At a Glance
- Tasks: Support financial crime risk management and ensure compliance within the UK Life business.
- Company: Join M&G, a leading international savings and investments business with over 170 years of experience.
- Benefits: Flexible working arrangements, inclusive culture, and opportunities for professional growth.
- Why this job: Make a real impact in financial crime prevention while working in a supportive environment.
- Qualifications: Experience in financial crime and knowledge of UK regulations essential.
- Other info: Diverse workforce with a commitment to inclusion and career development.
The predicted salary is between 36000 - 60000 £ per year.
6 days ago Be among the first 25 applicants
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 Life Financial Crime Advisory Consultant is an experienced role with day‑to‑day responsibility for supporting activities to enable implementation of the group financial crime risk management framework within the UK Life business.
Financial Crime Responsibilities
- Support the execution of the Life Enterprise‑Wide Risk Assessment (EWRA), including tracking actions and contributing to review and challenge activities.
- Assist in the independent oversight of Life Client, IFA, and Other Third Party risk decisioning processes.
- Support the review and challenge of Life 1LoD Risk and Controls Self Assessment actions.
- Assist in the preparation of UK Life MLRO reports and other Senior Management reporting in line with Group Financial Crime Governance and MI Framework.
- Disseminate Group financial crime training to the Life business and track completion of mandatory and role‑specific training.
- Support the preparation of REP‑CRIM and other regulatory reports for applicable Life legal entities in the UK.
- Provide day‑to‑day advice and guidance to Life 1LoD teams on Group Financial Crime Policies and Standards and relevant UK regulations.
- Assist with the application processes for the registration of Life entities as Annex I financial institutions.
Additional Responsibilities
- Support the adoption of the Group issue management framework for financial crime and the Governance, Risk, and Compliance (GRC) tool (MetricStream).
- Assist in implementing actions for UK 2LoD arising from Assurance / Audit Findings relating to UK Life businesses.
- Other tasks and activities within the scope of your role or team as required from time to time.
Skill Requirements
- Experience within financial crime and a strong understanding of the financial crime risks inherent in the insurance sector. (Essential)
- Working knowledge of UK financial crime laws and regulations, including AML, Sanctions, ABC, and fraud prevention. (Essential)
- Strong analytical and critical thinking skills, with the ability to support risk decisioning and control enhancement.
- Effective communication skills and ability to work with a diverse range of stakeholders within and outside of the team.
Experience Level: Experienced Colleague
Recruiter: Helen Simons
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.
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. Being a Disability Confident Leader means that candidates who meet the minimum criteria of a job, will be offered an interview if they \’opt in\’ to the scheme when applying.
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: careers@mandg.com
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Life Financial Crime Advisory Consultant employer: M&G plc
Contact Detail:
M&G plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Life Financial Crime Advisory Consultant
✨Tip Number 1
Network like a pro! Reach out to people in the financial crime sector, especially those at M&G. A friendly chat can open doors and give you insights that might just help you stand out.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of UK financial crime laws and regulations. Be ready to discuss how your experience aligns with the role and show off those analytical skills!
✨Tip Number 3
Don’t forget to showcase your communication skills! Practice explaining complex concepts simply, as you'll need to work with diverse stakeholders. It’s all about making those connections.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the M&G team and contributing to their mission.
We think you need these skills to ace Life Financial Crime Advisory Consultant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Life Financial Crime Advisory Consultant role. Highlight your experience in financial crime and any relevant skills that match the job description. We want to see how you can bring your unique expertise to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about financial crime advisory and how your background aligns with M&G's values. Remember, we love candidates who can tell it like it is!
Showcase Your Analytical Skills: Since this role requires strong analytical and critical thinking skills, be sure to include examples of how you've used these abilities in past roles. We’re looking for candidates who can support risk decisioning effectively!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensure it gets the attention it deserves. Don’t miss out on this opportunity!
How to prepare for a job interview at M&G plc
✨Know Your Financial Crime Stuff
Make sure you brush up on your knowledge of financial crime laws and regulations, especially those relevant to the insurance sector. Being able to discuss AML, sanctions, and fraud prevention confidently will show that you're serious about the role.
✨Show Off Your Analytical Skills
Prepare examples of how you've used your analytical and critical thinking skills in past roles. Think about specific situations where you supported risk decision-making or enhanced controls, as this will demonstrate your capability to handle the responsibilities of the position.
✨Communicate Like a Pro
Effective communication is key in this role, so practice articulating your thoughts clearly. Be ready to discuss how you've worked with diverse stakeholders in the past and how you can bring that experience to M&G.
✨Be Ready for Scenario Questions
Expect scenario-based questions that test your understanding of financial crime risk management. Prepare by thinking through potential challenges you might face in the role and how you would address them, showcasing your problem-solving abilities.