Trade Finance Compliance Analyst
1 day ago
About Us
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world's leading financial institutions, boasting over 360 years of history and a global network spanning more than 50 markets.
Headquartered in Tokyo, MUFG has a significant presence worldwide, with operations across multiple sectors including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.
The company strives to be the most trusted financial group globally, achieving this goal through close collaboration among its operating companies and flexible responses to customer needs, ultimately serving society and promoting shared growth for a better world.
MUFG Bank, Ltd. is Japan's premier bank, offering an extensive range of commercial and investment banking products and services to businesses, governments, and individuals worldwide.
In Asia, MUFG has a strong presence across 20 markets, including 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.
MUFG Global Service was established in 2019 as a 100% subsidiary of MUFG Bank Ltd, with offices in Bengaluru and Mumbai. This entity provides support services across various functions such as IT, KYC/AML, Credit, Operations, etc. to MUFG Bank offices globally.
About the Role
Position Title: Sanctions Trade Finance Investigations - Analyst
Corporate Title: Trade Finance Compliance Analyst
Reporting to: Vice President Head of Sanctions Trade Finance
Location: Bangalore
**Job Overview:**
This role supports the Sanctions Trade Finance team in conducting trade finance documentary screening and reviews escalations from the Level 1 EOO Trade Finance team to protect the Bank from sanctions regulatory risk.
**Responsibilities:**
- Conduct thorough reviews of Sanctions alerts relating to trade finance transactions from different MUFG branches
- Analyze supporting documentation at a high level
- Collaborate with Front office teams and Trade Finance operation areas to obtain further information from clients where required
- Assess whether Trade Finance transactions are permissible or require further action to either Block or Reject, according to current sanctions regulations
- Ensure timely and consistent escalation of sanctions risks to Global Sanctions Advisory and regional senior management
**Requirements:
We are seeking a highly skilled individual with a strong background in banking and compliance. The ideal candidate will possess:
- MS Office skills
- Demonstrates attention to detail
- Broad understanding of banking, financial crime risk (Sanctions and TBML), and a general understanding of risk management and control
- Manages priorities effectively and delivers efficiently
- Proactively identifies and communicates improvements to process on the grounds of efficiency and effectiveness
**Benefits:**
As a member of our team, you can expect a competitive salary ranging from ₹8-12 lakhs per annum, depending on experience, plus additional benefits including:
- A comprehensive health insurance plan
- A performance-based bonus structure
- Ongoing training and development opportunities
- A dynamic and supportive work environment
Estimated Salary: ₹900,000 per annum
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