M&G
Assistant Vice President, Transaction Monitoring & Investigations Specialist
About M&G India
We are M&G India, the strategic innovation and digital hub for M&G. Established in 2003, we have offices in Mumbai and Pune.
Our teams work closely with colleagues across the Group worldwide to drive transformation, build digital capability, and support sustainable growth. By leveraging technology, AI, automation, and process excellence, we bring new ways of thinking to improve outcomes for both customers and colleagues.
Grounded in a vibrant culture with strong foundations, we are central to how M&G is transforming as a business.
About M&G
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.
• Conduct hands-on, expert level thematic surveillance across Transaction Monitoring and Fraud Alert Investigations, with focus on complex investment structures, high value activity, across investor behavior in retail and private market structures within Asset Management space.
• Perform and review complex Level 1 alerts, applying strong risk based judgement, to identify, investigate, look through analysis, non obvious behavioral risks/patterns leveraging internal data and intelligence from the 2LoD Investigations team. Ensure consistent, well-reasoned disposition and documentation.
• Act as a trusted expert, collaborate the design, calibration, optimisation of Asset Management–specific TM and fraud typologies and scenarios.
• Collaborate on transformations, efficiency initiatives, supporting the adoption of automation, AI enabled solutions within TM and fraud alert processes.
• Create, maintain operating manuals, SOPs supporting consistent execution.
• Actively contribute, support audit readiness in internal reviews/inspections and audits.
• Maintain awareness of regulatory developments, emerging financial crime risks, and industry best practice, contributing to continuous improvement initiatives.
• Support delegated responsibilities from India AM Financial Crime Head, including planning/allocation of wider 1LoD Financial crime activities in India, preparation of reporting on TM, fraud alert performance, emerging risks, and control effectiveness.
Knowledge & Skills:
• Advanced investigative capability, with the ability to identify complex and non obvious financial crime risks and apply sound risk based judgement with a strong focus on AML and fraud transaction monitoring (preferably within Asset Management).– (Essential)
• Strong AML, CTF, sanctions, and KYC knowledge, with the ability to translate regulatory requirements into practical transaction monitoring and investigative controls. (Essential)
• Excellent written and verbal communication skills, with the ability to clearly articulate investigations, recommendations; influence, engage stakeholders. (Essential)
• High ownership, accountability and time management capability in a fast paced, multi priority environment. (Essential)
• Understanding of Asset Management products, lifecycle, and structures (e.g., Funds, UCITS, AIFs, distributors, private/public markets, segregated mandates). (Preferred)
Experience:
- 12 - 15 years’ experience in Financial Crime / AML, including 6+ years in Transaction Monitoring and Investigative roles amidst hands-on exposure to the other spectrums of KYC, Financial crime operations. (Asset Management, Or Asset Servicing space preferred)
- Proven track record in handling complex, high‑risk investigations, contributing to transaction monitoring framework enhancements.
- Strong working knowledge of UK, EU regulations, with practical application experience within KYC/AML, TM spectrum.
- Demonstrated capability to guide, challenge, and coach colleagues, contributing to technical uplift and consistent investigative standards. (Preferred)
- Exposure to global TM operating models, contributing to MI, dashboards, trend analysis, and control performance reporting with hands‑on experience in onboarding complex entities including funds, trusts, SPVs, multi‑layered ownership structures.
- Experience working with Transaction monitoring, onboarding, and screening tools such as Napier, Actimize, Fenergo, Fircosoft, and World‑Check (or equivalent platforms).
- Good understanding of the regulated financial services landscape and how businesses such as M&G operate within it.
- Self‑motivated, proactive, analytical, and resilient.
Educational Qualification:
- Graduate degree in Science, Commerce, Management, Business Administration, or Law (e.g. BSc, BCom, BMS, BBA, LLB).
- Professional certifications such as ICA qualifications or CAMS are desirable.
We have a diverse workforce and an inclusive culture at M&G Global Services, 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.
