Manager-kyc-sme

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 About the Role Position Title KYC Assistant Vice President Corporate Title AVP SME Reporting to Vice President Location Bangalore Job Profile Position Detail This individual will be responsible for conducting initial screening alert reviews supporting the Screening Alert Disposition team Individuals would be responsible for monitoring and identifying potentially suspicious activity related to Adverse media negative news PEP hits Sanctions etc as it relates to the Banks Risk Compliance Operations and Specialty Lines of Business The Screening Team is part of Client KYC Group CKG responsible for conducting the initial review and investigation of screening alerts for all MUFG Bank and MUFG Securities booking to the EMEA region The individual will work under MGS leadership to ensure effective and time bound reviews are completed within required SLA Roles and Responsibilities Individuals will be responsible to conduct the review of screening alerts coming through the Bank s automated monitoring system Investigate these screening alerts and include detailed disposition as to why an alert is being closed or require escalation for further review and approvals Additionally individuals would also be responsible for people management in addition to individual contributor roles These responsibilities include but are not limited to providing support in review and investigating the items listed below as per SOPs and may be amended from time to time Review all the screening alerts from the Banks automated monitoring systems Navigate effectively across external screening systems such as FinScan Siron Lexis Nexis World check etc for disposition and closure of daily alerts Performing basic search and checking client information through internal systems available sources public searches which are sourced by analyst Retaining strong records of all information relied upon to complete a disposition of an alert Reviews are required to be performed in accordance with Bank policy and escalate all the true hits pertaining to adverse findings sanctions PEP politically exposed person to the Financial Crime Department for further approvals Maintaining a high degree of knowledge of appropriate BSA and OFAC laws and regulations Write a comprehensive analysis which includes a detailed disposition as to why an alert is being closed or escalated for further review Performing other related duties as assigned by the Screening Alert Manager AVP Liaise and connect with internal departments such as Financial Crime Sanctions and Advisory team CKG team etc 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 Display flexibility to pick up low risk noncritical end to end review basis the available capacity Support in any backlog Remediation and drive from the front with all the necessary stakeholders and partner teams to ensure successful execution of the project if any Job Requirements Skills and Experience Functional Technical Competencies Must have prior experience with reviewing and working on screening alerts preferably in the financial intelligence unit or financial crime department of financial institution Experience in analyzing or managing financial crime investigative processes Experience interacting with senior managers and compliance subject matter experts STRONG Communication skills both WRITTEN and VERBAL to interact with Clients RMs Sales and other stakeholders People management experience to an extent of 3 to 4 years Attention to detail is essential Work Experience A person should have a bachelors degree in any stream Any certification diploma in AML KYC domain would be an added advantage Minimum 8 to 10 years and plus experience in AML Compliance KYC preferably within the financial services industry with experience conducting EDD on foreign financial institutions CAMS certification preferred but not required 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 Detail-oriented and organized execution Collaborative with strong interpersonal communication skills 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