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Global Sanctions Advisory, Vice President
Mitsubishi UFJ Financial Group
New York, NY, United States
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Description
Discover your opportunity with MUFG Bank, the 5th largest financial group in the world with total assets of over $2.4 trillion (as ranked by SNL Financial, April 2016) and 140,000 colleagues in nearly 50 countries. In the U.S., we’re 13,000 strong, working together to positively impact every customer, organization, and community we serve. We achieve this by delivering on our values, putting people first, fostering long-term relationships built on honesty and mutual understanding, and inspiring the best in each other. This is all part of our inclusive, high-performing culture supported by Total Rewards that include our cash balance pension plan. Join a team that’s working to fulfill its vision to be the world’s most trusted financial
Major Responsibilities:
• Monitor the level of compliance risk, compliance issues and compliance weakness by reviewing documentation (reports) which are received from the local offices and the compliance managers, review of all examination results.
• Review and establish the inventory or regulatory requirements that apply to the Bank, coordinate with the Legal Office and then assist in mapping such regulations to the Bank's Policies as well as regulatory requirements not covered by specific Bank Policies.
• Review and ensure that the Risk Assessment process is current and includes the proper risk factors in order to calculate both inherent risk as well as residual risk by identifying procedures and controls in place to mitigate inherent risk.
• Coordinate with the business units and Compliance Officers/BLCOs to ensure the Risk Assessment is applied to all Bank Policies for which CoDA is responsible and review such policies for possible revisions based on result of annual compliance risk assessment.
• Special Projects as required.
Qualifications
• 7-10 years of experience in compliance and risk management – with a focus on sanctions.
• Strong understanding of US banking regulations.
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.
We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category.
A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it’s the bank’s policy to only inquire into a candidate’s criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.