Reporting and Risk Governance 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 a can‑do approach, who is keen to build their experience and grow with M&G.

A successful candidate will be self‑motivated, 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 a Reporting and Risk Governance Apprentice in our Governance, Reporting and Controls Improvement team, you’ll be joining the part of M&G that helps keep our business running safely and smoothly. Our team works to spot potential risks, make sure important checks are in place, and support the Asset Management business in making good decisions.

This is a great opportunity to learn how a large financial organisation works, while building strong foundations in governance, reporting and risk management — all essential skills for your future career.

Working with experienced colleagues, you will learn:

• how risks in a business are identified and monitored

• why controls (the checks and processes a business relies on) are important

• how teams work together to keep the business operating safely and effectively

You’ll spend time with different areas of the business such as Risk, Operations, Compliance, Legal and Technology giving you a rounded understanding of how we work and how decisions are made.

You will also gain experience supporting requests from senior leaders and committees, helping you see the bigger picture of how M&G is run.

As your confidence grows, you’ll be encouraged to take on more responsibility, follow established processes, share your ideas for improvements, and develop practical skills that will support your long‑term career development.

What will you be doing? 

As a Reporting and Risk Governance Apprentice, you will be:

• Help the team gather, check and organise information that is used for risk reports and senior meetings.

• Support the preparation of packs and materials for risk committees and other internal meetings.

• Monitor key risk metrics, helping the team spot early signs of issues and raising them where needed.

• Attend regular team and project meetings, taking notes and helping with actions as part of a large, ongoing company project.

• Work with other Risk teams across the business to support the delivery of the team’s priorities for 2026.

• Learn about M&G’s Operational Risk Framework and standards, developing an understanding of how we manage risks and keep the business running safely.

What will I need to be successful in this role? 

• A genuine interest in financial markets, asset management and risk‑related work.

• Confident communication skills, both verbal and written.

• The ability to build positive working relationships with different teams.

• Good organisational skills and the ability to follow processes and coordinate tasks.

• Strong attention to detail and a focus on accuracy.

• A proactive, structured approach to your work, with good time‑management skills.

• The ability to work well in a team and independently, and to ask for help or escalate issues when needed.

• Strong analytical and problem-solving skills

• The ability to balance day‑to‑day tasks alongside your apprenticeship studies.

• A basic understanding of Microsoft Office (Word, Excel, PowerPoint and Outlook), and willingness to learn more.

• A curious, logical mindset and a strong desire to learn and develop.

Minimum Requirements 

• 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 

As a Reporting and Risk Governance Apprentice with M&G, you will undertake Compliance and Risk Officer Level 3 Apprenticeship. The 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 for 18 - 23 months upon which the business may decide to retain, 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 

£26,900 per annum plus benefits  

Our application process 

To apply for any of our apprenticeship roles you will be required to 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 receive a high level of applications.  

What we offer:

At M&G, we’re 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. 

If you need assistance or an alternative means of applying for a role due to a disability or additional need, please let us know by contacting us at: [email protected]