Operational Risk Apprentice

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 acando approach who is keen to build their experience and grow with M&G.

A successful candidate will be selfmotivated 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 an Operational Risk Apprentice you will join our Operational Risk team supporting the private markets business including areas such as private equity private credit real assets and infrastructure. This is a great opportunity to build a strong foundation in risk management while learning how risks are understood and managed across different stages of the investment process.

Working alongside experienced colleagues you will gain handson exposure to how operational risks are identified assessed monitored and 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 confidence youll be 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 an Operational Risk Apprentice you will be:

• Assisting with the identification and assessment of operational risks across private markets strategies

• Supporting risk and control self-assessments (RCSAs) and maintaining risk registers

• Helping monitor key risk indicators (KRIs) and escalating emerging issues where appropriate

• Supporting incident management processes including logging analysis and reporting of operational events

• Supporting the collection review and presentation of management information (MI) for risk reporting and governance forums

• Assisting in maintaining key risk-related registers (e.g. risk incident action and control registers) and following up on associated actions to ensure timely closure

• Assisting with operational risk input into new product launches fund setups and business change initiatives

• Supporting regulatory and client-driven risk reporting requests

• Helping maintain policies procedures and governance documentation

• Preparing materials for risk committees and internal governance forums

• Conducting research on industry best practices and emerging risks in private markets

What will I need to be successful in this role

• A genuine 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

• Strong analytical 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 whererequired

• 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 in England

• 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 Risk Apprentice with M&G you will undertakethe Compliance and RiskLevel 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&G were committed 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 to purchase up to 5 extra days and additional flexibility 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 visit Life 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.

M&G is also proud to be a Disability Confident Leader and we welcome applications from candidates with long-term health conditions disabilities or neuro-divergent conditions. Being a Disability Confident Leader means that candidates who meet the minimum criteria of a job will be offered an interview if they opt in to the scheme when applying.

Ifyou need assistanceor an alternative means of applying for a role due to a disability or additional needpleaselet usknow by contacting us at: