Operational risk

Gain experience across a wide range of business areas in the identification, assessment, measurement and mitigation of operational risks.

What is the Operational Risk graduate scheme?

The Operational Risk & Governance team (ORG) is responsible for operational risk oversight of M&G, making sure the company manages these risks in accordance with the expectations of its clients, shareholder and regulators.

In this scheme, you’ll work with management across our business and with Prudential to challenge teams on risk controls and actions as well as embedding the operational risk framework and policies.

What to expect

During the scheme, you’ll be established into our teams as a key resource and given work where you can make a genuine contribution to the organisation.

The scheme will last for 18 months and, as a new graduate, you will rotate through operational risk and governance and many of the divisional operational risk teams at M&G.

Work that previous graduates have been involved in includes:

  • Building constructive and supportive working relationships with risk teams and management across the business
  • Supporting the review, and challenge business unit reports of risk/control issues and actions
  • Supporting the development, communication and embedding of the M&G Group risk framework, policy and guidance to ensure this meets the needs of the Group and minimum standards defined by Prudential Group
  • Supporting the development and maintenance of risk MI for the M&G Group Risk Committee
  • Monitoring industry updates and escalation for review as appropriate

What we offer

Throughout the scheme you are given comprehensive training and a vast support network; this includes a five-week asset-management introductory programme and a buddy from a previous cohort.

All graduates obtain the Investment Management Certificate (IMC) during the induction and can then begin supported study towards a further relevant professional qualification.

You will receive regular feedback through appraisals and a psychometric review, allowing you to continue to develop throughout the programme. Graduates are also able to make the most of our in-house training opportunities.

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

Who we're looking for

 We’re looking for candidates who:

  • Have a proactive and curious approach to learning and display excellent analytical thinking and problem solving skills.
  • Have an appreciation for why effective risk management matters.
  • Have excellent interpersonal and communication skills.

We’re looking for candidates from a diverse range of backgrounds and actively recruit from all degree disciplines. It’s not necessary to have studied a finance related degree or have relevant work experience, but an interest in financial services is important.

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

The scheme at a glance

  • Qualifications required: 2:1 degree/300 UCAS points
  • Application window: 3 August to 10 December 2017
  • Current status: Closed
  • Start date of scheme: September 2018
  • Duration: 12-18 months
  • Location: Governor's House, London EC4R 0HH