Senior Climate Risk Analyst

Position: Senior Climate Risk Analyst - 24 Month Fixed Term Contract
Location: Greater London

## Senior Climate Risk Analyst - 24 Month Fixed Term Contract Apply locations:
London time type:
Full time posted on:
Posted Todaytime left to apply:
End Date:
August 11, 2026 (20 days left to apply) job requisition :
R19842

At M&G, our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.
Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.
Through 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 offer workplace adjustments to ensure you have the support you need to succeed in your role.
** The Role
** This role sits within M&G Investments’ Stewardship & Sustainability team reporting to the Head of Climate Investment.

The Senior Climate Risk Analyst will work closely with the Head of Climate Investment to develop and implement the firm's climate risk integration with a focus on meeting the requirements of SS5/25. They will be responsible for developing and owning key elements of M&G Investments’ Climate Risk Framework.
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* Key Responsibilities:

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* ** Climate Risk Assessment Framework**– Develop and implement M&G Investments' approach to assessing physical and transition risk exposure at individual issuer and asset level. Establish a consistent screening methodology to classify assets by climate risk exposure across listed equity and corporate bonds, with phased extension to other asset classes.
* ** Key Risk Indicator Development & Delivery** – Define, calibrate and maintain climate-related KRIs aligned to the business wide Risk Appetite Statement. Develop methodologies linking bottom-up issuer assessments to risk thresholds, limits and management-action triggers. Produce quarterly MI on risk indicators.
* ** Material Risk Assessment** – Monitor issuers that have a material impact on the climate risk profile of investment portfolios. Assess and monitor single-issuer, sectoral and geographic concentration risks arising from climate-related exposures.
* ** Scenario Analysis** – Develop and implement narrative and quantitative climate scenario analysis, including short-term scenarios and contributions to central case scenario development. Assess impacts on individual issuers, funds and multi-asset allocations. Implement and embed the firm's Principles for Climate Scenario Analysis across relevant work streams.
* ** Data Product Development & Reporting** – Support the development of data products to aggregate issuer-level climate risk assessments. Develop dashboards and reporting tools to surface climate risk metrics for internal and external stakeholders. Coordinate reporting of management information related to M&G Investments' climate risk exposure and progress on its Climate Transition Plan.
* ** Stewardship & Engagement**– Work closely with the stewardship team to engage companies on the enhancement of their climate resilience and transition plans. Extend engagement scope to physical climate risks, with priorities informed by material relationship assessments.
* ** Credit Rating Integration** – Strengthen the integration of climate risk into internal credit ratings and asset valuation methodologies.
* ** Regulatory & Client Support** – Support the firm's compliance with PRA SS5/25 and contribute to ORSA, Climate Transition Plan and UK Sustainability Reporting Standards deliverables. Contribute to client presentations, due diligence processes and thought leadership on climate risk.
** Key Knowledge, Skills & Experience
*** A minimum of seven years' experience within asset management or financial services, incorporating climate risk analysis into investment processes and frameworks.
* PhD or Master's degree in climate science, environmental science, earth sciences, atmospheric physics or a closely related quantitative…