MUFG
Enhanced Due Diligence Operations Analyst
Do you want your voice heard and your actions to count? Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups. Across the globe, we're 120,000 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. The Enhanced Due Diligence ("EDD") Operations Analyst will be responsible for performing EDD on Financial Institution ("FI") clients, for example Foreign Banks, Foreign Financial Institutions, Broker-Dealers, Money Service Businesses ("MSBs"), Third-Party Payment Processors ("TPPPs") etc. This position will be located in Irving, TX. The Analyst will be responsible for reviewing a variety of cases of varying complexity, requiring a level of experience needed to effectively assess client's profile, its AML program, transactions and customer relationships, and provide holistic assessment of the potential financial crime risks. Major Responsibilities:
The analyst will review and ensure that EDD documentation is appropriate. Review and assess information about the FFIs' AML programs, for example by using the Wolfsberg CBDDQ responses Review transactional data and identify any potential red flags/inconsistencies within a given timeframe Conduct screening in accordance with Bank policy and escalate true hits to Adverse Findings. Identify red flags and escalate accordingly using sound judgement Synthesize information from multiple data sources into a clear evaluation and recommended actions Prepare detailed and concise client narratives Generates a list of Proposed Questions for AML Advisory in preparation for the customer site visit/call Performs additional due diligence based on the outcome of the Site Visits/Calls as needed In addition to maintaining daily operations, ad-hoc projects will be assigned regularly Qualifications:
Experience in AML/BSA Compliance & KYC preferably within the financial services industry with experience conducting EDD on foreign financial institutions. Experience reviewing comprehensive documents inclusive of complex ownership structures and Wolfsberg Questionnaires (CBDDQ, FCCQ and AML programs of FI clients). Strong working knowledge of AML/BSA/OFAC laws and regulations relative to money laundering and terrorist financing and the ability to apply this knowledge in assessing transaction activity and customer profiles. Excellent organizational, communication (with a focus on writing), interpersonal, and analytical skills, are required. Must be able to multi-task, adapt well to changing priorities, and effectively prioritize workflow to meet critical deadlines. Critical thinking and problem-solving skills a must. Ability to work in a fast-paced, demanding environment and must work well under pressure. The ability and willingness to work both independently and in a team environment is required. Maintains effective working relationships with key business partners. Familiarity with Actimize and other financial crime, risk and compliance applications is a plus. Effective Internet and research skills and usage of third party tools. Strong proficiency in Microsoft Excel. Bachelor's Degree and CAMS certification preferred or equivalent work experience. The typical base pay range for this role is between $68K - $80K 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 (in accordance with the eligibility requirements and respective terms of each) 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.
Do you want your voice heard and your actions to count? Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups. Across the globe, we're 120,000 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. The Enhanced Due Diligence ("EDD") Operations Analyst will be responsible for performing EDD on Financial Institution ("FI") clients, for example Foreign Banks, Foreign Financial Institutions, Broker-Dealers, Money Service Businesses ("MSBs"), Third-Party Payment Processors ("TPPPs") etc. This position will be located in Irving, TX. The Analyst will be responsible for reviewing a variety of cases of varying complexity, requiring a level of experience needed to effectively assess client's profile, its AML program, transactions and customer relationships, and provide holistic assessment of the potential financial crime risks. Major Responsibilities:
The analyst will review and ensure that EDD documentation is appropriate. Review and assess information about the FFIs' AML programs, for example by using the Wolfsberg CBDDQ responses Review transactional data and identify any potential red flags/inconsistencies within a given timeframe Conduct screening in accordance with Bank policy and escalate true hits to Adverse Findings. Identify red flags and escalate accordingly using sound judgement Synthesize information from multiple data sources into a clear evaluation and recommended actions Prepare detailed and concise client narratives Generates a list of Proposed Questions for AML Advisory in preparation for the customer site visit/call Performs additional due diligence based on the outcome of the Site Visits/Calls as needed In addition to maintaining daily operations, ad-hoc projects will be assigned regularly Qualifications:
Experience in AML/BSA Compliance & KYC preferably within the financial services industry with experience conducting EDD on foreign financial institutions. Experience reviewing comprehensive documents inclusive of complex ownership structures and Wolfsberg Questionnaires (CBDDQ, FCCQ and AML programs of FI clients). Strong working knowledge of AML/BSA/OFAC laws and regulations relative to money laundering and terrorist financing and the ability to apply this knowledge in assessing transaction activity and customer profiles. Excellent organizational, communication (with a focus on writing), interpersonal, and analytical skills, are required. Must be able to multi-task, adapt well to changing priorities, and effectively prioritize workflow to meet critical deadlines. Critical thinking and problem-solving skills a must. Ability to work in a fast-paced, demanding environment and must work well under pressure. The ability and willingness to work both independently and in a team environment is required. Maintains effective working relationships with key business partners. Familiarity with Actimize and other financial crime, risk and compliance applications is a plus. Effective Internet and research skills and usage of third party tools. Strong proficiency in Microsoft Excel. Bachelor's Degree and CAMS certification preferred or equivalent work experience. The typical base pay range for this role is between $68K - $80K 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 (in accordance with the eligibility requirements and respective terms of each) 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.