Global EDD Operations, Team Lead - Vice President

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The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.

Reporting into the Director – Global Head of Financial Institutions EDD Operations, which falls within the Global Financial Crimes Division (“GFCD”). This position supervises operational aspects of Financial Institutions (“FI”) Enhanced Due Diligence (“EDD”) for Banks and Non-Bank Financial Institutions. The Team Lead role is primarily responsible for the following:

• Effectively manage a team of Analysts responsible for conducting a variety of KYC FI client reviews of varying complexity, requiring a level of experience to effectively assess client’s risk profile inclusive of its AML/Sanctions/AB&C program, adverse media, PEP and sanctions exposure, and provide holistic risk assessment of the potential financial crime risks.

• Provide guidance to Analysts conducting transactional analysis and data cleansing of clients’ activity inclusive of identifying high-risk indicators, downstream correspondent activity (Nested activity) as well as evaluate information that does not align to clients’ expected activity.

• Review and identify areas of risk regarding the FI customers AML program, through Wolfsberg CBDDQ / FCCQ responses and analysis. Raise questions as it relates to areas of risk and evaluate client  responses.

• Team Lead will ensure and oversee the operations for accurate (QC) and on-time completion of reviews performed by the Analysts and ensure necessary escalations of identified financial crime risks and issues.

• Act as a strong partner with MUFG client on-boarding teams, Relationship Managers and local and regional Financial Crimes teams (AML, Sanctions, Anti-bribery & Corruption etc.), and partner with teams internal to the Global FI EDD Operations (EDD Support Unit and FI-EDD Ops Program Execution, Oversight & Design team members).

Summary of Responsibilities:

Global EDD Operations Employee Oversight:

• Responsible for managing FI EDD Analysts and Assistant Vice Presidents (AVP’s) to ensure accurate and complete reviews are performed in accordance with MUFG policies and applicable Global FI EDD Operations Procedure and Operating Manuals.

• Provide mentoring, coaching and counseling to staff to ensure appropriate research and analysis is being conducted, properly documented and maintains the quality required.

• Recommend course of action on most events but escalate when necessary to manager or higher level when unusual or uncommon situations are identified.

• Complete Mid-year and Annual Performance Reviews with thoughtful summarizations of employees’ contributions and performance.

• Manage and organize risk trigger assignments and department work queues, ensuring critical deadlines are met. Provide liaison support and maintain effective working relationships between FI EDD Analysts, First-Line Business Units, Relationship Managers (“RM”), and Senior Management.

• Work with AVP’s regarding Analyst level escalations and provide findings to Director of Global FI EDD Operations and First-Line Business Units, RMs, Senior Management to evaluate potential financial crime risk to the Bank, including the possible decision of management to exit a client relationship, if warranted.

• As appropriate, provide support in FI KYC/EDD activities globally, which includes remediation efforts related to Financial Institutions and coordination with Regional Financial Crime Offices to escalate identified risks.

• Collaborate with the GFCD Project Management Office to provide routine updates for GFCD leadership, Senior Management, and the appropriate governance forums.

• Ensure FI client records are accurate to preserve system integrity and provide

• recommendation to the necessary parties within