Global Financial Crimes - AML Advisory, AVP - Hybrid (Irving, TX)

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

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we’re 160,000 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.

This is a hybrid position. The selected colleague will work at an MUFG office or client sites up to four days per week and work remotely the remaining day(s). A member of our Talent Acquisition team will provide more details.

Major Responsibilities

• Responsible for providing AML, BSA, USA PATRIOT Act, OFAC compliance support to an assigned function. This role will serve as a Subject Matter Expert (SME) on all matters for AML/BSA compliance to an assigned function or product.

• Provides full advisory services to an assigned product or function on all applicable money laundering risk, to including but not limited to the Bank Secrecy Act (BSA), USA PATRIOT Act, U.S. Treasury AML guidelines, and OFAC requirements.

• Participates in AML Risk Assessments for assigned product or function to mitigate AML exposure.

• Analyzes AML findings for assigned area to further understand where AML risk is emerging in within assigned portfolios. Implements controls to respond to AML findings that mitigate AML risk.

• Reviews existing AML polices to ensure that they are effective and account for current or emerging risk.

• Develop and design training that ensures employees are receiving effective training to maintain awareness about AML risk and the appropriate ways to effectively mitigate or escalate AML risk.

• Suggest improvements to the AML control process that increase the processes strength while maintaining efficiency.

This position can be used to oversee an in Investigations Unit in one of the following lines of business:

• Retail Banking: understands AML risk that presents itself in the form of debit/check fraud, suspicious deposits, structuring, layering, and other relevant risks.

• Corporate Banking: understands AML risk that presents itself in the form of complex and layered business ownership and relationships including corporate structures involving off-shore entities and agents. Knowledge of corporate advisory, wholesale lending, project finance, and the structures of these transactions and relationships. Demonstrated knowledge in risks that corporate banking relationships and products can pose for AML risks.

• Investment Banking: understands AML risk that presents itself in the form of complex and layered business ownership and relationships including corporate structures involving off-shore entities and agents. Demonstrated knowledge of investment banking products and services, including but not limited to, derivatives, swaps, project finance, commodities and structured finance, and securitization. Demonstrated knowledge in risks that corporate banking relationships and products can pose for AML risks.

• Transaction Banking: understands the AML risk that presents itself in the form of complex products and services, including treasury management with money and transaction movements, demonstrated knowledge of SWIFT payment processes, correspondent banking, cash management services, ACH, and other methods of electronic funds transfers including how these can be used for money laundering and the controls required for these risks. Capital Markets: understands the AML risks present in capital markets clients, products and services. To include, but not limited to, foreign exchange, securities trading, underwriting.

Experience

• Minimum of 4 to 7 years in banking, with a strong emphasis on BSA, AML and OFAC laws and regulations.

• Candidates must have AML experience within the applicable lines of business supported. CAMS certification preferred but not required.

• Experience in analyzing or managing financial crime investigative processes and policies (i.e. KYC, SARs, etc). Experience interacting with senior managers and compliance subject matter experts

• Collaborative with strong interpersonal communication skills. Process oriented coupled with a strong ability to develop appropriate pr