Optimisation Senior Specialist in Stirling

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 workplace accommodations to ensure you have what you need to effectively deliver in your role.

The Role: Optimisation Senior Specialist is an experienced role within the FC Screening & Monitoring Shared Service with the responsibility to improve the performance, efficiency and effectiveness of in-scope screening systems used by the team.

Main Responsibilities:

• Conduct ongoing analysis of in-scope screening systems, processes and available data to identify bottlenecks, inefficiencies and areas for improvement.
• Develop and propose solutions to optimise system performance, including process improvements, automation and technology upgrades.
• Manage & provide guidance in end-to-end screening process, inclusive of review of internal tool controls, test environments and its effectiveness.
• Calibrate screening systems to effectively screen for in-scope sanctions watchlists, PEPs, and their associates, considering risk levels and due diligence requirements.
• Ensure screening systems are regularly updated with the latest sanctions lists from relevant authorities.
• Collaborate with stakeholders to implement system solutions and changes, including defining system requirements and testing plans, to ensure minimal disruption and effective integration of changes.
• Proactively identify and recommend ongoing improvements to maintain and enhance system efficiency and effectiveness.
• Conduct & provide support in Independent 3rd party testing of screening tool to evidence screening tool effectiveness & fit for purpose.
• Develop working relationships with Screening tool vendor - Lexis Nexis Bridger, Data Feed provider World Compliance and Dow Jones, TCS Support Management Team, Swift Filter Testing team and others to effectively manage screening tool and its effectiveness.
• Conduct system calibration impact assessments to forecast where screening team FTE changes may be required.
• Stay abreast of industry best practices, emerging technologies, and optimisation techniques.
• Support transition of legacy books from AML rule & guidance inclusive of screening and adverse media perspective.

Key Knowledge, Skills & Experience:

• Experience with financial crime screening systems, Lexis Bridger, World Check, Factiva, and others.
• Experience with calibrating screening systems, including adjusting thresholds, refining rules, and conducting scenario testing.
• Ability to identify and analyse complex screening issues and develop creative solutions.
• Excellent partnership and stakeholder management skills as well as build strong relationships and work collaboratively with teams across the business.
• Understanding of sanctions regulations, PEP lists, and other relevant compliance requirements.
• Understanding of screening activities, including sanctions, PEP and adverse media and risk associated with screening requirements.
• Sound communication skills and ability to work with a diverse range of stakeholders within the team.
• Experience of liaising, influencing and negotiating effectively with all internal and external parties/stakeholders.
• Familiarity with industry best practices and regulatory expectations specific to the business.
• Sound organisational and coordination capability to deliver and embed change management.
• Strong interpersonal skills, with the ability to establish credibility and strong partnership with business partners and clients when required.
• Good knowledge of industry best practice, good networks/links with external bodies and individuals.
• Understanding of KYC/AML regulations and best practices.

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.
• Share Save and our Share Incentive Plan, together with access to financial wellbeing and support services.
• 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. 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 an equal opportunity employer, 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.