Assistant Vice President, AML Programs

Do you want your voice heard and your actions to count Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG) one of the worlds leading financial groups. Across the globe were 150000 colleagues striving to make a difference for every client organization and community we serve. We stand for our values building long-term relationships serving society and fostering shared and sustainable growth for a better world.With a vision to be the worlds most trusted financial group its part of our culture to put people first listen to new and diverse ideas and collaborate toward greater innovation speed and agility. This means investing in talent technologies and tools that empower you to own your career.Join MUFG where being inspired is expected and making a meaningful impact is rewarded.OVERVIEW OF THE DEPARTMENT/SECTIONIn MUFG we are committed to being the worlds most trusted financial group. A key pillar of this commitment is the establishment of the Global Financial Crimes Division (GFCD) headquartered in New York. GFCD works to ensure that our organisation conducts its business such that we protect our reputation our business and our clients from financial crime risk within the regulatory and legal framework that we operate. As a key element of the GFCD framework we have a dedicated Anti-Money Laundering (AML) function. The AML function is staffed by a team of high-caliber professionals providing subject-matter expertise in relation to the design implementation and oversight of appropriate systems and controls to prevent the organization from being targeted by criminals for the laundering of the proceeds of criminal activity. We work closely with other core areas of GFCD including Sanctions and Anti-Bribery and Corruption to embed a culture of financial crime risk awareness and compliance throughout the organization.In EMEA the AML function supports the development and maintenance of a systems and controls framework across our EMEA branch and subsidiary network promoting regional harmonization.We are seeking articulate motivated AML professionals to join our function to provide high-quality advice to our core business areas on the assessment mitigation and management of money laundering risk. We are seeking individuals that can assist MUFG in developing a gold-standard approach in line with industry best-practice.MAIN PURPOSE OF THE ROLEAs an Assistant Vice President in the Financial Crimes Office for EMEA you work as part of a team that contributes to the operation of the financial crime compliance framework. Thus your responsibilities and accountabilities include but are not limited to implementing and overseeing the AML program in a business as usual environment to mitigate the financial crime risks.In summary this role requires:Supporting the drive for compliance with MUFGs global policies;Resolving issues identified via MUFGs testing functions audits regulatory exams programmatic reviews and quality assurance efforts in collaboration with other teams in FCOE related to AML matters.Ensuring key processes are run efficiently to deliver quality and reliable information to support the firms business growth and control procedures. Developing and integrating these processes with the equivalents in MUFG to deliver a first-class EMEA team.Providing support and logistic arrangements to enable FCOE to deliver its change programme efficiently and effectively across the EMEA region with specific responsibility for the management of AML-related projects.In all your activities ensure that the legal entity integrity of MUFG Bank Ltd is respected escalating to your supervisor if you identify any actual or perceived conflicts of interest between them.KEY RESPONSIBILITIESContribute to the implementation of and compliance with group policies and procedures governing MUFGs financial crime control framework related to AML (including KYC);As Issue Owner support the management and resolution of issues identified via the testing functions audits regulatory examinations the Global Rollout gap analysis exercise and quality assurance;Ensure that EMEA is implementing and operating an end-to-end process for AML (including KYC) with appropriate controls in place to ensure the effectiveness of these processes. Where the Financial Crime Operations is delivering these processes the program team will provide oversight of how FCOE Operations is delivering this service to London and the rest of the countries in the EMEA region; including oversight of offshored/outsourced activities.Prepare and deliver responses to regulatory enquiries coordinating and providing subject matter expertise with regard to regulatory examinations and visits in the EMEA region; andSupport oversight of implementation of GFCD initiatives related to AML (including KYC) including system rollout and new policy/procedure implementation.Organise and chair key Regional working groups (AML & KYC) and Service Review Meetings Oversight of all Inter Affiliate Agreements (IAA) relating to AML tasks and systems.Governance and Oversight of key AML metrics reported at Regional and Global ForumsThe role is also responsible for:Participating and occasionally representing FCOEs interests in projects across MUFG.Developing a good understanding of the broader banking and regulatory environment keeping up to date with developments and their impact on MUFG.WORK EXPERIENCEEssential:Demonstrable experience in a KYC/Transaction Monitoring in a second line function/consultancy.A strong knowledge of banking and associated systems and controls for Financial CrimeSKILLS AND EXPERIENCEFunctional / Technical Competencies:EssentialA good understanding of bankingA broad understanding of Financial Crime risk (AML and/or KYC)Strong subject matter expertise in AML and/or KYCExperience with supporting remediation activities and/ or liaison with auditPreferred:Good understanding of AML/ KYC systems and controlsGood conceptual understanding of risk compliance and controlsProject management experience.Good understanding of Trade Finance products financial crime risks and due diligence requirements.Experience on payment regulations and the related financial crime risks.Education / Qualifications:EssentialA Levels or equivalentPreferred:DegreeRelevant QualificationPERSONAL REQUIREMENTSExcellent communication skillsA proactive motivated approach.The ability to operate with urgency and prioritise work accordinglyStrong decision making skills the ability to demonstrate sound judgementA structured and logical approach to workStrong problem solving skillsA creative and innovative approach to workExcellent interpersonal skillsThe ability to manage large workloads and tight deadlinesExcellent attention to detail and accuracyA calm approach with the ability to perform well in a pressurised environmentStrong numerical skillsExcellent Microsoft Office skillsWe are open to considering flexible working requests in line with organisational requirements.MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued respected and their opinions count. We support the principles of equality diversity and inclusion in recruitment and employment and oppose all forms of discrimination on the grounds of age sex gender sexual orientation disability pregnancy and maternity race gender reassignment religion or belief and marriage or civil partnership.We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.Required Experience:Exec Key Skills Presentation Skills,Risk Management,Financial Services,IFRS,Banking,Pricing,Analysis Skills,Securities Law,Investment Banking,Relationship Management,Strategic Planning,Leadership Experience Employment Type : Full-Time Experience: years Vacancy: 1