Policy & Standards Specialist

Posted 3 Days Ago
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Stirling, Stirling and Falkirk, Scotland, GBR
In-Office
Senior level
Fintech • Financial Services
The Role
Supports the financial crime first-line risk and control framework for M&G Life. Responsibilities include contributing to group financial crime standards, implementing policy changes, managing escalations and queries, coordinating with business and compliance teams, and administering policy waivers, dispensations, and exemptions. The role also provides subject matter expertise, tracks emerging risks, and communicates complex regulatory and control matters to stakeholders.
Summary Generated by Built In

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.


The Role: Policy & Standards Specialist


We are looking to recruit an experienced Financial Crime Policy & Standards Specialist into the Anti Financial Crime First Line of Defence team within M&G Life. The role is critical to ensuring M&G Life maintain a robust and sustained FC risk and control framework and will include supporting revision and implementation of standards, supporting the management and mitigation of FC risk and controls and providing subject matter expertise to the respective M&G Life businesses and associated change activity. 

Main Responsibilities:   

  • Provide regular updates to the Governance, Reporting & Oversight Team Lead on team activities, key initiatives, and emerging risks or trends.​
  • Provide input into Group-wide financial crime standards.​
  • Coordinate with the 1LoD Life FCO and business teams to ensure the effective implementation of Group Policy and Standards into financial crime operational processes.​
  • Manage 1LoD escalations and queries related to Policies and Standards and seek advice and guidance from the 2LoD Life Advisory team where required.​
  • Request, manage, track, renew, escalate and keep audit of rationale for BU Policy waivers, dispensations and exemptions.​
  • Coordinate with the 1LoD Life FCO and business teams to ensure the effective implementation of changes required in line with updates to the Group Policies or Standards.

Key Knowledge, Skills & Experience:

  • Significant experience within / understanding of operational financial crime teams.​
  • Experience in overseeing the implementation of financial crime frameworks within operational financial crime teams.​
  • Significant experience within financial crime, including Asset management sector knowledge and understanding of financial crime laws and regulations in the context of the sector.​
  • Strong communication skills and ability to work with a diverse range of stakeholders within the financial crime and business teams.​
  • Excellent written and verbal communication skills and ability to convey complex information to stakeholders at all level.

Work Level : Experienced Colleague

Recruiter: Sarah Mathers

Location: Kildean (Hybrid 2 - 3 days in the office per week)


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

  • Significant experience within or understanding of operational financial crime teams
  • Experience overseeing implementation of financial crime frameworks within operational financial crime teams
  • Significant financial crime experience, including asset management sector knowledge
  • Understanding of financial crime laws and regulations in the asset management sector
  • Strong communication skills and ability to work with diverse stakeholders
  • Excellent written and verbal communication skills, including conveying complex information

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.

  • 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.
  • 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.”
  • 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

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The Company
HQ: London
2,729 Employees

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.

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