Global Financial Crimes Compliance Testing, Vice President

Join Mitsubishi UFJ Financial Group

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 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.

Job Summary : Responsible for supporting the global financial crimes compliance testing function in performing deep dives and targeted risk-based thematic reviews of financial crimes compliance (AML, Sanctions, ABC) processes globally with an emphasis on the design adequacy and effectiveness of measures (controls) taken to monitor and mitigate financial crimes risk.

Major Responsibilities

• Lead, or participate on, a team of testers in conducting and supporting financial crimes compliance reviews for MUFG Bank, Ltd. branches globally, that evaluate the effectiveness of existing financial crimes compliance frameworks, as well as the design and implementation of relevant controls, such as escalation processes, documentation of policies and procedures, reporting, list screening, regulatory change management, governance frameworks, and training.
• Develop test plans, scripts, procedures, and sampling methodologies that incorporate regulatory expectations, industry developments, and lessons learned from regulatory findings and internally identified issues by compliance testing and internal audit.
• Assist in implementation of a coordinated, consistent and risk-based testing program.
• Assist in developing and maintaining quality control processes to drive adherence to global testing standards.
• Assist in the drive of central coordination, governance, and reporting, leveraging regional structures and best practices.
• Prepare / review reports summarizing the objectives, scope, findings and conclusions of completed testing.
• Assist in the validation of management action plans designed to address remediation efforts and testing findings.
• Coordinate with issues management to monitor and track resolution of testing findings.
• Assist with establishing appropriate testing management routines and ensure proper awareness of testing review results through reporting and other means.
• Monitor developments, such as changes in the regulatory environment, which may necessitate ad hoc testing.
• Support general compliance activities and other duties, including special projects as assigned.

Qualifications

The typical base pay range for this role is between $114k - $160k 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.

We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws. The major responsibilities listed above are the material job duties of this role for which the company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.

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