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Global Financial Crimes Compliance Testing, Vice President

at MUFG Americas

Posted: 4/9/2019
Job Status: Full Time
Job Reference #: 10023952-WD

Job Description

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world (as ranked by S&P Global, April 2018) with total assets of over $2.9 trillion (106.2 (JPY) as of March 30, 2018) and 150,000 colleagues in more than 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.

Job Summary:

Responsible for supporting the Global Financial Crimes Compliance Testing (GFCCT) function and leading, or participating on as an individual contributor, a testing team in performing deep dives and targeted risk-based thematic reviews of financial crimes compliance (AML, Sanctions, ABC) processes globally with an emphasis on the design and effectiveness of measures (controls) taken to monitor and mitigate financial crimes risk.
Major Responsibilities:

Lead, or participate on, a team of testers in conducting and supporting financial crimes compliance reviews for BTMU branches globally, that evaluate the effectiveness of existing financial crimes compliance , as well as the design and implementation of relevant controls, such as escalation processes, documentation of policies and procedures, reporting, list screening, regulatory change management, governance framework, and training
Develop test plans, scripts, procedures, and sampling methodologies that incorporate regulatory expectations, industry developments and lessons learned from regulatory finding and internally identify issues by compliance testing and internal audit
Assist in implementation of a coordinated, consistent and risk-based AML, Sanctions and ABC testing program
Assist in developing and maintaining quality control processes to drive adherence to Global Testing Standards
Assist in the drive of central coordination, governance, and reporting, leveraging regional structures and best practices
Prepare/review reports summarizing the objectives, scope, findings and conclusions of completed testing
Assist in the validation of Management Action Plans designed to address remediation efforts and testing review findings
Coordinate with Issues Management to monitor and track resolution of financial crimes testing findings
Assist with establishing appropriate testing management routines and ensure proper awareness of testing review results through reporting and other means
Monitor developments, such as changes in the regulatory environment, which may necessitate ad hoc testing
Support general compliance activities and other duties, including special projects as assigned

BA/BS Degree; JD , CPA and/or CAMS a plus
At least 7 years of experience within the financial crimes area of a global bank, consulting firm or regulatory agency
Experience with compliance testing, quality control/assurance processes and/or internal/external audits
Minimum of 3 to 4 years of experience leading testing efforts in, or exposure to, quality control or quality management functions and results
Knowledge of financial crimes compliance laws and regulations
Excellent judgment and analytical skills
Test script/procedure creation and/or experience with the test scripting process
Experience in leading diverse testing teams
Strong written and verbal communication skills
Some travel may be required, domestic and international
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.

Application Instructions

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