M&G Compliance Graduate Scheme

Who are M&G?

M&G is one of Europe’s leading asset management firms. We are responsible for investing over £190 billion1 worth of assets on behalf of retail and institutional clients based in the UK, Europe and Asia. Our expertise is built on more than 75 years of investment experience, dating back to the launch of the UK’s first unit trust in 1931.

As part of the Prudential Group, M&G is an autonomous business investing in a wide range of asset classes including equities, fixed income and property throughout the world. We are also experts in a number of specialist investment areas including hybrid securities, leveraged finance, structured credit products and infrastructure finance.

In recent years M&G has enjoyed a remarkable period of growth and now ranks second in the UK in terms of retail funds under management2.

Why M&G?

A career with M&G can offer you a constant stream of fresh challenges, so you’ll always be stretching yourself and learning new skills. What’s more, you will be part of a culture that rewards high performance with financial incentives and increased opportunities.

We’re flexible enough to accommodate the most ambitious of career aspirations, offering training that’s tailored to your personal needs with maximum exposure to a breadth of business areas.

Who are M&G Compliance and what do we do?

There has never been a better time to work in Compliance at M&G.

The events of 2008 onwards have changed our industry beyond all recognition and all firms are having to rethink their business models to ensure they meet the challenges of the future. The Compliance team at M&G are playing their part in this changing environment and you could be a part of shaping the future of our business.

Compliance helps the business to understand financial service rules and regulations and seeks to prepare the business for changes being driven by our regulators. In essence Compliance helps the business to do what it wants within the letter and spirit of the law.

In order to perform this pivotal activity for the firm it requires that the people within Compliance have a broad understanding and exposure to the firm’s core functions.

What the Scheme involves.

Over an 18 month period you will rotate between the three teams within Compliance.

You will spend time with the two advisory teams in Fixed Income and Equities. They act as relationship managers between the business and M&G Investment Management Compliance team. They provide regulatory advice on new activities, products and changing regulations.

1 As at 30th September 2010

2 Source: Investment Management Association

Surveillance and Risk Assessment is the third team within the Compliance function with whom you will work. They carry out inspection visits to business units and day to day monitoring. This work provides assurance that the business is compliant with the law on an ongoing basis.

The Role:

As a Graduate within the M&G Compliance team you will develop strong knowledge of the financial services business and the regulatory environment in which we operate through providing support on day to day monitoring and inspection visits.

Additionally you will work with the Compliance Managers to build relationships within the business and support the delivery of a high quality Advisory Service.

Key activities:

Interaction with the business in connection with all forms of monitoring work point of contact for compliance queries across the firm.

Assist in communicating compliance information across the business, including training

Develop knowledge and undertake research into compliance law and regulations

Support senior members of the compliance team

This scheme sits alongside M&G’s Investment, Business Management and other technical Graduate Schemes to ensure that all of our graduates gain the broadest possible experience in their early years with the company.

What is different about a graduate scheme at M&G?

From day one you'll be treated as a key member, taking an active and productive role. Whilst we take on only a small number of Graduates, we are keen to establish them into our teams as key resources. You will be aligned to and sponsored by a senior manager from one of the scheme departments. This will ensure you have not only a good foundation, but specific knowledge to advance your career. In addition, we will also provide you with a mentor, typically a senior person within M&G but from outside your department as they will give you a different perspective. All new Graduates also have a buddy, typically somebody who has recently been through our Scheme.

We will provide a comprehensive scheme that will progress and develop you in your career. In addition, we offer a competitive remuneration and benefits package, as well as technical and Industry training, for example the Investment Management Certificate (IMC) and Investment Administration Qualification (IAQ).

Over the course of the 18 month scheme we will provide you with the opportunity to explore the way the M&G business is run, interact with people in all departments and at all levels, allowing you to develop a wide range of skills and competencies within your chosen area.

How to Apply

To join us you will need to have strong academics, minimum 320 UCAS points or equivalent (best three grades only) and possess a 2.1 degree or equivalent such as ‘mention bien’. (If you do not have a degree, the relevant work experience will be acceptable).

Successful candidates will possess strong communication skills and the ability to think creatively and analytically. We are looking for drive, determination and an enthusiasm that will make a positive impact on our business..

M&G is an equal opportunities employer and welcomes applications from all candidates regardless of sex, race, age, disability, religion or belief.

Due to the large number of applications typically received, early applications will be given priority.

How to Apply

Please visit our applications website:

https://www.amris.com/wizards/mandggrad/vacancySearch.php?1293025921

For more information on M&G please visit

https://www.mandg.co.uk

For entry in September 2011, the deadline for applications is 21st January 2011.

For any queries, please contact charlotte.fraser@mandg.co.uk

Successful candidates will possess strong communication skills and the ability to think creatively and analytically. We are looking for drive, determination and an enthusiasm that will make a positive impact on our business.

M&G is an equal opportunities employer and welcomes applications from all candidates from a diverse background.

Due to the large number of applications typically received, early applications will be given priority.