Risk Graduate and Internship Schemes

Kevin Jin – Risk Graduate Scheme

"Being a graduate at M&G has been a truly enriching experience, both professionally and personally. From the moment you start the training, you never stop learning and challenging yourself."
BSc Business, Mathematics & Statistics, London School of Economics

Kevin Jin

Your skills and talents

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.

We are looking for candidates who are pro-active team players with strong numeracy, planning and organisation skills. You will have strong interpersonal skills and the ability to build effective relationships. You will need to possess, or have been predicted a minimum 2:1 undergraduate degree from any discipline, with a minimum 300 UCAS points.

About the schemes

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 maintaining 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.

Risk Internship Scheme

Our internship scheme will give you a practical introduction and insight into risk management at M&G. Interns will be placed in the same teams as our graduates, and will be exposed to a number of areas outside of their immediate team in order to provide a broad understanding of our overall business and Risk functions.

Training and development 

All graduates and interns take part in our comprehensive training. Once graduates have completed the IMC they will begin supported study towards the Professional Risk Managers International Association (PRMiA) or Global Association of Risk Professionals (GARP) qualification.