Analyst - Qa Us Kyc

About MUFG Global Service MGS MUFG Bank Ltd is Japan s premier bank with a global network spanning in more than 40 markets Outside of Japan the bank offers an extensive scope of commercial and investment banking products and services to businesses governments and individuals worldwide MUFG Bank s parent Mitsubishi UFJ Financial Group Inc MUFG is one of the world s leading financial groups Headquartered in Tokyo and with over 360 years of history the Group has about 120 000 employees and offers services including commercial banking trust banking securities credit cards consumer finance asset management and leasing The Group aims to be the world s most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers serving society and fostering shared and sustainable growth for a better world MUFG s shares trade on the Tokyo Nagoya and New York stock exchanges For more informat AboutUs MUFGBank Ltd is Japans premier bank with a global network spanning in more than 40 markets Outside of Japan the bank offers an extensive scope of commercial and investment banking products and services to businesses governments and individuals worldwide MUFGBanks parent Mitsubishi UFJ Financial Group Inc MUFG is one of the worlds leading financial groups Headquartered in Tokyo and with over 360 years of history the Group hasabout120 000 employees and offers services including commercial banking trust banking securities credit cards consumer finance asset management and leasing The Group aims to be the worlds most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers serving society and fostering shared and sustainable growth for a better world MUFGs shares trade on the Tokyo Nagoya and New York stock exchange MUFG Global Service Private Limited Established in 2020 MUFGGlobal Service Private Limited MGS is 100 subsidiary ofMUFGhaving offices in Bengaluru and Mumbai MGS India has been set up as a Global Capability Centre Centre of Excellence to provide support services across various functions such as IT KYC AML Credit Operations etc toMUFGBank offices globally MGS India has plans to significantly ramp-up its growth over the next 18-24 months while servicingMUFGs global network across Americas EMEA and Asia Pacific AbouttheRole Position Title Analyst Corporate Title Analyst Sr Analyst Location Bangalore Job Profile Primary Responsibilities The First Line of Defence Unit is responsible to perform the Quality Assurance review of KYC routine review Operations for both new onboarding periodic reviews and ad-hoc reassessment The objectives of the routine reviews are to ensure of having a control process to determine whether process output adheres to established quality objectives and to provide reasonable assurance to management that target outcomes are achieved As such KYC QA reviews are an integral part of process management and improvement It is the responsibility of process owners to ensure that results of QA reviews pertaining to the financial crimes control processes under their purview are i communicated to the appropriate parties and ii addressed in a timely manner This position is typically expected to work a very large number of reviews with little oversight Provides technical guidance to staff for research analysis and documentation May receive delegated responsibilities from management Major Responsibilities Perform Quality assurance of client KYC profile completed by KYC Onboarding team to determine if the review and research were conducted in accordance with the Quality Assurance standards and timeframes set for within established procedures bank policy and regulatory requirements Document each review by thoroughly completing a QA checklist Support the development of QA processes based on the identified quality standards Provide subject matter expertise to KYC functions throughout the enterprise Perform other duties as assigned Qualifications Bachelor s degree preferred applicable work experience will be considered Minimum of 3 years of direct work experience in AML risk analysis or equivalent with related experience in other areas of banking and preferably in the financial services industry Knowledge of Federal regulations especially BSA AML OFAC Experience in Securities Proficient knowledge of MS Word Excel Access Ability to work independently and to make informed decisions Strong verbal written and interpersonal communication skills Ability to recognize risks and make decisions based on sensory data or known guidelines Equal Opportunity Employer The MUFG Group is committed to providing equal employment opportunities to all applicants and employees and does not discriminate on the basis of race colour national origin physical appearance religion gender expression gender identity sex age ancestry marital status disability medical condition sexual orientation genetic information or any other protected status of an individual or that individual s associates or relatives or any other classification protected by the applicable laws