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.

Context & Role:

M&G plc, as a major UK listed financial services provider, is required to operate effective non‑financial risk management across the organisation. An exciting opportunity has arisen to provide independent, forward-looking risk oversight across the transformation portfolio, particularly across the Finance function, with a focus on major programmes, delivery risk, and value realisation. The Transformation Risk Manager role is part of the second line risk team, reporting to the ‘Head of Support Functions Oversight and Assurance’.

M&G continues to undertake a number of major change programmes to deliver on transformation, business growth targets, and our BAU and regulatory change programmes. It is critical to have comprehensive Risk oversight, providing challenge and support over business ambitions, and to ensure the significantly heightened operational and execution risk entailed is effectively managed.

To enable implementation and delivery of the agreed approach for monitoring, assessing and reporting change risk, the role will provide the following:

• Independent embedded assurance & deep dive reviews
• Risk engagement and oversight at programme and project level
• Provision of regular MI and Reporting on Change and Transformation projects to senior stakeholder Boards and Committees

Key Responsibilities for this role:

• Provide risk oversight and independent challenge ovn first line identification, assessment and management of change related risks, including credibility of plans, capacity, timelines and benefits.
• Act as a trusted business partner, building strong, credible relationships and ensuring Risk & Compliance input is proportionate, value-adding, and aligned to business needs
• Manage and coordinate Risk and Compliance second line opinions on transformation programmes across Support Functions
• Manage and coordinate targeted transformation risk assurance reviews and deep dives in line with agreed Assurance Plan
• Provide timely reporting and MI across Programme and Projects on progress and risk assessment to relevant governance committees
• Review and assess the emerging risk themes across programmes
• Work collaboratively with the wider Risk and Compliance community to ensure appropriate engagement
• Complete strong written risk opinions provided to senior stakeholders including Board level

Key Knowledge, Skills & Experience:

• Strong understanding of the UK regulatory framework for non-financial risk management in financial services (essential)
• A strong understanding of project/programme delivery and risk oversight frameworks, including across initiation and business case development, planning, build, implementation, monitoring, and closure stages (essential)
• Experience of building and managing strong relationships with a broad range of stakeholders (essential)
• Knowledge of Life Insurance and Asset Management (desirable)
• Professional Accounting qualification (ACA, ACCA, CIMA), beneficial but not essential due to he significant proportion of finance project oversight
• Project Management qualifications (desirable)
• Good understanding and application in cost and benefit management (desirable)
• Experience in Risk and Issues management (desirable)

Personal Attributes:

• A promoter of risk awareness within the organisation
• Relationship management and the ability to challenge operational experts
• Able to work collaboratively across the immediate team and broader Risk & Compliance function
• Strong stakeholder management skills and experience dealing with challenging stakeholders
• Persistent and resilient in the face of challenge
• Ability to work under pressure to tight deadlines and competing priorities
• Able to look beyond face value, ask the right questions and make links and connections across the organisation and between similar situations
• Excellent verbal and written communication skills
• Ability to work autonomously as role is independent of other risk disciplines

Experience Level: Manager/Expert

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