Compliance assured and confidence strengthened: why outsourced screening supports operational resilience

Screening is expected for regulated firms. It is complex and time-consuming to carry out in-house, though, and taking shortcuts should never be an option. In a worst-case scenario, a screening oversight could lead to reputational or even legal damage for your firm.

Undertaking a comprehensive screening is one of the most important steps as you bring great people on board. This means running formal checks to ensure each individual is qualified to work for you - and trustworthy. Screening helps identify possible risks before they turn into problems.

FeMan’s screening services include:

• ID checks and public electoral register checks – ensuring your employees are who they say they are

• Right-to-work checks - a Home Office-mandated process for UK employees

• Employment references - including regulated references under the Senior Managers & Certification Regime (SM&CR)

• Education checks, professional qualification checks and CV comparisons - to verify the authenticity of a candidate’s stated attainments

• Criminal checks - through the government’s Disclosure and Barring Service (DBS)

• Financial background checks (including credit checks, CCJ (county court judgment) and bankruptcy checks) - a regulatory requirement in many finance roles

• Directorship and disqualified director checks – which are vital due-diligence processes

• Compliance / watchlist database checks - involving deep research to identify potential risk

• Regulatory checks 

• Adverse media checks - also known as ‘negative news screening’

• Adverse social media checks - assessing a candidate or employee’s suitability for a role.

And while the list above relates to our UK services, FeMan Consulting is able to undertake criminal, credit, directorship and regulatory checks in many other countries too.

Ongoing screening

As you will see from our list above, many screening services are vital at the recruitment stage and as part of your ongoing regulatory obligations. However, for best practice, FeMan Consulting recommends embedding regular screening into your risk management strategy. Our bespoke service ensures the level and frequency of checks are proportionate to your employees’ varying responsibilities.

We have vast experience of handling large screening and re-screening projects and will manage every process for you with ease. Our clients are also our business partners, benefiting from our bespoke service and excellent communication.

By removing the burden of employee screening, FeMan Consulting gives you more time to work towards your business goals. By applying our experience and expertise to the process, we give you deeper levels of trust in the people who will help you reach them.