GFCD - EMEA Centre of Excellence - KYC - AVP (34391)

Mitsubishi UFJ Securities (USA) ,
London, Greater London
More Details

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 In MUFG, we are committed to being the world's most trusted financial group. As part of our commitment, in our Global Financial Crime Directorate (GFCD), we are consolidating and improving key elements of our global financial crime detection and prevention operations by creating a network of Centres of Excellence (CoEs). Our CoEs will enable us to increase and enhance the effectiveness of our operational financial crime prevention and detection expertise and oversight, by consolidating and focusing the knowledge, capabilities, insight and experience of our people along with refined and improved processes, training and technologies. We want to work with ambitious, energetic, service-focused people with experience of working in Financial Crime, who are dedicated to protecting our customers - and the wider global economy, while developing world-class anti-money laundering (AML) and know-your-customer (KYC) skills and capabilities. NUMBER OF DIRECT REPORTS 0 MAIN PURPOSE OF THE ROLE You will be supporting the CoE for our Financial Crime Operations team, delivering against our objectives for Europe, Middle East and Africa (EMEA). In this role you will be working within the CoE Know Your Customer (KYC) team: * Delivering high-quality and pro-active support to business activities, assisting the firm to do business in the right way and to grow its business-footprint. * Ensuring key processes are run efficiently to deliver quality and reliable information, to support the firm's business growth and control procedures. * Delivering risk-based assurance to the firm's senior management and the Group through independent challenge and quality reporting. KEY RESPONSIBILITIES * Reviewing and completing evidence records of KYC for new business cases, periodic review cases and event driven review cases for high risk clients and providing risk recommendation to first line. * Processing Anti-Social Element Checks. * Processing ad-hoc advisory requests from EMEA offices, queries relating to completing KYC on complex ownership structures and complex transactions. * Reviewing and processing KYC escalations from Front Office, including preparing escalation memos for sign off by Head of KYC and/or the Money Laundering Reporting Officer. * Updating procedures in line with UK, EU and Japanese regulatory and legal requirements. * Supporting business as usual activities and other duties, including special projects as assigned. WORK EXPERIENCE * Minimum five (5) years KYC experience is essential for this role. * Experience of performing KYC on Financial Institution and Correspondent Banking clients. * Experience of KYC quality checking and/or assurance testing required. SKILLS AND EXPERIENCE * Knowledge of KYC and the regulatory environment. * General understanding of IT systems used in the KYC area. PERSONAL REQUIREMENTS * Excellent communication skills. * Results driven, with a strong sense of accountability. * A proactive, motivated approach. * The ability to operate with urgency and prioritise 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 pressurised environment. 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 amended 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 Arran

People also viewed