Vice President - Quality Assurance Lead

MUFG ,
London, Greater London
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Overview

We're looking for a candidate to fill this position in an exciting company. Managing a team of QA reviewers supporting/overseeing and/or performing QA reviews of KYC activity conducted across the company’s Banking arm and securities business, to determine whether outputs meet the established quality objectives set out within the Global QA Standards. Initially this will be focused on work conducted within London, but as the function is established further EMEA offices will fall in scope of this QA function. Deliver an effective independent and retrospective review of processes to ensure a thorough & effective Customer Due Diligence is being conducted. Managing the allocation of roles and responsibilities among KYC QA Reviewers in accordance with the Global QA Standards. Develop an effective suit of Management Information reports for key stakeholders, for related activities covered within the Client Management Services function. Overseeing the analysis of the upcoming book of work within the Client On-Boarding team, enriching the data (through groupings and common alignment identifiers) and delivering output to the On-Boarding team and key stakeholders Ensuring that the results of the QA reviews are communicated to the appropriate parties, tracked and addressed in a timely manner. Liaising with 2nd Line of defense to assist with the planning, designing, scoping, executing, escalating and reporting of QA Reviews as a part of the overall QA cycle in accordance with the Global QA Standards. Driving forward central coordination, governance, and reporting, leveraging regional structures and best practices across EMEA. Reviewing QA reports summarizing the objectives and purpose, scope, QA review methods, limitations and a consolidation of the QA results for distribution to Senior Management and key stakeholders to provide an overview of process effectiveness and facilitating the periodic reporting to the appropriate stakeholders. Escalating errors and exceptions identified during QA reviews and the validation of action plans to address QA findings. Managing the coordination with Regional Issues Management to monitor and track the resolution of QA identified issues and action plans. Establishing appropriate QA management routines and ensuring proper awareness of QA review results through the reporting of QA related Key Performance Indicators and Key Risk Indicators. Monitoring regulatory developments, such as changes in the regulatory environment, which may impact the 1st Line of Defense QA function. Training and Development of more junior members of the team, this role has circa. 4 direct reports line and their performance, training and development will be a responsibility of this individual. Keep abreast of developments in current trends and progress on money laundering, bribery and corruption and it prevention. Awareness of UK & European Anti-Money Laundering regulations Knowledge of various corporate structures Able to communicate effectively to key stakeholders at all levels. Attention to detail is essential Ability to effectively utilize Microsoft Office (particularly word & excel). At least 5 years’ experience in Anti Money Laundering, fraud and bribery or Financial Crime roles Experience with Investment Banking & the On-Boarding of Corporate entities (Inc. Private Companies and SPVs) Experience of managing a KYC team or function. Degree Level or relevant industry experience Relevant qualifications in Anti Money Laundering, fraud and bribery or Financial Crime roles. Excellent communication skills Results driven, with a strong sense of accountability A proactive, motivated approach. The ability to operate with urgency and prioritize work accordingly Strong decision making skills, the ability to demonstrate sound judgement A structured and logical approach to work Strong problem solving skills A creative and innovative approach to work Excellent interpersonal skills The ability to manage large workloads and tight deadlines Excellent attention to detail and accuracy A calm approach, with the ability to perform well in a pressurized environment Strong numerical skills Excellent Microsoft Office skills A confident approach, with the ability to provide clear direction to more junior members to the team A strategic approach, with the ability to lead and motivate more junior members of the team

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