MUFG Union Bank AML Investigator I - Analyst (Hybrid AZ or CA) in Brea, California
Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world. Across the globe, we’re 180,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.
With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.
Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.
This is a hybrid position. There are flexible work from home options available. A member of our recruitment team will discuss the options with you in more detail.
The AML Investigator is responsible for conducting extensive, complex investigations to identify potentially suspicious financial and/or fraudulent activity, including money laundering, terrorist financing, fraud, other financial risks, or crimes. The AML Investigator makes recommendations to the AML Financial Intelligence Unit Manager regarding suspicious activity and is responsible for preparing Suspicious Activity Reports (“SAR”) in compliance with established regulatory guidelines and time frames.
Following established guidelines and procedures, perform routine compliance tasks and handle routine compliance issues, typically concerning documentation, reporting, etc.
May assist in monitoring regulatory issues.
Review and research suspect items and/or transactions and report suspicious activity, as required
Taking what is recommended from the alert adjudicators and analysts; the AML Investigator would research and determine if something is suspicious, and then create SARs.
Communicate activity and trends that could be related to potential money laundering or terrorist financing to with the AML Compliance Manager
Apply knowledge of company policies and standard practices to resolve problems
Analyzes issues and use judgment to make decisions.
Escalates non-standard problems or issues as needed
Stay apprised of regulatory matters and developments through regular review of appropriate compliance publications and websites and by participating in relevant compliance conferences and other training events.
Bachelor’s degree and/or equivalent relevant experience.
Minimum 1-3 years in banking, with a strong emphasis on BSA, AML and OFAC laws and regulations.
Knowledge of the laws applicable to money laundering, to include the BSA, The Patriot Act, U.S. Treasury AML guidelines, OFAC requirements and Suspicious Activity Reporting requirements.
Understanding of banking and financial services, including an understanding of the various types of products, services, and transactions that are typical for a Branch
Analytical/Investigative skills to determine unusual or possible suspicious activity regarding transaction or account activities
AML experience within Correspondent Banking accounts.
Experience in analyzing/managing the financial crime investigative processes and preparing/writing SARs (Suspicious Activity Reports).
Ability to interact with senior managers and compliance subject matter experts
Process-oriented with a strong ability to develop appropriate program enhancing strategies •Detail-oriented and organized
Collaborative with strong interpersonal and communication skills
CAMS certification preferred but not required
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 on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.