FC Third-Party Oversight Specialist

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 also offer work place accommodations to ensure you have what you need to effectively deliver in your role.

FC Third-Party Oversight Senior Specialist is an experienced role, supporting the TPA FC Oversight Lead, with the responsibility for overseeing all Asset Management/TAs conducting financial crime activities on behalf of the business, and ensuring these activities remain in line with financial crime expectations set in the Group 2LoD Third Party Risk Management Framework.

Main Responsibilities:   

• Support the TPA FC Oversight Lead/Senior Specialist with:
• Overseeing outsourced Financial Crime controls, including those performed by TPAs/TAs for all AM business units and products.
• Developing and maintaining governance frameworks, including Terms of Reference of TPA Financial Crime forums and coordinating supplier governance meetings.
• Overseeing third-party FC policies, procedures, and controls align with M&G’s Financial Crime standards and regulatory expectations.
• Maintaining robust of TPA performance records, identifying trends and escalation areas.
• Reviewing and challenging KPIs/MI from TPAs, ensuring data integrity and actionable insights.
• Conducting thematic reviews on TPA activities (e.g., due diligence, screening).
• Escalating non-compliance or performance concerns to the Monitoring & Control Team Lead.
• Liaising with internal/external TPAs to embed a strong compliance culture.
• Contributing to enhancement of oversight frameworks and risk mitigation strategies.

Key Knowledge, Skills & Experience

• Proven experience in financial crime compliance within a regulated financial services environment.
• Experience in financial crime assurance activities, including process and control testing.
• Understanding of outsourcing arrangements and third-party risk management.
• Excellent communication and stakeholder management skills.
• Analytical mindset with the ability to interpret MI and identify emerging risks.

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, 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. 

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]