Head of Screening and Monitoring Shared Service

Job Description

We are M&G Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited) . We are a fully owned subsidiary of the M&G plc group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003. At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns. Provide overall leadership and oversight for the FC Screening & Monitoring Shared Service. To provide strategic support in building Financial Crime Operations team that s fit for purpose and aligns to UK FCO team Provide support and act as a point of escalation for the Screening & Monitoring Shared Service. To manage & provide guidance in end to end screening process, inclusive of review of internal tool controls, test environments and its effectiveness To conduct & provide support in Independent 3rd party testing of screening tool to evidence screening tool effectiveness & fit for purpose Forecast and plan for resource needs across the FC Screening & Monitoring Shared Service based on demand fluctuations, ensuring adequate support for team activities. Set strategic goals and objectives for the function, creating alignment with overall business objectives and risk appetite. Oversee the relationship with key vendors such as Lexis Nexus Bridger, World Compliance and Dow Jones to ensure services provided meet team needs. Build collaborative relationships with the Head of Financial Crime - Life and Head of Financial Crime - AM and other relevant stakeholders to provide updates on screening performance, key risks, and emerging trends. Ensure alignment of financial crime operational processes and procedures with Group policies. Implementation of a BAU Quality Assurance (QA) process for , M&G Global Services Pvt Ltd Financial Crime Compliance (FCC) team, especially for screening activities for M&G plc To support PEP, Sanctions and Adverse Media Screening that requires research based analytical skill to collate & connect information from all available sources ( inclusive of Open Source Intelligence search system, M&G books and aligning with M&G FCC policy & standards) Support the M&G Global Services Pvt Ltd Risk and Compliance Management team in various functional and MGGS initiatives Identify and lead digital initiatives that deliver efficiencies and improved ways of working commensurate with best practices of FTSE 100 digitally enabled business To fulfil primary obligations as outlined in the Proceeds of Crime Act 2002 and the Terrorism Act 2000 as amended by the Anti-terrorism & Security Act 2001, Money Laundering Regulations 2007 Ensure understanding and adherence to M&G s Code of Conduct and, where appropriate, comply with all relevant regulatory policies. This includes completion of any mandatory training requirements 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.