AVP - EMEA - GFCCT

About Us:

Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the worlds leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with over 2,700 locations in more than 50 markets. The Group has over 180,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.

The Group aims to be the worlds most trusted financial group through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFGs shares trade on the Tokyo, Nagoya, and New York stock exchanges.

MUFG Bank, Ltd. is Japans premier bank, with a global network spanning more than 50 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments and individuals worldwide.

In Asia, MUFG has a presence across 20 markets Australia, Bangladesh, Cambodia, China, Hong Kong, Indonesia, India, South Korea, Laos, Malaysia, Mongolia, Myanmar, New Zealand, Pakistan, Philippines, Singapore, Sri Lanka, Taiwan, Thailand and Vietnam.

It has also formed strategic partnerships with some of the most prominent banks in Southeast Asia, further augmenting its unrivalled network across the region VietinBank in Vietnam, Krungsri in Thailand, Security Bank in the Philippines and Bank Danamon in Indonesia.

MUFG Global Service (MGS)

Established in 2019, MUFG Global Services (MGS) is 100% subsidiary of MUFG Bank Ltd having offices in Bengaluru and Mumbai. MGS has been set up as a Global Capability Centre / Centre of Excellence to provide support services across various functions such as IT, KYC/ AML, Credit, Operations, Trade Finance etc. to MUFG Bank offices globally. With a current headcount of over 1000 employees, MGS India has plans to significantly ramp-up its growth over the next 18-24 months while servicing MUFGs global network across Americas, EMEA and Asia Pacific

About the Role:

Position Title: FCOE Global Financial Crimes Compliance Testing

Corporate Title: AVP

Reporting to: Vice President, Compliance

Location: Bangalore

Job Profile:

Purpose of Role:

This Financial Crimes Compliance Systems Testing, AVP role is in the Global Financial Crimes Division of MUFG Bank, Ltd. This role will be based in the EMEA region and will be required to execute testing of Financial Crimes Compliance systems and tools in accordance with the global testing plan.

Main Responsibilities:

• Assist in development and execution of the Global Financial Crime Systems annual testing plan.
• Assist with FC systems testing activities in the EMEA region, including end-to-end systems testing between primary source systems and target systems such as sanctions screening, transaction monitoring, or other Financial Crimes (FC) systems to ensure the completeness and accuracy of transaction/customer data, to detect control breaks and mitigate financial crimes risk
• Understand business process flows, data flows and mapping, system specifications, key data elements, along with related compliance technology components.
• Perform technical data analysis of payments related data, customer data, and transactional data in various formats, document results and develop detailed documentation of the analysis performed.
• Prepare written reports which summarize the Objectives, Scope, Findings and Conclusions for each assigned review.
• Assist in the identification of controls and compliance issues, assess and document the related risk, and make reasonable recommendations for resolution.
• Stay abreast of current trends in data management, compliance testing and developments concerning BSA/AML/Sanctions, fraud schemes, and information security issues.
• Assist in other projects or related duties as required.
• Up to 10% of travel may be required.

Candidate Profile:

Skills and knowledge:

• 3+ years of experience in Financial Services, preferably in AML, Sanctions, Wire Payments, or Correspondent Banking
• 3+ years of data analytics experience using SQL and related tools (SAS, Python, Alteryx, etc.)
• Strong command over Microsoft Office Suite (i.e. Excel, MS Access, PowerPoint and Word)
• Understanding of system architecture and functionalities of FC systems is highly desirable.
• Ability to perform data analysis and develop detailed documentation around data flows involving settlement systems, screening and monitoring systems.
• Experience in coordinating systems testing processes, including test planning, test case preparation, execution, and defect management.
• Strong verbal and written communication skills
• Ability to work under minimal supervision.

Education & professional qualifications:

• BA/BS Degree required; Masters preferred; ACAMS or relevant professional qualification is a plus.
• 10-15 years of experience in KYC is essential for this role.

Experience

• 10-15 years of experience in KYC is essential for this role.