Description

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.

Through telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

We will consider flexible working arrangements for any of our roles and also offer work place accommodations to ensure you have what you need to effectively deliver in your role.

Role Overview:
As a Second Line Regulatory / Risk Reporting Analyst, you will play a critical role in providing independent oversight of regulatory and risk reporting across the organisation. This includes reviewing, challenging, and enhancing the quality and accuracy of reports submitted to regulators and senior management.

You will work closely with First Line teams to ensure that reporting processes are robust, compliant with regulatory expectations, and aligned with internal risk frameworks. The role also involves horizon scanning for regulatory developments and supporting the business in understanding and responding to emerging reporting requirements.

Key Responsibilities:
Oversight & Assurance

• Provide independent review and challenge of regulatory and risk reports produced by First Line teams
• Assess the effectiveness of controls over data entry and quality, aggregation, and reporting processes
• Monitor adherence to regulatory reporting standards and internal risk policies

Regulatory Engagement

• Support the collation and review of information for regulatory submissions and requests
• Maintain awareness of regulatory developments and assess their impact on reporting obligations
• Liaise with Compliance and Legal teams to ensure alignment with regulatory expectations

Risk Reporting

• Review and challenge risk MI and dashboards to ensure accuracy, completeness, and relevance
• Support the development of risk appetite metrics and thresholds in collaboration with Risk SMEs in relation to Data
• Contribute to the enhancement of risk reporting frameworks and methodologies

Data Governance & Controls

• Evaluate data lineage and control frameworks supporting regulatory and risk reporting
• Identify and escalate data quality issues and control weaknesses
• Recommend improvements to enhance reporting accuracy and timeliness

Stakeholder Collaboration

• Work with First Line, Compliance, and Internal Audit to ensure consistent understanding of reporting requirements.
• Provide guidance and training to stakeholders on regulatory and risk reporting standards

Change and Continuous Improvement

• Own and maintain the regulatory change tracker, ensuring it is consistently updated with relevant developments. Work closely with business stakeholders to assess the impact of upcoming regulatory changes and support effective prioritisation based on business needs and regulatory timelines.
• Contribute to the development of reporting tools, templates, and automation initiative
• Support internal projects and initiatives aimed at enhancing the risk and control environment

Key Knowledge, Skills & Experience:

• Understanding of relevant regulations and regulatory frameworks (Essential)
• Experience using reporting tools and systems like Power Bi, SQL and Excel (Essential)
• Proven track record in preparing and submitting regulatory return (Essential)
• Attention to detail in data validation and reporting to avoid compliance breaches
• Ability to interpret complex data sets and regulatory requirements to produce accurate reports
• Proactive approach to identifying and resolving reporting discrepancies or process inefficiencies
• Strong interpersonal skills to work across multiple teams
• Experience working in a fast paced environment and meeting deadlines
• Experience supporting internal and external audits, including responding to queries and implementing recommendations

Work Level: Experienced Colleague
Recruiter: Helen Simons

What we offer:

At M&G, we're committed to helping you thrive and supporting your wellbeing, both at work and beyond. Our benefits are designed to help you balance your professional and personal life, while planning confidently for your future. Our UK benefits include:

• As a savings and Investments firm 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 - to help give you real confidence to put your money to work.
• 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 - to balance your work and personal commitments.
• Our market leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave - as supporting families is a core aspect of our inclusive culture.
• Health & Protection cover including Private Healthcare , Critical Illness cover and Life Assurance for you, with family options - for peace of mind.

To explore more about life at M&G and our full benefits offering, visit Life at M&G

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 at: careers@mandg.com