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MUFG Union Bank Transaction Banking Professional II, Assistant Vice President in Monterey Park, California


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) with total assets of over $2.9 trillion (106.2 (JPY) as of March 30, 2018) and 150,000 colleagues in more than 50 countries. In the U.S., we’re 13,000 strong, working together to positively impact every customer, organization, and community we serve. We achieve this by delivering on our values, putting people first, fostering long-term relationships built on honesty and mutual understanding, and inspiring the best in each other. This is all part of our inclusive, high-performing culture supported by Total Rewards that include our cash balance pension plan. Join a team that’s working to fulfill its vision to be the world’s most trusted financial group.

Job Summary:

The Trade Services Operations (TSO) Transaction Banking Professional II position will be located in Monterey Park, California. In this role, you will be reporting directly to the TSO Control & Monitoring manager. You will act as the front-line of defense in monitoring daily Office of Foreign Assets Control (OFAC) andAnti-Money Laundering (AML) related issues for Trade Service Operations. In this position, you will utilize your deep understanding of OFAC regulatory requirements as they relate to international Trade Finance products and documentation. Additionally, a deep understanding of Trade Finance products including, Import, Export, and Standby Letters of Credit, and International Collections is necessary.

You will be able to independently review Trade documentation to identify compliance issues and questionable activity; monitor and decision transactions routed as potential OFAC hits and regulatory violations; have a deep understanding of all regulatory requirements relating to Trade Finance products, including BSA/AML, OFAC, and Antiboycott. In order to be successful, you will be very detail orientated and a highly ambitious individual.


Major Responsibilities

  • You will lead the team responsible for dispositioning Trade Finance transactions in the Trade360 and HotScan OFAC compliance queues. Ensure transactions are accurately dispositioned, within the established SLA.

  • You will assist in managing the daily activities of seven Compliance Analysts to ensure all daily AML-related tasks are completed accurately

  • You will supervise the development of, including recommending and implementing, cost effective compliance strategies, policies and procedures.

  • You will monitor and ensure compliance within the area of responsibility by being able to:

  • Detect deficiencies or violations of applicable laws and regulations

  • Bring compliance issues to the attention of the TSO Control & Monitoring Manager, TSO Sr. Manager, and the second line of defense, as appropriate.

  • Design and coordinate corrective action, as appropriate.

  • Ensure all compliance related procedures are maintained, and kept up to date.

  • Keep up-to-date on changes in federal and state compliance laws and regulations and ensure that line managers are adequately informed.

  • You will initiate and coordinate changes necessitated by new or revised laws and regulations impacting the area of responsibility, including changes in policy and procedural manuals.

  • You will assist the business unit and/or marketing in developing new products to ensure early recognition and resolution of compliance concerns prior to implementation.

  • You may assist with coordination of regulatory examinations by federal regulators, or other internal or external auditors.


  • You will have a minimum of four years of related experience in Trade Finance products, international products, or international operations.

  • You will have thorough working knowledge of Federal Regulations (OFA, AML, Anti-boycott), Internal Control principles, and/or Audit principles and techniques.

  • You will have well-developed communications skills, analytical and project management skills.

  • You will be proficient in Microsoft Office suite of applications.

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: Transaction Banking

Primary Location: CALIFORNIA-Monterey Park

Schedule Full Time

Shift Day

Req ID: 10028648-WD