GFCD - EMEA AML Team - Complex Product SME - AVP (34145)

Mitsubishi UFJ Securities (USA) ,
London, Greater London
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Overview

Job Description

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. OVERVIEW OF THE DEPARTMENT/SECTION Financial Crimes Office EMEA (FCOE) is the regional office responsible for the establishment and maintenance of effective systems and controls to protect customers' assets and to mitigate the risk that BTMU might be used to further financial crime in EMEA. MUFG's financial crime compliance framework includes control processes designed to help the Bank detect, deter, and prevent financial crime as well as assess and mitigate related risks (i.e., money laundering and terrorist financing risk, sanctions risk, and bribery and corruption risk) in a manner that is consistent with applicable laws, rules, regulations, supervisory guidance, and commensurate with the Bank's risk profile and risk appetite. NUMBER OF DIRECT REPORTS 0 MAIN PURPOSE OF THE ROLE * Provide subject matter expertise to offices within the EMEA region advising on the management of financial crime risks associated with complex products such as particular types of Financial Institutions, Correspondent Banking and Trade Finance. * Assist in implementing and maintaining the appropriate control framework to manage the risks arising from such complex products. * Review, challenge and recommend approval of new products from a financial crime risk perspective. * Provide specific KYC and AML advice on Customers utilizing Trade Finance /Financial Institutions/ Correspondent Banking products where requested. * Understanding and advising of the risk factors that distinguish Correspondent Banking from other products utilized by financial institution customers. * Communicate specific risks that arise from the provision of complex products to key stakeholders. * Resolving issues identified via MUFG's testing functions, audits, regulatory exams, programmatic reviews, and quality assurance efforts. KEY RESPONSIBILITIES * Overseeing the First Line of Defense (1LOD) and the Centre of Excellence (COE) activity to ensure compliance with applicable policies and standards pertaining to Financial Institutions, Correspondent banking and Trade Finance. * Provision of specific and bespoke advice relating to correspondent banking and trade finance as required. * Taking responsibility for managing small projects, and participating & representing FCOE's interests in larger projects across the Bank. * Developing a good understanding of the broader banking and regulatory environment, primarily focusing on Correspondent Banking and trade Finance, keeping up to date with developments and their impact on MUFG. * Supporting the Complex Product Team Leader in producing and reporting key risk indicators to FCOE management. * Assist in the writing and delivery of bespoke training to applicable FCOE staff and others stakeholders as required. WORK EXPERIENCE Essential: * At least 4 years' experience within financial crimes area of a global bank, consulting firm or regulatory agency and with proven exposure to financial institutions, correspondent banking and trade finance risk management. * Proven experience in communicating with and influencing key stakeholders such as relationship managers and operations. SKILLS AND EXPERIENCE Functional / Technical Competencies: * Experience with managing stakeholder relationships within and outside of the local function/role. * Knowledge of a wide variety Financial Crimes Compliance laws and regulations; * Excellent judgement and analytical skills; * Experience in drafting, designing and executing Financial Institutions, Correspondent Banking / Trade Finance control framework in accordance with Global Policies, Standards and/or Procedures; and * Strong written and verbal communication skills with stakeholders at all levels. Education / Qualifications: * Degree and/or financial crime qualification / certification PERSONAL REQUIREMENTS * 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 * 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 pressured environment * A confident approach, with the ability to provide clear direction to your team * Excellent managerial/leader

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