Trade Service Ops Compliance Analyst -Hybrid - Tampa

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 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.

Compliance Analyst position located in Tampa, Florida reporting to Trade Services Operations Control and Monitoring Manager located in Charlotte, North Carolina.  This unique First Line of Defense team is responsible for performing Trade Finance BSA AML Red Flag due diligence, dispositioning Sanction Screening alerts, and performing Post Processing reviews of Compliance related Controls. Staff in this team has extensive understanding of Trade Finance transactions (Letters of Credit, Standby Letters of Credit, and Collections), must be able to independently review, monitor and disposition Trade Finance transactions for compliance issues and questionable activity.

This position has been created for the purpose of our Sanction Screening and Post Processing Reviews functions.  In this role, an Analysis should have a good understanding of regulatory requirements affecting Trade Finance products, including BSA/AML, OFAC, and Antiboycott and a thorough understanding of Regulations covering OFAC. 

Major Responsibilities:

• Extensive understanding of Trade transactions products and services along with related regulatory programs such as BSA/AML, OFAC, Antiboycott.

• Able to independently review and monitor Trade transactions for compliance issues and questionable activity.

• Responsible for monitoring and decisioning transactions routed to the bank’s sanction system (HotScan) to identify potential OFAC hits and regulatory violations.

• Must be detail orientated and a highly self-motivated individual who can work independently with little oversight.

• Staff are responsible for completing all daily activities.

• Ensure adherence to MUFG” Compliance Policies and Department’s Operating Manuals:

• Completing all daily activities.

• Maintain thorough and accurate records.

• Support and attain departmentwide goals and objectives.

• Thorough understanding of OFAC, JMOF, BSA/AML, Antiboycott, and other Compliance rules as they apply to the movement of trade flows.

• Review and Complete within SLA timeframes.

• Completing other duties as assigned

• Work collaboratively across functional teams and Second Line of Defense partners to ensure effective and efficient operations with clearly defined roles and responsibilities.

Qualifications:

•  3-5 years of banking experience with 2-3 years of Trade Services Standby or Letter of Credit operations experience preferred.

• Knowledge and experience in international trade workflow.

• Knowledge and experience of transaction processing in T360 System, HotScan systems is a plus.

• Sound knowledge of Trade based Regulatory Programs, BSA/AML, OFAC, Anti-boycott.

• Ability to support and provide teamwork with focus on quality and prompt service.

• Strong inter-personal skills, verbal and written communication skills and ability to work in an automated system environment required.

• Ability to recognize and have a familiarity with common red flags and sanction trends.

• Working knowledge of the Bank's operating policies, procedures, and compliance regulations. Excellent communication skills with attention to detail and documentation.

• Demonstrated pro-active initiative, ability to work independently and under minimal supervision.

• Proficient in Microsoft Word, Excel

Education:

College Degree preferred but not required.  Certificate or courses or any specialized training/exposure in International Trade, Trade and Commodity Financing/Project Finance is a plus.

Previous exposure to bank back office or Trade Services Operations.

The typical base pay range