Financial Crime Analyst

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

Job summary

A leading financial services firm in Bath is looking for an experienced Financial Crime Specialist. This role involves managing financial crime risks, developing compliance processes, and providing advisory support across the business. The ideal candidate will have a relevant professional qualification, experience in regulated financial services, and the ability to deliver training. This position supports flexible working arrangements and aims to foster an inclusive work environment.

Qualifications

• Experience in a similar role within a regulated financial services firm or consultancy.
• Strong knowledge of anti-financial crime processes and procedures.
• Ability to effectively produce and deliver compliance training.

Responsibilities

• Support Financial Crime oversight to identify, manage, and report risks.
• Review PEP and High Risk customer assessments.
• Conduct reviews of Transaction Monitoring Reports for suspicious activity.

Skills

Financial crime compliance

Regulatory knowledge

Training delivery

Critical thinking

Data analysis

Clear communication

Organizational skills

Microsoft Office proficiency

Education

Professional qualification in financial crime compliance

Tools

Microsoft Word

Microsoft Excel

Microsoft PowerPoint

Job description

Overview

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

The Role:

This role will support Financial Crime oversight across the business to ensure risks are identified, managed, and reported. You will be a subject matter expert in financial crime and will be responsible for reviewing, updating and creating new processes and controls to meet the business needs and risk appetite.

Key Responsibilities for this role

• Review and assess PEP, High Risk customer EDD escalated and reported to Compliance for Manager approval in an agreed format
• Manage alert clearances
• Prepare accurate reports and case files to support the investigation and reporting process
• Assess whether systems and controls’ design are fit for purpose in that their design adequately addresses financial crime related risks and an ability to opine on whether they are operating effectively
• Support the update of financial crime policies and procedures
• Conduct reviews of Transaction Monitoring Reports to identify suspicious activity.
• Act as SME and providing financial crime advisory to internal stakeholders on all financial crime areas (AML, CDD, Sanctions, Fraud, Tax Evasion) in relation to products and services, including managing the inbox and handling any financial crime and escalating to their Line Manager where appropriate
• Providing input to training materials for employees on financial crime
• Contribute to continuous improvement of methodology across risk
• Develop and prepare MI as required
• Promote a positive risk and control culture within Risk and across the business

Key Knowledge, Skills & Experience

• Professional qualification specialising in financial crime compliance e.g., ICA or equivalent would be desirable.
• Practical experience of performing a similar role within a CBI or FCA regulated financial services firm or consultancy.(Essential)
• Strong knowledge of key regulatory issues pertaining to anti-financial crime processes and procedures (Essential)
• Strong knowledge and practical experience of producing and delivering compliance training (Essential)
• Experience working in a fast paced environment and meeting deadlines
• Critical thinking and ability to analyse data, draw conclusions and make recommendations
• Clear communicator with ability to explain complicated matters in simple terms, negotiate and persuade stakeholders
• Well organised self-starter, able to prioritise quickly and adapt to tight timeframes and meet deadlines
• Able to walk through processes and procedures and detect possible control weaknesses in context of financial crime controls and processes
• Proficient with Microsoft Office including use of Word, Excel, Powerpoint
• Proactive and takes the initiative
• Results-orientated

Work Level and Recruitment

Work Level: Experienced Colleague

Recruiter: Helen Simons

Diversity, Inclusion and Equality

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.

M&G is also proud to be a Disability Confident Leader, and we welcome applications from candidates with long-term health conditions, disabilities, or neuro-divergent conditions. Being a Disability Confident Leader means that candidates who meet the minimum criteria of a job, will be offered an interview if they opt in to the scheme when applying.

Accessibility

If you need assistance or an alternative means of applying for a role due to a disability or additional need, please let us know by contacting us at: careers at mandg dot com