Financial Crime Prevention - Operations Manager (21305)

Company: JELD-WEN Group
Location: London
Posted on: April 8, 2021

Job Description:

Career Opportunities: Financial Crime Prevention - Operations Manager (21305) Requisition ID--21305-----Posted--11/02/2021-----London-----Janus Henderson We are a leading independent global asset manager, dedicated to delivering the best outcomes for our clients through a highly diversified range of actively-managed products. We are truly global, supporting our individual and institutional investors across a range of products, encompassing equities, fixed income, multi-asset and alternatives. Our high-energy and collaborative culture at Janus Henderson helps our client achieve their goals and ensures that our people love the place they work. The department The new Financial Crime Prevention Operations team ('FCP Ops') will sit within the Fund Operations department. The Financial Crime Enhancement project executed over 2020 has identified new consistent standards (e.g., due diligence, risk assessment and screening) across EMEA and APAC for new clients / relationships, but much remediation is required to uplift existing clients / relationships to the same standard.--2021 will be spent reframing the operating model for financial crime related activity through the introduction of the FCP Ops team to take on the operational aspects of financial crime and which will also include the oversight of activities which will be outsourced to the appointed Transfer Agents. Overview of the role You will support key areas of our distribution, investments, operations and risk and compliance teams and will be responsible for the day to day operational financial crime prevention activities, primarily:

• The establishment of the FCP Ops team
• the establishment of a new financial crime risk assessment process for Distributors and Intermediaries.
• Undertaking due diligence and risk assessment activity for clients and other third parties
• the application of the firms' anti-money laundering policy to operational transfer agency processes which will include oversight of outsourced functions to third party administrators You will work alongside a number of product, distribution, investments, operations, risk and compliance professionals. You will focus primarily on our Luxembourg, Irish and UK fund ranges, and will also have responsibility for activity in our APAC fund ranges. You will have the opportunity to be involved in major corporate projects as well as local operations. You will be influential in meeting our corporate guiding principle of putting our clients at the heart of everything we do as well as ensuring we meet regulatory responsibilities whilst striving to continually evolve and improve our operational FCP Ops model. Duties and responsibilities You will:
  • Initial risk assessment of distributors and intermediaries, and liaising with / referring to the Financial Crime Compliance team as appropriate.
  • Ongoing screening of distributors and intermediaries as appropriate.
  • Assessment of the distributor / intermediary risk rating and recommendation to upgrade if appropriate.
  • Prepare all necessary papers for submitting higher risk distributors / intermediaries for approval by senior management
  • Collate and compile all necessary risk assessment reporting and papers for all relevant committees and management boards. Segregated Mandate / Institutional Client Due Diligence: You will:
    • Perform initial risk assessment of the client and determine the due diligence information / documentation required per the firm's due diligence checklists
    • Review information as it is received and proactively keep client account managers informed of outstanding information
    • Perform screening of clients and relevant connected parties, liaising with / referring to the Financial Crime Compliance team as appropriate
    • Perform periodic and trigger-based due diligence refreshes
    • Review and sign off for medium risk clients You will:
      • Manage and co-ordinate investor/third party screening activities (sanctions, PEPs, adverse media), some of which are outsourced to third party administrators. Screening includes those not mentioned above:
        • Counterparties
        • Executing Brokers
        • Research Providers
        • Manage and co-ordinate investor/third party due diligence and risk assessment activities, some of which might manifest as re-ID projects led by our third party administrators
        • Be the first point of contact for certain types of high risk referral from our third party administrators and where necessary, escalating to the Financial Crime Compliance team or relevant MLRO
        • Oversee transaction monitoring activities including reporting and internal escalation
        • Champion and co-ordinate operational change related to financial crime prevention which could be generated internally, by our third party administrators and by regulatory / industry change General You will:
          • Build direct relationships with our transfer agencies, distributors / intermediaries, due diligence vendor, and with sales, investments teams and legal teams within Janus Henderson.
          • Develop and support additional FCP Operations responsibilities (extended regulation or further jurisdictional requirements) as required
          • Continuously seek to identify operational efficiencies in the team's processes.
          • Monitor the team's progress against targets and produce management information for senior management.
          • Carry out additional duties as assigned. Other You will:
            • Manage a team of employees and contractors working within the Financial Crime Operations team
            • Apply, maintain and evolve the Financial Crime Operations processes/procedures, systems and controls
            • You will work with Distribution Management and Distribution Projects to support on-going and future Distribution change projects as required. Supervisory responsibilities
              • Yes Technical skills and qualifications
                • Good working knowledge of investment funds and products and their distribution
                • Prior knowledge of financial crime (e.g. due diligence (CDD/KYC), risk assessment, screening)
                • Good IT skills, including PowerPoint, Excel and database used for analysis and reporting purposes
                • Graduate preferred
                • IMC or equivalent preferred In addition to putting clients first, acting like an owner, and succeeding as a team, the competencies for this role include:
                  • Strong analytical skills and attention to detail
                  • Strong organisational and project management skills
                  • Strong team leadership experience
                  • Ability to work under pressure and to tight deadlines
                  • Good communication skills, both verbal and written, and the ability to liaise with senior management, peers and other team members
                  • Committed team player
                  • Prepared to work hard and will enjoy the challenges of a fast moving and changing environment
                  • Strong management of stakeholders and their issues
                    Ongoing competence in the role to be assessed, in line with applicable regulatory requirements, by:
                    • Completion of all assigned compliance training
                    • Annual attestation (Knowledge and Competence in-scope roles only)
                      Compliance requirements
                      
                      At a minimum the role will require you to:
                      
                      • Place the interest of Janus Henderson's Clients first, act in accordance with TCF (Treating Customers Fairly) principles
                      • Understand and follow laws and regulations applicable for your role, seeking the help of your supervising manager or Compliance if additional guidance is required
                      • Understand and abide by all Janus Henderson policies applicable to your role, and seek support/guidance of the policy owner guidance when required
                      • You are ultimately accountable for your actions and responsible for seeking further information on any or all of the above as necessary.-- Annual Bonus Opportunity: Position is eligible to receive an annual discretionary bonus award from the profit pool. The profit pool is funded based on Company profits. Individual bonuses are determined based on Company, department, team and individual performance. Benefits: Janus Henderson is committed to offering a comprehensive total rewards package to eligible employees that includes; competitive compensation, pension/retirement plans, and various health, wellbeing and lifestyle benefits. To learn more about our offerings please visit the Why Join Us section on the career page here. Janus Henderson (including its subsidiaries) will not maintain existing or sponsor new industry registrations or licenses where not supported by an employee's job functions (as determined by Janus Henderson at its sole discretion).

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