Job Description

Overview

The primary objective of the CDD specialist is to provide a high-quality administration service to client by achieving SLA's along with quality and assist TL in day-to-day activities.

Key Accountabilities and main responsibilities

Strategic Focus
Conducting CDD and EDD on new and existing counterparties, accurately, timely and in line with company policies and procedures; using a risk-based approach Conducting PEP and sanction checks on new and existing counterparties, as part of the due diligence process Investigating counterparties for any adverse information Ensuring CDD information held appropriately on existing counterparties, is refreshed, using a risk-based process so that it remains up to date and accurate in accordance with company policy and money laundering regulations. Core knowledge of Money Laundering and Counter Terrorist Financing Regulations (AML/CTF) Receive CDD requests from the CDD Team Lead and reviewing the requirements. Perform CDD on new and existing counterparties and enhanced due diligence where applicable Knowledge on Ownership drill down, threshold for CDD and EDD. Knowledge on Open searches screening, discounting, and providing rational Undertake sanction and PEP screening on new and existing counterparties to determine if there are any PEPs/Sanction/AML risks Re-categorising risk ratings for existing counterparties where necessary. Obtain background information on clients through on-line research and other relevant sources Review CDD information held on existing clients to identify shortfalls and obtain missing documentation Record account status and approval information in the appropriate databases/spreadsheets Update the PEP register and complete PEP forms ensuring all PEP relationships are approved by the relevant persons Operational Management
Conducting investigations on counterparties for any adverse information, reputational risk issues, inappropriate practices, or behaviour on the part of the counterparty. Conducting risk assessments and applying risk categories to new counterparties People Leadership
Assisting junior members of staff with queries Conducting '4 eye' checks Assisting the Manager with their day-to-day tasks Handling queries from the business pertaining to on-boarding and remediation Standing in for the Manager in their absence Producing MI Conducting ad hoc projects when required Governance & Risk
Maintain level of accuracy Complete assigned task as per provided SLA

Experience & Personal Attributes

Experience of CDD requirements for a wide range of customers including private companies, government entities, regulated and unregulated funds, offshore jurisdictions and introducing brokers Good organisational skills and the ability to work well under pressure. Good knowledge of external regulations, whilst keeping abreast with internal policies and procedure Knowledge on Ownership drill down, threshold for CDD and EDD. Knowledge on Open searches screening, discounting, and providing rational Good Communication/ Written Skill Good Knowledge on Pep Checks and discounting Good Knowledge on Client onboarding and Remediation Good verbal and written communication skills Work closely with colleagues in Compliance and Front Office Work closely with CDD Managers Exhibits high level client service skills Excellent problem-solving skills both independently and supporting others Excellent time management skills, demonstrating flexibility and the ability to manage and plan in order to meet deadlines Ability to manage change The Role need to support APAC or EMEA shift and would need to work in Rotational shift wherein shifts would start at 3:30 am IST for APAC and from 11.30 AM for EMEA.

MUFG Pension & Market Services is a global, digitally enabled business that empowers a brighter future by connecting millions of people with their assets - safely, securely and responsibly.
Through our two businesses MUFG Retirement Solutions and MUFG Corporate Markets, we partner with a diversified portfolio of global clients to provide robust, efficient and scalable services, purpose-built solutions and modern technology platforms that deliver world class outcomes and experiences.


A member of MUFG, a global financial group, we help manage regulatory complexity, improve data management and connect people with their assets, through exceptional user experience that leverages the expertise of our people combined with scalable technology, digital connectivity and data insights.



India Hub is a central part of MUFG's transformation program, which has rapidly expanded over the past 5 years to nearly 1100+ employees, to provide services to our clients across two of our businesses. We have offices in Mumbai and Pune.
India Hub has allowed us to streamline our operations and forms one of our global centres of excellence. This has allowed us to focus our skillsets, innovate our current operations and create new capabilities for the future. The Hub has been designed to support flexible operations processing our three businesses - Retirement Solutions, Corporate Markets and Investor Services. In addition, our Global Functions team provide centralized expertise and support--like HR, Finance, and IT--to ensure consistency, efficiency, and strategic alignment across all business units.
At India Hub, we are building a dynamic, client-focused, caring, and inclusive culture based on entrepreneurial spirit, effective risk management, empathy, and trust, underpinned by core values. We work collaboratively, supporting and valuing the talents and perspectives of our people, and promoting a flexible work environment where their wellbeing is prioritized. We believe diversity drives better client outcomes, improvement, and growth.
Be part of the MUFG Pension & Market Services journey and together we will achieve our full potential. Candidates must have the relevant work rights. Successful applicants must complete background screening before employment.