GFCD - Level 2 Sanctions Investigations - Analyst (33741)

Mitsubishi UFJ Securities (USA) ,
London, Greater London
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Job Description

OVERVIEW OF THE DEPARTMENT/SECTION We are MUFG. 360 years of heritage. A world-class set of businesses. And more than 180,000 employees in 50 markets. It's no surprise that MUFG has grown to become one of the top five banks in the world. Our services include commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. MUFG offers stability in an ever-changing market, providing services to high-profile clients worldwide. Our vision? To become the world's most trusted financial group. You'll help us achieve it. The Financial Crimes Office for EMEA (FCO EMEA) in London is part of the Global Financial Crimes Division headquartered in New York. It works to ensure that our organisation conducts its business such that we protect our reputation, our business, and our clients within the regulatory and legal framework. It is responsible for the establishment and maintenance of effective systems and controls to protect clients' assets and to mitigate the risk that MUFG might be used to further financial crime. NUMBER OF DIRECT REPORTS MUFG 0 MUS 0 MAIN PURPOSE OF THE ROLE Level 2 is the Sanctions Investigations team. The main functions of the Level 2 Sanctions Investigations team are: * Review and Investigate real time payment messages within sanctions screening systems * Review and Investigate Customer Screening alerts. * Assisting the Level 1 function with Employee Screening * Sanctions List Management KEY RESPONSIBILITIES * Level 2 are responsible for reviewing escalations from EOD, which arise from the initial screening of payments that are flagged as sanctions risks through our internal systems. * They will discount any potential matches identified by EOD and investigate any matches to see if they require further, in-depth investigation. * Once in-depth investigation is required, the Level 2 analyst will subsequently create and assign cases to the correct department/team for further investigation. * Level 2 are also responsible for conducting daily customer database screening using Finscan. * Level 2 will also manage other aspects of sanctions such as ensuring sanctions lists from external authorities and the internal lists are current and up to date, as well as internal process improvements. WORK EXPERIENCE Preferred: * Degree preferred * Relevant qualifications * 1-3 years of relevant banking/compliance experience SKILLS AND EXPERIENCE Functional / Technical Competencies: Preferred: * MS Office skills * Demonstrates attention to detail * Broad understanding of banking, financial crime risk (AML and Sanctions) in banking and a general * Understanding of the concepts of risk management and control * Manages priorities effectively and delivers efficiently * Good conceptual understanding of risk, compliance and controls * Good understanding of banking products and the UK regulatory environment and knowledge of sanction regimes Education / Qualifications: Preferred: * 1-3 years of relevant banking/compliance experience * Degree preferred PERSONAL REQUIREMENTS * Excellent communication skills * A proactive, motivated approach. * The ability to operate with urgency and prioritise work accordingly * Strong decision making skills, the ability to demonstrate sound judgement * 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 pressurised environment * Works collaboratively with immediate colleagues, other teams in Financial Crime, across GFCD London and the Bank and escalates appropriately * Establishes trusted relationships * Communicates clearly (in writing and orally), and flexes communication style as appropriate PERFORMANCE AND DUTIES The role holder will be assessed in accordance with their employing entity's performance framework and process with relevant input obtained from the dual hatting entity as relevant. As duties and responsibilities change, the job description will be reviewed and emended in consultation with the role holder. The role holder will carry out other duties as are within the scope, spirit and purpose of the role as requested by their line manager or Department Head. MANAGING CONFLICTS OF INTEREST * The role holder will have responsibilities for both MUFG Bank and MUFG Securities EMEA plc. * The role holder will be required to perform their duties and responsibilities on an entity neutral basis, without favour. * The role holder is required to follow regulatory requirements applicable to ensure each business is appropriately supported and to maintain the legal entity integrity of each of MUFG Bank and MUS. * Working terms are dictated by functional mandates, the terms of the Dual-Hat Arrangement Agreement in place between MUFG Bank and MUFG Securities EMEA plc and any other relevant agreements entered into between MUFG Bank and MUFG Securities EMEA plc. * The role holder will have responsibility for identifying and resolving where there ma

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