Job at a glance
This is a highly visible and influential opportunity for an experienced financial crime professional to lead the Group's Enterprise-Wide Risk Assessment framework and help shape the future direction of M&G's Financial Crime Risk and Controls Framework. Sitting within the Global Financial Crime Compliance PRAGMA team (Policy, Reporting, Analytics, Governance, Methodologies and Awareness), the role is responsible for leading the Group's Enterprise-Wide Risk Assessment (EWRA) framework and providing second-line oversight of the broader Financial Crime Risk and Controls Framework The successful candidate will provide thought leadership, challenge and oversight across financial crime risk management, ensuring methodologies, governance, data, reporting and controls oversight activities remain effective, proportionate and aligned to the Group's evolving risk profile, business strategy and regulatory expectations.
The role maintains a holistic view of the Group's financial crime exposure, driving the identification, assessment, monitoring and mitigation of financial crime risks across business units, legal entities and jurisdictions. It also plays a key role in strengthening the maturity and effectiveness of the Group's financial crime controls framework through oversight, challenge, assurance and continuous improvement activities.
The position offers broad exposure across Anti-Money Laundering (AML), Counter Terrorist Financing (CTF), Counter Proliferation Financing (CPF), sanctions, anti-bribery and corruption (ABC), tax evasion facilitation and fraud, together with regular interaction with senior management and governance forums., Own and continuously enhance the Group Enterprise-Wide Risk Assessment (EWRA) framework, methodology, governance arrangements and supporting reporting capabilities.
Lead the end-to-end annual EWRA programme, coordinating stakeholders, governance, delivery milestones, executive reporting and continuous improvement activities. Review and challenge Business Unit risk assessments and develop a consolidated Group-wide view of financial crime risk. Maintain and enhance financial crime risk methodologies, taxonomies, indicators, scoring approaches and assessment criteria to support consistent and risk-based decision making.
Monitor emerging risks, regulatory developments and industry trends, ensuring they are appropriately reflected in risk assessment activities. Own and enhance the management information, data, analytics, systems, and reporting capabilities that support effective financial crime risk assessment and decision-making. Controls Oversight & Framework Enhancement Lead second-line oversight of the Group's financial crime control environment, assessing control effectiveness, thematic trends and risk mitigation activities.
Oversee key financial crime risk and control inventories, ensuring material issues, control weaknesses and remediation activities are appropriately identified, governed and escalated. Provide independent challenge and oversight of key financial crime control frameworks and methodologies, including name screening, securities screening, watchlisting, client exits and associated governance arrangements.
Maintain oversight of Group financial crime risk intelligence and supporting risk tools, including jurisdiction heatmaps, approved regulator and exchange lists, restricted business activity lists and other risk indicators used to support risk-based decision making. Lead or oversee thematic reviews, assurance activities and deep-dive assessments across areas of heightened financial crime risk. Drive the continuous enhancement of the Group Financial Crime Risk and Controls Framework, ensuring alignment with business strategy, regulatory expectations and industry best practice.
Stakeholder Engagement & Leadership Provide expert guidance and constructive challenge on financial crime risk management and control effectiveness. Build strong relationships across Risk, Compliance, Legal, Internal