Compliance Monitoring Officer

M&G; Stirling; On-site; GBP 40,000 - 55,000; Full time

Job summary

A leading financial services firm in Stirling seeks an experienced Compliance Monitoring professional to deliver high-quality compliance activities. Responsibilities include regular testing and thematic reviews to ensure effective compliance with regulations. Applicants should possess at least 3 years of relevant experience and a degree-level education. This role encourages applications from diverse backgrounds.

Qualifications

• 3+ years in a Compliance and/or assurance role.
• Good knowledge of financial services, especially asset management.
• Experience in monitoring/surveillance within financial services.

Responsibilities

• Deliver high-quality compliance monitoring activities.
• Lead reviews required by management.
• Draft and issue formal reports to the business.

Skills

Compliance monitoring

Strong communication skills

Planning and organizational skills

Team player

Analytical thinking

Education

Degree-level education or equivalent qualifications

Job description

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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 behaviors 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 workplace accommodations to ensure you have what you need to effectively deliver in your role.

Purpose

To support the Compliance Monitoring Manager and Head of Compliance Monitoring & Assurance in delivering high-quality Compliance Monitoring activities across M&G in an efficient and targeted manner.

Key role-specific accountabilities

Responsible for the delivery of high-quality Compliance monitoring activities across the M&G business. Activities include regular testing, thematic and ad-hoc reviews to test compliance with regulation/legislation and the delivery of fair customer outcomes.

Lead reviews as/when required by the Compliance Monitoring Manager/Head of Compliance Monitoring & Assurance.

Consult with the Compliance Advisory teams and Risk teams to ensure that the selection, scope setting, and approach to delivering reviews are planned and targeted effectively.

Complete review planning, considering regulatory requirements, breaches, complaints, Operational Risk MI, and KPI information, as appropriate.

Undertake testing; record monitoring testing, findings, and agreed actions using the compliance monitoring workflow tool.

Ensure that issues identified are addressed with appropriate mitigating actions recommended to the business and tracked to completion.

Draft and issue formal reports to the business.

Liaise with Compliance Advisory Teams on emerging themes and review findings to incorporate into compliance advice.

Assist with the production of periodic reports to Boards and Committees on an ad-hoc basis.

Maintain compliance monitoring risk assessments periodically.

Develop positive and professional relationships within the Risk and Compliance Departments, Group-wide Internal Audit, senior managers, and third-party service providers.

Key knowledge, skills, and experience

3+ years in a Compliance and/or assurance role.

Good knowledge of the wider financial services sector, especially asset management competitors, products, and services.

Experience reviewing and challenging processes and controls and/or undertaking monitoring/surveillance within financial services.

Excellent written and oral communication skills.

Strong planning and organizational skills, with a proactive approach.

Self-starter with high initiative and a strong work ethic.

Supportive team player with a collegiate approach.

Understanding of the wider business, economic, regulatory, and market environment in which M&G operates.

Broad understanding of regulatory regimes applicable to asset management, especially in the UK, with general EU, US, and Asia-Pacific knowledge being advantageous.

Experience contributing to risk-based Compliance monitoring plans.

Qualifications

Degree-level education or equivalent qualifications/experience, including professional qualifications.

Experience Level: Experienced Colleague

M&G promotes diversity and inclusion through policies and employee networks supporting various communities. We encourage applications from candidates with long-term health conditions, disabilities, or neurodivergence. Candidates meeting minimum job criteria who opt into our Disability Confident scheme will be offered an interview.