Surveillance Monitoring Analyst/Consultant

M&G Investments is Prudential plc's UK based fund management business and is one of Europe's leading active asset managers with more than £247.5 billion* of funds under management across fixed income, equity, property and multi-asset strategies. -*as at 30 September 2015

This role is within the Surveillance (day to day) Monitoring team, which is responsible for the monitoring of front office dealing and investment controls, rule coding and daily review of the pre and post trade incidents generated by Latent Zero Sentinel (automated Compliance monitoring system), covering client, regulatory and house restrictions on around 200 individual Equity, Fixed Income and Multi Asset client funds.

The individual will work as part of a team responsible for the:

  • Review of segregated client mandates and retail product documentation, to implement and maintain rule coding on Latent Zero Sentinel for client, regulatory and house restrictions.
  • Investigation of daily incidents generated by Latent Zero Sentinel, to ascertain the reason for any breaches / exceptions (result of trade, data issues etc.).
  • Communication with the relevant business areas for breach resolution and breach logging.
  • Delivery of coding interpretation covering regulatory / guideline restrictions to the business when required, interacting with fund managers and other front office staff at all levels.
  • Completion of routine daily, weekly and monthly monitoring activities.
  • Liaise with the Trustee / client relationship managers to respond to breach alerts and portfolio queries as received.
  • Conduct monitoring reviews of front office dealing controls over FCA COBS requirements covering fair allocation, best execution and timely execution, and market abuse controls over restricted dealing lists.
  • Creating and maintaining accurate team procedure manuals.
  • Breach reporting and production of MI reporting to key stakeholders.
  • Ad-hoc project work, for example new fund launches and system upgrades.



  • Good interpersonal skills, with the ability to record and communicate clearly and effectively, both written and orally.
  • Flexible, proactive and ability to work as part of a team.
  • A self-starter with ability to work under their own initiative.
  • High level of accuracy and attention to detail.
  • Strong work ethic and comfortable working under pressure to tight deadlines.
  • Ability to develop and maintain effective working relationships within the team and across the business.
  • Experience of working.


  • Good instrument knowledge of fixed income, equities and derivatives products.
  • Relevant IOC or IMC qualification (or willing to complete).
  • A good understanding of the asset management industry.
  • Good understanding of the UK Regulatory framework and UCITS rules.
  • Experience of working within financial services (not necessarily compliance).

We are happy to look at candidates who have not necessarily worked in a similar type of role but have Operations experience within Investment Management and would like to move into this area.

M&G is an equal opportunities employer and welcomes applications from a diverse background.