Compliance Consultant

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.

Purpose:

M&G’s Risk and Compliance Department is looking to recruit a Compliance Consultant to join the Core Compliance team. The Core Compliance team are responsible for administering and overseeing the operations of the Personal Account Dealing, Gifts and Hospitality and Personal Conflict standards in an efficient and effective manner. 

The Fund Management industry is subject to a vast array of different rules and regulations, which are UK, European and Internationally driven. Compliance Departments play an increasingly important part in helping Fund Management Firms and their employees to successfully navigate these rules and regulations. 

This is a fantastic opportunity for a motivated and enthusiastic individual, to join a dedicated team and build up a broad understanding of the rules and regulations underpinning the activities carried out within a leading Investment Management company.

Day to day activities:

Overseeing the cases management process, ensuring:

• Daily cases generated by the StarCompliance system are investigated and closed out in a timely manner, and in line with procedures
• Breaches identified are logged in the Compliance breach register and breach closure activities are completed, such as conducting line managers briefings, liaising with HR and other relevant parties, where relevant
• Any issues or trends are escalated to Senior Management

Managing restricted dealing list, broker and transaction feeds, which includes:

• Maintaining the firm’s restricted dealing list in Star
• Undertaking daily broker reconciliation reviews, ensuring all discrepancies are closed out timely and any issues are followed up with the broker
• Assisting with new broker feeds, liaising with Procurement, Legal, external third parties and StarCompliance, from initiation to implementation stage
• Investigating and resolving issues related to the on-going maintenance of feed processes

Assisting in the routine management of the StarCompliance system, which includes:

• Day to day system administration
• Maintaining lists, documents, certifications and workflow processes
• Investigating and resolving issues related to the on-going maintenance of the processes

• Fielding and resolving business queries received into the team inboxes.
• Updating and maintaining team procedures and process documents.
• Supporting the production and delivery of management information reporting to key stakeholders, local Compliance teams (USA, Luxembourg and Asia), committees and boards, utilising a range of Microsoft applications such as Teams, PowerPoint, Excel and Power BI.
• Developing positive and collaborative relationships with stakeholders, the wider Compliance team and StarCompliance, to ensure the team’s controls and processes are effective.
• Providing monitoring, team cover and carrying out other similar duties, as need and capacity allows, as directed by the Deputy Head of Core Compliance.

Essential Knowledge & Experience:

• Experience of a similar role within a Compliance or Investment Operation function of an Asset Management firm
• Experience of working with and building workflow tools
• Experience of managing and delivering routine operational processes
• Experience of working with an automated Personal Account Dealing system (e.g. FIS Employee Compliance Manager, Comply, MyComplianceOffice, StarCompliance) - desirable
• Good knowledge of investment products, covering different asset classes and investment processes
• Good knowledge of FCA personal account dealing (COBS 11), MiFID inducement and SEC Code of Ethics rules

Job & Personal Skills:

• Takes ownership and accountability for delivery
• Commercially aligned, can do attitude and pragmatic approach to provide advice and resolve issues
• Self-starter, high levels of initiative and a strong work ethic
• Effective time management and organisation skills
• Analytical mind-set with the ability to process information quickly and present solutions
• Strong communication and interpersonal skills, including confidence in interactions with colleagues at all levels
• High level of accuracy and attention to detail
• Conscientious, team player, supportive with a collegiate approach

Desirable Qualifications:

• University degree preferable (or equivalent)
• Relevant Compliance qualification (e.g. International Compliance Association, Chartered Institute for Securities & Investment)
• Relevant investment management qualification (e.g. Investment Management Certificate, Investment Operations Certificate)

Experience Level: Experienced Colleague

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. 

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@mandg.com