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Global Financial Crimes Standards, 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 group.
Major Responsibilities:
Within the Global Financial Crimes Department (GFCD), the Vice President - Anti-Money-Laundering (AML) Standards reports into the Global Head of AML Standards and is responsible for providing subject-matter expertise in the development and revision of global AML Policies and Standards, monitors compliance with those standards, governs exceptions, and works with key stakeholders to develop and monitor plans to remediate and enhance program elements across regions and branches.
• Draft, review, revise, monitor compliance with and enforce Global Policies and Standards related to KYC and AML, including the Bank’s Client Risk-rating Methodology
• Review, approve and govern interim and permanent exceptions and dispensations to Policies and standards from regions and countries
• Develop Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs) for relevant Policies & Standards
• Monitor alignment of global KRIs, KPIs and the global risk assessment
• Develop global procedures, as appropriate, to support implementation of Global AML Policies, Standards and best practices
• Support implementation of the GFCD branch roll-out
• Support Japan country team engagement during FATF mutual examination in 2019
• Support regulatory engagements
• Provide SME Support to GFCD Ops/Training and Strategic Communications
• Support the MUFG Culture of Compliance, with an emphasis on financial crime risk awareness and accountability across the three lines of defense
Qualifications
• Typically requires at least 8 years of financial industry compliance experience, preferably within a global organization
• BA or BS Degree; MBA or Master’s degree in Business, Accounting, legal or related field preferred
• Demonstrated knowledge and experience in compliance with banking laws and regulations administered by the Federal Reserve Bank, OCC and state banking regulators; compliance risk management and regulatory oversight
• Deep subject matter expertise in financial-crime and terrorism-financing trends, developments and risk-mitigation strategies
• Collaborative with strong interpersonal communication skills
• Experience in developing global KRIs and KPIs
• Knowledge and experience with Wolfsberg guidance on AML and sanctions
• Detail oriented and proven execution abilities
• The ability to interact effectively at all levels of the organization, including Bank staff, senior management, directors and prudential regulators
• Past enterprise risk management experience/perspective
• Thorough understanding of an effective financial crimes risk management framework
• Ability to work autonomously and initiate and prioritize own work
• Solid judgment, established negotiation skills
• Ability to balance regulatory requirements with the best interests of the Bank and its customers
• Excellent written English, with proven ability to research and write accessible, clear Policies & Standards documents and reports for a range of audiences
• Excellent oral communication skills, with ability to engage different audiences, convey complex information in an accessible way and prepare and give presentations to different audiences
• Position will require international travel, with overall travel up to 15% of the time.
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.