Global FI EDD Operations Team Lead, Vice President

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 120,000 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 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 – Head of Financial Institutions EDD Operations in the Center of Excellence (“CoE”) within the Global Financial Crimes Division (“GFCD”), this new position has been created to supervise the operational aspects of Enhanced Due Diligence (“EDD”) for Banks and Non-Bank Financial Institutions. The role holder is responsible for oversight of the staff involved in the following:

• Performing EDD on Foreign Financial Institution (“FFI”) clients, conducting transactional analysis of clients’ activity and identifying high risk indicators or information that does not align to clients’ expected activity

• Review and evaluate information about the FI’s AML programs, for example by

using the Wolfsberg CBDDQ responses

• Reviewing a variety of cases of varying complexity, requiring a level of experience needed to effectively assess client’s profile, its AML program, transactions and customer relationships, and provide holistic assessment of the potential financial crime risks

• Team leader will ensure accurate and complete reviews are performed by the Analysts

for FI documentation, synthesize information from multiple data sources and that all

potential financial crime risks and issues concerning FI client relationships have been

timely identified into a clear evaluation and recommended actions.

Major Responsibilities:

Oversee staff to ensure accurate and complete reviews are performed - 75%

• Responsible for managing the FI EDD analysis team to ensure accurate and complete reviews are performed by the FI EDD Analysts and ensure ongoing reviews are completed in accordance to the MUFG policy and Center of Excellence (“CoE”) KYC FFI Enhanced Due Diligence (“EDD”) Procedure and Operating Manual.

• 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.

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

the quality required.

• Review enhanced due diligence performed including use of outside resources.

•  Investigate FI client situations and provide findings to 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.

• Evaluate client situations and determine when an eQAR is warranted based on investigative findings. Drafting or lending support to an internal key partner completing an eQAR, ensure all data elements and narratives are complete, accurate, and comply with internal bank standards.

• Work with Analysts to produce questions for site visits and writing the risk

acceptance memo

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

• 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.

Data Integrity - 10%

• Cleanse, develop and interpret client data for EDD

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

recommendation to the necessary parties within the Bank when action is required, including FI EDD Analysts, RMs, on va