GFCC Corporate Functions, Policy and Standards Advisory in Edinburgh

At M&G, 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.

This role is responsible for providing expert 2LoD Financial Crime oversight and advisory support across the Group Financial Crime Framework, with a particular focus on Corporate Functions. In addition, the role works closely with the Team Lead to help ensure compliance with applicable UK and international regulatory requirements and alignment with the M&G Policy and Governance Framework.

Acting as the senior Financial Crime adviser and key escalation point for Corporate Functions, the role provides expert advice, guidance and challenge on financial crime risks, regulatory obligations, policies, standards and control requirements. The role supports Corporate Functions in identifying, assessing and managing financial crime risks and embedding appropriate controls in line with Group Financial Crime requirements.

Working closely with stakeholders across Risk, Compliance and Corporate Functions, the role contributes to the development and enhancement of financial crime governance, risk appetite, training and regulatory obligations frameworks. The individual will work closely with the Team Lead to help coordinate delivery of key priorities, support governance activities and contribute to the effective operation of the Group Financial Crime Function.

The role acts as a senior escalation point for financial crime matters relating to Corporate Functions and serves as a subject matter expert across anti-money laundering (AML), counter-terrorist financing (CTF), anti-bribery and corruption (ABC), tax evasion facilitation (TEF), sanctions and fraud.

Key Responsibilities for this Role:

• Act as the primary Financial Crime adviser to Corporate Functions, building trusted relationships with senior stakeholders and providing advice, guidance and challenge on the interpretation and practical application of Group and UK Financial Crime requirements.
• Support Corporate Functions in identifying, assessing and managing financial crime risks, providing appropriate challenge and oversight to ensure risks are understood, mitigated and managed within appetite.
• Provide Financial Crime advisory support and challenge to Corporate Functions initiatives, projects and transformation activities, ensuring financial crime risks are identified and addressed appropriately throughout the change lifecycle.
• Provide technical advice, guidance and effective second-line challenge to Corporate Functions on financial crime risks, regulatory requirements, policies, standards and control frameworks.
• Review and challenge papers, proposals, risk assessments and governance submissions originating from Corporate Functions where there are financial crime considerations.
• Support the owners of the Group and UK Financial Crime Policy and Standards Frameworks in the maintenance, review and enhancement of financial crime policies, standards, minimum requirements, guidance and supporting documentation, ensuring alignment with regulatory expectations and the M&G Policy and Governance Framework.
• Support the identification, assessment and interpretation of UK and international financial crime regulatory developments impacting the Group.
• Review and provide advice, challenge and recommendations on requests for exemptions, waivers and dispensations relating to Financial Crime Policies, Standards and Minimum Requirements.
• Support the Team Lead in the prioritisation, coordination and delivery of Group Financial Crime Function priorities and key initiatives, providing senior technical expertise, stakeholder engagement and governance support across the team's areas of responsibility.
• Act as a trusted adviser to the Team Lead, providing technical expertise, strategic input and support in delivering the Group Financial Crime Function's objectives.
• Act as a Group subject matter expert for AML, CTF, ABC, TEF, sanctions, fraud and broader financial crime risk management matters.

Additional Responsibilities for this Role:

• Support the Team Lead in the execution of strategic, governance and oversight responsibilities across the Group Financial Crime Function, including supporting the maintenance, ongoing development and enhancement of the Financial Crime Policy Framework, Financial Crime Training Framework.