KYC Periodic Review AVP

Mitsubishi UFJ Financial Group•Irving, TX

16d•Hybrid

About The Position

Join a financial group that’s as committed to your future as you are. At MUFG, we share a vision for our future, we share our successes, and we strive to bring out the best in each other in everything we do. Our 14,000 diverse colleagues are connected by a common ambition to create change for the better—from forging more dynamic career paths, to driving progress in our communities, to continuously reshaping the standards of global financial services. Positive impact starts here; see the change you can make as we strive to become the world’s most trusted financial group.

Requirements

3 years plus of financial institution/banking experience
Strong academic background
Ability to think critically under pressure and deliver sound judgment
Excellent analytical skills, with the aptitude of independently performing complex or varied tasks, such as coordinating and analyzing large amounts of multifaceted data.
Mature approach with excellent and influential communication skills (verbal and written) to facilitate frequent interactions with internal customers, management and key stakeholders
Ability to recognize risks and make decisions based on sensory data or known guidelines
Ability to comprehend and follow instructions (verbal, written or diagrammatic) with strong detail orientation
Solid knowledge of KYC/AML and data governance policy
Strong time management, prioritization, work organization and multi-tasking skills with a drive for efficiency, accuracy and risk management controls
Proficiency in MS Office - Word, Excel, PowerPoint, Access
Bachelor's degree in a closely-related discipline, or an equivalent combination of formal education and experience

Responsibilities

Coordinates with internal partners such as Front, Middle and Back Office staff to obtain required information and applicable documentation related to client on-boarding and KYC production
Initiates and completes high quality KYC files inclusive of data input, research and analysis.
Perform KYC Remediation/Refresh on various lines of business within the scope of the KYC Reassessments team.
Maintain high quality KYC files and address any data inconsistencies to reduce errors.
Maintain detailed tracking of KYC file status and other customer record activities to ensure completion within required timeframes
Independently manage multiple simultaneous requests inclusive of customer data maintenance in a high-pressure work environment
Promptly address queries and assist with problem-solving of matters received from applicable stakeholders
Perform ad hoc reassessments of customer files when necessary
Identify, detect, or report suspicious activities in banking and finance services
Serve as a Subject Matter Experts (SME) – for core internal bank system and onboarding & KYC procedures, including for both Financial Institution and Corporate customers
Maintain working knowledge of all regulatory obligations and be able to relate them to MUFG policies and procedures
Contribute to the evolution of global and local KYC policies and guarantee team knowledge of any updates
Maintain appropriate escalation procedures
Contribute ideas and participate in UAT testing including writing of test cases
Contribute to work flow or process redesign to achieve efficiencies
Manage and deliver individual projects as assigned
Other duties as assigned