MUFG Union Bank Analyst, Compliance - Financial Crimes (1 year Fixed Term Contract) in Dubai, United Arab Emirates
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.
- Assist in establishing and maintaining the Branch’s Anti-money Laundering &
Combating Terrorist Financing (CTF), KYC and Sanctions policies, procedures,
systems and controls to ensure compliance with legislation applicable in both
regulatory jurisdictions, UAE & Qatar.
Perform accurately the day-to-day operations related to Sanctions, Anti-money laundering & CTF and KYC policies, procedures, systems and controls;
Assist in taking appropriate actions following the receipt of an internal Suspicious Transaction Report from the staff;
Responding promptly to any request for information made by competent authorities ;
Receiving and acting appropriately upon any relevant findings, recommendations, guidance, directives, resolutions, sanctions, notices or other conclusions described in regulatory requirements.
Establishing and maintaining an appropriate Anti-money laundering & Sanctions training programme and adequate awareness arrangements;
Carry out client due diligence for all new clients, and KYC reviews of existing clients in line with company Policy and regulatory requirements as part of the bank’s client onboarding processes;
Attend to AML/Sanctions/ Customer Screening alerts using the respective systems and ensure accurate investigation and timely escalation/closure of those alerts; and
Assist upon demand on the development of Anti Bribery & Corruption and Fraud Risk Assessments including investigations.
Provide support in compliance related projects / assignments / system implementations
- Any other assignment requested from time to time by the Head of Compliance – Middle East or Senior Management
- University degree or equivalent (BA or MBA)
At least 5 years’ experience in regulation and compliance is essential.
Strong banking experience (international preferable)
Knowledge of the GCC regulatory framework
- Experience of managing staff and existing relationships with Middle East regulators is desirable
Functional/Technical Skills and Knowledge requirements
With particular exposure to financial crime and familiarity with conflicts of interest management, the successful candidate must demonstrate technical competence, an ability to represent the firm with regulators and good business understanding
Fluency in English essential, both written and verbal
- Fluency in Arabic, both written and verbal is desirable
We are open to considering flexible working requests in line with organisational requirements.
MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.
We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.