Compliance Advisory Manager

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

We are not your average financial services firm and our unique culture is just one aspect that makes us stand out from the crowd. We offer a supportive environment that encourages innovation and creativity whilst maintaining a healthy lifestyle balance. You will be joining one of Europe’s leading Investment Management firms where you can expect real responsibility and recognition from day one. We are large enough to offer a wide variety of career opportunities, whilst small enough to treat you as an individual and tailor training and development to your specific needs.

The M&G group has maintained presence in Luxembourg since 2002. Our business comprises a Super Management Company (M&G Luxembourg S.A., “MGL”) managing and distributing circa 147bn of AuM across a wide range of UCITS, real estate, private equity, credit and other alternative funds domiciled in Luxembourg and Ireland. MGL also acts as the global distributor of all funds under management via a network of third party distributors and European branches.

Within a dynamic team of 7 persons, the successful candidate will act as a compliance advisory business partner for investment, product, regulatory, distribution compliance and branch oversight related activities. The candidate will report to the Head of Compliance Advisory based in Luxembourg.

Key Responsibilities for this role:

• Act as a trusted advisor to first line colleagues and senior management in advising, overseeing and assisting in their responsibilities for compliance with regulatory obligations, by working collaboratively and providing robust challenge;
• Maintenance of team procedures and business guidance;
• Provide advice on investment compliance, product, regulatory and distribution related matters in liaison with UK, US and APAC regional compliance teams;
• Provision of advice to and oversight of branches including impact analysis of material changes in activities as well as preparation / oversight of any regulatory reporting;
• Provision of support and advice in relation to external and internal audits;
• Participate in regulatory change projects as a Lux Compliance representative;
• Participate in corporate and licensing projects;
• Provision of general compliance support to the Compliance team as required ;
• Provision / preparation of MI reporting to Management Company senior management committee and Fund boards and other internal governance fora as required.
• Co-ordination and/or provision of compliance training as required;
• Participation in Group, local committees and fund boards as required

Essential knowledge, Job & Personal Skills:

• Minimum of 5 years of relevant Compliance experience in the Luxembourg asset management industry (experience within an AIFM required)
• Strong working knowledge of regulatory requirements of UCITS, AIFMD, MiFID and Luxembourg/ European regulatory requirements (for example, CSSF Circular 18/698)
• Knowledge of UCITS products and alternate investment strategies (such as real estate, private equity, infrastructure, MMF)
• Excellent written and oral communication skills
• Strong analytical and organisational skills, ability to work under pressure and meet tight deadlines
• Ability to multitask, think outside the box and stay pragmatic
• Displays high standards and professionalism, excellent organizational skills and attention to detail
• Supportive team player, displaying positive attitude and collegiate/ cohesive approach to work and work life balance

Desirable Qualifications:

• University degree in Law, Economics (or equivalent qualification)
• Perfectly fluent in English (oral and written), French would be an advantage, knowledge of another language such as French, Spanish, Italian a plus

Compliance Department values:

• To provide quality outcomes in everything that we do
• To be pro-active in our approach and consistent in our delivery
• To be open, honest and act with integrity at all times in order to be a respected and trusted partner to the business
• To act with conviction; being challenging and independent in our actions
• To support each other in delivering Compliance services and in relation to the decisions we reach
• To encourage innovation and creativity in our approach.

Work Level: Manager/Expert Colleague

Recruiter Name: 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.