Financial Crime Analyst

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.

The Role:

This role will support Financial Crime oversight across the business to ensure risks are identified, managed, and reported. You will be a subject matter expert in financial crime and will be responsible for reviewing, updating and creating new processes and controls to meet the business needs and risk appetite.

Key Responsibilities for this role:

• Review and assess PEP, High Risk customer EDD escalated and reported to Compliance for Manager approval in an agreed format
• Manage alert clearances
• Prepare accurate reports and case files to support the investigation and reporting process
• Assess whether systems and controls’ design are fit for purpose in that their design adequately addresses financial crime related risks and an ability to opine on whether they are operating effectively
• Support the update of financial crime policies and procedures
• Conduct reviews of Transaction Monitoring Reports to identify suspicious activity.
• Act as SME and providing financial crime advisory to internal stakeholders on all financial crime areas (AML, CDD, Sanctions, Fraud, Tax Evasion) in relation to products and services, including managing the inbox and handling any financial crime and escalating to their Line Manager where appropriate
• Providing input to training materials for employees on financial crime
• Contribute to continuous improvement of methodology across risk
• Develop and prepare MI as required
• Promote a positive risk and control culture within Risk and across the business

Key Knowledge, Skills & Experience:

• Professional qualification specialising in financial crime compliance e.g., ICA or equivalent would be desirable.
• Practical experience of performing a similar role within a CBI or FCA regulated financial services firm or consultancy. (Essential)
• Strong knowledge of key regulatory issues pertaining to anti-financial crime processes and procedures (Essential)
• Strong knowledge and practical experience of producing and delivering compliance training (Essential)
• Experience working in a fast paced environment and meeting deadlines
• Critical thinking and ability to analyse data, draw conclusions and make recommendations
• Clear communicator with ability to explain complicated matters in simple terms, negotiate and persuade stakeholders
• Well organised self-starter, able to prioritise quickly and adapt to tight timeframes and meet deadlines
• Able to walk through processes and procedures and detect possible control weaknesses in context of financial crime controls and processes
• Proficient with Microsoft Office including use of Word, Excel, Powerpoint
• Proactive and takes the initiative
• Results-orientated

Work Level:                   Experienced Colleague

Recruiter: Helen Simons

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]