Risk Management Senior Specialist

M&G; Stirling; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading financial services firm is seeking a Risk Management Senior Specialist to manage risk appetite and assessments within its Life business. This role requires significant experience in financial crime risks and the ability to effectively communicate and coordinate with various stakeholders. The position offers a competitive benefits package, including a robust pension scheme and generous annual leave.

Benefits

Pension scheme of 18%

38 days annual leave

Private Healthcare cover

Paid parental leave

Qualifications

• Significant experience within risk appetite and assessment definition.
• Ability to demonstrate deep subject matter expertise in financial crime risks.
• Significant experience of conducting financial crime risk assessments.

Responsibilities

• Manage definition and implementation of the Business Unit Risk Appetite.
• Execute and document the Business Unit Enterprise-Wide Risk Assessment.
• Define and monitor Key Risk Indicators and Key Performance Indicators.

Skills

Risk appetite definition and execution

Financial crime expertise

Communication skills

Organizational 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.

The Role:

Risk Management Senior Specialist is an experienced role supporting the Risk Management Team Lead with responsibility to with responsibility to manage the definition and implementation of the Business Unit Risk Appetite (“BU RA”) and execution of the Business Unit Enterprise-Wide Risk Assessment (“BU EWRA”) across the Life business.

Main Responsibilities:

• Define the Business Unit Risk Appetite (“BU RA”) in line with the Group Financial Crime Risk Appetite Framework.
• Execute and document the BU EWRA in line with the Group Enterprise-Wide Risk Assessment Framework and Methodology and communicate outputs across the business.
• Support the development of plans to mitigate financial crime risks identified in the BU EWRA and track implementation of mitigating actions.
• Maintain key financial crime risks and Life 1LoD financial crime controls library.
• Define and monitor Key Risk Indicators (“KRIs”) and Key Performance Indicators (KPIs) to track performance against the BU RA, providing regular reporting to senior management.
• Where required, review and approve Transaction Monitoring (“TM”) and Fraud typologies and threat-based scenarios.
• Provide financial crime input into the Business Unit Risk & Control Self-Assessment (“BU RCSA”).

Key Knowledge, Skills & Experience:

• Significant experience within risk appetite and assessment definition and execution.
• Significant experience within FC.
• Ability to demonstrate a deep subject matter expertise of the financial crime risks inherent in the Asset Management sector.
• Significant experience of conducting FC risk assessments.
• Significant experience and understanding of FC risk management controls and process application.
• Understanding of the definition and application of Transaction Monitoring controls and typologies.
• Strong communication skills and ability to work with a diverse range of stakeholders within the financial crime and business teams.
• Strong organisational and coordination skills.

Work Level: Manager or Expert

Recruiter: Hollie Doran

Location: Kildean

Closing Date: 14th May 2025

What we offer:

At M&G, we’re committed to helping you thrive and supporting your wellbeing, both at work and beyond. Our benefits are designed to help you balance your professional and personal life, while planning confidently for your future. Our UK benefits include:

• 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.

Ifyou need assistanceor an alternative means of applying for a role due to a disability or additional need,pleaselet usknow by contacting us at: [e-mail]