Add your resume and apply to jobs with your Glassdoor profile. Create Profile. Job. *Description**. Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world (as ranked by S&P Global, April 2018) with total assets of over $2.9 trillion (106.2 (JPY) as of March 30, 2018) and 150,000 colleagues in more than 50 countries. In the U.S., we're 13,000 strong, working together to positively impact every customer, organization, and community we serve. We achieve this by delivering on our values, putting people first, fostering long-term relationships built on honesty and mutual understanding, and inspiring the best in each other. This is all part of our inclusive, high-performing culture supported by Total Rewards that include our cash balance pension plan. Join a team that's working to fulfill its vision to be the world's most trusted financial group.. *Position Profile:**. Within the Global Financial Crimes Division (GFCD), the Director - Head of Financial Institutions EDD Operations, reports jointly to the AML Global Head of Financial Institutions and Global Head of the Financial Crime Center of Excellence (COE). An AML and Correspondent Banking subject matter expert, he or she is responsible for Operational aspects of enhanced due diligence for Banks and Non-Bank Financial Institutions. This involves leading a team to conduct transactional analyses of clients' activity and identifying high risk indicators or information that does not align to clients' expected activity. Candidate must have subject matter expert level knowledge of the following products: cross-border transaction banking and payments; trade finance; remote deposit capture; pouch; FX; and derivatives. The position will be focused on building a new global function, implementing the program globally and conducting ongoing management of the function.. *Major Responsibilities:**. Supports KYC / EDD activities globally.. At times may support remediation efforts related to Financial Institutions.. Focuses on helping identifying risks related to Financial Institutions in an operational environment.. Regularly coordinates with Regional Financial Crime Offices to escalate identified risks.. Supports global implementation of new high risk product standards or implementation of changes to existing standards.. Responsible for the timely identification, and, as appropriate, escalation of risks and issues concerning client relationships to the head of AML FIs and/or the Head of the COE issues.. Coordinates risk re-evaluation and reviews of Financial Institutions relationships regionally in conjunction with other GFCD and first-line business units.. Work collaboratively with other Global colleagues in developing strategies and driving initiatives that support the key objectives of building the GFCD and COE program in our drive to deliver great operational expertise, efficiency and effectiveness.. Perform ongoing management, monitoring, analysis and reporting of the team's operational plans and results. Remains current on industry developments, best practices and standards relating to correspondent relationships, include new and emerging payment methods. Liaises with regulators and supervisors in connection remediation activities, as required.. Works with leaders throughout enterprise to resolve efforts to address related open issues in a timely and effective manner. Escalates issues to management, as required.. Work with the GFCD Project Management Office to provide routine updates for GFCD leadership, senior management, and the appropriate governance forums.. *Qualifications**. *Qualifications:**. Extensive, demonstrated knowledge and expertise in global banking laws and regulations administered by the Federal Reserve Bank, FDIC, OCC, HKMA, JFSA, FSA; compliance risk management and regulatory oversight and global regulators.. Deep subject matter expertise in product risks associated with cross-border transaction banking and payments; trade finance; remote deposit capture; pouch; FX; and derivatives; and client risks associated with foreign financial institutions and non-bank financial institutions.. Proven leader with experience overseeing an operations team.. Demonstrated experience in leveraging investigative and intelligence output in assessing and managing AML risk across the enterprise.. Experience supporting KYC remediation efforts.. Collaborative with strong interpersonal communication skills. Ability to prepare and deliver executive level presentations.. Knowledge and experience with FATF and Wolfsberg guidance on AML and sanctions related to correspondent banking. Knowledge of SWIFT message and payment types and funding platforms. Process oriented with a strong ability to develop appropriate program enhancing strategies.. Detail oriented and proven execution abilities.. Experience interfacing with banking regulators.. The ability to interact effectively at all levels of the organization, including Bank staff, management, directors and prudential regulators.. Demonstrated ability to manage multiple projects and priorities concurrently.. Ability to work autonomously and initiate and prioritize own work.. Typically requires at least 10 years of relevant financial crimes compliance experience, preferably within a global organization.. BA or BS Degree or equivalent experience; JD, MBA or Master's degree in Business, Accounting, or related field preferred.. The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.. We are proud to be an Equal Opportunity / Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives, and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category.. A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it's the bank's policy to only inquire into a candidate's criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses. Associated topics: accounting, analyst, audit, banking, budget, credit, expense, financial, investment banking, tax
* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.