Financial Crime Monitoring and Assurance Consultant

M&G; City of Edinburgh; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading investment firm in Scotland is seeking a Financial Crime Monitoring and Assurance Consultant to oversee financial crime assurance across various functions. The ideal candidate will have strong analytical skills, experience in financial crime, and excellent communication abilities. Responsibilities include maintaining assurance frameworks, executing financial crime controls, and preparing management reports. The firm offers flexible working, a robust pension scheme, and diverse benefits, creating an inclusive workplace for exceptional talent.

Benefits

Pension scheme with 18% contributions

38 days annual leave

Private healthcare

Qualifications

• Demonstrated understanding of financial crime risks in asset management.
• Experience with thematic reviews and improvements in financial crime controls.
• Ability to prepare reports for senior management.

Responsibilities

• Maintain the Financial Crime Assurance Framework.
• Execute assurance activities over financial crime functions.
• Conduct quality control checks over Group Financial Crime Function.

Skills

Financial crime experience

Analytical skills

Communication skills

Report writing skills

Data analysis skills

Job description

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 also offer work place accommodations to ensure you have what you need to effectively deliver in your role.

Financial Crime Monitoring and Assurance Consultant

is an experienced role with day-to-day responsibility for executing financial crime assurance over internal and external 2LoD functions and Business Unit 1LoD financial crime functions in the UK and globally, where delegated.

Financial crime responsibilities:

• Support the maintenance of the Financial Crime Assurance Framework in line with Risk Management Framework and Assurance Standard.
• Execute financial crime assurance activities over internal and external 2LoD functions and Business Unit 1LoD financial crime functions in the UK and globally, where delegated, in accordance with the annual plan.
• Support execution of independent financial crime controls testing activities over the Group 2LoD Financial Crime controls as part of the risk and controls-self assessment for Group 2LoD Financial Crime.
• Support the execution of Quality Control checks over Group Financial Crime Function and UK 2LoD.
• Support the execution of the assurance plan for 2LoD financial assurance over 1LoD.

Additional responsibilities:

• Other tasks and activities within the scope of your role or team as required from time to time.

Essential skill requirements:

• Experience within financial crime and being able to demonstrate deep understanding of the financial crime risks inherent in the asset management and orinsurance sectors.
• Experienced in executing ongoing thematic reviews on financial crime controls and processes and in identifying improvement needs.
• Experienced in preparing reports on monitoring outcomes for senior management including MLRO, governance committees and leadership team.
• Strong analytical, critical thinking, and problem-solving skills and demonstrates the ability to assess complex processes, identify control weaknesses, and provide recommendations for improvement.
• Good communications and report writing skills, with the ability to effectively communication findings to the Financial Crime Monitoring and Assurance Manager and Financial Crime Monitoring and Assurance Lead.
• Familiarity with handling and analyzing large data sets would be a plus, but is not essential.

Experience Level: Experienced Colleague

Recruiter: Helen Simons

What we offer:

• As a savings and Investments firm we are proud to offer a valuable pension scheme of 18% , with 13% made up of Employer Contributions and 5% Employee Contributions . We also offer Share Save and our Share Incentive Plan , together with access to 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 5 extra days and additional flexibility through our Time Off When You Need It policy – to balance your work and personal commitments.
• Our market leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave - as supporting families is a core aspect of our inclusive culture.
• Health & Protection cover including Private Healthcare , Critical Illness cover and Life Assurance for you, with family options - for peace of mind.

To explore more about life at M&G and our full benefits offering, visit Life at M&G

We have a diverse workforce and an inclusive culture at M&G, 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.

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: [e-mail]