Manager Financial Controls

3 days ago


Mumbai, Maharashtra, India M&G plc Full time
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 plc group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003. The company has rapidly transformed itself into a powerhouse of capability that is playing an important role in M&G plc'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.

• To work collaboratively with colleagues and take personal accountability to maintain and enhance controls you are responsible for to support improvement of the overall control environment, customers outcomes and a reduction in M&G plc's operational risk.

• 1st line Risk and Controls Risk Management: Ensure to undertake and lead the RCSA reviews, check and challenge the process through reviews and half yearly KCA testing, tracking & Investigation of Notifiable Events, KRI submissions. Coordinate, provide guidance, attestation, check and challenge the risk assessment on MUDA's and provide timely BCP submissions for the Finance department

• Collaborate with 2nd & 3rd line: To ensure the team works in collaboration with the 2nd line Risk function, to ensure all policies & standard requirements are understood and delivered as required. Build relationship for all-Finance with second line Risk and third line Risk (Internal Audit). The types of risk will span the full range from those associated with Finance, Financial crime & ALM, operational processes, outsourcing, technology, information security, business continuity and similar.

• Stakeholder Management: To ensure timely delivery and submission to stakeholders on any risk management requirements. To timely escalate issues that require senior management support.

• Support team cohesion and work performance: Support the Controls COE team, ensure the teams functions in a cohesive manner and works together to supports business as 1st line risk and controls. Support each person in the team to perform to their best and understand how their work contributes to the achievement of business success and improves the risk culture within Finance.

• Manage the implementation aspects of a robust and effective risk management culture throughout Finance. Ownership of standardised operational processes for controls, training them out to all Finance.

• Manage the development and ongoing support to effective risk governance arrangements, including coordination of relevant MI and reporting.

• Liaise with the business's key relationship managers to ensure the appropriate focus on operational risk in outsourced areas.

• Committee Packs: Preparation & delivery of Risk and Controls MI, data gathering etc. Manage the development and ongoing support to effective risk governance arrangements, including coordination of relevant MI and reporting

• Use your judgement to strengthen a positive risk and control culture, by identifying, assessing and managing risk within your business area

• Frame and review the governance framework to ensure that the work is carried out in a controlled environment reducing / mitigating the potential risks

We live by four behaviours at M&G Global Services and we ask all our employees to:
  • Inspire Others - Support and encourage each other, creating an environment where everyone can contribute and succeed
  • Embrace Change - Be open to change, willing to be challenged and able to adapt quickly and imaginatively to new ideas
  • Deliver Results - Focus on outcomes, set high standards and deliver with energy and determination
  • Keep it Simple - Cut through complexity and bureaucracy, be clear and decisive and never overcomplicate things


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