Vice President - Sanctions Programs

Responsibilities

• Driving the implementation of MUFG Bank's financial crimes risk appetite, policies and standards by managing and providing an approachable sanctions advisory hub to the EMEA region for all sanctions queries, ensuring advice is clear, informative and consistent.
• The Sanctions Program Team is responsible for the effective running and oversight of Sanctions Controls, across all jurisdictions within EMEA. The team ensures the robust management of the broader Sanctions Control Framework, in support of this they provide oversight, SME knowledge and support to other Sanctions Teams.
• As part of a leading global financial group, MUFG is required to act with integrity and meet our corporate responsibilities in the fifty-plus countries and regions where we operate. Ensuring we have a comprehensive financial crime compliance program is one of our most important responsibilities. MUFG has established the Global Financial Crimes Division in New York, USA to lead the program and each region under this program has a Financial Crimes Office.
• Financial Crimes Office EMEA (FCOE) is the regional office responsible for the establishment and maintenance of effective systems and controls to protect customers' assets and to mitigate the risk that MUFG might be used to further financial crime in EMEA.
• MUFG's financial crime compliance framework includes control processes designed to help the Bank detect, deter, and prevent financial crime as well as assess and mitigate related risks (i.e., money laundering and terrorist financing risk, sanctions risk, and bribery and corruption risk) in a manner that is consistent with applicable laws, rules, regulations, supervisory guidance, and commensurate with the Bank's risk profile and risk appetite.
  
  Responsible for managing part of the Sanctions Programs team.
• Oversee the implementation, ongoing maintenance of, and compliance with Global Policies, Standards and Procedures which govern MUFG's financial crime control framework across EMEA.
• Accountable for the drafting and reviewing of Sanctions Policy and Procedure documents for the EMEA region, including general oversight of the sanctions policy and governance lifecycle.
• Provide Sanctions SME knowledge, risk management and guidance for Sanctions systems and other related transformation initiatives.
• Support oversight of implementation of GFCD initiatives related to sanctions, including system rollouts and new policy/procedure implementation.
• Responsible for input into all relevant audits, testing reviews and risk assessments, providing sanctions input and guidance.
• Responsible and accountable for driving the timely and effective resolution of all EMEA Sanctions issues. This will include managing the ongoing governance of issues identified via the testing functions, audits, regulatory.
• Responsible for ongoing people management and development of direct reports (2), including fulfilling recruitment. Ongoing oversight of these direct reports.
• Oversee business continuity planning for relevant sanctions activities.
• Responsible for providing SME input to sanctions-related training.
• Oversight and daily management and oversight of Sanctions outsourced services; ensuring the achievement of KRIs and KPI's and management of any required escalations.
• Support in EMEA transformation activities, ensuring adherence to agreed timelines, risk management and escalation of emerging issues as may be required.
• The role holder will be assessed in accordance with their employing entity's performance framework and process with relevant input obtained from the dual hatting entity as relevant. As duties and responsibilities change, the job description will be reviewed and amended in consultation with the role holder. The role holder will carry out other duties as are within the scope, spirit and purpose of the role as requested by their line manager or Department Head.
• The role holder is required to follow regulatory requirements applicable to ensure each business is appropriately supported and to maintain the legal entity integrity of each of MUFG Bank and MUS.
• Working terms are dictated by functional mandates, the terms of the Dual-Hat Arrangement…