Job Description

About MUFG Global Service (MGS)
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.For more informat

AboutUs:
MUFGBank, Ltd. is Japans 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.MUFGBanks parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the worlds leading financial groups. Headquartered in Tokyo and with over 360 years of history, the Group hasabout120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.
The Group aims to be the worlds 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.MUFGs shares trade on the Tokyo, Nagoya, and New York stock exchange.
Global Service Private Limited:
Established in 2020,MUFGGlobal Service Private Limited (MGS) is 100% subsidiary ofMUFGhaving 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. toMUFGBank offices globally. MGS India has plans to significantly ramp-up its growth over the next 18-24 months while servicingMUFGs global network across Americas, EMEA and Asia Pacific
AbouttheRole:
PositionTitle: GlobalAMLKYCAdvisory
CorporateTitle:AVP
Reportingto: VP, GlobalAMLKYCAdvisory
Location: Bangalore
JobProfile:
PurposeofRole:
GlobalAMLKYCAdvisory AVP reporttotheGlobal AML KYC Advisory Manager/ VP.Asasubject matterexperton Know Your Customer (KYC) processes, they are responsible for providing guidance and ongoing advisory on KYC execution to first- and second-line colleagues in MUFGs centralized offshore teams, as well as regional and global offices. They will focus primarily on KYC and due diligence control execution for wholesale banking relationships.
MainResponsibilities:

• Supports the oversight and execution of KYC for the wholesale customer base by providing advice to stakeholders on KYC requirements including customer risk assessment, identification and verification, customer due diligence, screening, client outreach, exceptions, and extensions, and specialized, and specialized and enhanced due diligence.
• Coordinateswithrelevant first-andsecond line of defence stakeholders to support KYC efforts.
• Assistswithtimely identification,escalationofclientorcontrolissues.
• Remains current on industry developments, best practices and standards relating to KYC and EDD, particularly as it relates to wholesale customer and products, including correspondent banking, NBFIs, trade finance, capital markets and securities.
• Mayattimesserveasanescalationpointfor the business and other GCFD members on CSS issues, etc
• Mayassistwithcreatinganddevelopingrelevant KYCtemplatesandtrainingmaterials.
• May alsoneedtoinvolveinnon KYC related advisory required as and when required, example Screening, Transaction Monitoring, Sanction Screening.

Skillsand knowledge:

• Thoroughunderstandingofaneffectivefinancialcrimesriskmanagementframework.
• AbilitytoanalyseKYCinformationtoidentifyhigh-riskindicatorsoffinancialcrimerisk.
• Abilitytothinkoverandabovethewrittenguidelinesandprovidesolutionsoradvisetoconcernedteams.
• AbilitytobalanceregulatoryrequirementswiththebestinterestsoftheBankandits customers.
• TohavebasicunderstandingonsomecommonproductsMUFGoffersaswellas Transaction Flows
• Demonstratedknowledgeandexpertiseofbankinglawsandregulationsadministered by theUSand major international regulatory and standards-setting bodies.
• SubjectmatterexpertiseinKYCwithexperienceineitheraKYCoperationalroleorin second lineof defence advisory involving correspondent banking.
• Collaborativewithstronginterpersonalcommunicationskills.
• Experienceworkinginaglobalfinancialinstitutionenvironmentwithmultiple stakeholders indifferent jurisdictions and time zones.
• Theabilitytointeracteffectivelywithpeers,businessandoperationsstakeholdersand management.
• Detail-orientedself-starterwithprovenexecutionabilities.
• ExperiencewithOfficesuite, includingWord,ExcelandPowerPointstronglypreferred.

Education&professionalqualifications

• BAorBSDegreestronglypreferred(equivalentprofessionalexperiencemaybe considered inlieuof exceptional circumstances).
• MBAormasters degree in business, Accounting,legalorrelatedfieldpreferred.

Experience

• 10yearsofexperienceinoffinancialindustryandcomplianceexperience,preferably within aglobal organization.
• 6+yearsofKYC,KYCincombinationwithInvestigations,orequivalentriskexperience strongly preferred.

Equal Opportunity Employer
The MUFG Group is committed to providing equal employment opportunities to all applicants and employees and does not discriminate on the basis of race, colour, national origin, physical appearance, religion, gender expression, gender identity, sex, age, ancestry, marital status, disability, medical condition, sexual orientation, genetic information, or any other protected status of an individual or that individual's associates or relatives, or any other classification protected by the applicable laws.

Skills Required