Global EDD Operations, Team Lead - Vice President

About the role

The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.

Responsibilities

• Effectively manage a team of Analysts responsible for conducting a variety of KYC FI client reviews of varying complexity, requiring a level of experience to effectively assess client’s risk profile inclusive of its AML/Sanctions/AB&C program, adverse media, PEP and sanctions exposure, and provide holistic risk assessment of the potential financial crime risks.
• Provide guidance to Analysts conducting transactional analysis and data cleansing of clients’ activity inclusive of identifying high-risk indicators, downstream correspondent activity (Nested activity) as well as evaluate information that does not align to clients’ expected activity.
• Review and identify areas of risk regarding the FI customers AML program, through Wolfsberg CBDDQ / FCCQ responses and analysis. Raise questions as it relates to areas of risk and evaluate client responses.
• Ensure and oversee the operations for accurate (QC) and on-time completion of reviews performed by the Analysts and ensure necessary escalations of identified financial crime risks and issues.
• Act as a strong partner with MUFG client on-boarding teams, Relationship Managers and local and regional Financial Crimes teams (AML, Sanctions, Anti-bribery & Corruption etc.), and partner with teams internal to the Global FI EDD Operations (EDD Support Unit and FI-EDD Ops Program Execution, Oversight & Design team members).

  Qualifications

  • Strong knowledge of KYC and experience in Foreign Correspondent, Wholesale Banking and product risks associated with cross-border transaction banking and payments; trade finance; remote deposit collection; pouch; FX; and derivatives; and client risks associated with foreign financial institutions and non-bank financial institutions.
  • Knowledge and experience with FATF and Wolfsberg guidance on AML and sanctions related to correspondent banking.
  • Ability to research and investigate complex FI clients and understand their business need to conduct transactional analysis accordingly.
  • Strong proficiency in Microsoft Excel to cleanse, develop and interpret data, and produce reports.
  • Excellent analytical skills to develop financial/statistical data and reports and evaluate flow of funds on complex relationships.
  • Demonstrated knowledge and ability to identify and evaluate various white-collar crime, general fraud and money laundering schemes.
  • Knowledge of outside resources to perform advanced enhanced due diligence.
  • Able to synthesize information from multiple data sources into a clear evaluation and recommended actions.
  • Able to make risk decisions within established policy and procedure and understand when to escalate issues to management for further direction.
  • Excellent verbal, written, and interpersonal communication skills.
  • Ability to successfully lead and manage direct reports, including training, mentoring, and counseling.
  • Ability to work with multiple lines of business RMs and senior management.
  • Strong collaboration and interpersonal skills with the ability to manage multiple assignments concurrently and meet critical deadlines.
  • Strive to demonstrate strong leadership and management skills that build solid working relationships within the Bank.

    Requirements

    • Bachelor’s Degree required, CAMS Certificate preferred or equivalent work experience.
    • 3 to 5 years management experience, preferably in a BSA / AML environment.
    • Minimum of 5 years of direct work experience in risk analysis, accounting, investigative, or equivalent with related experience in, or another related area of banking.
    • Investigative background preferred.