QA Senior Specialist

Accountabilities/Responsibilities

Responsibilities

• Define the 1LoD financial crime testing plan.
• Implement and execute the 1LoD financial crime testing plan.
• Document testing results and prepare reports, highlighting any control deficiencies or areas for improvement.
• Coordinate the development of mitigation plans across the Life business.
• Implement financial crime actions and mitigation plans arising from Assurance / Audit Findings across 1LoD.
• Provide support and guidance to 1LoD teams on financial crime control implementation and testing.

Skill Requirements:

• Strong understanding of quality assurance testing, planning, and methodologies and their application within a financial crime compliance framework.
• Ability to interpret and analyse MI, identifying trends and potential risks.
• Demonstrated ability to track, escalate, and drive remediation of identified issues through to completion, ensuring accountability and timely closure.
• Ability to proactively manage and mitigate FC risks.
• Significant experience within financial crime.
• Experience in overseeing and upskilling junior team members.
• Ability to demonstrate deep understanding of financial crime risk management controls and process application.
• Excellent written and verbal communication skills and ability to convey complex information to stakeholders at all levels
• Ability to provide constructive and actionable feedback as well as effectively address and clarify any queries arising from this.

Key Stakeholder Management

Internal

•            M&G Plc Risk Management team

•            Head of Financial Crime Prevention & Money Laundering Reporting Officer (MLRO)

•            Financial Crime Compliance Team

•            All Prudential UK Business Areas

•            M&G PLC  Business Areas

•            Group-wide Internal Audit

•            Other M&G Group Business Units

External

Knowledge, Skills, Experience & Educational Qualification

• Knowledge & Skills:
• Confidence & excellent communication
• Advanced working knowledge of anti-money laundering  and know-your-customer regulations and processes within the Individual, Asset Management and financial services industry.
• Demonstratable QC/QA experience delivering high quality work
• Proven experience of PEPs, Sanctions and Negative Media screening
• Proven experience in performing financial crime risk assessments of clients and client-on-boarding processes

EDUCATION AND PROFESSIONAL QUALIFICATIONS NECESSARY:

• Minimum overall 6-8 years of experience in Financial Crime Compliance team within Financial Services, preferably insurance and banking industry, with 4-5 years of experience in Financial Crime Compliance field in QA QC function
• Graduate degree in Science /Commerce/Management Sciences/Business Administration/Law (B.Sc./B.Com/BMS/BBA/LLB )
• Certifications such as Certified Anti-Money Laundering Specialist (CAMS) examinations desirable
• Knowledge of EU & UK Regulations or experience of money laundering regulations and their practical application within a financial service organisation.
• Excellent analytical skills with the ability to review and interpret rules and regulations
• A good understanding of the regulated marketplace and the position of M&G within that market.
• A credible communicator both written and verbally.
• An understanding of the business drivers for appropriate business areas.
• Operates within the context of own function but has an awareness of the overall UK operation and its objectives.
• Independent, self-motivated, proactive, analytical and willing to work under pressure.

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