Operational Risk Apprentice
Job Summary
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
Who are we looking for
We are looking for a confident individual with a positive attitude and acan-doapproach who is keen to build their experience and grow with M&G.
A successful candidate will beself-motivated curious able to build strong relationships and work effectively as part of a team.
They should feel comfortable using their initiative working independently when needed and be eager to learn and progress.
The Role
As anOperational Risk Apprentice you will join our Operational Risk team supporting the private markets business including areas such as private equity private credit realassetsand infrastructure. This isa great opportunityto builda strong foundationin risk management while learning how risks are understood and managed acrossdifferent stagesof the investment process.
Working alongside experienced colleagues you will gain handson exposure to how operational risks areidentified assessedmonitoredand managed. You will collaborate with teams across the business including front office operations compliance legal and technology helping you build a rounded understanding of how we work together to deliver a quality service. As you grow in confidenceyoullbe encouraged to take initiative follow established processes and make suggestions for improving the way we work all while developing practical skills that support your future career.
What will you be doing
As anOperational RiskApprenticeyou will:
Assistwith the identification and assessment of operational risks across private markets strategies
Support risk and control self-assessments (RCSAs) andmaintainingrisk registers
Helpmonitorkey risk indicators (KRIs) and escalating emerging issues where appropriate
Supportincidentmanagement processes including logging analysis and reporting of operational events
Support the collection review and presentation of management information (MI) for risk reporting and governance forums
Assistinmaintainingkey risk-related registers (e.g. risk incident action and control registers) and following up on associated actions to ensuretimelyclosure
Assistwithoperational risk input into new product launches fund setups and business change initiatives
Support regulatory and client-driven risk reporting requests
Helpmaintainpolicies procedures and governance documentation
Preparematerialsfor risk committees and internal governance forums
Conduct research on industry best practices and emerging risks in private markets
What will I need to be successful in this role
Agenuine interest in financial markets private markets and risk management
Confident communication skills both written and verbal
Ability to build andmaintainrelationships with internal and external stakeholders with ease
Ability to manage processes andcoordinatewith different people
Stronganalytical and problem-solving skills
Efficient proactive structured approach to work and very wellorganized
High levelof accuracy and good attention to detail
Can effectively manageday to daywork alongside apprenticeshipqualification
Moderate understanding of the MS Office (Word Excel PowerPoint Outlook)
A proactive team player who is confident about working with others but also independently and can promptly escalate any issue and work remotely where
Logical and analytical approach coupled with intelligence passion and a drive to learn
MinimumRequirements
Available to start the apprenticeship programme in September 2026
You must not be enrolled into another further education programme at the beginning of the programme
Be a UK citizen or have proof of your right to work in the UK
Living inEngland
Minimum of Grade 4 in GCSE English and Mathematics
Minimum of Grade C in Three A-Levels or equivalent such as BTEC Nationals
Training Provided
AsanOperational RiskApprentice with M&G you will undertaketheComplianceandRiskLevel 3 apprenticeship will be delivered through a blend of live online learning pre-recorded lectures and face to face inductions and masterclasses
Future Prospects
This is a fixed term contract for18- 23months upon which the business may decide toretain subject to the Apprentice performance headcount and available funding. If recruited into a permanent role the individual will follow the career progression applicable to the specific role/department.
Salary
26900perannum plus benefits
Our application process
To apply for any of our apprenticeship roles you willbe requiredto complete the following steps:
Submit your Application Form and CV
Complete your Online Assessment
Take part in a short Telephone Interview (for selected roles)
Attend one of our Assessment Centre
We are only accepting one application per candidate so please do review all job descriptions and outline your top three choices in your application.
As you may expect our Apprenticeship roles are extremely popular and therefore we may need to close vacancies early if we receivea high levelof applications.
What we offer
At M&Gwerecommitted to helping you thrive and supporting your wellbeing both at work and beyond. Our benefits are designed to help you balance your professional and personal life while planning confidently for your future. Our UK benefits include:
As a savings and Investments firm we are proud to offer a valuable pension scheme of 18% with 13% made up of Employer Contributions and 5% Employee Contributions. We also offer Share Save and our Share Incentive Plan together with access to financial wellbeing and support services - to help give you real confidence to put your money to work.
Enjoy 38 days annual leave including bank holidays with the opportunity topurchaseup to 5 extra days andadditionalflexibility through our Time Off When You Need It policy to balance your work and personal commitments.
Our market leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity adoption surrogacy and paternity leave - as supporting families is a core aspect of our inclusive culture.
Health & Protection cover including Private Healthcare Critical Illness cover and Life Assurance for you with family options - for peace of mind.
To explore more about life at M&G and our full benefits offering visitLife at M&G
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.
Ifyou need assistanceor an alternative means of applying for a role due to a disability or additional needpleaselet usknow by contacting us at: