KYC Analyst - Corporate Banking

MUFG•Toronto, ON

About The Position

The primary purpose of this position is to ensure execution of Anti-Money Laundering ("AML") and Know Your Client ("KYC") / Onboarding process in a disciplined and sustainable manner. The Analyst will act as a Subject Matter Expert ("SME") for First-Line of Defense ("FLOD") KYC / Onboarding processes and work closely with Compliance, Risk and other departments to ensure the Global Corporate and Investment Banking ("GCIB") team operates in line with the Bank's overall goals and strategies.

Requirements

3+ years in AML/KYC related industries
Solid understanding of financial instruments, especially financial products for corporate banking
Strong financial and risk analysis skills
Ability to work under pressure and in a fast-paced environment
Undergraduate University Degree in Finance and/or related industries
Proficiency in MS Word
Advance level in Excel
Excellent communication skills
Strong analytical logical reasoning and problem-solving skills
Excellent multitasking skills and task organizing ability
Strong time management skills

Nice To Haves

CAMS designation considered an asset

Responsibilities

Act as SME related to FLOD's end-to-end Onboarding process including KYC reviews, Quality Control ("QC") and Quality Assurance ("QA")
Support GCIB’s KYC / Onboarding reporting, tracking and monitoring processes
Ensure that all KYC review files meet the highest quality standard
Prepare and maintain relevant onboarding applications, reports, procedures, and operating manuals
Act as a subject matter expert on platforms and subscriptions specific to the CMU team
Support risk and control responsibilities related to FLOD Financial Crime reporting and operational requirements
Work with FLOD and SLOD and closely monitor the KYC due dates in order to comply with Overdue Guideline/ procedure.
Provide execution support in line with Issues Management Framework and collaborate with internal stakeholders in a timely manner
Develop productive relationships with Compliance, Audit, Testing, and Global Financial Crimes to ensure ongoing compliance with changing regulations and requirements
Responsible to internal stakeholders for execution of KYC process
Act as a SME when communicating with external stakeholders relating to FLOD client onboarding and reviews
Apply knowledge of applicable regulatory requirements focusing on Corporate Banking, and relate them to policies, procedures and processes with the objective of enhancing efficiency and effectiveness of the KYC function.
Perform other duties as required and assigned including active participation in auxiliary tasks under the supervision of CMU Managers such as Business Unit Risk Management, Risk & Control Self-Assessment, Inbound Due Diligence Reporting, Records & Information Management, Global Financial Crimes Risk Assessment, Billing & Revenue reporting and other similar initiatives which may arise from time to time.