AVP - Americas - Compliance Tech [T500-17145]

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: Compliance Tech SME

Corporate Title: Assistant Vice President

Reporting to: Head, FCO Americas Tech Delivery and Support

Location: Bangalore

Job Profile

Purpose of Role:

Reporting into the Americas FCO Tech Lead, this role will provide Compliance Subject Matter expertise to support the America’s Tech team.

Main Responsibilities:

• Provide Oversight over Compliance (AML/Sanctions/E-Surveillance) applications/projects to ensure compliance with U.S. regulatory requirements and guidance for business team in areas of technology and operations intersection such as processes, efficiency improvements
• Act as Business lead in projects providing subject matter expertise and work with the project/systems business analyst to ensure all Compliance requirements are captured/documented, including coverage and end to end traceability from requirements to UAT testing, and identify any potential monitoring/screening related gaps/risks associated with the system/process.
• Manage (support and monitor) issues and assist in performing scenario analysis and coordinate/lead test initiatives such as model validation. Utilize analytics tools to identify suspicious activity and support tuning enhancements.
• Provide support during internal audits and regulatory exams, activities such as data analysis, reporting and other duties, including special projects, as assigned.

Candidate Profile

Skills and knowledge:

• Knowledge of U.S. operations of foreign banking organizations.
• Be a team player with excellent organizational/time management skills and should have strong collaborative, analytical, written/verbal communication skills.
• Excellent problem-solving skills
• The candidate should be well organized with attention to detail and ability to work with moderate supervision

Education & professional qualifications:

• Bachelor's degree or above

Experience:

• 10-15 years overall experience
• 5-8 years of Technology experience with AML / Sanctions / E-surveillance systems.
• 3-5 years of data analysis experience.
• 3-5 years of experience supporting requirements gathering, analysis and documentation, and strong technical knowledge of databases.