Screening Manager

Accountabilities/Responsibilities

• Provide day to day line management for the Screening Specialists and Analysts within the Screening & Monitoring Shared Service.
• Oversee the daily operational activities of the screening team.
• Ensure that tasks are allocated effectively across the team, priorities are clear and expected SLAs are met.
• Act as a delegate for the Head of FC Screening & Monitoring Shared Service.
• Provide regular updates to the Head of FC Screening & Monitoring Shared Service, including potential risk areas and mitigation strategies across the team.
• Develop, implement and maintain repository of screening processes and procedures across the team.
• Monitor and evaluate team performance and the effectiveness of implemented screening processes. Identifying areas for improvement and risk trends.
• Continuously improve the screening team, delivering on the job training and sharing knowledge amongst the function.
• Act as an escalation point for the team where additional expertise or decision making is required.
• Efficiently managing a significant case load and supporting any other FCC Screening  activities

• Subject Matter Expert in support & guidance, to ‘Life & Wealth’ business from AML & Screening related issues

Knowledge, Skills, Experience & Educational Qualification

Knowledge & Skills:

• Significant experience with financial crime screening systems.
• Significant experience in managing operational screening teams.
• Significant understanding of sanctions regulations, PEP lists, and other relevant compliance requirements.
• Significant understanding of KYC/AML regulations and best practices.
• Expert in PEP, Sanctions and Adverse Media Screening activities which 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)
• Significant experience with conducting and discounting PEP, sanctions and adverse media alerts.
• Understanding of sanctions regulations, PEP lists, and other relevant compliance requirements.
• To support team in assessing Politically Exposed Person, sanctioned individual / entity matches identified through the FCC PEP / Sanctions solution(s) and ensure that all PEPs and Sanctioned individuals / entities are reported promptly to the AML Reporting Manager in an agreed format.
• Strong communication skills and ability to work with a diverse range of stakeholders within the team.
• Familiarity with industry best practices and regulatory expectations specific to the business.
• Sound organisational and coordination capability to deliver and embed change management.
• Experience with LexisNexis Bridger
• The role is responsible for undertaking reviews and analysis relating to the assessment, monitoring and enhancement of systems and controls within M&G UK in respect of financial crime risk.  

• To assist in maintenance of PEP register and timely completion of senior management signoff reports
• Knowledge of relevant compliance regulators and their regulations
• Knowledge of money laundering compliance requirements across various banking and insurance products
• Strong interpersonal skills, with the ability to establish credibility and strong partnership with business partners and clients when required
• Ability to collaborate in a team based environment across functional disciplines and lines of business.
• Strong analytical, problem-solving and organizational skills
• Ability to manage several simultaneous projects
• Ability to operate remotely, in a diverse and multi-cultural environment.
• Knowledge on insurance products, systems and distribution methods would be an added advantage
• Ability to plan and prioritise own schedule ensuring timely completion of responsibilities
• Strong work ethic with the highest levels of professionalism, commitment and integrity.

Experience:

• Minimum 10 years of experience in Risk function within Financial Services
• 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 UK Regulations or experience of money laundering regulations and their practical application within a financial service organization.
• Excellent analytical skills with the ability to review and interpret rules and regulations
• A good understanding of the regulated marketplace and the position of Prudential within that market.
• A credible communicator both written and verbally.
• An understanding of the business drivers for appropriate business areas.
• A strong business focus with an ability to take account of the nature and complexity of a firms business
• 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.
• Excellent communication skills written and verbal
• Team player

Educational Qualification:

Graduate degree in Science /Commerce/Management Sciences/Business Administration/Law (B.Sc./B.Com/BMS/BBA/LLB )

Requirements

Line management experience
Experience with financial crime screening systems
Understanding of sanctions regulations, PEP lists, and KYC/AML regulations
Experience with conducting and discounting PEP, sanctions and adverse media alerts
Strong communication and stakeholder management skills