Senior Model Validation Manager

Location: City of London

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.
AMS is a global workforce solutions partner committed to creating inclusive, dynamic, and future-ready workplaces. We help organisations adapt, grow, and thrive in an ever-evolving world by building, shaping, and optimising diverse talent strategies.
We partner with M&G to support their contingent recruitment processes. Acting as an extension of their recruitment teams, we connect them with skilled interim and temporary professionals, fostering workplaces where everyone can contribute and succeed.
On behalf of M&G, AMS are looking for a  Senior Model Validation Manager  for an initial  6 month contract  based in  London/Edinburgh/Remote.
We will consider flexible working arrangements for any of our roles and also offer workplace accommodations to ensure you have what you need to effectively deliver in your role.
Purpose of the role:
The Senior Model Validation Manager is responsible for independently validating key models across M&G and ensuring compliance with Solvency UK and other regulatory requirements. The role supports effective model risk management through oversight, challenge, stakeholder engagement, and presenting validation outcomes and recommendations to senior committees.
What you'll do:
Conduct independent validation of capital, pricing, and valuation models to assess their accuracy, reliability, and compliance with regulatory and governance requirements.
Summarise validation findings, present key outcomes to senior stakeholders and committees, and agree remediation actions with model owners where required.
Work collaboratively with colleagues and key stakeholders to build out coverage of our model development risks and support any developments to the risk framework.
To work collaboratively with colleagues and take personal accountability to maintain and enhance controls you are responsible for to support improvement of the overall control environment, customers outcomes and a reduction in M&G plc's operational risk.
To support the reporting of the quarterly model change log to the PRA and results of the Solvency UK Compliance exercise to senior committees and Boards.
The skills you'll need:
Strong experience in actuarial/statistical modelling, model validation, model risk management, and governance frameworks.
Strong  2nd line independent model validation  experience (essential)
Proven ability to provide independent challenge and oversight of technical models, methodologies, and development risks.
Good understanding of risk frameworks, regulatory requirements, and compliance environments within Financial Services.
Strong analytical, investigative, and organisational skills, with the ability to identify issues and connect risks across the business.
Experience working with stakeholders, influencing outcomes, and building effective relationships across teams.
Proficient in Python, Power BI, or R, with the ability to quickly understand and explain complex technical concepts.
Professional qualification such as a Qualified Actuary or CFA preferred, along with project management and communication skills
Next steps
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.