Senior Quantitative Analyst, M&G
9 Month FTC
International savings and investments company
Be an early applicant
International savings and investments company
1001+ employees
Be an early applicant
1001+ employees
Company mission
To help people manage and grow their savings and investments, responsibly.
Role
Who you are
- Strong analytical and quantitative modelling skills
- Effective problem-solving skills
- Intellectual curiosity
- Extensive understanding of global investment markets and asset classes used in multi-asset portfolios
- Strong understanding of investment risk
- Experience in using numerical methods and libraries
- Ability to analyse, interpret and visualise analytics output
- Desirable: .NET, R, Python, Matlab, Spotfire
- Excellent attention to detail
- Highly motivated self-starter and "team player"
- Resilience and a flexible and adaptable approach
- Good communication skills
- Build good relationships internally and externally
- Client and delivery focussed
- Minimum Bachelor’s degree in numerate subject with high Maths & Computing content e.g. Comp Sci, Maths, Engineering or Physics
- CFA or qualifications in quantitative finance will be beneficial
What the job involves
- The Long Term Investment Strategy team (LTIS) determines the optimal Strategic Asset Allocation (SAA) and the strategic hedging policies for Prudential’s multi-asset portfolios
- As part of this, LTIS develops its proprietary capital markets assumptions and stochastic modelling capabilities to model the risks, returns and correlations between different asset class, asset sub-classes and macro-economic factors across different geographies over the medium to long term
- Additionally, these assumptions and modelling capabilities are used internally within the M&G Group by Finance and Product Development
- This role supports the Strategic Asset Allocation (including the production of SAA tables), Capital Markets and Economic research as well as the development of capital market tools
- In addition, the role also supports sustainability initiatives, production of Performance MI and other activities as required
- Strategic Asset Allocation - Provide advice and recommendations to Prudential on strategic asset allocation (SAA) and associated operational limits (SAA tolerance levels) for the relevant Funds including any hypothecated asset pools and new product propositions (e.g. M&G Wealth MPS and Moneyfarm, Global Income, etc)
- LTIS also recommend the Level 3 SAA (Benchmark Design)
- This shall include return benchmarks that align with the overall strategy of the Fund, taking into account risk-return considerations, liquidity, and other practical constraints
- The SAA advice is consistent with the overall fund objectives
- SAA Tables (One Version of the Truth) - Maintain the SAA Tables for all relevant funds and ensure that all agreed changes are communicated to all stakeholders, such as the underlying managers and various operations team (PPMG, M&G and Performance Measurement)
- This also involves maintaining and updating a single source of SAA Tables, to help ensure all appropriate systems receive the SAA tables, TAA tramlines, etc in a controlled manner
- Capital Markets and Economic Research - Provide M&G a regular update on the Economics and Capital Markets Research, globally and across a range of geographic regions to a list of interested readers
- These will be captured in a monthly pack and also feature into regular publications to the IO Assumptions Committee as well as provide input into the SAA exercise
- The research will include thematic pieces as well as any scenario analysis (e.g. Covid and Brexit) carried out which could be used by other parts of the business
- This includes any support required by the business to understand and embed the scenarios into BAU
- Capital Markets Modelling (Development) - use appropriate knowledge and skill to design and develop capital market tools (GeneSIS, Efficient Frontier and other analysis) for use in SAA as well as the wider business, as required to meet business objectives
- This includes the integration of capital market assumptions into the GeneSIS Real world modelling (for example EGR)
- Sustainability - Support the Firms ambitions in terms of ESG and sustainability, via a number of initiatives: new product design and support of launches, climate scenarios and stress testing and consideration of ESG factors
- Performance MI and Ad hoc Investigations - Ensure accurate and timely delivery of various MI (including performance) to key stakeholders (including various boards and committees), to assist them in decision making
- Carry out ad-hoc analysis and investigations on, for example, performance attribution, with a particular focus on performance vs peers
- Product Design & Distribution Support - to provide support to Product Proposition and Distribution teams in terms of amending existing products and collaborating on ideas for new products
- Strategically understand more about the products and distribution platform aspects of M&G and provide support as required to meet the company's strategic objectives
- This includes for example any new product initiatives such as Global Income fund
Application process
- End Date: December 7, 2024
Salary benchmarks
Our take
Established through a merger with Prudential's UK and Europe operation in 2017, M&G has emerged as a leading savings and investment company. Combining five prominent brands under one umbrella - M&G Real Estate, M&G Investments, Pru, M&G Wealth, and Infracaptial - the company boasts a robust global financial services operation.
M&G's commitment to enhancing its platform's offerings is evident through substantial investments in service and support infrastructure. Innovations such as deep back-office integration, cloud-based customer relationship management tools, and e-signature software underscore the company's dedication to providing top-notch solutions.
Catering to a diverse clientele ranging from individuals to major enterprises, M&G continues to expand its international presence. The company's strategic focus on diversifying its thematic range and leveraging advancements in AI and Big Data reflects its proactive approach to capitalizing on emerging opportunities. Through new hires and a forward-thinking mindset, M&G is poised to maintain its position as a key player in the ever-evolving landscape of savings and investment.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Company benefits
- 8% non-contributory pension plus up to 5% matching
- Life Assurance & Death in Service
- Support, feedback and development programmes to help you reach your full potential
- Flexible culture and ways of working
- Focus on health & wellbeing
- 30 days holiday as standard (excluding bank holidays), with the ability to purchase an additional 5 days
- Time off when you need it includes carer's leave, faith leave, grandparent leave and career breaks
- New parents receive up to 26 weeks of full pay while on leave
- 4-week back-to-work transition for new parents: work 80% of your contractual hours, be paid for 100%
- New parents can take family leave in flexible blocks within the first year of birth/adaoption
Company values
- Care : We act with care – treating customers, clients and colleagues with the same level of respect we would expect for ourselves. And we invest with care, making choices for the long term
- Integrity: We empower our people at M&G to do the right thing, honouring our commitments to others and acting with conviction. Our business is built on trust and we don’t take that lightly
Company HQ
City of London, London, UK
Articles
Leadership
Andrea Rossi
(CEO, not founder)Co-Founder & Director at REsustain. Former CEO of AXA, and was an FC Girondins de Bordeaux Board Member.
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