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.
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 offer workplace adjustments to ensure you have the support you need to succeed in your role.
- Owning and maintaining the Group Enterprise-Wide Risk Assessment (EWRA) framework and methodology.
- Enhancing review, challenge and aggregation of Business Unit EWRAs into a Group view, including critical analysis of data metrics, calibration, weighting and scoring.
- Designing and maintaining financial crime risk assessment methodologies covering products, clients, distribution partners, counterparties and third parties.
- Maintaining risk lists and registers, including jurisdiction heatmaps, approved regulators/exchanges, restricted lists and key financial crime risks.
- Overseeing Group-wide watchlist, screening and exits frameworks.
- Strong financial crime risk management expertise, including AML, sanctions, anti-bribery and corruption, fraud, KYC/CDD, and the design and governance of enterprise-wide financial crime risk assessment methodologies.
- Strong experience developing and overseeing Enterprise-Wide Risk Assessments (EWRAs), including aggregation of Business Unit assessments, risk scoring methodologies, risk taxonomies, and the production of Group-level risk insights and reporting.
- Proven ability to maintain and enhance financial crime risk frameworks and governance tools, including risk registers, jurisdiction risk assessments and heatmaps, approved regulator/exchange lists, restricted lists, watchlist governance, screening controls, and customer exit frameworks.
- Excellent analytical, stakeholder management and influencing skills, with the ability to challenge senior stakeholders, present complex risk information to Executive and Board-level committees, and ensure consistent application of risk methodologies across multiple jurisdictions and business units.
Please note, roles will close at 23:59 on the day before the stated closing date
Location: Edinburgh or Stirling (Hybrid 2 - 3 days per week)
Job Level: Experienced Colleague
Reporting to: Group Financial Crime Functions Lead
Recruiter: Helen Simons
What we offer:
We’re dedicated to supporting your wellbeing and helping you thrive, both at work and beyond. Our benefits are designed to help you balance your professional and personal life, and financially plan for the future. Our UK benefits include:
- A valuable pension scheme of up to 18% (13% made up of employer contributions and 5% employee contributions).
- Access to our Share Save and Share Incentive Plan, alongside financial wellbeing and support services to help give you real confidence to put your money to work.
- Enjoy 38 days annual leave (including bank holidays), with the opportunity to purchase up to five extra days. Our Time Off When You Need It policy gives you the flexibility - to balance work and personal commitments.
- Our market-leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave - because supporting families is an important part of our inclusive culture.
- Health & Protection cover includes Private Healthcare, Critical Illness cover and Life Assurance for you, with additional family options - for peace of mind.
To explore more about life at M&G and our full benefits offering, visit Life at M&G
At M&G we strive to have a diverse workforce and an inclusive culture, underpinned by our policies and employee-led networks that offer networking, support and development opportunities for the diverse communities our colleagues represent. We welcome applications from people of all backgrounds – across gender, ethnicity, age, disability, sexual orientation and more – including neurodivergent individuals, career returners and those with military service experience.
M&G is proud to be Level 3: Disability Confident Leader under the UK Government Disability Confident employer scheme, and we welcome applications from candidates with disabilities and long-term health conditions. If you would like to participate in the initiative, you will have the opportunity to indicate this on your application.
We are committed to providing an inclusive recruitment process. All candidates have the opportunity to request reasonable adjustments when applying. If you need any additional support at any stage, please contact us at: [email protected]
Skills Required
- Strong financial crime risk management expertise (AML, sanctions, anti-bribery & corruption, fraud, KYC/CDD)
- Experience designing and governing enterprise-wide financial crime risk assessment methodologies and EWRA processes
- Proven ability to maintain and enhance risk frameworks and governance tools (risk registers, heatmaps, watchlists, screening controls, exit frameworks)
- Excellent analytical skills and stakeholder management, with experience presenting to Executive and Board-level committees
- Experience working across multiple jurisdictions and business units to ensure consistent application of risk methodologies
M&G Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about M&G and has not been reviewed or approved by M&G.
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Retirement Support — Pension support in the UK is presented as notably generous versus typical market norms and is positioned as a core part of total reward. Formal materials also highlight share plans and financial‑wellbeing tools alongside pension value.
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Leave & Time Off Breadth — Annual leave in the UK is described as substantially above statutory norms with the option to purchase additional days. Additional flexibility is referenced through policies such as “Time Off When You Need It.”
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Parental & Family Support — Parental policies (e.g., “Inspiring Families”) are characterized as extensive, including long fully paid leave and phased return‑to‑work support. External recognition is cited as reinforcing family support as a distinctive element of the package.
M&G Insights
What We Do
M&G plc is a leading international savings and investments business, managing money for around 4.6 million individual clients and more than 900 institutional clients in 38 offices worldwide. As at 31 December 2023, we had £343.5 billion of assets under management and administration. Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, M&G plc has a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions. Our three distinct operating segments, Asset Management, Life and Wealth, work together to provide access to balanced, long-term investment and savings solutions.
