Global AML Oversight – Vice President

MUFG•Irving, TX

1d•$122,000 - $166,000•Hybrid

About The Position

The Global Financial Crimes Division (“GFCD”) is seeking a Vice President for a compliance role with experience in AML Program Oversight. The individual should possess knowledge of and experience in analyzing both Know Your Customer (“KYC”) and Transaction Monitoring (“TM”) data to identify potential money laundering, terrorist financing, fraud and other forms of misconduct and risk. The Vice President will report into the Head of the Global AML Oversight and Strategic Initiatives Team. More specifically, the role will be responsible for performing data analysis on both KYC and TM metrics collected globally, to interpret and identify potential AML risks to the Bank. The role will actively liaise with compliance and business groups globally, to collaborate with and recommend appropriate AML controls, enhancements and/or remedial steps where required to address identified issues. The role requires regular interaction with GFCD managers in all functions and communication to various levels of management within GFCD, specifically Global AML, and other areas of the Firm. The ideal candidate will possess strong analytical skills, the ability to collaborate with others, manage projects and processes, executive level presentation skills, as well as the ability to multi-task. In this role, the Vice President will work across functions (compliance, operations, technology, and business personnel) and countries to support the Global AML Oversight Program and will be expected to engage with Global and Regional teams.

Requirements

At least 5 years of internal or industry experience in financial crimes, compliance, transaction monitoring, investigations, or data governance.
AML subject matter expertise with strong knowledge of AML Investigation Processes, KYCV, Customer Identification Program and Customer Due Diligence (CDD) requirements.
AML subject matter expertise AML Investigation Processes.
Experience with handling and analyzing large data sets and proficiency with Excel.
Experience interacting with senior leaders.
Collaborative with strong interpersonal communication skills both verbally and in writing.
Systemic thinker across enterprise.
Ability to prioritize workflows and ensure deadlines are met while maintaining a detail-oriented and organized execution.
Prior experience working on a Global Team and engaging with counterparts across all Regions (Americas, EMEA, APAC etc.).
Executive level presentation skills.
Process-oriented with a strong ability to develop appropriate program enhancing strategies.
Understanding of an effective financial crimes risk management framework as well as AML and terrorist financing trends and typologies.
Ability to manage multiple projects simultaneously.
Ability to interact effectively at all levels of the organization, including Bank staff, management, directors and prudential regulators.
Ability to work autonomously and initiate and prioritize own work.
Ability to work in a high volume, fast-paced environment.
Solid judgment, strong negotiating skills, and a practical approach to implementation – including knowledge of Bank systems.
Ability to balance regulatory requirements with the best interests of the Bank and its customers.

Nice To Haves

Bachelors degree or relevant work experience in Analytics, Finance, Business, Computer Science, Accounting, Legal, Information Management Systems, or other-related fields is preferred.

Responsibilities

Responsible for identifying, assessing, and escalating potential money laundering and reputational risks to Regional and Global Stakeholders.
Review and identify (collecting additional information where necessary) AML Risk metrics & reporting information provided by the Management Information and Reporting Team and consolidate information for consistent reporting processes across various business functions.
Produce Metrics Reporting Dashboards for presentation purposes to internal stakeholders including Bank Senior Management, Global Financial Crimes, and Business Unit Partners.
Perform analysis of current state metrics and reporting processes to identify potential risks related to system limitations and user input and maintenance of metrics and reporting information.
Partner with various Business and Compliance Oversight Teams to determine root causes of exceptions, metrics anomalies and data gaps and work toward a resolution in the form of system fixes, operational changes, or data remediation.
Review and analyze critical issues/errors, assessing the business risk and impact, and facilitate proper recommendation and escalation to senior management.
Provide governance and oversight on global and regional project where Global AML has direct or indirect involvement and ensure AML risk identified and mitigated.
Support Global and Regional Strategic Initiatives and drive consistency and efficiency.
Review and opine on escalations from regional teams that require developing and proposing recommendations to address identified issues/risks/gaps as well as areas and processes requiring improvement.