Head of Funding in London

Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions. Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long‑term investment and savings solutions.

This role is in the Group Treasury team and is responsible for shaping and executing the group’s funding and liquidity strategy. Working at the centre of the group, the role provides oversight of debt issuance programmes, bank facilities and liquidity resources to ensure the group maintains resilient funding, robust liquidity buffers and effective contingency planning. The position partners closely with Group Finance, Investor Relations, Risk and the Life and Asset Management businesses, and represents the group externally with banks, investors, rating agencies and advisers. It offers broad visibility across the balance sheet and strategic decision‑making, with regular interaction with senior management and Boards, making it an excellent opportunity for a treasury professional to lead funding and liquidity activity in a dynamic, regulated environment.

Key Responsibilities for this Role

• Lead the Group Holding Company's funding strategy, including execution and ongoing management of debt issuance programmes and bank facilities.
• Oversee Group liquidity management, including forecasting, stress testing, liquidity buffers and contingency funding planning, with regular reporting to senior management and Boards.
• Maintain strong relationships with banks, investors, rating agencies and advisers, acting as a point of contact on funding, liquidity and capital market matters.
• Partner closely with Group Finance, Risk, Insurance and Asset Management businesses to align funding and liquidity planning with business strategy and regulatory expectations.
• Oversee the investments, funding and hedging of the Group’s treasury function, optimising liquidity pool assets within agreed risk and return parameters.
• Input into group recovery plans and solvent exit / wind down plans.
• Track regulatory developments relevant to the role.

Key Knowledge, Skills & Experience

• Experience in corporate or group treasury, with a strong track record in debt capital markets and funding programmes.
• Deep understanding of liquidity management, cash flow forecasting, stress testing and balance sheet optimisation, ideally within an insurance / asset management group.
• Practical experience managing treasury investment portfolios or liquidity pool assets, with a strong grasp of risk, return and governance considerations.
• Strong financial modelling, forecasting and analytical skills, with the ability to translate market and liquidity risks into clear senior‑level insight.
• Proven ability to operate at senior stakeholder level, including interaction with Boards, rating agencies, banks, advisors and external investors.

What we offer

• We are proud to offer a valuable pension scheme of 18%, with 13% made up of Employer Contributions and 5% Employee Contributions.
• We also offer Share Save and our Share Incentive Plan, together with access to financial wellbeing and support services.
• Enjoy 38 days annual leave including bank holidays, with the opportunity to purchase up to 5 extra days and additional flexibility through our Time Off When You Need It policy.
• Our market leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave.
• Health & Protection cover including Private Healthcare, Critical Illness cover and Life Assurance for you, with family options.

We have a diverse workforce and an inclusive culture at M&G, underpinned by our policies and our employee‑led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks. M&G is also proud to be a Disability Confident Leader, and we welcome applications from candidates with long‑term health conditions, disabilities, or neuro‑divergent conditions. If you need assistance or an alternative means of applying for a role due to a disability or additional need, please let us know by contacting us.