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MUFG Union Bank GFCD - Sanctions Technology - AVP in United States

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.

OVERVIEW OF THE DEPARTMENT/SECTION

The Financial Crimes Office for EMEA (FCO EMEA) in London is part of the Global Financial Crimes Division 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.

MAIN PURPOSE OF THE ROLE

In addition to the duties described above, you will contribute to the work of the Financial Crime department in any other ways reasonably expected, including memberships of projects and working groups and assisting with other priorities in the department or group as a whole.

As a member of the FCOE Technology team, provide the following services to the department:

  • Contribute to the development and testing of sanctions screening systems to help minimise the risk that the group is used for financial crime

  • Support the delivery of system enhancements and upgrade projects

  • Support tuning of existing systems and reduction of false positives in EMEA Financial Crime.

Financial Crime Office of EMEA Technology Team Key Responsibilities

The purpose of the role will be to ensure that all sanctions screening systems across the region, and associated work processes are working correctly i.e. as expected and appropriately. Responsibilities include managing systems post implementation, testing and support for system implementations and upgrades, effectiveness testing, assurance reviews and responding to ad hoc issues.

Additional responsibilities include driving forward the annual and on-going tuning and assurance for EMEA for all sanctions systems in the region and responding to ad hoc requests as required.

Key Responsibilities:

You are responsible for

  • Validating the effectiveness and accuracy of sanctions systems used to prevent financial crime across the region.

  • Reporting and presenting to management on identified risks and industry trends for enhancement

  • Taking a lead role in upgrading key systems, including design and implementation of User Acceptance Testing

  • Supporting regional and local teams with compliance with governance requirements as stated in the Global Technology Standard.

  • Supporting on-going and new sanctions-related projects, driving and informing business requirements from a Financial Crime Technology perspective.

  • Being a key contact for escalations from multiple 1st and 2nd Line teams across EMEA on FCC system-related queries and issues.

WORK EXPERIENCE

Essential:

  • Relevant experience in a financial services firm

SKILLS AND EXPERIENCE

Functional / Technical Competencies:

Essential

  • Broad understanding of financial crime systems and in banking, and a general understanding of the concepts of risk management and control

  • Strong understanding of testing, tuning,validation and assurance of financial crime systems

  • Experience of testing or performing analytics on financial crime systems

  • Understanding of EMEA wide TM or Sanctions regulations/standards, banking products and the UK regulatory environment and strong knowledge of IT and systems.

  • Previous experience using, testing and/or tuning transaction monitoring systems such as SironAML, Actimize, BAE NetReveal etc.

  • Experience with project management and delivery

  • Experience, interacting with stakeholders and financial crime system vendors at a senior level

  • Experience in report and methodology writing and delivery to non-technical audiences

Education / Qualifications:

Preferred:

  • Bachelor’s Degree or equivalent experience

PERSONAL REQUIREMENTS

  • Excellent communication skills

  • Results driven, with a strong sense of accountability

  • A proactive, motivated approach.

  • The ability to operate with urgency and prioritise work accordingly

  • Strong decision making skills, the ability to demonstrate sound judgement

  • A structured and logical approach to work

  • Strong problem solving skills

  • A creative and innovative approach to work

  • Excellent interpersonal skills

  • The ability to manage large workloads and tight deadlines

  • Excellent attention to detail and accuracy

  • A calm approach, with the ability to perform well in a pressurised environment

  • Strong numerical skills

  • Excellent Microsoft Office skills

PERFORMANCE AND DUTIES

The role holder will be assessed in accordance with their employing entity’s performance framework and process with relevant input obtained from the dual hatting entity as relevant.

As duties and responsibilities change, the job description will be reviewed and emended in consultation with the role holder. The role holder will carry out other duties as are within the scope, spirit and purpose of the role as requested by their line manager or Department Head.

MANAGING CONFLICTS OF INTEREST

  • The role holder will have responsibilities for both MUFG Bank and MUFG Securities EMEA plc.

  • The role holder will be required to perform their duties and responsibilities on an entity neutral basis, without favour.

  • The role holder is required to follow regulatory requirements applicable to ensure each business is appropriately supported and to maintain the legal entity integrity of each of MUFG Bank and MUS.

  • Working terms are dictated by functional mandates, the terms of the Dual-Hat Arrangement Agreement in place between MUFG Bank and MUFG Securities EMEA plc and any other relevant agreements entered into between MUFG Bank and MUFG Securities EMEA plc.

  • The role holder will have responsibility for identifying and resolving where there may be a difference or conflict in needs between MUFG Bank and MUFG Securities EMEA plc, escalating to their manager where required. MUFG, a global financial group is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.

We are open to considering flexible working requests in line with organisational requirements.

MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.

We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.

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