Financial Crime Oversight Senior Specialist

M&G Plc; Stirling; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading financial services firm is looking for a Financial Crime Third Party Oversight Senior Specialist in Stirling. This experienced role involves supporting the Governance, Reporting & Oversight Team by overseeing Financial Crime operational activities, ensuring compliance, and managing relationships with third parties. Candidates should possess strong communication skills and a proven track record in financial crime assurance. The firm offers a comprehensive pension scheme, generous annual leave, and a diverse, inclusive work environment.

Benefits

Pension scheme

38 days annual leave

Health & Protection cover

Qualifications

• Experience within financial crime, including operational activities such as screening and due diligence.
• Proven ability to oversee and manage relationships with suppliers and third parties.
• Strong written and verbal communication skills.

Responsibilities

• Support oversight of outsourced Financial Crime controls.
• Review and challenge processes, procedures, and KPIs to ensure compliance.
• Conduct thematic reviews over key Financial Crime processes.

Skills

Financial crime assurance

Operational activities such as screening

Written and verbal communication

Organisational and coordination 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.

Financial Crime Third Party Oversight Senior Specialist

This is an experienced role that supports the Governance, Reporting & Oversight Team Lead, with responsibility for overseeing Financial Crime operational activities performed on behalf of all Life business by internal teams or third parties, including TPAs.

Main Responsibilities

• Support the oversight of outsourced Financial Crime controls, including those performed by TPAs and under intragroup arrangements, across all Life business and products.
• Review and challenge third-party and internal team processes, procedures, KPIs, and MI to ensure adherence to Group Policy, Standards, contractual agreements, and regulatory expectations. Identify trends, risks, and areas for escalation.
• Maintain robust records of TPAs, supplier and team performance, identifying potential risks, trends, and areas for improvement.
• Conduct thematic reviews and testing over key Financial Crime processes conducted by other teams or third parties, such as due diligence and screening, ensuring compliance with Financial Crime standards.
• Support the development and maintenance of governance frameworks, including Terms of Reference for TPA Financial Crime forums.
• Coordinate and participate in supplier governance meetings, driving accountability and continuous improvement.
• Identify, escalation, and triage non‑compliance, performance concerns, or risks to the Governance, Reporting & Oversight Team Lead and Control & Quality Assurance Team Lead.
• Act as a key liaison between internal stakeholders and external TPAs to embed a strong compliance culture.
• Support the Governance, Reporting & Oversight Team Lead in driving the Financial Crime agenda across outsourced relationships.
• Contribute to the continuous enhancement of oversight frameworks and risk mitigation strategies.

Key Knowledge, Skills & Experience

• Experience within FC, including operational activities such as screening and due diligence.
• Experience within financial crime assurance activities, including process and controls testing.
• Ability to demonstrate an understanding of financial crime risk management controls and process application.
• Experience with TPA/TA outsourcing arrangements and managing service agreements.
• Ability to demonstrate an understanding of intragroup arrangements.
• Proven ability to oversee and manage relationships with suppliers and third parties.
• Strong written and verbal communication skills, with the ability to convey complex information to stakeholders at all levels.
• Strong organisational and coordination skills.

Work Level: Manager or Expert

Recruiter: Hollie Doran

Location: Kildean

What we offer

• 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, 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: [e-mail]