Senior Governance and Oversight Consultant

At M&G our purpose is to give everyone real confidence to put their money to work.As an international savings and investments business with roots stretching back more than 170 years we offer a range of financial products and services through Asset Management Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients and superior shareholder returns.

Through our behaviours of 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 also offer work place accommodations to ensure you have what you need to effectively deliver in your role.

Senior Governance and Oversight Consultant M&G Life

The Role:

An opportunity has arisen for a Senior Governance and Oversight Consultant to join the Risk Assurance and Remediation area within our Life business. The role will support the Governance and Readiness Manager and Head of Governance and Readiness to oversee and manage our Third Party suppliers and Intra-Group arrangements.

The candidate will support and lead the day-to-day oversight and governance of service(s) received from our Third Parties and Intra-Group arrangements ensuring services are delivered in line with third party risk management (TPRM) standards. The role holder will be responsible for business readiness activities including:

• Oversight and assurance of change activity against the business readiness framework.
• Acting as an SME for business readiness.
• Working with the wider business during onboarding of new suppliers to ensure appropriate governance and policy readiness in place for go live.

This role will have a blended approach between working from home and our office in Stirling (2-3 days).

Key Responsibilities for this role include:

Governance and Oversight of Third-Party Arrangements:

• Understand the M&G TPRM policy and standards and how these apply to the Life business.
• Support the Governance and Readiness Manager to manage a portfolio of material and non-material suppliers ensuring compliance with third-party risk management and outsourcing policies.
• Chair and oversee relevant governance forums providing facilitation challenge escalation and guidance for committee members.
• Produce reports and management information (MI) related to the Supplier Arrangement to ensure effective and ongoing management of the Third Party Arrangement.
• Serve as a point of contact between M&G and third-party providers.
• Develop and maintain strong relationships with internal stakeholders third-party suppliers and service providers to ensure collaboration and drive business forward.
• Deliver effective stakeholder engagement to leadership promptly highlighting challenges related to third-party services.
• Provide support on business escalations to and from third-party suppliers ensuring adherence to appropriate oversight processes and escalation management routes.
• Initiate and track remediation activities associated with third-party arrangements ensuring timely completion.

Business readiness activity

• Responsible for the oversight of business readiness on change activity across the Life business to mitigate risk and protect positive customer outcomes.
• Act as the SME for change assurance activity.
• Support the business and applying change readiness standards to smaller change activity.
• Work with third party suppliers to validate their business readiness frameworks and gain assurance on any changes being delivered.

Key Knowledge Skills & Experience:

• Experience of risk assurance and/or supplier oversight in a regulated financial services organisation or a similarly regulated industry.
• Good knowledge and experience in managing a third-party relationship in a regulated financial services organisation or a similarly regulated industry.
• Strong understanding of the requirements of the TPRM Policy Standards and Framework.
• Working knowledge of regulatory & risk management frameworks.
• Working knowledge of financial services.
• Experience of change delivery and oversight.
• Excellent communication and writing skills.
• Strong stakeholder management communication and influencing skills.
• Working knowledge of life and pensions products markets and competitors.

Work Level: Experienced Colleague

Recruiter: Sarah Mathers

Location: Kildean Stirling

Closing Date: 9 June 2025

We have a diverse workforce and an inclusive culture at M&G plc underpinned by our policies and our employee-led networks who provide networking opportunities advice and support for the diverse communities our colleagues represent. Regardless of gender ethnicity age sexual orientation nationality disability or long term condition we are looking to attract promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.

M&G is also proud to be a Disability Confident Leader and we welcome applications from candidates with long-term health conditions disabilities or neuro-divergent conditions. Being a Disability Confident Leader means that candidates who meet the minimum criteria of a job will be offered an interview if they opt in to the scheme when applying.

Ifyou need assistanceor an alternative means of applying for a role due to a disability or additional needpleaselet usknow by contacting us at: