Risk Analyst

Overview

A vacancy has arisen for a Risk Analyst with a focus on Enterprise Risk Management (ERM) within the M&G Risk Team. This position would suit someone with a very good academic record, who can work autonomously, is adaptable and who can work to high standards and across multiple disciplines. He or she will thrive in a challenging, pressured environment with exposure at all levels of the organisation.

The successful candidate should enjoy working in financial services and will be responsible in assisting the Risk Manager in facilitating the roll out of the Operational Risk Standards across the business. The role requires a self-starter who works independently, as well as within a team and builds solid working relationships with the broader business as well as external parties, as needed. The successful candidate will report to the Risk Manager.

Key Responsibilities

• Facilitate the identification, assessment and monitoring of key risks and of the adequacy and effectiveness of key controls per functional area within M&G SA.
• Facilitate the identification, assessment, and monitoring of emerging risks.
• Ensure regular engagement and challenge of risks affecting our business from third-party service providers and vendors.
• Analysing and reporting of Key Risk Indicators (KRI’s) that are outside of risk appetite.
• Assist with updating company specific risk reports (Unit Trusts, Life and Namibia).
• Assist in the process of capturing, assessing, monitoring, reporting, and escalating (where necessary) operational risk events across M&G SA.
• Facilitate the annual assessment of User Defined Applications (UDA’s) across the business in terms of the M&G SA UDA policy.
• Ensure that any changes / additional requirements to the M&G plc Risk Management Framework and Operational Risk Standards are rolled out and facilitated across the business.
• Perform deep dive risk reviews in line with the business’s combined assurance model and the M&G plc Thematic Review Framework
• Positively influence the risk culture of the organisation and identify actions to improve the risk culture.
• Work closely with the Control Assurance and Compliance departments as part of the M&G combined assurance model.

• Liaise with Group Internal Audit Function and External Audit on audits conducted and provide assurance on the timely and appropriate resolution of audit findings.

Attributes, Qualifications, Skills & Experience

• Tertiary qualification (such as CA(SA) or BCom).
• A minimum of three years working experience in ERM / internal or external audit.
• Analytical and critical reasoning skills.
• Experience working on MetricStream / OpenPages would be an advantage.
• Excellent verbal and written communication skills.
• Excellent numeracy skills.
• Technical understanding of financial products and instruments.

Competencies & Personal Attributes

• Ability to take initiative and work independently.
• Be assertive and self-motivated.
• Pro-actively facilitate and influence key stakeholders.
• Build effective and respectful relationships internally and externally.
• Tolerate stress.
• Work to process.
• Pay attention to detail.
• Confidentiality is an absolute requirement, and any breach of confidentiality or honesty will not be tolerated.
• Integrity must be unquestionable.

About us

M&G Investments is a global asset manager with operations in 28 countries, around 5.5 million retail clients and R8.0 trillion in assets under management and administration. We are also one of South Africa’s top 10 asset managers, with approximately R306 billion* in assets under management.

For 30 years we have built up an admirable local track record for delivering consistently strong performance over time. Our aim is to help our clients achieve their financial goals, whether investing towards their first house, their children’s education, or making sure that they have enough funds to retire comfortably.

We work closely with experts across M&G plc’s worldwide operations to bring clients access to the latest technology, investment ideas and research. We incorporate sustainable thinking in everything we do, from the way we run our business to the impact we have on the planet and our communities. To help us achieve our vision, we’re looking for exceptional people who live our values of care and integrity and who can inspire others, embrace change, deliver results and keep it simple. We’re looking for people who will enjoy the challenge of working in an ambitious business that’s set on transforming the industry.

We are building a diverse and inclusive environment where everyone can thrive. In order to meet the objectives set in our Employment Equity plan, preference may be given to suitably qualified candidates from designated groups.

*As at 30 June 2024