Sanctions Advisory; Escalations - AVP

Position: Sanctions Advisory (Escalations) - AVP
Location: Greater London

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 150,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.
** OVERVIEW OF THE DEPARTMENT/SECTION
** 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, MUFG has a global network with around 3,000 offices in more than 50 markets. The Group has over 180,000 employees, and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.

MUFG aims to be the world’s most trusted financial group through close collaboration among its operating companies, and to respond to all of the financial needs of its clients, 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.

Please visit our website for more information -  Financial Crimes Office for EMEA (FCOE) in London is part of the Global Financial Crimes Division (GFCD) headquartered in New York. It works to ensure that our organisation conducts its business such a way that we protect our reputation, our business, and our clients within the regulatory and legal framework. It is responsible for the establishment and maintenance of effective systems and controls to protect clients’ assets and to mitigate the risk that MUFG might be used to further financial crime.

Within the Sanctions team of FCOE, the Sanctions Advisory team is responsible for providing sanctions advise on the relevant regulations, client relationships, transactions and deals; to ensure that the bank remains compliant with laws and regulations. Whilst all members of Sanctions Advisory are responsible for all aspects of sanctions compliance, this particular team is predominantly focused on payment and transaction escalations as well as payment projects.
** NUMBER OF DIRECT REPORTS
** 0
* * MAIN PURPOSE OF

THE ROLE
** Driving the implementation of MUFG Bank’s financial crimes risk appetite, policies and standards by managing and providing an approachable sanctions advisory escalations hub, within the Sanctions Advisory team. The Sanctions Advisory, Escalations team are responsible for managing escalations from the EMEA region on all sanctions queries, which will primarily relate to payments, transactions and customer queries; it is their responsibility to ensure that regulations and laws are well understood and applied against payments, transactions and customer escalations, ensuring advice is clear, informative and consistent.

The role holder will be responsible for:
* Staying abreast of relevant Sanctions laws and regulations
* When sanctions alerts, that are generated through the banks screening systems, are noted as having a ‘True’ sanctions risk; following an initial investigation they are escalated to Level
3. Level 3 reviews are then required, to determine the most appropriate course of action in line with regulations. The role holder will be responsible for reviewing Level 3 screening escalations whilst ensuring adherence to regulations and SLA’s
* Providing Sanctions Payment SME guidance into payment related initiatives, to ensure that the bank remains complaint with sanctions and payment regulations alongside the requirements of payment scheme memberships. Requiring an understanding of payments, infrastructure and other related systems.
* Ensuring MUFG systems are compliant with Sanctions regulations, and representing Sanctions…