MUFG Union Bank Global AML Retail & Commercial Banking Advisory, Vice President 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 2020). In the Americas, we’re 14,000 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.
The VP – Global Retail & Commercial Banking AML Advisory is a highly critical and visible role, reporting to the Head Global AML Retail and Commercial Banking Advisory within the Global AML Department and will serve as a Subject Matter Expert (SME) for the Global Anti-Money Laundering Department by providing oversight, advice and guidance on complex and high-risk AML compliance subjects. Additionally, the individual will provide support and subject matter expertise on global initiatives to ensure AML risks and solutions are defined, tested, and implemented.
The VP – Global Retail & Commercial Banking AML Advisory is responsible for working with fellow stakeholders within Global Financial Crimes Division (GFCD) and business partners to facilitate feedback on efforts related to process improvement, program enhancements, and strategic alignment with business and other company-wide programs relating to MUFG’s retail and commercial banking businesses globally.
Primary responsibilities include:
Provide AML SME guidance and credible challenge to the business units in retail and commercial banking units along with oversight of their AML processes;
Partner with regional and local financial crimes compliance functions and business units to support timely execution of business initiatives while ensuring Financial Crimes Compliance requirements are met;
Support GFCD strategic plans, policies, and procedures related to Financial Crimes Compliance;
Develop and expand Global AML’s relationships with GFCD and business partners;
Proactively identify and remediate AML risk and control issues through oversight of activities;
Provide KYC execution advice and oversight including seeing recommendations through to implementation on KYC controls;
Drive compliance with the MUFG's Global KYC Standard including associated guidance and procedures;
Identify gaps and areas for enhancement across processes and platforms in associated business units, determine appropriate solutions and lead corrective action efforts;
Other AML compliance duties, as assigned.
Bachelor’s Degree or equivalent work experience required.
7 plus years’ experience in compliance and risk management at a global, national or large/mid-size regional bank with focus in the retail, consumer, and commercial banking space.
Strong understanding of consumer and retail banking products and associated AML risks.
Knowledge of retail banking customer risk rating and transaction monitoring preferred.
Experience handling sensitive information with a high degree of discretion
ACAMS certification preferred.
Ability to maintain effective, collaborative working relationships at all levels.
Ability to manage competing priorities, work independently, and deliver results.
Strong interpersonal, verbal and written communication skills and critical thinking skills.
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.
Primary Location: TEXAS-Irving
Other Locations: ARIZONA-Tempe
Schedule Full Time
Req ID: 10039768-WD