Investment Risk Analyst - Risk Analytics & Modelling

Location: London, United Kingdom

Company

M&G provides asset management and life insurance solutions, combining investment and savings expertise across Asset Management and Life operating segments.

What you will do

• Develop and maintain production investment risk analytics, risk-owned datasets, and PowerBI dashboards for oversight, CRO reporting, and regulatory obligations.
• Maintain risk data pipelines and quality standards, including code quality, version control, data accuracy, and RAM development standards.
• Support risk model governance through annual model reviews, monthly VaR backtesting, and impact assessments of Aladdin model changes.
• Configure risk analytics and validate outputs for new mandates and instruments before go-live.
• Collaborate with Technology on business requirements, solution design, software development lifecycle activities, and business-led user acceptance testing.
• Produce periodic risk reports and provide ad hoc analysis to Investment Risk Specialists, fund management, and client or sales teams.

Requirements

• 4+ years of experience in investment risk, investment quantitative analytics, risk technology, or technical business analysis within asset management or financial services.
• Strong Python and SQL skills, including production-quality code, data pipelines, query optimisation, and large datasets.
• Understanding of VaR, stress testing, credit risk metrics, leverage, performance attribution, financial markets, and fixed income products.
• Experience collaborating with Technology through requirements definition, solution design, and UAT.
• Experience with Git or Azure DevOps and disciplined software development practices.

Nice to have

• Experience with DataBricks, Spark, cloud-based analytics platforms, PowerBI, or comparable reporting tools.
• Knowledge of derivatives, including rates, inflation, and credit products, their valuations, sensitivities, and risk-model representation.
• Experience with Aladdin or comparable enterprise risk platforms, UCITS/AIFMD reporting, leverage calculations, or fund oversight.
• Familiarity with AI-assisted development tools and automation for risk processes.
• CFA, FRM, or equivalent qualification, or progress toward one.

Culture & Benefits

• Flexible working arrangements and workplace adjustments are available.
• Pension scheme of up to 18%, including employer contributions.
• Share Save, Share Incentive Plan, and financial wellbeing support.
• 38 days of annual leave including bank holidays, with the option to purchase five additional days.
• Paid parental leave and family support through the Inspiring Families policy.
• Private healthcare, critical illness cover, and life assurance, with additional family options.

Hiring process

• Reasonable adjustments can be requested at any stage of the recruitment process.