Investment Compliance Advisory Consultant - 9 Month FTC

M&G plc.
London, United Kingdom
Jul 29, 2021
Aug 02, 2021
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
At M&G our vision is: to become the best loved and most successful savings and investment business and we're looking for people who are excited about joining us on our journey. We're digitally transforming and investing heavily in technology and innovation to develop new and improved customer propositions that really raise the bar for our customers. To help us achieve our vision we're looking for exceptional people who live our values and behaviours and who can inspire others; embrace change; deliver results and keep it simple.

We know that an inclusive environment makes us more accessible and ensures we attract, engage, promote and retain exceptional people. We welcome applications from all individuals regardless of age, gender/gender identity, sexual orientation, ethnicity/nationality, disability, or military service and welcome those who have taken career breaks. We will consider flexible working arrangements or home working arrangements for any of our roles.

What you can expect from us:
We are committed to creating an environment where you can be exceptional at all you do. To help us deliver this, we promise to:
  • Challenge Your Limits by creating a stimulating working environment and providing opportunities for you to be involved in meaningful and challenging work
  • Support Your Aspirations with a commitment to learning and development that helps you achieve and build your experience with people who want you to succeed
  • Value Your Input whereby leaders and managers will involve you in key decisions, listen to your thoughts and recognise the important contribution you make
  • Balance Your Life through a work life partnership that focuses on making this an inclusive, diverse and friendly place to work and offers the flexibility and support that enables everyone to be at their best

How do we support our employees:
All M&G plc employees will be supported in the workplace through our M&G Employee Assistance Programme (EAP). If you need counselling, confidential financial or legal advice. The service is available 24 hours a day, 365 days a year and offers access to qualified professionals who can provide specialist information, advice and support on many issues. It offers a broad range of services, including help with family issues, maintaining work/life balance and mental health support.


The team provides professional and timely Compliance advice and oversight relating to retail and institutional products to M&G's investment management and retail business in a clear and constructive manner, ensuring that the business understands its regulatory and legislative responsibilities - "helping the business to build compliance into their processes and controls"

Role Requirements:
  • Advice and support to the business in relation to financial regulation and regulatory expectations in both a project environment and ad hoc queries
  • Advice and support to the business in relation to processes, systems and controls to meet their regulatory obligations
  • In-depth knowledge of regulatory change and developments across the UK and EU
  • Regulatory rule interpretation, advice on UK and non-UK regulatory requirements and the FCA Handbook (e.g. SYSC, COBS, COLL, FUND, MIFID, SUP, US Investment Advisers Act etc.)
  • Work closely with the Regulatory Liaison and Development team on upcoming regulatory developments, including analysing new regulation
  • Technical input to, and delivery of, regulatory training
  • Support the review and ongoing maintenance of Group wide policies
  • Support input into the delivery of regular Compliance Department reporting to relevant Boards and governance committees
  • Continuously seeking to improve advice, compliance processes and controls

Work Level Accountabilities:
  • Accountable for providing a quality service or product to customers and stakeholders, using skills/experience built through significant practical experience or training
  • For team leaders, accountable for ensuring the team the role supports is delivering a quality service or product
  • Works within established frameworks and procedures, with the freedom to interpret them to solve a range of problems
  • Delivers outputs that are clearly defined, using discretion over how to achieve them
  • Makes suggestions for improvements to the work of the team, based on previous experience and knowledge of similar situations

Essential Experience/Knowledge:
  • Strong background of delivering Compliance advice in an institutional asset management environment or sell-side/broker environment. Equivalent experience within a consulting environment or regulatory body may be considered
  • Very good knowledge and awareness of UK and European regulatory environment and their impacts on a UK based fund manager
  • Product regulatory knowledge (including a good spread of liquid and illiquid products and covering a variety of regulated and unregulated collective investment schemes)
  • Knowledge of Segregated Mandates
  • Knowledge of MiFID II and AIFMD

Job Skills/Personal Skills:
  • Self-starter, high levels of initiative and a strong work ethic
  • Ability to analyse complex and evolving positions and ability to express regulatory concepts in a clear and concise manner
  • Communicates with conviction across all levels of the organisation
  • Commercially aligned and pragmatic approach to provision of advice
  • Desire to work in a collaborative, dynamic and agile environment
  • Team player, supportive with a collegiate approach

Stakeholder Relationships:
  • Develop positive and professional working relationships within the Investment Management business, Product Development, Risk, Compliance and Group-wide Internal Audit departments
  • Work with Marketing and Distribution Advisory, M&G Real Estate Compliance and overseas Compliance Officers to ensure consistency of advice
  • Work with the Compliance Monitoring and Assurance team, and first line control teams to provide advice on their surveillance, monitoring and oversight responsibilities
  • Work closely with the Compliance Framework & Operations team and the Regulatory Liaison and Development team to understand the impact of forthcoming legislative / regulatory change and the need to update Compliance policies and procedures

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

Recruiter: Tom Hunt
Work Level: Experienced Colleague
Closing Date: 31/07/2021

We live by four behaviours at M&G and we ask all our employees to:
  • Inspire Others - Support and encourage each other, creating an environment where everyone can contribute and succeed
  • Embrace Change - Be open to change, willing to be challenged and able to adapt quickly and imaginatively to new ideas
  • Deliver Results - Focus on outcomes, set high standards and deliver with energy and determination
  • Keep it Simple - Cut through complexity and bureaucracy, be clear and decisive and never overcomplicate things
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