Risk and Controls Analyst

Alexander Mann Solutions - Contingency; City of Edinburgh; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

M&G plc is seeking a Risk and Control Analyst to join the Global Financial Crime Compliance (GFCC) team on a hybrid basis in Edinburgh/Stirling, for a 3-month contract. You will identify, assess and monitor GFCC risks, deliver control testing and provide risk insights to support senior management decisions.

You will maintain risk documentation, support governance forums, and drive remediation of control weaknesses while collaborating with stakeholders across GFCC, Risk, Compliance and Internal

Qualifications

• Experience in risk management within regulated financial services.
• Knowledge of financial crime risk: AML, sanctions, fraud, KYC/CDD.
• Experience in risk monitoring, control testing, governance.
• Understanding of operational risk frameworks and risk assessments.
• Ability to identify control weaknesses and perform root cause analysis.
• Strong analytical skills and clear risk insights.
• Experience preparing risk reports for senior management.
• Excellent documentation of risk, control and issue records.
• Strong stakeholder management and communication.
• Organised and able to manage activities to completion.
• Experience supporting change initiatives and process improvements.
• Positive, resilient mindset with integrity.

Responsibilities

• Identify, assess, monitor and mitigate GFCC risks.
• Deliver risk, control testing and oversight per framework.
• Maintain GFCC risk profile, registers, controls and documentation.
• Provide risk insights and recommendations to senior management.
• Support risk governance forums with materials and tracking.
• Monitor and test key controls; drive continuous improvement.
• Review risk assessments, ratings, trends and rationale.
• Support remediation plans and issue tracking.
• Collaborate with GFCC, Risk, Compliance and Internal Audit.

Skills

Risk management

Financial crime risk

Risk monitoring

Governance & testing

Operational risk

Root cause analysis

Risk analytics

Risk reporting

Documentation

Stakeholder management

Change initiatives

Team collaboration

Job description

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.

AMS is a global workforce solutions partner committed to creating inclusive, dynamic, and future-ready workplaces. We help organisations adapt, grow, and thrive in an ever-evolving world by building, shaping, and optimising diverse talent strategies.

We partner with M&G to support their contingent recruitment processes. Acting as an extension of their recruitment teams, we connect them with skilled interim and temporary professionals, fostering workplaces where everyone can contribute and succeed.

On behalf of M&G, AMS are looking for a Risk and Control Analyst based in Edinburgh/Stirling (hybrid) for a 3-month contract.

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.

Job Description - The Role

The Risk & Controls Analyst supports Global Financial Crime Compliance (GFCC) in identifying, assessing, monitoring and mitigating risk.
The role helps strengthen the controls framework through testing, assurance, oversight and continuous improvement, while supporting effective governance, risk insight and reporting. It also maintains accurate risk documentation, controls, assessments and issue management to ensure risks are effectively understood and managed in line with

• Support the identification, assessment, monitoring and mitigation of GFCC risks.
• Deliver risk, control testing and oversight activities in line with M&G's Operational Risk Framework.
• Maintain and enhance the GFCC risk profile, ensuring risk registers, controls, issues, assessments and documentation are accurate and up to date.
• Provide risk insight, reporting and recommendations to support decision-making and senior management oversight.
• Support risk governance forums by preparing materials, tracking actions and delivering risk and control updates.
• Monitor, test and assess key controls, identifying weaknesses and driving continuous improvement.
• Review, challenge and analyse risk assessments, including ratings, scoring, trends and supporting rationale.
• Identify control weaknesses, conduct root cause analysis and support the development of effective remediation plans.
• Track and support issue remediation, audit findings and regulatory actions to ensure sustainable outcomes and compliance with risk standards.
• Analyse emerging risks, themes and trends, translating findings into practical recommendations.
• Provide risk assessments, control guidance and constructive challenge for business change initiatives and projects.
• Build strong relationships with stakeholders across GFCC, Risk, Compliance, Internal Audit and wider business teams.
• Maintain proactive communication with senior management on risk activities, progress and key issues.
• Support the Head of AFC/Global MLRO, GFCC Business Manager and wider GFCC team in delivering high-quality risk oversight.
• Promote a strong risk and control culture, stay informed on regulatory and industry developments, and support continuous improvement across financial crime risk management.

The skills you'll need

• Experience in risk management within regulated financial services environments.
• Knowledge of financial crime risk, including AML, sanctions, fraud, ABC and KYC/CDD and related controls.
• Experience in risk monitoring, control testing, assurance and governance activities.
• Understanding of operational risk frameworks, risk assessments and control management.
• Ability to identify control weaknesses, perform root cause analysis and support remediation.
• Strong analytical skills with the ability to identify trends and provide clear risk insights.
• Experience preparing risk reports and governance materials for senior management.
• Ability to maintain accurate risk, control and issue documentation.
• Strong stakeholder management, communication and constructive challenge skills.
• Well organised, detail-oriented and able to manage activities through to completion.
• Experience supporting change initiatives, assurance reviews and process improvements.
• Positive, resilient and continuous improvement mindset with sound judgement and integrity.
• Skilled in risk reporting, governance support and promoting a strong risk and control culture.
• Collaborative team player who builds effective relationships across the business.

Next steps

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.