Investment Risk Analyst - Risk Analytics & Modelling

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.Role Context:The Investment Risk Analyst – Risk Analytics & Modelling reports to the Head of Investment Risk For Private Markets within the Investment Risk function. The role involves working closely with the Investment Risk team, Technology, and other relevant departments to build and maintain the analytical infrastructure, risk models, and production reporting that underpin investment and credit risk oversight across M&G's funds and mandates.The role holder will develop and maintain production risk analytics, manage risk data and platform infrastructure, and support the governance of risk models. This is a hands-on technical role that combines risk domain knowledge with modern data engineering and analytics development skills.Key responsibilities include maintaining risk data pipelines and quality standards; developing and operating production analytics in Python and DataBricks; building and maintaining PowerBI dashboards for governance, CRO reporting, and regulatory obligations; supporting risk model validation and backtesting; and providing analytics advisory services to Investment Risk Specialists.Key Responsibilities:Develop and maintain production risk analytics, risk-owned datasets, and PowerBI dashboards (supporting Investment Risk oversight processes, CRO reporting, and regulatory obligations), ensuring code quality, version control, data accuracy, and adherence to RAM development standards.Support risk model governance, including the annual model appropriateness review, monthly VaR backtesting, and impact assessment of Aladdin risk model changes released by BlackRock.Provide analytical support for new mandate and instrument onboarding, configuring risk analytics and validating outputs before go-liveCollaborate closely with Technology to progress data and platform requirements through the software development lifecycle, including defining business requirements, participating in solution design, and leading user acceptance testing from a business perspective.Support the wider Investment Risk team in the production of periodic risk reports and dashboards, and undertake ad hoc risk analysis in response to queries from Investment Risk Specialists, fund management, or cli...