KYC Client Onboarding, Associate/AVP
Company: MUFG Union Bank
Posted on: February 22, 2021
MUFG is committed to the safety and well-being of our
colleagues, clients, candidates, and the community as we manage the
current COVID-19 pandemic. During this time, as we continue to
recruit and hire exceptional talent to join our team, we are taking
the necessary precautions to limit in-person contact, aligned with
Federal, State, and local health recommendations and requirements.
All interviews are being conducted remotely via Skype, FaceTime, or
phone. Additionally, we have implemented remote on-boarding for new
colleagues, as appropriate. Thank you for your interest in
exploring career opportunities with MUFG. Senior KYC Quality
Assurance, Associate/AVP 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 (as ranked by S&P Global, April 2018). In the Americas,
we're 14,000 colleagues, striving to make a difference for every
client, organization, and community we serve. We stand for our
values, developing positive relationships built on integrity and
respect. It's part of our culture to put people first, listen to
new and diverse ideas and collaborate toward greater innovation,
speed and agility. We're a team that accepts responsibility for the
future by asking the tough questions and owning the solutions. Join
MUFG and be empowered to make your voice heard and your actions
count. Job Summary: The First Line of Defense Unit is responsible
to perform the Quality Assurance review of KYC routine review.
Operations for both new onboarding, periodic reviews and ad-hoc
reassessment. The objectives of the routine reviews is to ensure
having a control process--to determine whether process output
adheres to established quality objectives and to provide reasonable
assurance to management that target outcomes are achieved.-- As
such, KYC QA reviews are an integral part of process management and
improvement.-- This position is typically expected to work a very
large number of reviews with little oversight.-- Provides technical
guidance to staff for research, analysis and documentation. May
receive delegated responsibilities from management. It is the
responsibility of process owners to ensure that results of QA
reviews pertaining to the financial crimes control processes under
their purview are: o (i) communicated to the appropriate parties. o
(ii) addressed in a timely manner.-- Major Responsibilities:
- Perform Quality assurance of client KYC profile completed by
KYC Onboarding team to determine if the review and research were
conducted in accordance with the Quality Assurance standards and
timeframes set for within established procedures, bank policy and
- Document each review by thoroughly completing a QA
- Support the development of QA processes based on the identified
- Provide subject matter expertise to KYC functions throughout
- Maintain working knowledge of all regulatory obligations and be
able to relate them to--MUFG policies and procedures.
- Contribute to the evolution of global and local KYC policies
and guarantee team knowledge of any updates.
- Play a key role in the development and roll-out of both
strategic and tactical process changes.
- Maintain strong working relationship with stakeholders in both
the first line and second line of defense.
- Perform other duties as assigned.
- Bachelor's degree preferred; applicable work experience will be
- Minimum of 5 years of direct work experience in AML risk
analysis or equivalent with related experience in other areas of
banking and preferably in the financial services industry.
- Knowledge of Federal regulations (especially
- Proficient knowledge of MS Word, Excel, Access.
- Ability to work independently and to make informed
- Strong verbal, written and interpersonal communication
- Ability to recognize risks and make decisions based on sensory
data or known guidelines. 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 in employment decisions on the basis of any protected
category. A conviction is not an absolute bar to employment.
Factors such as the age of the offense, evidence of rehabilitation,
seriousness of violation, and job relatedness are considered in all
employment decisions. Additionally, it's the bank's policy to only
inquire into a candidate's criminal history after an offer has been
made. Federal law prohibits banks from employing individuals who
have been convicted of, or received a pretrial diversion for,
certain offenses. We are committed to ensuring that our online
application process provides an equal employment opportunity to all
applicants, including individuals with disabilities. If you are an
applicant with a disability, or are assisting an applicant with a
disability, and require accessibility assistance or an
accommodation to apply for one of our jobs, please submit a request
by telephone at 1-866-275-4717 or email us at AskHR@us.mufg.jp .
Include your contact information and specific details about your
requested accommodation. 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 in employment decisions on the
basis of any protected category.
Keywords: MUFG Union Bank, Irving , KYC Client Onboarding, Associate/AVP, Other , Irving, Texas
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