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AVP - Investment Operations - Controls & Assurance @ M&G Global

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M&G Global  AVP - Investment Operations - Controls & Assurance

Job Description

This Risk Manager Techno-Functional role will require the suitable candidate to be well versed in Risk Management within the Asset management / Financial Services domain to manage/mitigate business and technical risk

Controls & Assurance Line 1b Team within M&G Plc is a part of COO - Global Controls Team which supports the Asset Management to manage Non-Financial Risk emanating from Operational processes and systems. Team conducts control Assessments, document process, risk and controls and helps provide independent assurance to the 2nd and 3rd line for the overall control environment withing COO and CIO.


  • Domain Expertise:
  • Understand the Operational Risk Management for Financial Services Industry
  • Through understanding of Investment Business is mandatory
  • Working expertise on multiple asset classes like Equity, Fixed Income, Derivative, Structure Products, Pvt Assets, Real Estate investments, etc..
  • Experience using MetricStream and Cluster 7 is a significant plus

  • Technical Expertise:
  • Ability to understand system flows and Interaction between applications
  • Microsoft Office (Excel, Word, PowerPoint etc) skills
  • Microsoft Power BI Apps

  • Managerial Expertise:
  • Will be managing a team of 5 to 7 Asst Managers or Investments Analyst
  • Will be responsible for end to end delivery of a Team managing the business for Investments and Operations
  • People Management and conflict management will be key essential part of the role
  • Stakeholder Management

  • Magnitude of Impact:
  • Strong drive and delivery, committed to achieving results and delivering on time
  • Strong analytical thinking and a critical evaluator of information/issues
  • End to end ownership of the processes and issue resolution
  • Ability to interact with Senior Managers / Business Risk Partners on potential issues
  • Strong understanding of various asset classes to explain the Issue and Impact in detail.

  • Knowledge & Skills (Additional) :
  • Ability to design controls to mitigate the open risk
  • Excellent written and oral communication and analytical skills
  • Ability to operate remotely, in a diverse and multi-cultural environment with international work or consultancy exposure
  • Curious and continually looking to seek out improvements and not just accepting the status quo

  • Experience:
  • Working experience of 12 to 15 years in a Financial Services Industry
  • Experience in Line 1b / 2nd line in Financial Services Operations
  • Experience of using Risk Management systems to Manage / Mitigate Non-Financial Risk
  • Understanding and strong interpretation of Regulations impacting the Operational Risk
  • Excellent partnership and stakeholder management skills as well as build strong relationships and work collaboratively with teams across the business
  • Experience of liaising, influencing and negotiating effectively with all internal and external parties and stakeholders

  • Educational Qualification:
  • Masters Degree level in Finance/ Mathematics/ Economics
  • FRM Certification will be an added advantage
  • CFA Qualification will be desirable
  • Relevant IOC or Investment Management qualification / Certification would be desirable.

Job Classification

Industry: Financial Services (Asset Management)
Functional Area / Department: Risk Management & Compliance
Role Category: Risk Management & Compliance - Other
Role: Risk Management & Compliance - Other
Employement Type: Full time

Contact Details:

Company: M&G Global
Location(s): Mumbai

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Keyskills:   Operational Risk Management

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M&G Global

M&G Plc is a financially strong long standing global organization holding the legacy of two major brands : M&G investments which was founded in 1931 and Prudentials UK & European insurance and savings business, which is one of the oldest businesses in this industry with roots going ...