Analyst - 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 About Us Mitsubishi UFJ Financial Group Inc MUFG is one of the worlds leading financial groups Headquartered in Tokyo and with over 360 years of history MUFG has a global network with over 2 700 locations in more than 50 markets The Group has over 180 000 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 of 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 MUFG Bank Ltd is Japans premier bank with a global network spanning more than 50 markets Outside of Japan the bank offers an extensive scope of commercial and investment banking products and services to businesses governments and individuals worldwide In Asia MUFG has a presence across 20 markets Australia Bangladesh Cambodia China Hong Kong Indonesia India South Korea Laos Malaysia Mongolia Myanmar New Zealand Pakistan Philippines Singapore Sri Lanka Taiwan Thailand and Vietnam It has also formed strategic partnerships with some of the most prominent banks in Southeast Asia further augmenting its unrivalled network across the region VietinBank in Vietnam Krungsri in Thailand Security Bank in the Philippines and Bank Danamon in Indonesia MUFG Global Service Private Limited Established in 2020 MUFG Global Service Private Limited MGS India Formerly known as MUFG Enterprise Solutions India Private Limited is 100 subsidiary of MUFG Bank Ltd having 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 to MUFG Bank offices globally With a current headcount of above 1000 MGS India has plans to significantly ramp-up its growth over the next 18-24 months while servicing MUFGs global network across Americas EMEA and Asia Pacific About the Role Position Title Analyst Corporate Title KYC Analyst Reporting to Manager Operations Location Bangalore Job Profile Purpose of Role This individual will be responsible for undertaking KYC reviews for branches based out of APAC Main Responsibilities The individual will work under MGS leadership and will ensure effective and time bound KYC reviews are completed across within required SLA These responsibilities include but are not limited to providing support in conducting the items listed below as per SOPs and may be amended from time to time Coordinates with internal partners such as Front Middle and Back Office staff to obtain required information and applicable documentation related to KYC requirements Initiates and completes high quality KYC files inclusive of data input research screenings analysis and documents review Identify data anomalies and assist on root cause analysis to minimize errors Maintain accurate and detailed tracking of KYC file status at all times and other customer record activities to ensure completion within required timeframes Independently manage multiple simultaneous requests inclusive of customer data maintenance in a high-pressure work environment Promptly address queries and assist with problem-solving of matters received from applicable Bank personnel Always strive to ensure the KRI relevant KPI and expected objectives and deliverables are met within the stipulated timeframe Assist and involved in the escalation process to relevant financial crime sanctions team to ensure all KYC files are in good order Ability to detect red flags through KYC Process and able to articulate clearly next step proposed solutions to get through roadblocks during the KYC process Always ensure escalations are handled with priority and immediate upward notification to respective team leader manager is to be done Always be open to learn from past mistakes experiences shared by teams and be open to share the same with team members SKILLS AND EXPERIENCE Functional Technical Competencies Awareness of detailed KYC knowledge Attention to detail is essential Details technical knowledge of various client types their structure Excellent communication skills both written and verbal and strong team player Demonstrated experience in establishing strong credibility to build influential relationships stakeholders to identify gaps and improvements within KYC process Work Experience Person should have a bachelor s degree in any stream any certification diploma in AML KYC domain would be and added advantage 3 to 4 years experience in AML Compliance KYC preferably within the financial services industry with experience conducting KYC on Corporates and other institutions Experience supporting Singapore Experience reviewing comprehensive documents like complex ownership structures and Wolfsberg Questionnaires various organizational documents like MOA AOA COI etc Strong working knowledge of AML Sanctions laws and regulations relative to money laundering and terrorist financing and the ability to apply this knowledge in assessing transaction activity and customer profiles Must be able to multi-task adapt well to changing priorities and effectively prioritize workflow to meet critical deadlines Mature approach with excellent influential communication verbal written skills Critical thinking and problem-solving skills a must Ability to work in a fast-paced demanding environment and must work well under pressure The ability and willingness to work both independently and in a team environment is required Maintains effective working relationships with key business partners Familiarity with Actimize and other financial crime risk and compliance applications would be preferred Effective Internet and research skills and usage of third-party tools Good knowledge in Microsoft Excel word 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