Manager, Global Financial Crimes Compliance

Primary Responsibilities
  • Support the Anti-Money Laundering (AML), Sanctions Compliance (SC) and Anti-Bribery & Corruption (ABC) compliance programs by reviewing program elements, including but not limited to, providing challenge and strategic advice, and contributing to the management of monitoring and testing activities for Prudential businesses and corporate functions
  • Evaluate escalations of AML, Sanctions and ABC compliance activities made by internal partners including sanctions and Politically Exposed Person (PEP) watchlist alerts and provide advice based on Prudential’s policies, procedures, law and regulations for appropriate and timely resolution as necessary
  • Contribute to the management of compliance risk by performing, coordinating or supporting the identification and analysis of compliance risk exposure in connection with non-financial risk assessments and review of processes to identify non-adherence (actual or potential). Provide sound advice on required process changes to mitigate the risk of non-adherence
  • Contribute to the development, implementation and continuous refinement of business and corporate function processes to compliance risks including processes to identify and ensure internal partners comply with legal and regulatory obligations for AML, SC and ABC compliance.
  • Provide advice and guidance on the design of 1st Line controls to adequately mitigate financial crimes risks in Prudential’s global operating model, and conduct, coordinate or guide risk-prioritized testing, monitoring and surveillance activities to assess the adequacy of controls
  • Sanctions Compliance (SC): Act as a global subject matter expert for day-to-day support to internal partners in the administration of the enterprise’s sanctions and PEP watchlist screening program and provide advice and guidance to help ensure compliance with applicable laws, regulations, internal policies and procedures
  • Collaborate alongside internal teams such as Global Technology to lead the development, testing, implementation, and continuously improvement of watchlist screening and PEP filters, rules and thresholds to ensure the SC screening systems operate effectively to meet internal and external (e.g. OFAC Sanctions Compliance) expectations or requirements
  • Support the analysis of sanction alerts escalated to the GFCU and prepare appropriate reports (e.g. Blocked or Rejected Transaction reports and Specific License Applications) with applicable regulatory or government agencies
  • Keep abreast of changes in global laws/regulations, including US OFAC and local regulatory developments; regulatory enforcement trends, and other environmental changes impacting Prudential operations and anticipate issues or interpret expectations derived from OFAC enforcement and other sources of regulatory expectations to manage compliance risk.
  • Identify financial crimes compliance training needs and support development of content for business and corporate function units. As appropriate, deliver ad-hoc ABC, AML and Sanctions compliance training for various groups.
  • Support all aspects of assigned financial crimes compliance assignments (e.g. compliance initiatives) including providing status reporting regarding deliverables, dependencies, risks and issues, and communicating across compliance leadership including preparing reports and presentations for senior or executive level leadership.
  • Additional duties as they arise based on Compliance organization priorities or regulatory developments in the financial crimes compliance landscape.


Qualifications

  • Practical experience working in Financial Crimes (3+ years)
  • AML, Sanctions and ABC compliance risk management experience including Watchlist screening analysis and experience with the development of rules, filters and thresholds
  • Ability to effectively coordinate and balance multiple projects and competing priorities in a time-sensitive environment, under pressure, and meeting deadlines
  • Experience with supporting vendor-based solutions (e.g. Actimize, Oracle Mantas, Fiserv) including sanctions watchlist screening systems.
  • Strong understanding of regulatory frameworks and regimes
  • Bachelor’s degree required


Personal Attributes
The Manager, Financial Crimes must possess the following personal characteristics and attributes:
  • Understands the importance and value of collaboration to achieve objectives
  • Ability to develop strong and productive working relationships
  • Is open minded and willingly accepts new or additional information to inform decision-making; is not rigid or inflexible
  • Has a desire to learn or know more; is proactive; is intellectually curious
  • A practical problem-solver


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Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status , medical condition or any other characteristic protected by law.

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.

PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please call (800) 433-8960, prompt 4 or email accommodation.h&w@prudential.com.

Please note that the above number and email are solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email careers@prudential.com to request assistance.

Newark, New Jersey, United States of America; Newark, NJ, USA

R-103025