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MUFG Union Bank Assistant Vice President, Global Financial Crimes Compliance Testing (GFCCT) – Asia in Singapore

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.

Job Summary:

Responsible for supporting the Global Financial Crimes Compliance Testing - Asia (“GFCCT”) function in performing deep dives and targeted risk-based thematic reviews of financial crimes compliance (AML, Sanctions, ABC) processes in Asia with an emphasis on the design and effectiveness of measures (controls) taken to monitor and mitigate financial crimes risk.

Job responsibilities:

  • Assist in conducting and supporting financial crimes compliance reviews for MUFG branches in Asia that evaluate the effectiveness of existing financial crimes compliance, as well as, the design and implementation of relevant controls, such as escalation processes, documentation of policies and procedures, reporting, list screening, regulatory change management, governance framework, and training

  • Assist in developing test plans, scripts, procedures, and sampling methodologies that incorporate regulatory expectations, industry developments and lessons learned from internal and external (including regulatory) findings

  • Assist in implementation of a coordinated, consistent, and risk-based AML, Sanctions, and ABC testing program

  • Assist in developing and maintaining quality control processes to drive adherence to Global Testing Standards

  • Assist in the drive of central coordination, governance, reporting, and leveraging regional structures and best practices

  • Assist in preparing/reviewing reports summarizing the objectives, scope, findings, and conclusions of completed testing including root cause analysis

  • Assist in the validation of Management Action Plans designed to address remediation efforts and testing review findings

  • Assist in the coordination with Issues Management for monitoring and tracking resolution of financial crimes testing findings

  • Monitor developments, such as changes in the regulatory environment, which may necessitate ad hoc testing

  • Support general financial crimes/ compliance activities and other duties, including special projects as assigned

Job requirements:

  • Minimum a total of 5 years of experience performing financial crimes testing either in a testing function or internal audit in a global bank/ financial institution or regulatory agency

  • Knowledge of financial crimes compliance laws and regulations

  • Excellent judgment and analytical skills

  • Ability to work with diverse teams and stakeholders at all levels

  • Strong written and verbal communication skills

  • BA/BS Degree; JD,CPA, CIA, and/or CAMS a plus

  • Data analytics capability in the context of the financial crimes testing a plus

  • As the role will review the Korea branch, fluency in Korean Language will be an added advantage

  • Travel within Asia will be required

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.