US KYC New Onboarding

About Us: 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. 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 MUFG’s global network across Americas, EMEA and Asia Pacific. About the Role Position Title: Analyst Corporate Title: Analyst Reporting to: AVP Location: Bangalore Job Profile Responsibilities: Primary Responsibilities: Daily Production Workflow (Subject Matter Expertise on Onboarding & KYC) · Coordinates with internal partners such as Front, Middle and Back Office staff to obtain required information and applicable documentation related to client on-boarding and KYC production Initiates and completes high quality KYC files inclusive of data input, research and analysis · Identify data anomalies and assist on root cause analysis to minimize errors · Maintain detailed tracking of KYC file status 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 Remediate erroneous customer data · Identify, detect, or report suspicious activities in banking and finance services Qualifications: Minimum of 2 year prior experience in the field of Anti-Money Laundering in financial services industry with understanding of banking product and services · Solid knowledge of KYC / AML and data governance policy and understanding of business activities, compliance/risk issues · Solid understanding of business activities, compliance / risk issues · Knowledge of business lines served, including correspondent banking and foreign financial institutions · Knowledge of and ability to identify, detect or report suspicious activities in banking and finance services. · Worked in a data entry operations · Knowledge of and ability to utilize tools, techniques and processes for gathering data utilizing 3rd party tools such as Dun Bradstreet, LexisNexis, government registries, etc. · Knowledge of various types of customers and ability to analyze customer activities, profiles and source information. Excellent attention to detail, organized approach and strong problem solving/facilitation abilities · Mature approach with excellent influential communication (verbal / written) skills. Note: Must have experience in New Onboarding of Clients. 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 law