Financial Crimes - Transaction Monitoring Specialist, 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.

Summary: 

Reporting into the Head of GFCD Design, Tuning and Optimization, this role will help in establishing GFCD Global Transaction Monitoring capabilities for MUFG. 

Responsibilities:

In connection with the Global Financial Crimes program –

• Lead and execute projects to implement TM and CRR models in various TM Systems.

• Support in the hiring, training and managing junior team members.

• Exposure to AML regulations, red flags and experience in performing AML Transaction Monitoring coverage assessment.  

• Experience with designing compliance program tuning and configuration methodologies, including what-if detection scenario analytics, excess over threshold, and sampling above/below-the-line (ATL/BTL) testing.

• Working knowledge of coding languages such as Python or SAS for data analysis.

• Ability to problem solve and agile in making decisions due to data or systemic challenges.  

• Coordinate with internal customers within GFCD to ensure effective and efficient operations of DTO activities.

• Support with creating and updating Transaction Monitoring Methodologies.

• Manage and create project timelines, resource plans and budget requests.

Qualifications:

• 10 years’ experience leading large teams on compliance and sanctions related risk and controls.

• Familiarity with TM and CRR systems.  

• Familiarity of current compliance rules and regulations of the FRB, SEC, OCC, FATF, FinCEN, OFAC, and familiarity with USA PATRIOT Act, BSA/AML and OFAC screening regulations. 

• Prior experience designing compliance program related to tuning and optimization.

• Working knowledge of one or more of the following programming platforms: SAS, Matlab, R, Python, SQL, VBA, etc.

• Familiarity with vendor models like Actimize SAM, SAS, SearchSpace, Mantas, OTUS, or SIRON.

• Strong knowledge about model risk management and associated regulatory requirements

• Experience interacting with the Executive Committee Leadership, control function leadership, and compliance subject matter experts

• Proven excellence in execution in complex and demanding situations

• Collaborative with strong interpersonal communication skills

• Executive level presentation skills

• Bachelor's degree in statistics, mathematics, quantitative analysis, economics, computer science, data and technology Sciences or related field is required. Advance degree a plus.

The typical base pay range for this role is $122,000-$153,000 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.