MUFG Union Bank Electronic Banking Risk and Compliance Analyst 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. 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.
This is a hybrid position. There are flexible work from home options available. A member of our recruitment team will discuss the options with you in more detail.
Responsible for reviewing and monitoring complex ACH risk matters and communicating this information to Management and line personnel as needed. Assist Electronic Banking Risk Management Officer and Electronic Banking Compliance Manager monitor ACH activity as it relates to the Bank wide ACH Risk Management Policies, Procedures and Program. Major Responsibilities:
Responsible for monitoring ACH origination and receiving transactions identifying unusual patterns and trends. Complete detailed Questionable Activity Reports (QAR) as needed.
Responsible for monitoring ACH Originator Activity: Authorized Standard entry class, appropriate transactions for type of business, returns, trend analysis. Ensure complete and appropriate documentation is maintained. Collect, compile, and report research and analysis findings.
Requires close working relationships with Corporate Compliance, Financial Investigations Unit, Loss Prevention as well as Relationship and Deposit Managers, as needed. Monitor and review ACH origination processing to ensure bank Originator's compliance with Bank policies and procedures.
Monitor/Research ACH origination activity to identify potential third party senders.
Assist Electronic Banking Risk Management Officer to ensure bank wide compliance with ACH Risk Management Policies, Procedures and Program.
Assist in the compilation of Electronic Banking trends and statistical reporting to Board of Directors and/or their designee, ERMC and Senior Management.
Responsible for performing risk analysis as it relates to the above monitoring, referring the most complex issues to appropriate Management.
Actively ensure compliance with the Bank's Business Standards of Conduct and all Patriot Act, CIP, Anti-Money Laundering, Bank Secrecy Act, Information Security and Suspicious Activity Reporting requirements, Regulation E, NACHA ACH Rules, OFAC, and other regulatory and compliance policies and procedures.
Must have a minimum of two years ACH experience.
Must be able to demonstrate a good understanding of BSA/AML regulations as they relate to electronic payments.
Should have previous investigative background with a strong understanding of risk analysis.
Related experience in banking helpful. Must be able to demonstrate strong business knowledge and skills.
Excellent verbal, written, and interpersonal skills.
Strong ability to analyze, communicate, and make recommendations effectively regarding regulations to Bank personnel.
Proficiency in MS Excel/MS Office Suite and Business Objects. Accredited ACH Professional certification preferred.
Must be able to successfully pass AAP exam as well as all Bank certifications within one year of employment.
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 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.