drjobs Financial Crime Monitoring and Assurance Lead

Financial Crime Monitoring and Assurance Lead

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1 Vacancy
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Job Location drjobs

London - UK

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

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.

Through our behaviours of 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 also offer work place accommodations to ensure you have what you need to effectively deliver in your role.

The Monitoring and Assurance Lead is a leadership role with the overarching responsibilities for coordinating the production and maintenance of the independent financial crime assurance framework overseeing the development of methodologies and of assurance activities over both internal and external 2LoD financial crime functions as well as 1LoD financial crime control activities in the UK and globally where delegated.

Financial crime responsibilities:

Coordinate the production and maintenance of the Financial Crime Assurance Framework.
Oversee the of financial crime assurance over internal and external 2LoD financial crime functions and the development of supporting methodologies.
Oversee the of financial crime assurance over Business Unit 1LoD financial crime functions in the UK and globally where delegated.
Oversee the development and of the assurance and quality control QC methodology test scripts and plan over the Group Financial Crime Function.
Oversee development and maintenance of the framework for 2LoD financial crime thematic assurance over 1LoD and associated methodologies.
Oversee the development and of the assurance plan for 2LoD financial assurance over 1LoD.
Oversee the of independent financial crime controls testing activities over the Group financial crime controls as part of risk and controlsself assessment RCSA for Group 2LoD Financial Crime.
Oversee the of and methodology for financial crime risk model validation.

Additional responsibilities:

Provide overall leadership for the Monitoring and Assurance team.
Provide advice and guidance and act as a point of escalation for Group Financial Crime Assurance Function.
Build collaborative relationships with Group and local Internal Audit stakeholders as well as Business Unit 1LoD financial crime teams responsible for 1LoD assurance to ensure Financial Crime Assurance Framework is fitforpurpose enterprisewide and sets out aligned approach across all 3LoD.
Provide support to the Global Head of AFC in the day to day oversight of all Financial Crime related issues
Other tasks and activities within the scope of your role or team as required from time to time.

Skill requirements:

Significant experience within financial crime and being able to demonstrate deep understanding of the financial crime risks inherent in the asset management and/or insurance sectors.
Experienced in designing and management of the control testing and assurance programmes for financial crime risk management.
Experienced in design and management of ongoing thematic reviews on financial crime controls and processes and in identifying improvement needs.
Experienced in summarising monitoring outcomes to aid senior management decision making including MLRO and governance committees
Strong leadership and team management skills.
Excellent communication skills with the ability to influence stakeholders including Board and communicate monitoring and assurance concepts clearly.
Excellent reporting writing skills with an attention to detail and focus on achieving positive control enhancements.

Experience Level: Manager/Expert

Recruiter: Helen Simons

We have a diverse workforce and an inclusive culture at M&G plc underpinned by our policies and our employeeled networks who provide networking opportunities advice and support for the diverse communities our colleagues represent. 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.

M&G is also proud to be a Disability Confident Leader and we welcome applications from candidates with longterm health conditions disabilities or neurodivergent conditions. Being a Disability Confident Leader means that candidates who meet the minimum criteria of a job will be offered an interview if they opt in to the scheme when applying.

Ifyou need assistanceor an alternative means of applying for a role due to a disability or additional needpleaselet usknow by contacting us at:

Employment Type

Full-Time

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