Financial Crimes & Compliance, Securities (MUSA) - Vice President

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.

The ideal candidate will be:

Responsible for providing AML and Sanctions compliance support the Securities business in the U.S. and Canada. This role will serve as a Subject Matter Expert (SME) on all matters for AML/BSA compliance and be the contact for Sanctions related matters for MUFG Securities Americas.   

Responsibilities:

• Provides full advisory services to First and Second Lines of Defense on all applicable money laundering and sanctions risk, including but not limited to the Bank Secrecy Act (BSA), USA PATRIOT Act, FINRA and U.S. Treasury AML guidelines.
• Analyzes and documents acceptance of risk for high-risk customers. Advises the First Line of Defense on policy and procedure requirements.
• Participates in FCC Risk Assessments for assigned product or function to mitigate FCC exposure.
• Analyzes FCC findings to further understand where FCC risk is emerging within the bank’s customer portfolio.
• Implements controls to respond to FCC findings that mitigate FCC risk.
• Review existing FCC Program documents to ensure that they are effective and account for current or emerging risk.
• Develop and design training that ensures employees are receiving effective training to maintain awareness about FCC risk and the appropriate ways to effectively mitigate or escalate FCC risk.
• Suggest improvements to the AML control process that increase the processes strength while maintaining efficiency.

What You Bring to the Role:

• Understanding of FCC risks that presents itself in the form of complex and layered business ownership and relationships including corporate structures involving off-shore entities, funds, broker dealers and agents.

• Possesses a strong AML background, with knowledge of Markets, financial institutions, corporate advisory, wholesale lending, project finance, and the structures of these transactions and relationships.

• Demonstrated knowledge in risks that institutional investor relationships and products can pose for AML and Sanctions risks.

• Demonstrated knowledge of investment products and services, including but not limited to, bonds, equities, FX, derivatives, swaps, project finance, commodities and structured finance, and securitization.

• Demonstrated knowledge in risks that institutional investor relationships and products can pose for AML/Sanctions risks.

• Understands the FCC risk that presents itself in Markets products and services including, but not limited to, foreign exchange, securities trading, asset management, low priced securities.

Experience:

• Minimum of 6 years of experience within securities, with a strong emphasis on BSA, AML and OFAC laws and regulations.

• Candidates must have AML experience within the Markets. CAMS certification preferred but not required.

• Experience in analyzing or managing financial crime investigative processes and policies (i.e. KYC, SARs, etc). Experience interacting with senior managers and compliance subject matter experts

• Collaborative with strong interpersonal communication skills. Process oriented coupled with a strong ability to develop appropriate program enhancing strategies. Detail-oriented and organized execution.

• Bachelors degree and/or equivalent relevant experience.

The typical base pay range for this role is $120,000 to $151,000 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. For more information on our Total Rewards package, please click the link below.

MUFG Benefits Summary

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 (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). 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.

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.

We are proud to be an Equal Opportunity Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.