Investment Risk Data Scientist

M&G plc.
London, United Kingdom
Jan 28, 2022
Feb 08, 2022
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
At M&G our vision is: to become the best loved and most successful savings and investment business and we're looking for people who are excited about joining us on our journey. We're digitally transforming and investing heavily in technology and innovation to develop new and improved customer propositions that really raise the bar for our customers. To help us achieve our vision we're looking for exceptional people who live our values and behaviours and who can inspire others; embrace change; deliver results and keep it simple.

We know that an inclusive environment makes us more accessible and ensures we attract, engage, promote and retain exceptional people. We welcome applications from all individuals regardless of age, gender/gender identity, sexual orientation, ethnicity/nationality, disability, or military service and welcome those who have taken career breaks. We will consider flexible working arrangements or home working arrangements for any of our roles.

What you can expect from us:
We are committed to creating an environment where you can be exceptional at all you do. To help us deliver this, we promise to:
  • Challenge Your Limits by creating a stimulating working environment and providing opportunities for you to be involved in meaningful and challenging work
  • Support Your Aspirations with a commitment to learning and development that helps you achieve and build your experience with people who want you to succeed
  • Value Your Input whereby leaders and managers will involve you in key decisions, listen to your thoughts and recognise the important contribution you make
  • Balance Your Life through a work life partnership that focuses on making this an inclusive, diverse and friendly place to work and offers the flexibility and support that enables everyone to be at their best

How do we support our employees:
All M&G plc employees will be supported in the workplace through our M&G Employee Assistance Programme (EAP). If you need counselling, confidential financial or legal advice. The service is available 24 hours a day, 365 days a year and offers access to qualified professionals who can provide specialist information, advice and support on many issues. It offers a broad range of services, including help with family issues, maintaining work/life balance and mental health support.

Role Context:

The Equity Risk Team, part of the broader Investment Risk team, sits within the business' second line risk function, reporting independently to the CRO. It is responsible for the oversight of equity funds and mandates across a wide range of geographies and strategies. It's key responsibilities include ensuring that risk taking is consistent with the funds' stated objectives and strategy and that the funds maintain appropriate levels of liquidity and diversification. In addition to this, the team work closely with fund managers, providing risk and performance-based insight and analytics to support effective portfolio construction, with the Product and Investment Solutions teams to support the development of new funds and portfolios, and with Sales and Distribution teams to aid with client queries.

Work Level Accountabilities:

Experienced Colleague:
  • Accountable for providing a quality service or product to customers and stakeholders, using skills/experience built through significant practical experience or training
  • For team leaders, accountable for ensuring the team the role supports is delivering a quality service or product
  • Works within established frameworks and procedures, with the freedom to interpret them to solve a range of problems
  • Delivers outputs that are clearly defined, using discretion over how to achieve them
  • Makes suggestions for improvements to the work of the team, based on previous experience and knowledge of similar situations

Key Responsibilities:
  • Developing, maintaining, and improving portfolio analytics to efficiently deliver insight to a wide range of stakeholders.
  • Producing insightful analysis on specific equity portfolios for discussion with fund managers across a range of products and investment strategies.
  • Support the running of risk meetings with fund managers, and engaging with the front office during and outside the formal oversight process.
  • Preparing presentations for internal committees (Performance and Risk, and the Liquidity Sub-Committee) to flag issues for noting or of concern.
  • Work with the Performance team to link risk analysis with fund performance.
  • Participation in cross-departmental initiatives in order to foster greater collaboration with the wider investment risk team,
  • Undertaking of independent research aimed at uncovering portfolio/market risk insights which can aid fund managers in improving the investment management process.
  • Undertake ad hoc project analysis as necessary to support new product initiatives.
  • Undertake ad hoc risk analysis as part of the fund management team dialogue and from Sales/Client interaction.
  • Carry out pre-trade analytics on prospective investment strategies and pre-launch modelling on new fund proposals.

Skills, Knowledge & Experience:
  • Experience coding in R, Python, SQL and/or other relevant coding experience would be strongly preferred.
  • Experience dealing with large data-sets and strong quantitative numeracy highly desired.
  • Experience developing reports using data visualisation software such as Power BI or Tableau is highly desired.
  • Keen interest in learning and applying new skills.
  • Previous experience working in investment risk is preferrable but not necessary.
  • Good communication skills. Comfortable in communicating ideas and analysis at different levels.
  • Ability to work to tight deadlines. Attention to detail. Ability to set own priorities and deadlines and respond to requests from other business areas in a timely and professional manner.

  • A solid degree in computer science or on any other quantitative or finance related subject.
  • Working towards professional qualifications (CFA, FRM, PRM etc.) would be looked upon favourably.

Recruiter: Tom Hunt
Work Level: Experienced Colleague
Closing Date: 06/02/2022

We live by four behaviours at M&G and we ask all our employees to:
  • Inspire Others - Support and encourage each other, creating an environment where everyone can contribute and succeed
  • Embrace Change - Be open to change, willing to be challenged and able to adapt quickly and imaginatively to new ideas
  • Deliver Results - Focus on outcomes, set high standards and deliver with energy and determination
  • Keep it Simple - Cut through complexity and bureaucracy, be clear and decisive and never overcomplicate things

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