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MUFG Union Bank Wires Risk, Analyst III 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 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.

Job Summary:

The Analyst is responsible for completing all the daily activities relating to:

  1. OFAC, Japanese Foreign Exchange Law (JFEL), BSA/AML, and various other Compliance related matters as they pertain to the business conducted by the Money Transfer Group across multiple operational shifts (starting at 9:00 PM on the day prior to the next business day, and ending when the FED system closes or department’s job processes finish, normally at 6:45 PM).

  2. Database Maintenance (When required, update Pre-Advice limits on GPP accounts in accordance with requests from the various business units, FED Caps Monthly Update, SWIFT, NATS & FED weekly updates).

  3. Management Reporting functions.

  4. Completing on a timely and accurate manner the monthly SOX (Sarbanes-Oxley Act) tests of MTD control procedures.

Major Responsibilities:

Ensure MTD’s adherence to BTMU’s Compliance Policies :

  • Monitor and process all manual review transactions on HotScan, based on the level of system access, ensuring that: (a) such transactions are executed within prescribed time frames, (b) identified irregularities are reported to Compliance for their review and approval, per established procedures and c) no transaction is processed without proper authorization.

  • Monitor changes to any Compliance, Legal or Trade related programs such as OFAC, JMOF, BSA/AML, etc. and any system related issues/concerns; maintain the HotScan databases, making changes to reflect program changes. Educate staff with all HotScan/Compliance related changes and enhancements. Modify workflow procedures as necessary.

  • Continually analyze the HotScan software, identifying any weakness, and recommend any enhancements to improve the system performance and accuracy.

  • Participate in testing recommended enhancements from the time that the enhancements are received through system implementation.

  • Monitor and process all manual review transactions during off hours including (but not limited to) holidays.

Maintain OFAC/Compliance related records using IntelliTRACS (investigation system), GPP (payment/wire system) and e-mails in the MTD Risk Management Unit Mailbox:

  • Open and maintain OFAC/Compliance/Sanctions cases on the IntelliTRACS, based on the level of system access, ensuring that all information is accurately recorded, facilitating management review and approval.

  • Monitor open and pending queues for OFAC/Compliance cases and process the assigned cases in accordance with established procedures. Ensure cases are thoroughly documented and properly filed, facilitating management review and approval.

  • Maintain a comprehensive filing system for all HotScan transactions, ensuring that all transactions that are referred to the Compliance department contain complete documentation with all related information and correspondence.

  • Review, Monitor and distribute all e-mails in the MTD Risk Management Unit Mailbox.

Maintain thorough and accurate records, facilitating management review:

  • Review Daily IntelliTRACS Investigation Open/Pending Cases.

  • Maintain the HotScan monthly statistics, ensuring that all information provided is accurate and properly reflects the department’s production.

  • Prepare Daily Risk Management Work Control Checklist.

  • Prepare monthly HotScan statistics report.

  • Prepare RMU Transfer Pricing report.

Workflow Management:

  • When required, monitor general workflow by reviewing Wire room related queues on BESS, ensuring that all queues are resolved in a timely manner.

  • (ROUT) incoming messages electronically to user departments and branches, ensuring messages are received within prescribed timeframe.

  • Print (break-out) incoming messages (ADMR) and distribute to intended areas.

Message Processing

  • When required, prepare and type (COME) outgoing messages for dispatch in the BESS system on behalf of other departments as well as the Wire room.

  • Verify outgoing messages (COMV) awaiting release.

Maintain databases for GPP, SWIFT, NATS, and Fedwire:

  • When required, update Pre Advice limits on GPP accounts in accordance with requests from the various business units.

  • Update GPP FED Caps at the end of business day of the month per H.O. email notification.

  • Perform weekly updates to NATS/Fedwire databases and monthly on SWIFT database.

Support and attain department-wide goals and objectives:

  • Actively participate in the remote access/disaster recovery initiative.

  • Assist in maintenance of procedure manual for Risk Management, Proof and Control, and Database maintenance functions.

  • Foster and maintain emphasis on our “BEST” ongoing initiative. Recommend changes, if any.

  • Ensure proper escalation on reportable incidence is understood and carried out consistently.



  • 3 to 5 years’ experience in all Money Transfer functions.

  • Thorough understanding of OFAC, JMOF, BSA/AML and other Compliance rules as they apply to the movement of funds and all banking related instruments.

  • Complete understanding of payment formatting, including SWIFT, CHIPS, Fedwire, and foreign exchange principles

  • Operations back office industry experience required.

  • Proficient in selected PC Applications.

  • Good oral and written communication skills.

  • Ability to effectively manage multiple job duties.

  • Flexibility with hours as process must always be covered.

  • Higher education preferred with banking and financial background.

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: ARIZONA-Tempe

Schedule Full Time

Shift Day

Req ID: 10041791-WD