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Financial Crimes Compliance - AVP

Company: MUFG
Location: Irving
Posted on: May 3, 2021

Job Description:

Financial Crimes Compliance - AVP

  • Requisition # 35423
  • Job Type Day
  • Location Irving, TEXAS
  • Date Posted 04/23/2021

Your potential. Your opportunity.

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 2020).In the Americas, we're 13,000 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.

The Compliance Department is responsible for setting the policies and procedures for the registered representatives and associated persons of the broker dealer. Compliance's Financial Crimes Compliance (FCC) Department is responsible for implementing specific measures to detect and deter financial crimes, which includes money laundering, Economic Sanctions (OFAC) violations, , the financing of terrorist activities and bribery/corruption (ABC).

We are looking for a highly qualified and motivated person with knowledge of financial crimes prevention and experience working within financial crimes compliance. The candidate will primarily have knowledge of anti-money laundering laws and regulations while having a working understanding of the other areas of FCC Compliance mentioned above. This is a unique role, with responsibility and exposure to working across all functions and coverage areas of the Firm's FCC programs.

The candidate would be joining a small, dynamic team in a key supporting function reporting directly into MUSA's Financial Crimes Compliance Officer. This role offers a unique opportunity to contribute and participate in all aspects of the FCC Program in a true 'hands on' approach

What will you do?

  • Independent reviews and analysis of possible suspicious activity to ensure compliance with the Bank Secrecy Act and the USA Patriot Act
  • Ensure alert and case determinations are appropriate, fully supported, and clearly documented.
  • Responsible for conducting sanctions and adverse news screening for prospective clients as well related parties
  • Review and reassessment of customer information on a periodic basis under an established risk-based approach
  • Maintain effective working relationships with key business partners to obtain and validate client information
  • Participate in internal and external reviews, audits and exams as needed
  • Work on ad-hoc projects and initiatives as needed

Qualifications

  • Working knowledge of AML/BSA laws and regulations relative to money laundering and terrorist financing. Experience applying this knowledge in assessing transaction activity of high-risk customer accounts is preferred, not required
  • Sound knowledge of the Bank Secrecy Act, the USA Patriot Act and The Proceeds of Crime (Money Laundering) and Terrorist Financing Act (the "PC Act"), together with associated regulations
  • Minimum of 3 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.
  • Experience using Refinitiv World-Check preferred, not required
  • Good organizational, verbal, written, interpersonal, and analytical skills
  • Must be able to multi-task, adapt well to changing priorities, and effectively prioritize work to meet critical deadlines
  • Ability to work in a fast-paced, demanding, and changing environment

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.

Keywords: MUFG, Irving , Financial Crimes Compliance - AVP, Other , Irving, Texas

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