Risk Graduate Scheme

Who are we looking for?

We are looking for graduates who have an enthusiastic and curious approach to learning and display excellent numeracy, analytical thinking and problem solving skills. You will have an appreciation for why effective risk management matters. You will also have excellent interpersonal and communication skills.

You will possess or be predicted a minimum 2:1 undergraduate degree from any discipline and have 300 UCAS points or equivalent.

What is the Risk Graduate Scheme?

The Risk Graduate Scheme will last between 12 and 18 months, during which you will gain exposure across the different Risk functions, focussing and completing the scheme with a permanent position within Risk Analysis. This opportunity will enable you to develop a wide range of skills and competencies together with an understanding of how M&G Risk conducts a wide variety of roles; from challenging business units on risks, controls and actions through to asset valuations and providing investment risk analysis.

Risk Analysis – A crucial part of our infrastructure is an effective resource that provides comprehensive risk analysis and supports management of investment risk. Accordingly, we employ a team of risk analysts and monitoring staff that develops and runs risk models based on leading edge risk software, Algorithmics, tailored to the investment strategy and philosophy of each fund type.

Portfolio Construction and Risk - The team is responsible for assisting fund managers in maximising alpha from bottom-up stock selection by identifying unintended investment risks and assisting in the effective allocation of the risk budget to highest conviction ideas. They also provide reassurance to senior management that funds are being managed in line with the mandate and provide clients with real insight into the investment characteristics and risks of the funds in which they invest.

Risk Monitoring – The counterparty credit risk team undertake the due diligence of market counterparts on initial set up and on an ongoing basis, with a view to establishing and maintain trading lines. We are also responsible for the daily monitoring of exposures against these trading limits, as well as providing oversight of the firm’s collateralised positions in its OTC and securities lending books. The Risk Controls team is responsible for providing independent valuation of non-standard / complex assets and performing a review of risk in relation to asset portfolios usually encompassing the calculation of various risk metrics, capital utilisation and stress tests.

What will you do?

The Graduate Risk Analyst is an integral member of the Risk Analysis team who will benefit from a wide range of tasks and working closely with senior investment risk analysts.

Work that previous graduates have been involved in includes:

  • Designing and building new risk models
  • Researching market areas in context of risks they pose for funds
  • Running periodical procedures and ensuring funds stay within risk limits
  • Meeting with fund managers to discuss the risks they have in their portfolios

What training and development opportunities are provided?

Throughout the scheme, you are given comprehensive training and a vast support network; this includes a four-week asset-management introductory programme, a buddy from a previous cohort and an optional mentor. All graduates complete their induction by obtaining the Investment Management Certificate (IMC) and will then begin supported study towards a further professional qualification, such as the Professional Risk Managers International Association (PRMiA).

Following the initial training programme, your individual training needs will be assessed and you will begin supported study towards further relevant training and qualifications. You will receive regular feedback through rotation appraisals and also a psychometrics review, allowing you to continue to develop throughout the programme. Graduates are also able to make the most of the in-house training opportunities available.

Once off the scheme your development will continue to be supported through the Learning & Talent Development Team.

Role Details

Start date: Friday 8th September 2017
Salary: Highly competitive
Location: London

For more information and to apply, please visit our website via the button below.

We assess applications as we receive them so we encourage you to apply as soon as possible.

M&G is an equal opportunities employer and encourages applications from a diverse background.

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