Job Information
MUFG Global AML Advisory, Securities - Vice President in Irving, Texas
Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 120,000 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.
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.
As an AML/FCC subject matter expert in Securities, s/he is responsible for advising the Global Head of AML Advisory and relevant first-line business leaders on strategies to identify and manage the AML risks posed by Securities clients and products. S/he advises on and monitors relevant policy, control and process implementation and reports on their effectiveness.
Major Responsibilities
Ensures the delivery of high quality, timely advice to business partners on relevant AML requirements and client-specific risks.
Supports the maintenance and enhancement of Global AML standards and procedures for Securities clients across MUFG’s global businesses.
Oversees the implementation and execution of Securities-related financial crimes controls within the regions, working closely to support regional and local AML officers.
Partners with project management and transformation teams to drive organizational change and enhance financial crimes controls.
Assists with the creation and development of relevant global AML training materials.
Regularly coordinates with other areas of the Global Financial Crimes Division to build partnerships and best practices.
Regularly engages with relevant first-line business leaders to support their AML risk-management efforts.
Oversees the timely identification, resolution, and, as appropriate, escalation of client or control issues to the Global Head of AML Advisory.
Coordinates risk re-evaluation and reviews of client relationships globally in conjunction with other GFCD and first-line business units; analyzes the findings of the risk reviews and making recommendations to maintain or exit a relationship with coordination across regions on consensus and decision making.
Remains current on industry and regulatory developments, best practices and standards.
Liaises with regulators and supervisors in connection to regulatory issues, as required.
Serves as an escalation point for the business and other GCFD members on investigations, client due diligence issues, etc.
Experience
Deep subject matter expertise in the Securities industry.
Demonstrated experience providing AML advice for Securities sales and trading, capital markets, and/or investment banking business lines.
Demonstrated knowledge of AML risks for Securities products.
Proven track-record of providing timely, practical advice to business partners, balancing AML risk with support for execution of business processes.
Demonstrated knowledge and expertise of banking laws and regulations administered by the US and major international regulatory and standards-setting bodies.
Focuses relentlessly on developing efficient compliance strategies that balance financial crimes-related risk with business strategies and priorities.
Experience leveraging investigative output and financial crimes intelligence in assessing and managing AML risk across the enterprise.
Demonstrated ability to manage multiple projects simultaneously: a recognized leader with a track record of delivering change in complex, time-sensitive environments.
Thorough understanding of an effective financial crimes risk management framework and effective AML controls.
Collaborative mindset with strong interpersonal communication skills and an ability to navigate a complex matrix environment and to influence outcomes across organizational boundaries.
Experience working in a global financial institution environment with multiple stakeholders in different jurisdictions.
The ability to interact effectively at all levels of the organization, including Bank staff, management, directors and regulators.
Ability to work autonomously and initiate and prioritize own work.
Solid judgment and established negotiation skills.
Ability to balance regulatory requirements with the best interests of the Bank and its customers.
Position will require domestic and international travel, with overall travel up to 20% of the time.
Education
Typically requires 8-10 years of financial industry and compliance experience, preferably within a global organization.
Strongly preferred: BA or BS Degree (equivalent professional experience may be considered in lieu).
Preferred: MBA or Master’s degree in Business, Accounting, Legal or related field.
Nice to have: CAMS, CFCS, CFE or similar anti-financial crime certification.
The typical base pay range for this role is between $104k-$161k depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.
MUFG Benefits Summary (https://careers.mufgamericas.com/sites/default/files/document/2023-01/mb-live-well-work-well.pdf)
We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.
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 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.
At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!
Our Culture Principles
Client Centric
People Focused
Listen Up. Speak Up.
Innovate & Simplify
Own & Execute