Due Diligence Specialist

At 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.

We will consider flexible working arrangements for any of our roles and offer workplace adjustments to ensure you have the support you need to succeed in your role. The Due Diligence Specialist will be responsible for conducting AML KYC/D activities and supporting the Client and Distribution Due Diligence Team to ensure that local CSSF substance and regulatory requirements are met in Luxembourg.

You will join a team of 3 people and report to the Senior Manager. We pride ourselves on fostering an environment of teamwork and collaborative knowledge sharing.

Responsibilities

• Onboarding of New Counterparties – Perform a full Due Diligence of our contracting Counterparties. Identify and Verify the Nature of Business, Beneficial Owners, Senior Management and the Distribution Network. Regular Screening – Review alerts on Sanctions, Politically Exposed Persons and Adverse Media ensuring regulatory compliance Global Sourcing – Ensure a smooth operation with our India office to increase the efficiency of our Onboardings and Client Refreshes Refreshes – Ensure the Due Diligence remains up to date and identify and verify any situational changes identified during the refresh Skill Requirements: Prior 2+ years’ experience conducting KYC (Know Your Customer) and due diligence checks for institutional and corporate clients
• Strong understanding of client onboarding workflows, documentation requirements, and risk assessment processes. Excellent written and verbal communication skills in English Strong time management skills with the ability to meet deadlines in a fast-paced environment. Ability to work independently and reliably, with a structured approach to prioritizing tasks. Keen attention to detail
• Team oriented mindset and willingness to collaborate across different departments Work Level: Experienced Colleague Recruiter: Hollie Doran Location: Luxembourg At M&G, we strive to have a diverse workforce and an inclusive culture, underpinned by our policies and our employee-led networks that offer networking, support and development opportunities for the diverse communities our colleagues represent. We welcome applications from people of all backgrounds - across gender, ethnicity, age, disability, sexual orientation and more - including neurodivergent individuals, career returners and those with military service experience. M&G is a leading international savings and investments business, managing money for around 4.6 million individual clients and more than 900 institutional clients in 38 offices worldwide. As at 31 December 2024, we had £345.9 billion of assets under management and administration. 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.