Analyst - Program Testing

About MUFG Global Service MGS MUFG Bank 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 MUFG Banks 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 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 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 exchanges For more informatAbout UsMUFG Bank 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 MUFG Banks 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 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 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 exchanges For more information visit https www mufg jp englishMUFG Global Service Private LimitedEstablished in 2020 MUFG Global Service Private Limited MGS is 100 subsidiary of MUFG havingoffices in Bengaluru and Mumbai MGS India has been set up as a Global Capability Centre Centre ofExcellence to provide support services across various functions such as IT KYC AML Credit Operationsetc to MUFG Bank offices globally MGS India has plans to significantly ramp-up its growth over the next18-24 months while servicing MUFGs global network across Americas EMEA and Asia PacificAbout the RolePosition Title Analyst EMEA Regional Testing TeamCorporate Title AnalystReporting to Vice President Regional Testing Team GFCDLocation BangaloreJob ProfilePurpose of Role Responsible for supporting the Global Financial Crimes Compliance Testing GFCCT function in performing deep dives and targeted risk-based thematic reviews of financial crimes compliance AML Sanctions ABC processes globally with an emphasis on the design and effectiveness of measures controls taken to monitor and mitigate financial crimes risk Main ResponsibilitiesSpecifically you will be accountable and responsible for taking appropriate action with respect to the Companys and EMEA Regional Testing Team GFCD including Responsible for supporting the Global Financial Crimes Compliance Testing GFCCT function in performing deep dives and targeted risk-based thematic reviews of financial crimes compliance AML Sanctions ABC processes globally with an emphasis on the design and effectiveness of measures controls taken to monitor and mitigate financial crimes risk Bank and Securities Responsible for assisting in conducting and supporting financial crimes compliance reviews for MUFG branches globally that evaluate the effectiveness of existing financial crimes compliance As well as the design and implementation of relevant controls such as escalation processes documentation of policies and procedures reporting list screening regulatory change management governance framework and training Responsible for assisting in developing test plans scripts procedures and sampling methodologies that incorporate regulatory expectations industry developments and lessons learned from regulatory finding and internally identify issues by compliance testing and internal audit Responsible for assisting in implementation of a coordinated consistent and risk-based AML Sanctions and ABC testing program Responsible for assisting in developing and maintaining quality control processes to drive adherence to Global Testing Standards Responsible for assisting in the drive of central coordination governance and reporting leveraging regional structures and best practices Responsible for assisting in preparing reviewing reports summarizing the objectives scope findings and conclusions of completed testing Responsible for assisting in the validation of Management Action Plans designed to address remediation efforts and testing review findings Responsible for assisting in the coordination with Issues Management for monitoring and tracking resolution of financial crimes testing findings Responsible for assisting in monitoring developments such as changes in the regulatory environment which may necessitate ad hoc testing Responsible for assisting supporting general compliance activities and other duties including special projects as assigned Maintain and enhance good working relationships with stakeholders across the region and globally to share best practices provide support and develop effective local policies and procedures appropriate to the Company and working in support of the One MUFG and overall Group strategy Candidate Profile Skills and knowledge Technical Capability if applicable You are responsible for having and maintaining Excellent judgment and analytical skills Ability to learn quickly Strong written and verbal communication skill Relationship with other functions and stakeholders Education professional qualifications Bachelors Degree or above Experience 2 to 4 years of relevant experience including experience in the financial crimes compliance and or core compliance area of a global bank consulting firm or regulatory agency Experience with performing compliance testing assurance processes or internal external audits preferred Performance and Duties The role holder will be assessed in accordance with their employing entitys performance framework and process with relevant input obtained from the dual hatting entity as relevant As duties and responsibilities change the job description will be reviewed and amended in consultation with the role holder The role holder will carry out other duties as are within the scope spirit and purpose of the role requested by their line manager or Department Head Managing conflicts of interest dual hat status If Applicable The role holder will have responsibilities for both MUFG Bank and MUFG Securities EMEA plc The role holder will be required to perform their duties and responsibilities on an entity neutral basis without favour The role holder is required to follow regulatory requirements applicable to ensure each business is appropriately supported and to maintain the legal entity integrity of each of MUFG Bank and MUS Working terms are dictated by functional mandates the terms of the Dual-Hat Arrangement Agreement in place between MUFG Bank and MUFG Securities EMEA plc and any other relevant agreements entered into between MUFG Bank and MUFG Securities EMEA plc The role holder will have responsibility for identifying and resolving where there may be a difference or conflict in needs between MUFG Bank and MUFG Securities EMEA plc escalating to their manager where required Equal Opportunity EmployerThe 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 associates or relatives or any other classification protected by the applicable laws