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MUFG Union Bank Onboarding & KYC Analyst in Jersey City, New Jersey


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 (as ranked by S&P Global, April 2018). In the Americas, we’re 13,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, developing positive relationships built on integrity and respect. It’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. We’re a team that accepts responsibility for the future by asking the tough questions and owning the solutions. Join MUFG and be empowered to make your voice heard and your actions count.

Know Your Customer (KYC) Analyst are responsible for completing CIP, CDD, EDD for KYC files for new and existing customers and maintenance of customer data in support of Front Office business lines. Process includes performing KYC research and related OFAC checks, compliance exemption requests and other departmental projects/assignments. Critical function is also to perform quality control by testing KYC Records and producing results/key themes to facilitate the completion of KYC records. Analysts are members of the First Line of Defense Control Office, and work closely with Relationship Managers (RM’s) and Portfolio Managers (PM’s), with Tax Operations, Regulatory Reporting teams, with Compliance Division Officers, and with other operation teams. KYC Analysts identify key risks in the current client lifecycle management process and recommend strategies for future state design to mitigate AML risks while operationalizing efficiency to reduce handle times. KYC Analysts are responsible for meeting Service Level Agreements (SLA) with various Business Units and for utilizing departmental tracking systems. KYC Analysts are responsible for following established guidelines and identifying and resolving problems. KYC Analysts are expected to use some independence of thought but to refer more complex problems to supervisors. Analyst will chip in with the work flow or process change and redesign, and to form a strong basic understanding of the customer on-boarding, KYC, and maintenance. Role may also be accountable for regular reporting or process administration as owner. The ideal KYC Analyst has experience working in a professional environment, is a strong researcher with exacting attention to detail, is an excellent written and verbal communicator, is very computer savvy, and has familiarity with operations in a financial institution.

Primary Responsibilities

  • You will perform onboarding activity and provide Subject Matter Expertise on AML/KYC, perform reviews of AML/KYC activities

  • You will coordinate directly with other areas of the bank clients to obtain relevant KYC requirements. (i.e. Risk, Compliance, Legal, Business, Operations, Front Office)

  • Respond to queries and assist with problem-solving of matters received from personnel internal to the Bank

  • Evaluate end-to-end process to assist in setting strategies and practices to develop culture of high degree of accuracy and productivity

  • You will maintain detailed tracking of KYC file status and other customer record activities to ensure completion within required timeframes

  • You will ensure desktop procedures are accurate and align with regulatory requirements by pointing out any discrepancies identified; Assist in developing new processes and necessary manuals

  • Perform root cause analysis and offer solutions and standard methodologies

  • You will ensure KYC standard/policy is used

  • Identify data quality issues and monitor resolution

  • Participate in projects and any other specials tasks assigned



  • 1 to 3 years of experience in general or Financial Crimes compliance or a JD

  • General understanding of BSA/AML/OFAC/SAR regulations

  • Organized approach and strong problem solving/facilitation abilities

  • Mature approach with excellent influential communication (verbal/written) skills

  • Strong time management,, work organization and multi-tasking skills with a drive for efficiency, accuracy and risk management controls while maintaining 100% dedication, excellent attitude and flexibility

  • Effective Internet and research skills and usage of third party tools such as Dun Bradstreet, LexisNexis, government registries, etc.

  • Proficiency in MS Office - Word, Excel, PowerPoint, Access

  • Fluent with a second language (Spanish/Japanese) is a plus

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.

Job: Operations

Primary Location: NEW JERSEY-Jersey City

Schedule Full Time

Shift Day

Req ID: 10029918-WD