Global AML Advisory, Vice President

MUFG•Irving, TX

2d•Hybrid

About The Position

Within the Global Financial Crimes Division (GFCD), Global AML Compliance Department, the selected colleague will report to the Global Head of AML Advisory. As an AML/FCC subject matter expert on high risk customer segments, including correspondent banking customers, digital asset service providers and high risk retail, they are responsible for providing guidance and ongoing advisory on risks and controls related to high risk customer segment relationships. They will focus on products and services offered to retail and wholesale customers, including cross-border payment products and arrangements, as well as emerging payment trends and risks.

Requirements

Demonstrated knowledge and expertise of banking laws and regulations administered by the US and major international regulatory and standards-setting bodies.
Ability to efficiently analyze KYC information to identify high-risk indicators of financial crime risk.
Collaborative mindset with established capability to communicate interpersonally within a global institution serving stakeholders across different jurisdictions and at all levels of the organization.
Experience in leveraging investigative and intelligence output in assessing and managing AML risk across the enterprise.
Analytical and detail oriented with a proven record enhancing AML/FCC controls based upon quantitative and qualitative criteria.
The ability to interact effectively with peers and management.
Thorough understanding of an effective financial crimes risk management framework and effective AML controls.
Demonstrated ability to manage multiple assignments simultaneously.
Ability to work autonomously and initiate and prioritize own work.
Proven track-record of providing timely, practical advice to business partners, balancing AML risk with support for execution of business processes.
Experience with Microsoft Suite designing and developing presentations and/or trainings which can be delivered at a detailed technical level to senior AML and first line business teams, as well the ability to tailor content for delivery to non-technical colleagues and senior management.

Nice To Haves

Experience with digital assets is an advantage.
Experience with transaction monitoring or transactional due diligence is an advantage.
CAMS, CFCS, CFE or similar anti-financial crime certification.

Responsibilities

Supports execution and optimization of Global AML standards and procedures for complex higher risk customer segments, including financial institutions (inclusive of correspondent banking, DASPs and NBFIs), embassies and consulates, and other high-risk institutions.
Coordinates and advises on KYC requirements to local and regional AML officers across MUFG Bank regions, working closely with onboarding and operations teams to support regional and local AML officers.
Substantively supports the maintenance and enhancement of global guidance and control process optimization for wholesale segments across MUFG’s global businesses and retail segments within MUFG’s home office and partner bank markets.
Partners with project management, technology and transformation teams to analyze data and controls, recommend mitigation actions and enhance financial crimes controls.
Serves as an escalation point for the business and other GCFD members on investigations, client due diligence, products and payment system issues impacting AML controls.
Oversees the timely identification, resolution, and, as appropriate, escalation of client or control issues to the Global Head of AML Advisory.
Remains current on industry developments, best practices and standards relating to correspondent banking, NBFIs, fintech, and the digital asset industry.
Supports risk re-evaluation and reviews of high risk customer relationships, in conjunction with other GFCD and first-line business units; analyzes the findings of the risk reviews and makes recommendations to maintain or exit a relationship with coordination across regions on consensus and decision making.
Analyzes data in complex transactions and ensures delivery of high quality, timely advice to business partners on relevant AML requirements, client-specific risks and risk-based scenarios for transactional due diligence and enhanced due diligence.
May assist with the creation and development of relevant global AML training materials.
May liaise with senior regional AML leadership, regulators or supervisors in connection to regulatory issues, as required.