# Non-Financial Risk Analyst (11 month FTC) at M&G

M&G is hiring a Non-Financial Risk Analyst (11 month FTC) in London, United Kingdom. Level rates it Little AI ●○○○; you can [apply on M&G](https://jobsbylevel.com/go/11cc8fdf-049b-4b5b-a761-ebd25496e1ad?utm_medium=ai-agent).

AI Level 1, AI centrality 34 out of 100. London.

## Details

- Company: [M&G](https://jobsbylevel.com/companies/m-g)
- AI level: AI Level 1 (score 34 out of 100)
- Location: London
- Posted: November 13, 2026
- Apply: https://jobsbylevel.com/go/11cc8fdf-049b-4b5b-a761-ebd25496e1ad?utm_medium=ai-agent
- Free CV review for this job: https://jobsbylevel.com/cv-review?job=non-financial-risk-analyst-11-month-ftc-at-m-g-ec5478

## Description

At M&G, 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 offer workplace adjustments to ensure you have the support you need to succeed in your role. The Role: The M&G Group (MGG) Non-Financial Risk (NFR) Second Line of Defence team supports the Asset Management business in conducting its non-financial risk management responsibilities. It is also our responsibility to collaborate with M&G plc Central Non-Financial Risk Second Line of Defence department in the provision and maintenance of frameworks, policies, taxonomies, approaches and systems that are appropriate for Asset Management. Our team’s responsibilities range from advisory, monitoring and assurance technical support and reviews. We provide ongoing advisory and collaboration support to our M&G plc Central NFR colleagues to provide appropriate risk frameworks for Asset Management in compliance with regulatory requirements. M&G Group (Asset Management) face off to several regulators such as the Financial Conduct Authority (FCA), Commission de Surveillance du Secteur Financier (CSSF) and Monetary Authority of Singapore (MAS) to name a few. We also provide ongoing technical advisory support to M&G Group First Line of Defence in implementing and embedding the risk frameworks. We monitor risk management results continuously such as risks, issues, incidents, metrics, controls and other relevant data. We embed ourselves into the key Committees, Forums and discussions within the business to adequately support first line of defence on a continuous basis such as change and transformation programmes, strategic and business management discussions. We conduct a range of assurance reviews such as Risk and Control Self-Assessment, change governance, end-to-end process reviews, strategic plan reviews, issues, incidents, metrics, remedial activities and other reviews. These support us in providing senior management – such as Boards and Risk Committees - with appropriate Second Line of Defence views and opinions of the overall risk profile of the Asset Management business. Through these activities, our core focus is to be an impactful business partner to both M&G plc Central NFR and Asset Management business areas. Our team has reached a critical point in maturing our MGG Non-Financial Risk business operating model to continue to be an impactful business partner for which we need help with over the course of 2027. We are looking for an experienced colleague / analyst who can support us in the below 3 activities in 2027: Non-Financial Risk Second Line of Defence Processes and Controls: Our team have matured many of our practices across advisory, monitoring and assurance to support the M&G Group (Asset Management) business area. It is important that we update our methodologies, processes and controls to reflect our approaches taken to ensure consistency and robustness on a forward-looking basis. Local risk heatmap buildouts: M&G plc Central NFR have enhanced its approach to develop entity level risk heatmaps. To test this approach the M&G plc, M&G Group entity and Life entity risk heatmaps were developed in 2026. We will continue this build out for the subsidiaries of M&G Group that require it, such as Luxembourg, Asia Pacific, US, UK, etc. Risk monitoring and trend analysis: The MGG NFR team relies on the analysis of significant datasets to view global / consolidated and

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Source: https://jobsbylevel.com/jobs/non-financial-risk-analyst-11-month-ftc-at-m-g-ec5478

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