AVP – Global Financial Crimes Compliance Testing

About the job

About Us: MUFG Bank, Ltd. is Japan’s premier bank, with a global network spanning in more than 40 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. MUFG Bank’s parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, the Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to be the world’s most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges. MUFG Global Service Private Limited: Established in 2020, MUFG Global Service Private Limited (MGS) is 100% subsidiary of MUFG having offices in Bengaluru and Mumbai. MGS India has been set up as a Global Capability Centre / Centre of Excellence to provide support services across various functions such as IT, KYC/ AML, Credit, Operations etc. to MUFG Bank offices globally. MGS India has plans to significantly ramp-up its growth over the next 18-24 months while servicing MUFG’s global network across Americas, EMEA and Asia Pacific. About the Role: Position Title: FCOE – Global Financial Crimes Compliance Testing Corporate Title: AVP Reporting to: Vice President, Compliance Location: Bangalore Job Profile: Purpose of Role: This Financial Crimes Compliance Systems Testing, AVP role is in the Global Financial Crimes Division of MUFG Bank, Ltd. This role will be based in the EMEA region and will be required to execute testing of Financial Crimes Compliance systems and tools in accordance with the global testing plan. Main Responsibilities: • Assist in development and execution of the Global Financial Crime Systems annual testing plan. • Assist with FC systems testing activities in the EMEA region, including end-to-end systems testing between primary source systems and target systems such as sanctions screening, transaction monitoring, or other Financial Crimes (FC) systems to ensure the completeness and accuracy of transaction/customer data, to detect control breaks and mitigate financial crimes risk. • Understand business process flows, data flows and mapping, system specifications, key data elements, along with related compliance technology components. • Perform technical data analysis of payments related data, customer data, and transactional data in various formats, document results and develop detailed documentation of the analysis performed. • Prepare written reports which summarize the Objectives, Scope, Findings and Conclusions for each assigned review. • Assist in the identification of controls and compliance issues, assess and document the related risk, and make reasonable recommendations for resolution. • Stay abreast of current trends in data management, compliance testing and developments concerning BSA/AML/Sanctions, fraud schemes, and information security issues. • Assist in other projects or related duties as required. • Up to 10% of travel may be required. Candidate Profile: Skills and knowledge: • 3+ years of experience in Financial Services, preferably in AML, Sanctions, Wire Payments, or Correspondent Banking • 3+ years of data analytics experience using SQL and related tools (SAS, Python, Alteryx, etc.) • Strong command over Microsoft Office Suite (i.e. Excel, MS Access, PowerPoint and Word) • Understanding of system architecture and functionalities of FC systems is highly desirable. • Ability to perform data analysis and develop detailed documentation around data flows involving settlement systems, screening and monitoring systems. • Experience in coordinating systems testing processes, including test planning, test case preparation, execution, and defect management. • Strong verbal and written communication skills • Ability to work under minimal supervision. Education & professional qualifications: • BA/BS Degree required; Masters preferred; ACAMS or relevant professional qualification is a plus. • 10-15 years of experience in KYC is essential for this role.

Requirements

• Financial Crimes Compliance
• Data Analysis
• System Testing

Qualifications

• BA/BS Degree
• Masters preferred
• ACAMS

Preferred Technologies

• Financial Crimes Compliance
• Data Analysis
• System Testing

About the company

MUFG Bank, Ltd. is Japan’s premier bank, with a global network spanning in more than 40 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. MUFG Bank’s parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, the Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to be the world’s most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges.