Head of Financial Crime – Asset Management | London, UK

Head of Financial Crime - Asset Management

M&G plc. London, United Kingdom

Posted: 23 hours ago | Type: Permanent | Salary: Competitive

The Role:

The Head of Financial Crime is a senior leadership role with overarching responsibility for setting the strategic direction and overseeing all aspects of financial crime risk management across the Asset Management business, its sub-businesses, and geographies. The Head of Financial Crime will be responsible for the development and implementation of a financial crime framework across the Business in line with M&G's Policies and Standards for financial crime. They will provide leadership and guidance across the Business to ensure effective risk management and compliance with applicable laws and regulations.

Key Responsibilities Include:

1. Provide overall leadership for financial crime across the Asset Management Business, enabling senior leadership to effectively discharge their regulatory responsibilities.
2. Ensure Business risk appetite is set and maintained in line with financial crime Policies and Standards.
3. Ensure all Business financial crime controls are fit for purpose and risks are appropriately mitigated.
4. Ensure effective oversight of financial crime systems and controls.
5. Represent the Business in relevant governance forums and report to senior leadership on financial crime matters.
6. Proactively monitor and respond to KRIs to identify areas of concern.
7. Provide overall leadership for financial crime change and transformation.
8. Build collaborative relationships with other businesses and service providers.
9. Support relevant stakeholders in managing engagement with external legal and regulatory bodies.
10. Provide overall leadership, strategic direction, and ongoing management of financial crime teams across the Business.

Key Skills and Experience Required:

1. Significant experience within financial crime and a deep understanding of financial crime risks in the asset management sector.
2. Relevant experience within the asset management sector, including client onboarding and regulatory requirements.
3. Proven track record of managing financial crime risks related to diverse asset classes.
4. In-depth knowledge of financial crime laws and regulations.
5. Experience in delivering large-scale financial crime mitigation strategies in Global organisations.
6. Strong leadership and team management skills.
7. Excellent communication skills, with the ability to influence senior stakeholders.

Location: London

Work Level: Manager/Expert or Integration Leader, based on experience

Recruiter: Beth Eckersley

Closing Date: 31st January 2025

M&G plc is committed to diversity and inclusion and welcomes applications from all qualified candidates.