MUFG
BSA Specialist III
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups. Across the globe, we're 150,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world. With a vision to be the world's most trusted financial group, it's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career. Join MUFG, where being inspired is expected and making a meaningful impact is rewarded. The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details. Reporting to the Enhanced Due Diligence (EDD) Manager, the BSA Specialist III is responsible for performing independent quality control review and analysis on others' EDD files for moderate to high-risk individuals and entities, to ensure compliance with the Bank Secrecy Act and the USA PATRIOT Act. Assist EDD Manager with oversight of US Second Line of Defense (SLoD) Name Screening function, in terms of quality, productivity, procedures and staffing. Direct responsibility for quality and integrity of research and analysis completed and documented by other Specialists via Know Your Customer forms or within various databases. Ensure ongoing reviews of assigned portfolio are conducted according to Bank policy. Will work with line officers, line management and their clients to obtain necessary information. Identify emerging risk issues and recommend courses of action. Will also serve as a resource for line officers and line management. Support the business unit in compiling, preparing, and providing responses to internal Audit functions, and to external regulatory agencies. Maintain tracking, reporting, and metrics. May be required to review the most complex clients, requiring a level of experience needed to effectively interact with customer relationships. Assist management in mentoring, coaching, training; acting as a resource for other Specialists. Provides technical guidance to staff for research, analysis and documentation. May be requested to participate in the interviewing process of potential candidates for open positions. May receive additional delegated responsibilities from management. Major Responsibilities Perform timely quality control reviews on other Specialists' EDD reviews, providing feedback and guidance in a helpful, constructive manner Support EDD Manager with leadership responsibilities including performance metrics and reporting, trending analysis, and overseeing other projects, tasks and meetings in the EDD Manager's absence, or when otherwise requested. Department support as assigned. Provide technical assistance, training, and mentoring for other Specialists Experience Minimum 5 years' experience in BSA risk analysis, EDD reviews, Anti-Money Laundering (AML) Investigations, or equivalent related experience in other areas of banking Excellent working knowledge of BSA/AML laws and regulations relative to AML and terrorist financing; ability to apply this knowledge Experience with foreign correspondent banking and trade finance products, practices and procedures Experience with preparing and providing effective responses to Internal Audit and Regulator inquiries Strong leadership and analytical skills Excellent organizational and interpersonal skills, ability to continuously multi-task, and exercise ownership in multiple areas simultaneously Strong working knowledge of various bank systems preferred (KYC-R, CDL, SAS, CMT, etc.) Knowledge of BSA/AML laws and regulations relative to money laundering and terrorist financing Bachelor's Degree and CAMS certificate preferred The typical base pay range for this role is between $94k-$120k depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package that includes 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, and paid vacation, sick days, and holidays.
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups. Across the globe, we're 150,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world. With a vision to be the world's most trusted financial group, it's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career. Join MUFG, where being inspired is expected and making a meaningful impact is rewarded. The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details. Reporting to the Enhanced Due Diligence (EDD) Manager, the BSA Specialist III is responsible for performing independent quality control review and analysis on others' EDD files for moderate to high-risk individuals and entities, to ensure compliance with the Bank Secrecy Act and the USA PATRIOT Act. Assist EDD Manager with oversight of US Second Line of Defense (SLoD) Name Screening function, in terms of quality, productivity, procedures and staffing. Direct responsibility for quality and integrity of research and analysis completed and documented by other Specialists via Know Your Customer forms or within various databases. Ensure ongoing reviews of assigned portfolio are conducted according to Bank policy. Will work with line officers, line management and their clients to obtain necessary information. Identify emerging risk issues and recommend courses of action. Will also serve as a resource for line officers and line management. Support the business unit in compiling, preparing, and providing responses to internal Audit functions, and to external regulatory agencies. Maintain tracking, reporting, and metrics. May be required to review the most complex clients, requiring a level of experience needed to effectively interact with customer relationships. Assist management in mentoring, coaching, training; acting as a resource for other Specialists. Provides technical guidance to staff for research, analysis and documentation. May be requested to participate in the interviewing process of potential candidates for open positions. May receive additional delegated responsibilities from management. Major Responsibilities Perform timely quality control reviews on other Specialists' EDD reviews, providing feedback and guidance in a helpful, constructive manner Support EDD Manager with leadership responsibilities including performance metrics and reporting, trending analysis, and overseeing other projects, tasks and meetings in the EDD Manager's absence, or when otherwise requested. Department support as assigned. Provide technical assistance, training, and mentoring for other Specialists Experience Minimum 5 years' experience in BSA risk analysis, EDD reviews, Anti-Money Laundering (AML) Investigations, or equivalent related experience in other areas of banking Excellent working knowledge of BSA/AML laws and regulations relative to AML and terrorist financing; ability to apply this knowledge Experience with foreign correspondent banking and trade finance products, practices and procedures Experience with preparing and providing effective responses to Internal Audit and Regulator inquiries Strong leadership and analytical skills Excellent organizational and interpersonal skills, ability to continuously multi-task, and exercise ownership in multiple areas simultaneously Strong working knowledge of various bank systems preferred (KYC-R, CDL, SAS, CMT, etc.) Knowledge of BSA/AML laws and regulations relative to money laundering and terrorist financing Bachelor's Degree and CAMS certificate preferred The typical base pay range for this role is between $94k-$120k depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package that includes 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, and paid vacation, sick days, and holidays.