Group Financial Crime Risk and Controls Consultant (Financial Crime Risk)

Location: Hybrid, 2–3 days per week in London, Edinburgh or Stirling, United Kingdom

Company

M&G is a savings, investment and insurance organisation with Asset Management and Life operating segments and more than 175 years of history.

What you will do

• Own and maintain the Group Enterprise-Wide Risk Assessment (EWRA) framework and methodology.
• Review, challenge and aggregate Business Unit EWRAs into a Group-wide view, including analysis of metrics, calibration, weighting and scoring.
• Design and maintain financial crime risk assessment methodologies covering products, clients, distribution partners, counterparties and third parties.
• Maintain risk lists and registers, including jurisdiction heatmaps, approved regulator and exchange lists, restricted lists and key financial crime risks.
• Oversee Group-wide watchlist, screening and customer-exit frameworks.
• Present complex risk information to senior stakeholders, Executive and Board-level committees, and drive consistent methodology application across jurisdictions and business units.

Requirements

• Strong financial crime risk management expertise covering AML, sanctions, anti-bribery and corruption, fraud, KYC/CDD, and enterprise-wide financial crime risk assessment methodologies.
• Strong experience developing and overseeing EWRAs, including Business Unit assessment aggregation, risk scoring methodologies, risk taxonomies, and 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 and exchange lists, restricted lists, watchlist governance, screening controls, and customer-exit frameworks.
• Excellent analytical, stakeholder management and influencing skills, including the ability to challenge senior stakeholders and present complex risk information to Executive and Board-level committees.

Culture & Benefits

• Flexible working arrangements and workplace adjustments are available.
• Pension scheme of up to 18%, including up to 13% employer contributions and 5% employee contributions.
• Share Save, Share Incentive Plan, and financial wellbeing support.
• 38 days of annual leave including bank holidays, with the option to purchase up to five additional days, plus Time Off When You Need It.
• Paid parental leave and family support covering maternity, adoption, surrogacy and paternity leave.
• Private healthcare, critical illness cover, life assurance and additional family options; inclusive culture and employee-led support networks.

Hiring process

• Applications may close at 23:59 on the day before the stated closing date.
• Reasonable adjustments can be requested during the application process.