Associate/AVP Sanctions Screening

MUFG•Tampa, FL

1d•$90,000 - $111,000•Hybrid

About The Position

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. The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.

Requirements

Thorough understanding of OFAC, JMOF, BSA/AML and other Compliance rules as they apply to the movement of funds and all banking related instruments.
Complete understanding of payment formatting, including SWIFT, CHIPS, Fedwire, and foreign exchange principles.
3 to 5 years experience in all Money Transfer functions.
Proficient in selected PC Applications.
Good oral and written communication skills.
Ability to effectively manage multiple job duties.
Flexibility with hours as process must be covered at all times.
Operations back office industry experience required.

Nice To Haves

Higher education preferred with banking and financial background.

Responsibilities

Completing all the daily activities relating to: HotScan, OFAC, Japanese Foreign Exchange Law (JMOF), BSA/AML, and various other Compliance related matters as they pertain to the business conducted by the Money Transfer Group across multiple operational shifts (starting at 9:00 PM on the day prior to the next business day and ending when the FED system closes or department’s job processes finish, normally at 7:30 PM).
Database maintenance: Pre Advice limits update, Monthly Buffer Asset-FED Caps update on GPP and HotScan
Completing in a timely and accurate manner all TSU IntelliTRACS Cases.
Management Reporting functions.
Monitor and process all manual review transactions on HotScan, ensuring that: (a) such transactions are executed within prescribed time frames, (b) identified irregularities are reported to Compliance for their review and approval, per established procedures and c) no transaction is processed without proper authorization.
Monitor changes to any Compliance, Legal or Trade related programs such as OFAC, JMOF, BSA/AML, etc. and any system related issues/concerns. Educate staff with all HotScan/Compliance related changes and enhancements. Modify workflow procedures as necessary.
Continually analyze the HotScan software, identifying any weakness, and recommend any enhancements to improve the system’s performance and accuracy.
Participate in testing recommended enhancements in lower environments from the time that the enhancements are received through system implementation.
Monitor and process all manual review transactions during off hours including (but not limited to): holidays.
Open and maintain OFAC/Compliance cases on the IntelliTracs, ensuring that all information is accurately recorded, facilitating management review and approval.
Monitor open and pending queues for OFAC/Compliance cases, and process the assigned cases in accordance with established procedures. Ensure cases are thoroughly documented and properly filed, facilitating management review and approval.
Maintain a comprehensive filing system for all HotScan transactions, ensuring that all transactions that are referred to the Compliance department contain complete documentation with all related information and correspondence.
Review, Monitor and distribute all e-mails in the MTD Transaction Screening Unit Mailbox.
Maintain the HotScan monthly statistics report and MBR Report, ensuring that all information provided is accurate and properly reflects the department’s production.
Prepare Daily Volume Report, if needed.
Prepare MBR Report for TSU.
Prepare and monitor weekly MTD QA Report of HotScan transactions for TSU.
When needed, add, modify and or delete CHIPS Participants on OVS.
Actively participate in the remote access/disaster recovery initiative.
Attend bi-monthly supervisor’s meetings, ongoing unit and departmental staff meetings.
Ensure proper escalation on reportable incidence is understood and carried out consistently.
Participates in leveraging our global strength as One MUFG.