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Sanctions Advisory & Oversight for the Americas, Vice President

at MUFG Americas

Posted: 2/7/2019
Job Status: Full Time
Job Reference #: 10024986-WD
Keywords:

Job Description

Sanctions Advisory & Oversight for the Americas: Vice President


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:


The Vice President, Sanctions Advisory & Oversight will provide advanced sanctions advisory support and have primary responsibility for program oversight for MUFG Bank, Ltd (formerly BTMU) across the Americas region, particularly in Latin America. The position supports the Americas Sanctions Compliance team to ensure bank compliance with U.S. economic sanctions requirements, including, but not limited to sanctions with respect to terrorists, narcotics traffickers, weapons proliferators, jurisdictions, and other parties subject to U.S. economic sanctions. The successful candidate will have subject matter expertise in OFAC regulations and experience implementing OFAC programs in global financial institutions.


Requires comfort with operating in a fast paced environment involving multiple jurisdictions.


Major Responsibilities:


Responsibilities include, but are not limited to:


  • Providing sanctions advisory support and assists with program oversight to the Bank;

  • Oversee the sanctions compliance programs across MUFG's Latin American branches with responsibility for implementing heightened global standards and ensuring that control issues are identified, tracked and comprehensively remediated according to established deadlines.

  • Providing intensive sanctions subject matter expertise for risk assessment reviews and drafting documents; includes annual risk assessment and ongoing reviews of Bank products, services and other activities;

  • Effectively communicate and interact with broad range of people, including senior management (Branch General Managers and Executive C-Suite leadership in MUFG Americas) across business lines and support areas;

  • Ensuring processes, policies, procedures and automated systems are effective and comply with the Global Financial Crimes Standards

  • Creating efficiencies such as the identification and analysis of the development of new processes, procedures, or alternative courses of action, where needed;

  • Contributing to the strategic direction of sanctions compliance, includingleading the governance of sanctions related projects within the Americas region

  • Ensuring issues are escalated, documented, and resolved;

  • Assisting sanctions-specific, regional training;

  • Providing subject matter expertise, particularly for testing, audit and regulatory reviews;

  • Reviewing and assessing operational impact of internally distributed Sanctions guidance;

  • Developing junior staff;

  • Supporting general compliance activities across the organization and other duties, including special projects, as assigned; and

  • Other sanctions compliance duties, as needed.


Qualifications:


The successful candidate should have the following experience:

  • Minimum of 6 years of experience working in sanctions compliance at a financial organization and/or in a regulatory agency charged with sanctions oversight; experience working at the Office of Foreign Assets Control (OFAC) is highly desirable;
  • Knowledge and expertise in the laws and regulations administered by OFAC; experience in developing and implementing a holistic sanctions compliance program to meet OFAC requirements at a complex, global financial institution;
  • Ability to maintain effective working relationships with regulators externally and key internal stakeholders in a global, cross-cultural, matrixed environment;
  • Analytical, evaluative and constructive thinking skills;
  • Strong management and collaboration skills desirable;
  • Excellent written and verbal communication skills;
  • Fluency in Spanish and/or Portuguese is highly desirable;
  • Bachelor's degree required; and
  • Ability to travel occasionally.

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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