Risk and Controls Financial Crime SME

AMS is the world’s leading provider of Talent Acquisition and Management Services. Our contingent Workforce Solutions (CWS) service partner with M&G to support contingent recruitment processes.

On behalf of M&G, AMS are looking for a Risk and Controls Financial Crime SME based in London (2 days in the office) for a 6-month contract.

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:

To provide subject matter expertise in financial crime risk and controls, supporting the design, enhancement, and maintenance of the Group-wide Enterprise-Wide Risk Assessment (EWRA) framework and associated methodologies. The role will contribute to the identification, assessment, and mitigation of financial crime risks across asset management and insurance, ensuring alignment with regulatory requirements, industry best practices, and internal control standards.

Responsibilities of the role:

Key Responsibilities for this role:

Support the design, production and maintenance of the M&G Group Enterprise-Wide Risk Assessment (“EWRA”) framework and methodology.
Support the aggregation of Business Unit EWRAs into a Group EWRA.
Support the review and challenge of the Group EWRA.
Support the development and maintenance of risk assessment methodologies, including methodologies for product, asset, new market, Clients, Distribution Partner, Investment Counterparty and other Third-Party risk assessments.
Support the maintenance of risk lists for jurisdictions (‘Jurisdiction Heatmap’), industries, approved regulators/exchanges and restricted lists (including marijuana-related business (“MRB”) list).
Record and maintain the register of key financial crime risks and Group 2LoD Financial Crime controls.
Other tasks and activities within the scope of your role or team as required from time to time.

What we require from the candidate:

Key Knowledge, Skills & Experience:

Experience within financial crime and being able to demonstrate an understanding of the financial crime risks inherent in the asset management and or insurance sectors.
Experienced in tracking and interpreting regulatory changes to update financial crime obligation registers, policies and standards effectively.
Experienced in performing gap analysis and benchmarking of current policy/standards against regulatory requirements and industry best practices.
Experienced in writing, updating, reviewing and maintaining financial crime policy/standards within asset management and or insurance sectors.
Experienced in designing and embedding risk-based approach in financial crime policy/standards.
Experienced in conducting impact assessments on changes in financial crime policy/standards at a Group, BU, Local levels.
Working knowledge of risk management principles.
Sound communication skills and ability to work with diverse range of stakeholders within and outside of the team.

Next steps

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.