KYC Periodic Review AVP

Overview

Join a financial group that’s as committed to your future as you are. At MUFG, we share a vision for our future, we share our successes, and we strive to bring out the best in each other in everything we do. Our 14,000 diverse colleagues are connected by a common ambition to create change for the better—from forging more dynamic career paths, to driving progress in our communities, to continuously reshaping the standards of global financial services.

Positive impact starts here; see the change you can make as we strive to become the world’s most trusted financial group.

70 % 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.
• Perform KYC Remediation/Refresh on various lines of business within the scope of the KYC Reassessments team.
• Maintain high quality KYC files and address any data inconsistencies to reduce errors.
• Maintain detailed tracking of KYC file status and other customer record activities to ensure completion within required time frames
• 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 stakeholders
• Perform ad hoc reassessments of customer files when necessary
• Identify, detect, or report suspicious activities in banking and finance services
• Serve as a Subject Matter Experts (SME) – for core internal bank system and onboarding & KYC procedures, including for both Financial Institution and Corporate customers
• Maintain working knowledge of all regulatory obligations and be able to relate them to MUFG policies and procedures
• Contribute to the evolution of global and local KYC policies and guarantee team knowledge of any updates
• Maintain appropriate escalation procedures

20% Project Participation

• Contribute ideas and participate in UAT testing including writing of test cases
• Contribute to work flow or process redesign to achieve efficiencies
• Manage and deliver individual projects as assigned

10% Other duties as assigned

• 3 years plus of financial institution/banking experience
• Strong academic background
• Ability to think critically under pressure and deliver sound judgment
• Excellent analytical skills, with the aptitude of independently performing complex or varied tasks, such as coordinating and analyzing large amounts of multifaceted data.
• Mature approach with excellent and influential communication skills (verbal and written) to facilitate frequent interactions with internal customers, management and key stakeholders
• Ability to recognize risks and make decisions based on sensory data or known guidelines
• Ability to comprehend and follow instructions (verbal, written or diagrammatic) with strong detail orientation
• Solid knowledge of KYC/AML and data governance policy
• Strong time management, prioritization, work organization and multi-tasking skills with a drive for efficiency, accuracy and risk management controls
• Proficiency in MS Office - Word, Excel, PowerPoint, Access

• Bachelor s degree in a closely-related discipline, or an equivalent combination of formal education and experience

The typical base pay range for this role is between $87K - $110K depending on job-related knowledge, skills, experience, and location. This role may also be eligible for certain discretionary performance-based bonuses and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays.

For more information on our Total…