Mumbai
full-time
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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 group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003.
Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.
Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.
M&G Global Services has rapidly transformed itself into a powerhouse of capability that is playing an important role in M&G’s ambition to be the best loved and most successful savings and investments company in the world.
Our diversified service offerings extending from Digital Services (Digital Engineering, AI, Advanced Analytics, RPA, and BI & Insights), Business Transformation, Management Consulting & Strategy, Finance, Actuarial, Quants, Research, Information Technology, Customer Service, Risk & Compliance and Audit provide our people with exciting career growth opportunities. 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.
Responsibilities
Support the maintenance of the Financial Crime Assurance Framework in line with Risk Management Framework and Assurance Standard.
Execute financial crime assurance activities over internal and external 2LoD functions and Business Unit 1LoD financial crime functions in the UK and globally, where delegated, in accordance with the annual plan.
Support execution of independent financial crime controls testing activities over the Group 2LoD Financial Crime controls as part of the risk and controls-self assessment for Group 2LoD Financial Crime.
Support the execution of Quality Control checks over Group Financial Crime Function and UK 2LoD.
Support the execution of the assurance plan for 2LoD financial assurance over 1LoD.
Other tasks and activities within the scope of your role or team as required from time to time.
Qualification / Skills and Experience
Graduate / Post graduate with at least 9 years (or more) of experience.
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 executing ongoing thematic reviews on financial crime controls and processes and in identifying improvement needs.
Experienced in preparing reports on monitoring outcomes for senior management including MLRO, governance committees and leadership team.
Strong analytical, critical thinking, and problem-solving skills and demonstrates the ability to assess complex processes, identify control weaknesses, and provide recommendations for improvement.
Strong communications and report writing skills, with the ability to effectively communicate findings to the Financial Crime Monitoring and Assurance Manager and Financial Crime Monitoring and Assurance Lead.
Foster innovation and process excellence to deliver improvements in the function and wider organisation.
Actively build and sustain a high performance culture, setting goals, providing technical guidance, inspiring people to perform and driving measurable change
Working with the wider Risk and Compliance and First and Third Line teams to deliver oversight, drive improvements and risk insights and controls enhancements to support the maintenance of a robust integrated control framework.
Working flexibly and building collaboratively constructive and supportive working relationships with teams across M&G plc and suppliers
Keep abreast of industry trends, regulatory and business issues.
Use of regulatory knowledge, business understanding and expert judgement, to quickly identify underlying issues and escalate issues, where appropriate.
Ensure compliance to the people policies, Group Code of Conduct and embedding desired behaviours, including completion of any mandatory training requirements.
Being personally accountable for identifying, assessing, managing and reporting risks within your area of responsibility, including supporting formal risk management activities e.g. Risk & Control Self-Assessments and timely closure of Assurance action
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.
Welcome to 10FA India Private Limited.
Formerly known as Prudential Global Services Private Limited.
We are M&G plc's capability centre based in Mumbai, initially started as a back-office operational support to the UK business unit.
However, over the recent years, we have significantly increased the breadth and depth of our capabilities and offerings to keep pace with the changing needs of the Group. These include Digital & Knowledge Services, Finance and Actuarial, Information Technology (IT), Customer Service, Risk and Audit.
Our core purpose is to be a strategic partner to M&G plc, enabling growth by delivering change and driving synergies through a highly capable and agile workforce.
With our diversified service offerings we provide our people with exciting opportunities to grow personally and professionally.
M&G plc is a leading savings and investments business serving around 5.5 million retail customers and more than 800 institutional clients.
It’s innovative asset management and customer solutions are supported by extensive investment capabilities, an international distribution network and two strong brands: Prudential and M&G Investments.
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