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