MUFG Analyst - Singapore Transaction Monitoring/ Investigations (12 Months Conrtract) in Singapore
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Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we’re 160,000 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.
The Financial Crimes Office for Asia (FCOA) is part of the Global Financial Crimes Division (GFCD) headquartered in New York. It works to ensure that our organisation conducts its business such that we protect our reputation, our business, and our clients within the regulatory and legal framework. It is responsible for the establishment and maintenance of effective systems and controls to protect clients' assets and to mitigate the risk that MUFG might be used to further financial crime.
As part of the Singapore FC TM team, to implement the global financial crime programme requirements as they relate to the Global Investigations Standards, while at the same time ensuring all local regulatory requirements are met
Conduct reviews into transaction monitoring alerts, as well as manual escalations (e.g., potential suspicious transactions/money laundering concerns) received from any SG Branch employee
Where appropriate undertake investigations arising from alerts/manual escalations and recommend for STRs to be filed as necessary to the SG MLRO
Ensure compliance with all applicable STR reporting requirements, including timeline and follow-up actions to be taken such as STR post-mortems, enhanced monitoring/exit recommendations etc.
Escalate urgent/time sensitive investigations/cases to MLRO as soon as possible
Keep up to date with investigation best practices including staying relevant with latest typologies, with a view to incorporate appropriate uplifts into the Singapore FC programme
Assist the SG MLRO and TM Team Lead in managing all investigations related inquiries from Law Enforcement/Regulatory Agency, e.g., Production Orders, seizure orders etc.
Work with the regional AML/TM team as necessary in all TM/investigations related matters for e.g., regional investigation referrals, exposure reviews, global/regional initiatives etc.
Other ad-hoc tasks as may be assigned from time-to-time by TM Team Lead /SG MLRO including but not limited to periodic review/maintenance of systems, training of bank employees on ML typologies/suspicious red flags etc.
Minimum 1 year of hands-on experience in AML Investigations/Transaction Monitoring and STR filing in the banking industry or law enforcement
Strong knowledge of AML/STR typologies and investigative best practice
To support the TM Team Lead in driving trade-based money laundering (TBML) reviews/investigations. Familiarity with trade finance transactions and/or prior experience reviewing TBML escalations is a plus.
Comfortable working within the parameters of defined policies, procedures and established processes, and ability to deliver under time pressure
Confident in training/participating in sharing sessions with branch stakeholders on ML typologies/suspicious red flags etc
Ability to develop strong cross-organization relationships, be collaborative and communicate effectively across stakeholders
Highly adaptive and be receptive to ongoing changes as the global financial crime programme continues to evolve.
Open to redeployment or cross training in other FC areas within the Singapore FC team.
We regret to inform that only shortlisted applicants will be notified.
MUFG Bank Ltd & MUFG Securities Asia Limited (collectively referred to as “MUFG”) is an equal opportunity employer. We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organsational fit, regardless of race, religion or gender.
At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!
Our Culture Principles
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