Analyst-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 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 MUFG Global Service Private Limited Established in 2020 MUFG Global Service Private Limited MGS is 100 subsidiary of MUFG 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 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 Job Profile Position Detail This individual will be responsible for conducting periodic KYC reviews New Business Onboarding Ad-hoc review for all MUFG Bank and MUFG Securities booking to EMEA region these are primary Financial Institution Banks Corporates and Individual customers existing new business relationships The role will require to perform customer Due Diligence based on the required regulatory standards including Screening Bribery Corruption Adverse Media Sanctions Regulatory classification and other suitability assessments like risk and enhance due diligence based on scenario The individual will work under MESI leadership to ensure effective and time bound due diligence is completed on cases within required SLA Roles and Responsibilities Individual will be responsible to conduct Know Your Customer KYC Operations services including Customer Due Diligence CDD for New to Bank or Existing Clients based on standard operating procedures SOP Operating manuals OM as defined by the local regional and global FC Teams 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 Customer Due Diligence CDD and Enhanced Due Diligence EDD profile production for Head Office and other Global branches affiliates Corporates Financial institution Funds Bank individuals Checking client information through publicly internally available sources which ae sourced by analyst Prepare check the KYC questionnaire emails or calls with Client for outreach process Checking screening performed by analyst in accordance with Bank policy and escalate true hits to Adverse Findings Complete review CDD and EDD profiles to a pre-determined review schedule in a timely manner Assist the business where changes occur to existing customer profiles by taking appropriate actions i e Event Driven Reviews administrative triggers escalations Complete relevant Identification Verification and Bribery Corruption checks for prospective transactions for existing or new to bank Clients to identify potential reputational business PEP Politically Exposed person adverse media hits and Sanction risks etc Liaise and connect directly with Clients Sales Relationship Manager onshore teams and Local Account Officer within Client management and KYC teams and assist where appropriate Timely and proactive escalation and resolution of issues working closely with local and regional management Drive to build knowledge within the Anti-Money Laundering sector and to understand the rationale for underlying policy requirements Assist other members of the team and work on ad hoc projects where necessary Job Requirements SKILLS AND EXPERIENCE Functional Technical Competencies Strong KYC end to end knowledge for Low Medium and High-risk clients STRONG Communication skills both WRITTEN and VERBAL to interact with Clients RMs Sales and other stakeholders Attention to detail is essential Technical knowledge of various Client types their structure such as Financial Institution Corporates Bank Foundations Trust Charity Joint ventures and Special Purpose Vehicle etc Work Experience Person should have a bachelors degree in any stream any certification diploma in AML KYC domain would be an added advantage 2 to 4 years experience in AML Compliance KYC preferably within the financial services industry with experience conducting EDD on foreign financial institutions 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 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 Decent knowledge in Microsoft Excel word Degree and AML related certifications preferred or equivalent work experience