Global Financial Crimes Compliance Testing Vice President - Hybrid

Company: MUFG
Location: Irving
Posted on: May 16, 2022

Job Description:

Do you want your voice heard and your actions to count?Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world. Across the globe, we're 180,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.With a vision to be the world's most trusted financial group, it's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.This is a hybrid position. There are flexible work from home options available. A member of our recruitment team will discuss the options with you in more detail.Major Responsibilities:Responsible for supporting the Global Financial Crimes Compliance Testing ("GFCCT") function and leading, or participating on as an individual contributor, a testing team in performing deep dives and targeted risk-based thematic reviews of financial crimes compliance (AML, Sanctions, ABC) processes globally with an emphasis on the design and effectiveness of measures (controls) taken to monitor and mitigate financial crimes risk.

• Lead, or participate on, a team of testers in conducting and supporting financial crimes compliance reviews for MUFG Bank, Ltd. branches globally, that evaluate the effectiveness of existing financial crimes compliance, as well as the design and implementation of relevant controls, such as escalation processes, documentation of policies and procedures, reporting, list screening, regulatory change management, governance framework, and training.
• Develop test plans, scripts, procedures, and sampling methodologies that incorporate regulatory expectations, industry developments and lessons learned from regulatory findings and internally identified issues by compliance testing and internal audit.
• Assist in implementation of a coordinated, consistent, and risk-based AML, Sanctions and ABC testing program.
• Assist in developing and maintaining quality control processes to drive adherence to Global Testing Standards.
• Assist in the drive of central coordination, governance, and reporting, leveraging regional structures and best practices.
• Prepare/review reports summarizing the objectives, scope, findings and conclusions of completed testing.
• Assist in the validation of Management Action Plans designed to address remediation efforts and testing review findings.
• Coordinate with Issues Management to monitor and track resolution of financial crimes testing findings.
• Assist with establishing appropriate testing management routines and ensure proper awareness of testing review results through reporting and other means.
• Monitor developments, such as changes in the regulatory environment, which may necessitate ad hoc testing.
• Support general compliance activities and other duties, including special projects as assigned.Qualifications:
  • BA/BS Degree required; JD, CPA and/or CAMS a plus.
  • At least 7 years of experience within the financial crimes area of a global bank, consulting firm or regulatory agency.
  • Experience with compliance testing, quality control/assurance processes and/or internal/external audits.
  • Minimum of 3 to 4 years of experience leading testing efforts in, or exposure to, quality control or quality management functions and results.
  • Knowledge of financial crimes compliance laws and regulations.
  • Excellent judgment and analytical skills.
  • Test script/procedure creation and/or experience with the test scripting process.
  • Experience in leading diverse testing teams.
  • Strong written and verbal communication skills.
  • Some travel may be required, domestic and international.The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual's associates or relatives that is protected under applicable federal, state, or local law.Some MUFG roles require that individuals be fully vaccinated against COVID-19, subject to exemptions for medical or religious reasons, as well as any other reason required by applicable law or order. Should you be selected for an interview, your recruiter will provide additional information.#LI-Hybrid

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