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MUFG Union Bank Americas Financial Crimes Regional Transaction Monitoring, Director in Tempe, Arizona


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.

Role Summary:

Reporting into the Regional Head of Financial Crimes Intelligence & Analytics as well as the Global Head of Transaction Monitoring, this new position will be responsible for (i) helping to identify detection scenarios, (2) providing analytics support for developing, tuning, optimizing and modifying segmentation to improve transaction monitoring and screening systems, and (3) helping to coordinate the implementation of scenarios, which detect financial crime. The incumbent is responsible for supporting leadership to ensure a globally and regionally consistent effort that enables continuing improvement to the transaction monitoring capabilities and further mitigate potential financial crime.

Main Responsibilities:

  • In connection with the Global Financial Crimes Division (GFCD) –

o Support the development of policies and procedures for AML transaction monitoring life cycle, including reviews of scenario validation, segmentation and optimization tools.

o Support large strategic optimization and segmentation program to enhance and tune MUFG’s GFCD Transaction Monitoring Program.

o Recommend customer segmentation and optimization for MUFG’s GFCD monitoring system across multiple lines of business.

o Help develop of models involving tuning, calibration, segmentation and optimization.

o Perform model validation, memorializing model selection rationales and defined assumptions.

  • Coordinate with GFCD and regional Intelligence & Analytics team members on implementation of the global model.

  • Work collaboratively with Compliance and Financial Crimes staff in MUFG’s branches as well as across functional teams within GFCD to ensure effective and efficient operations with clearly defined roles and responsibilities.

  • This Americas role TM will provide support all Transaction Monitoring initiatives for the Americas region: Canada, US, Mexico, and Brazil.


Position Requirements:

  • 10 plus years of banking or financial services experience. 7 plus years’ experience designing, analyzing, testing and/or validating BSA/AML models, and/or OFAC sanctions screening models.

  • Familiarity implementing, testing or evaluating performance of financial crime and compliance systems.

  • Proven track record of strong quantitative testing and statistical analysis techniques as it pertains to BSA/AML models, including name similarity matching, classification accuracy testing, unsupervised/supervised machine learning, neural networks, fuzzy logic matching, decision trees, etc.

  • Familiarity of current compliance rules and regulations of the FRB, SEC, OCC, FATF, FinCEN, OFAC, and familiarity with USA PATRIOT Act, BSA/AML and OFAC screening regulations.

  • Prior experience designing compliance program tuning and configuration methodologies, including what-if detection scenario analytics, excess over threshold, and sampling above/below-the-line (ATL/BTL) testing.

  • Working knowledge of one or more of the following programming platforms: SAS, Matlab, R, Python, SQL, VBA, etc.

  • Familiarity with vendor models like Hotscan, Actimize SAM/WLF, SearchSpace, RDC, Bridger Insight, ACE Pelican, TCH OFAC Screening (EPN), FICO Credit/Debit, Guardian Analytics, and ThreatMetrix.

  • Strong knowledge about model risk management and associated regulatory requirements

  • Bachelor's degree in statistics, mathematics, quantitative analysis, economics or related field is required. Advanced degree preferred.

  • Experience interacting with the Executive Committee Leadership, control function leadership, and compliance subject matter experts

  • Proven excellence in execution in complex and demanding situations

  • Collaborative with strong interpersonal communication skills

  • Systemic thinker across enterprise

  • Process oriented coupled with a strong ability to develop appropriate program enhancing strategies

  • Detail-oriented and organized execution

  • Executive level presentation skills

  • An Enterprise Risk Management perspective

Additional skills

  • Experience interfacing with banking regulators and enforcement staff

  • Thorough understanding of an effective financial crimes risk management framework

  • Demonstrated ability to manage multiple projects simultaneously

  • The ability to interact effectively at all levels of the organization, including Bank staff, management, directors and prudential regulators

  • Ability to work autonomously and initiate and prioritize own work

  • Ability to work with teams of project managers

  • Solid judgment, strong negotiating skills, and a practical approach to implementation – including knowledge of Bank systems

  • Ability to balance regulatory requirements with the best interests of the Bank and its customers

  • Knowledge of Statistical Modeling a plus

The above statements are intended to describe the general nature and level of the 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: Risk & Compliance

Primary Location: ARIZONA-Tempe

Schedule Full Time

Shift Day

Req ID: 10029827-WD