Life Financial Crime Advisory Manager

1w1 week ago

M&G plc

London, GB · Full-time · £85,000 – £115,000

About this role

Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we combine asset management and insurance expertise. Our Asset Management and Life segments provide balanced, long-term investment and savings solutions.

Join M&G plc’s Global Financial Crime Compliance team to provide independent oversight, support, and challenge to M&G Life’s Financial Crime Risk Management Framework. This management level role executes activities to implement the group financial crime risk management framework within the UK Life business. You'll ensure robust controls amid ambitious growth and change.

Through telling it like it is, owning it now, and moving it forward together with care and integrity, we create an exceptional place to work. The role involves day-to-day financial crime responsibilities like reviewing EWRA, oversight of risk decisioning, and producing MLRO reports. Additional duties include managing issue frameworks and audit actions.

We consider flexible working arrangements for any roles and offer workplace accommodations to ensure effective delivery. Be part of an exciting journey of growth and transformation in a leading financial services organisation. If passionate about financial crime prevention, make a meaningful impact.

Requirements

Knowledge of group financial crime risk management framework implementation in UK Life business
Experience reviewing and challenging Enterprise Wide Risk Assessments (EWRA)
Familiarity with 1LoD Risk and Controls Self Assessments (RCSA)
Understanding of exemptions, waivers, and dispensations processes for financial crime standards
Proficiency in producing MLRO reports and regulatory submissions like REP-CRIM
Expertise in financial crime risk decisioning and appetite frameworks
Awareness of UK financial crime regulations and Annex I financial institutions registration

Responsibilities

Provide review and challenge of the consolidated Life EWRA and track progress against actions arising from the EWRA
Execute independent oversight over Life Client, IFA, and Other Third Party risk decisioning
Provide review and challenge of Life 1LoD Risk and Controls Self Assessment actions
Track and analyse exemptions and breaches, waivers and dispensations to Group Financial Crime Standards pertaining to Life
Produce UK Life MLRO reports and other Senior Management reporting for UK 2LoD
Support risk decisioning in Life as per M&G plc's Financial Crime Risk Appetite and Risk Decisioning Matrix as UK 2LoD
Provide advice and guidance to Life 1LoD teams on Group Financial Crime Policies and Standards and relevant UK regulations
Oversee adoption of the Group issue management framework for financial crime and the GRC tool (MetricStream)

Benefits

Flexible working arrangements for any roles
Workplace accommodations to effectively deliver in your role
Part of Global Financial Crime Compliance team journey of growth and transformation