At M&G, 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 offer workplace adjustments to ensure you have the support you need to succeed in your role.
The Role
This role sits within M&G Investments’ Stewardship & Sustainability team reporting to the Head of Climate Investment.
The Senior Climate Risk Analyst will work closely with the Head of Climate Investment to develop and implement the firm's climate risk integration with a focus on meeting the requirements of SS5/25. They will be responsible for developing and owning key elements of M&G Investments’ Climate Risk Framework.
Key Responsibilities:
Climate Risk Assessment Framework – Develop and implement M&G Investments' approach to assessing physical and transition risk exposure at individual issuer and asset level. Establish a consistent screening methodology to classify assets by climate risk exposure across listed equity and corporate bonds, with phased extension to other asset classes.
Key Risk Indicator Development & Delivery – Define, calibrate and maintain climate-related KRIs aligned to the business wide Risk Appetite Statement. Develop methodologies linking bottom-up issuer assessments to risk thresholds, limits and management-action triggers. Produce quarterly MI on risk indicators.
Scenario Analysis – Develop and implement narrative and quantitative climate scenario analysis, including short-term scenarios and contributions to central case scenario development. Assess impacts on individual issuers, funds and multi-asset allocations. Implement and embed the firm's Principles for Climate Scenario Analysis across relevant workstreams.
Regulatory & Client Support – Support the firm's compliance with PRA SS5/25 and contribute to ORSA, Climate Transition Plan and UK Sustainability Reporting Standards deliverables. Contribute to client presentations, due diligence processes and thought leadership on climate risk.
Key Knowledge, Skills & Experience
Work Level: Manager or Expert
Recruiter: Hannah Curtis
What we offer:
We’re dedicated to supporting your wellbeing and helping you thrive, both at work and beyond. Our benefits are designed to help you balance your professional and personal life, and financially plan for the future. Our UK benefits include:
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A valuable pension scheme of up to 18% (13% made up of employer contributions and 5% employee contributions).
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Access to our Share Save and Share Incentive Plan, alongside financial wellbeing and support services to help give you real confidence to put your money to work.
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Enjoy 38 days annual leave (including bank holidays), with the opportunity to purchase up to five extra days. Our Time Off When You Need It policy gives you the flexibility - to balance work and personal commitments.
- Our market-leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave - because supporting families is an important part of our inclusive culture.
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Health & Protection cover includes Private Healthcare, Critical Illness cover and Life Assurance for you, with additional family options - for peace of mind.
To explore more about life at M&G and our full benefits offering, visit Life at M&G
At M&G we strive to have a diverse workforce and an inclusive culture, underpinned by our policies and employee-led networks that offer networking, support and development opportunities for the diverse communities our colleagues represent. We welcome applications from people of all backgrounds – across gender, ethnicity, age, disability, sexual orientation and more – including neurodivergent individuals, career returners and those with military service experience.
M&G is proud to be Level 3: Disability Confident Leader under the UK Government Disability Confident employer scheme, and we welcome applications from candidates with disabilities and long-term health conditions. If you would like to participate in the initiative, you will have the opportunity to indicate this on your application.
We are committed to providing an inclusive recruitment process. All candidates have the opportunity to request reasonable adjustments when applying. If you need any additional support at any stage, please contact us at: [email protected]
