Financial Crime Compliance (FCC) Manager, Asia

M&G; Singapore; Hybrid; SGD 180,000 - 300,000; Full time

Benefits offered by this job

Flexible working options

Workplace accommodations

Job summary

M&G plc, a leading financial services group, seeks an experienced Financial Crime Compliance Lead to support the APAC region. The role entails implementing a robust FCC framework, advising the first line of defence, and coordinating with business, operations and risk functions globally.

The ideal candidate has over 10 years of FCC experience, strong regulatory knowledge, and proven stakeholder management abilities in a complex, fast-paced environment.

Qualifications

• At least 10 years proven experience in FCC within the financial services industry.
• Previous experience as the individual responsible for FC oversight.
• Demonstrable exposure to FCC Advisory matters.
• Strong communication and interpersonal skills.

Responsibilities

• Support the continuous enhancement of the FCC framework across M&G Asia Pacific, ensuring robust second line of defence.
• Provide technically sound guidance and advice to the first line of defence.
• Oversee regional financial crime risk and third-party suppliers for markets including Singapore, Hong Kong, Korea, Australia and Japan.
• Manage relationships and influence stakeholders across the business and with other teams.
• Maintain up-to-date knowledge of local and transnational regulations related to financial crime.

Skills

Financial crime compliance

Stakeholder management

Regulatory knowledge

Communication skills

Risk assessment

Job description

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.

Through 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 Role:

This is a critical role to support the Financial Crime Asset Management Advisory Lead (London based) in the implementation of a strong Financial Crime Framework across M&G Asia Pacific Region. The role holder will be required to interact with the business, operations, compliance and other risk functions across M&G globally and the outsourced service providers to assess and design the optimal target operating framework.

Key Work Level Accountabilities:

Manager or Expert

• For technical specialists, accountable for delivering expert advice or service, using specialist knowledge and subject matter expertise
• Applies judgement to deliver outcomes, evaluating a range of potential solutions, considering the impact for customers, cost and risk
• Manages conflicts that may impact delivery
• Challenges upwards given knowledge of delivery and awareness of complex systems and the broader picture
• Identifies and anticipates need for changes to continuously improve quality and efficiency of output
• Manages resources and risks using expert judgment, know-how and experience

Key Responsibilities for this role:

• Support the continuous enhancement of the Financial Crime Compliance (FCC) framework across M&G Asia Pacific, ensuring a robust second line of defence delivery, including providing technically sound guidance and advice to the first line of defence.
• Supporting the Financial Crime Asset Management Advisory Lead in oversight activities, including, but not limited to, regional financial crime risk and third party suppliers for the firm’s operation in our key markets of Singapore, Hong Kong, Korea, Australia and Japan.
• Managing relationships and influencing key stakeholders across the business and collaborating with other teams.
• Keeping up-to-date with relevant local and transnational legislation/regulation, best practice and industry guidance and rules relating to financial crime, ensuring the firm maintains compliance with these.
• Engage and support delivery of the Financial Crime Enhancement Programme.
• Prepare and present relevant reports for Governance purposes.
• Become the designated individual responsible for FC oversight in line with local regulatory expectations.

Key Knowledge, Skills & Experience:

• At least 10 years proven experience in FCC, within the financial services industry
• Previous experience as the individual responsible for FC oversight
• Demonstrable exposure to FCC Advisory matters
• Strong communication and interpersonal skills
• Ability to manage, organise and prioritise workload in a fast-paced and demanding environment
• Capable of exercising sound judgement when assessing risk and controls; as well as understanding and balancing risk, versus appropriate controls, to determine residual risk
• Excellent stakeholder management skills

We have a diverse workforce and an inclusive culture at M&G plc, underpinned by our policies and our employee-led 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.