Corporate Risk Solutions Portfolio Director

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 workplace accommodations to ensure you have what you need to effectively deliver in your role.

The Role: Corporate Risk Solutions Portfolio Director

M&G Life covers over 5 million customers with more than £300 Bn invested across all of its products and wrappers, and has an ambitious growth plan for 2025 and beyond. M&G Life operations work with a number of partners including Equiniti, Diligenta, Waystone, Paragon, Willis Towers Watson, as well as M&G Global Services supporting our in-house operation.

Role Overview

As a Portfolio Director, you will lead the delivery of complex, high-value transformation portfolios (£15m–£50m) across multiple business areas. You will be accountable for driving strategic outcomes, ensuring portfolio health, and delivering measurable business value. This role requires a confident, commercially astute leader with deep experience in both technical and non-technical change, and a pragmatic approach to delivering transformation at pace.

Key Responsibilities

• Own and lead the end-to-end delivery of transformation portfolios, ensuring alignment with strategic business objectives.
• Manage direct reports including Heads of Delivery, Project Managers, and Business Analysts; oversee dedicated PMO resources in collaboration with the Head of Enterprise PMO.
• Shape and influence strategy with business sponsors, aligning resources across Technology, Finance, and other SMEs.
• Lead governance forums including Steering Committees and Senior Leadership Forums.
• Ensure portfolio health through OKRs, RAG status management, and regulatory compliance.
• Drive benefits tracking and realization in partnership with PMO.
• Champion best practices and standards in delivery, working closely with the Head of EPMO and Head of Change Excellence.
• Build and maintain strong relationships across C-suite, ExCo, and functional leadership.
• Navigate ambiguity with confidence, prioritising effectively and challenging constructively.

Candidate Profile

• Proven experience leading large-scale transformation portfolios in complex organisations.
• Strong commercial acumen with a focus on outcome and value delivery.
• Comfortable operating in ambiguous environments and driving clarity.
• Exceptional stakeholder management and influencing skills at senior levels.
• Deep understanding of both technical and non-technical change (e.g., OD design, digital transformation).
• Financial Services experience highly desirable.
• Professional qualifications such as CFA, actuarial, or accountancy are advantageous.
• A pragmatic, self-starting people leader who holds teams to high standards.

Work Level

Work Level: Integration leader

Recruiter

Recruiter: Sarah Mathers

Location

Location: London (Hybrid) Stirling or Homebased

Closing Date

Closing Date: 2 September 2025

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: careers@mandg.com