Financial Crime SME

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Sector: Banking and Financial Services
Contract Type: Permanent
Hours: Full Time

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:

The Financial Crime SME will support the First Line Financial Crime Operations team in all activities related to financial crime and AML within the asset management business.

You will work closely with our Private Markets business teams and collaborate with our third-party KYC provider, providing subject matter expertise. The role requires strong communication skills to build relationships and engage with stakeholders at all levels.

The successful candidate will need the ability to translate regulations into workable processes, streamlining and expediting AML/onboarding, giving the edge to our business teams to compete within the marketplace. You will report directly to the Head of Financial Crime - Asset Management and be part of the Operations Business area.

Key Responsibilities:

• Become the go-to expert for all financial crime matters and the champion of financial crime at all levels of the Public & Private Asset business, offering support, risk-based advice, and counsel to stakeholders while mitigating any financial crime risk.
• Undertake quality and proactive engagement with the Business at all levels. Proactively develop and maintain relationships, fostering a collaborative approach embedding a financial crime 'mindset' within the business teams.
• Support the third-party KYC provider with financial crime-related matters, ensuring they are conducted according to the M&G standards, policies, procedures, systems, and controls.
• Lead the streamlining of existing financial crime processes and any applicable local training material within the first-line financial crime operations.
• Collaborate with business, 2LoD, CITO, and external colleagues within the Business to own and drive activity forward in line with business objectives and regulatory requirements, providing constructive challenge to ensure quality of deliverables.
• Support design and delivery activities in one or more of the following Change Initiatives as an Asset Management representative: risk appetite statements, FC policies and standards, risk assessment methodologies, FC MI framework and reporting, FC governance model, target state onboarding processes, screening calibration, third-party oversight, and monitoring or 1LOD organisation.
• Support and drive the designing of high-quality deliverables across Change Initiatives, providing creative, tailored solutions to challenging scenarios and business/subject matter input into deliverables.
• Identify and manage risks, assumptions, issues, and dependencies including working with impacted stakeholders to resolve these and escalate as appropriate.

Key Knowledge, Skills & Experience:

• Extensive experience in Asset Management business (preferable Private Markets expertise but not mandatory) and Financial Crime, including client onboarding.
• Strong communication skills to work effectively with a third-party supplier and senior business stakeholders.
• Ability to think outside the box and update existing Financial Crime processes and procedures.
• Experience at a consultant level, demonstrating the ability to work independently and take ownership of tasks.
• In-depth knowledge of financial crime regulations in various jurisdictions, including APAC, EEA, and the Americas.
• Proven track record in building partnerships and business relationships with various teams.
• Ability to provide subject matter expertise and support to KYC partners and the Business.
• Familiarity with streamlining processes, developing policies, and maintaining effective tools and user guides.
• Understanding of AML and onboarding processes within the Asset Management industry.

Recruiter: Hannah Curtis

Work Level: Experienced Colleague

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, physical, mental health, or neuro-divergent conditions. We participate in the Disability Confident 'Offer an Interview' scheme, which means that candidates with disabilities or long-term health conditions who meet the minimum criteria of a job will be offered an interview if they 'opt-in' to the scheme when applying. These candidates are also supported to ensure they have the best opportunity to demonstrate that they can do the job.

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

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