About

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 also offer work place accommodations to ensure you have what you need to effectively deliver in your role. Role Context:Leading the team with responsibility for market, credit, dependency and operational risk modelling for setting associated capital levels, with ongoing engagement with senior stakeholders both internally and externally. The Head of Risk Modelling is responsible for: The annual calibration of market and operational risks, as well as the dependency structure between risks, which includes collecting data, refreshing analyses, understanding changes, rationalising judgements and presentation to senior stakeholders.Undertaking on-going development to the methodology and tools which underpin the calibrations. This involves research and implementation of enhancements, with associated testing and communication both across the business and with our regulators (including Major Model Change applications). The production of monthly market data packs, with responsibility for delivering accurate and timely reports to end users across M&G plc.The annual refresh of Group-wide Operating Standards for the production of Solvency II regulatory capital, including ensuring the