Base Career helps you apply smarter for this job.
Key skills for this role
The M&G plc Risk and Compliance function:
Assists the Board to formulate, implement and monitor adherence to the Risk Appetite and Limit framework, risk management plans, risk policies, risk reporting and risk identification processes. P rovides guidance, tools and technology and reviews and assesses the risk taking activities of, the first line of defence, where appropriate challenging the actions being taken to manage and control risks; and, provides the Board with an aggregate view of M&G plc’s risk profile and supports them in identifying and assessing key and emerging risks which threaten the achievement of M&G plc’s objectives. The M&G Life team is responsible for oversight of risks within M&G Life .
The Model Validation team support the business in managing model risk across the group through the independent validation of both the Solvency II Internal Model and other critical Models and User Developed Applications within the business , including pricing models and operational risk modelling . The team also has responsibility of the company Solvency UK compliance framework, ensuring the business adheres to the relevant regulatory requirements including any new requirements issued by the PRA .
The Manager role will provide the opportunity to validate the Internal Model , interpret and support the business in understanding and adhering to the various regulations and produce and present papers for senior committees.
Skip the repetitive application forms
Install the Base Career Chrome Extension and autofill job applications across major job boards with your profile.
Trusted by over 500,000 job seekers on Base Career
More from this employer
Stirling, GBR
Pune, IND
Stirling, GBR
Stirling, GBR
, GBR
Pune, IND
Mumbai, IND
Mumbai, IND
Mumbai, IND
Exp erience in the validation of models and tools
Good knowledge of Financial services regulations and internal model design
Working knowledge of industry best practice and good network / links with individuals and external bodies
Good knowledge of UK financial s ervices regulatory environment
To have strong knowledge and recent exposure to model development risk s and risk framework development
Awareness of external developments and ability to identify , recommend and implement i mprovements to processes and policies in line with these d etailed statistical knowledge
(Essential)
Experience in actuarial and statistical modelling
Experience in model risk and governance
Experience of providing constructive challenge and oversight of technical matters
Experience in model development risk s and risk framework development
(Desirable)
Experience in risk guidance and compliance environments
Experience of liaising, influencing and negotiating effectively with internal parties
Experience of Financial Services regulatory environment and Prudential regulations
Experience of managing p roject s
Verified company details for this employer are not available yet.
Full-time
Senior
Hybrid
Apply faster on company sites with our extension.