Global Financial Crimes, Analyst

Mitsubishi UFJ Financial Group • Irving, TX

4d • Hybrid

About The Position

The Global Financial Crimes Analyst conducts extensive investigations to identify potentially suspicious financial or fraudulent activity, including money laundering, terrorist financing, fraud, and other financial risks or crimes. The analyst recommends whether activity is suspicious to the Americas AML Investigations Unit Manager and prepares Suspicious Activity Reports (SARs) in accordance with regulatory guidelines and deadlines. The role also performs routine compliance tasks, reviews regulatory developments, applies company policies to resolve issues, and escalates non-standard problems.

The selected colleague works at an MUFG office or client site four days per week and remotely one day per week. The typical base pay range is $65,000–$87,000, depending on job-related knowledge, skills, experience, and location. The role may also be eligible for discretionary performance-based bonus or incentive compensation. MUFG describes its Total Rewards package as including health and wellness benefits, retirement plans, educational assistance and training, disability income replacement for qualified employees, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays.

Requirements

• 1–3 years of banking experience, with a strong emphasis on BSA, AML, and OFAC laws and regulations.
• 1–2 years of experience using Excel.
• Experience preparing and writing Suspicious Activity Reports (SARs).
• Experience conducting enhanced investigations on escalated alerts and cases and providing disposition recommendations.
• Experience analyzing or managing financial-crime investigative processes.
• Experience interacting with senior managers and compliance subject matter experts.
• Knowledge of laws and requirements applicable to money laundering, including the BSA, Patriot Act, U.S. Treasury AML guidelines, OFAC requirements, and Suspicious Activity Reporting requirements.
• Understanding of banking and financial services, including products, services, and transactions typical for the Branch.
• Analytical and investigative skills to identify unusual or potentially suspicious transaction or account activity.
• Collaborative approach and strong interpersonal communication skills.
• Process-oriented, with the ability to develop appropriate program-enhancing strategies.
• Detail-oriented and organized execution.
• Bachelor’s degree preferred; equivalent work experience is acceptable.

Nice To Haves

• AML experience within Correspondent Banking.
• CAMS certification.

Responsibilities

• Investigate potentially suspicious financial or fraudulent activity, including money laundering, terrorist financing, and fraud.
• Review and research suspect items and transactions, and report suspicious activity as required.
• Recommend to the Americas AML Investigations Unit Manager whether activity is suspicious.
• Prepare Suspicious Activity Reports (SARs) in compliance with regulatory guidelines and time frames.
• Communicate activity and trends that could indicate money laundering or terrorist financing to the AML Compliance Manager.
• Perform routine compliance tasks and address routine documentation and reporting issues.
• Assist in monitoring regulatory issues.
• Stay current on regulatory matters through compliance publications, websites, conferences, and training.
• Apply company policies and standard practices to resolve problems; use judgment to analyze issues and make decisions.
• Escalate non-standard problems or issues.
• Assess transaction and account activity to identify unusual or potentially suspicious activity.
• Conduct enhanced investigations of escalated alerts and cases and provide disposition recommendations.

Benefits

• Comprehensive health and wellness benefits.
• Retirement plans.
• Educational assistance and training programs.
• Income replacement for qualified employees with disabilities.
• Paid maternity and parental bonding leave.
• Paid vacation, sick days, and holidays.
• Potential eligibility for discretionary performance-based bonus and/or incentive compensation.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level