At a Glance
- Tasks: Join our Core Compliance team to oversee compliance operations in investment management.
- Company: M&G, a leading investment management firm with over 175 years of innovation.
- Benefits: Enjoy 38 days annual leave, a generous pension scheme, and private healthcare.
- Other info: Flexible working arrangements and a commitment to diversity and inclusion.
- Why this job: Make a real impact in compliance while developing your skills in a supportive environment.
- Qualifications: Experience in compliance or investment operations is essential; relevant qualifications are a plus.
The predicted salary is between 50000 - 70000 € per year.
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.
M&G’s Risk and Compliance Department is looking to recruit a Compliance Consultant to join the Core Compliance team. The Core Compliance team are responsible for administering and overseeing the operations of the Personal Account Dealing, Gifts and Hospitality and Personal Conflict standards in an efficient and effective manner. The Fund Management industry is subject to a vast array of different rules and regulations, which are UK, European and Internationally driven. Compliance Departments play an increasingly important part in helping Fund Management Firms and their employees to successfully navigate these rules and regulations. This is a fantastic opportunity for a motivated and enthusiastic individual, to join a dedicated team and build up a broad understanding of the rules and regulations underpinning the activities carried out within a leading Investment Management company.
Day to day activities:
- Overseeing the cases management process, ensuring:
- Daily cases generated by the StarCompliance system are investigated and closed out in a timely manner, and in line with procedures
- Breaches identified are logged in the Compliance breach register and breach closure activities are completed, such as conducting line managers briefings, liaising with HR and other relevant parties, where relevant
- Any issues or trends are escalated to Senior Management
- Managing restricted dealing list, broker and transaction feeds, which includes:
- Maintaining the firm’s restricted dealing list in Star
- Undertaking daily broker reconciliation reviews, ensuring all discrepancies are closed out timely and any issues are followed up with the broker
- Assisting with new broker feeds, liaising with Procurement, Legal, external third parties and StarCompliance, from initiation to implementation stage
- Investigating and resolving issues related to the on-going maintenance of feed processes
- Assisting in the routine management of the StarCompliance system, which includes:
- Day to day system administration
- Maintaining lists, documents, certifications and workflow processes
- Investigating and resolving issues related to the on-going maintenance of the processes
- Fielding and resolving business queries received into the team inboxes.
- Updating and maintaining team procedures and process documents.
- Supporting the production and delivery of management information reporting to key stakeholders, local Compliance teams (USA, Luxembourg and Asia), committees and boards, utilising a range of Microsoft applications such as Teams, PowerPoint, Excel and Power BI.
- Developing positive and collaborative relationships with stakeholders, the wider Compliance team and StarCompliance, to ensure the team’s controls and processes are effective.
- Providing monitoring, team cover and carrying out other similar duties, as need and capacity allows, as directed by the Deputy Head of Core Compliance.
Essential Knowledge & Experience:
- Experience of a similar role within a Compliance or Investment Operation function of an Asset Management firm
- Experience of working with and building workflow tools
- Experience of managing and delivering routine operational processes
- Experience of working with an automated Personal Account Dealing system (e.g. FIS Employee Compliance Manager, Comply, MyComplianceOffice, StarCompliance) - desirable
- Good knowledge of investment products, covering different asset classes and investment processes
- Good knowledge of FCA personal account dealing (COBS 11), MiFID inducement and SEC Code of Ethics rules
Job & Personal Skills:
- Takes ownership and accountability for delivery
- Commercially aligned, can do attitude and pragmatic approach to provide advice and resolve issues
- Self-starter, high levels of initiative and a strong work ethic
- Effective time management and organisation skills
- Analytical mind-set with the ability to process information quickly and present solutions
- Strong communication and interpersonal skills, including confidence in interactions with colleagues at all levels
- High level of accuracy and attention to detail
- Conscientious, team player, supportive with a collegiate approach
Desirable Qualifications:
- University degree preferable (or equivalent)
- Relevant Compliance qualification (e.g. International Compliance Association, Chartered Institute for Securities & Investment)
- Relevant investment management qualification (e.g. Investment Management Certificate, Investment Operations Certificate)
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:
- A valuable pension scheme of 18%, with 13% made up of Employer Contributions and 5% Employee Contributions.
- 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.
- Comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave.
- Health & Protection cover including Private Healthcare, Critical Illness cover and Life Assurance for you, with family options.
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. 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.
Compliance Consultant - (Investment / Asset Management) in Stirling employer: M&G FA Limited
M&G is an exceptional employer that prioritises employee wellbeing and professional growth, offering a generous benefits package including an 18% pension scheme, 38 days of annual leave, and comprehensive family support policies. Our inclusive work culture fosters collaboration and innovation, making it an ideal environment for Compliance Consultants to thrive while navigating the complexities of the investment management industry.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Consultant - (Investment / Asset Management) in Stirling
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you stand out and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your interview skills with a friend or mentor. Get comfortable answering common questions and discussing your experience. The more you practice, the more confident you'll feel when it’s time to shine!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Compliance Consultant - (Investment / Asset Management) in Stirling
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Compliance Consultant role. Highlight your relevant experience in compliance and asset management, and show us how your skills align with our needs.
Showcase Your Knowledge:Demonstrate your understanding of the rules and regulations in the investment sector. Mention any specific compliance frameworks or systems you've worked with, like StarCompliance, to catch our eye!
Be Clear and Concise:When writing your application, keep it straightforward and to the point. Use bullet points where possible to make it easy for us to read through your qualifications and experiences.
Apply Through Our Website:We encourage you to submit your application directly through our website. It’s the best way for us to receive your details and ensures you’re considered for the role without any hiccups!
How to prepare for a job interview at M&G FA Limited
✨Know Your Compliance Stuff
Make sure you brush up on the key regulations and compliance standards relevant to the investment and asset management sector. Familiarise yourself with FCA personal account dealing rules and MiFID inducement regulations, as these will likely come up during your interview.
✨Showcase Your Analytical Skills
Prepare to discuss how you've used your analytical mindset in previous roles. Think of specific examples where you've processed complex information quickly and presented effective solutions. This will demonstrate your ability to handle the demands of the Compliance Consultant role.
✨Demonstrate Team Spirit
Since collaboration is key in compliance, be ready to share experiences where you've built positive relationships with colleagues or stakeholders. Highlight your team player attitude and how you’ve supported others in achieving common goals.
✨Be Ready for Scenario Questions
Expect scenario-based questions that test your problem-solving skills in compliance situations. Prepare by thinking through potential breaches or conflicts you might encounter and how you would address them, showcasing your proactive approach and attention to detail.
