Global Financial Crimes Compliance Testing, Assistant 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.

Responsibilities:

Responsible for supporting the Global Compliance Testing function by driving central governance of testing activities, standards, procedures, training, quality assurance, leveraging regional structures and best practices to perform deep dives and targeted risk-based thematic reviews of Financial Crimes Compliance (AML, Sanctions, ABC) and Core Compliance processes globally with an emphasis on the design adequacy and operational effectiveness of measures (controls) taken to monitor and mitigate applicable risk.

• Play a key role in the development and enhancements to testing methodology, standards and procedures, Annual Test Plan, testing tools and training.

• Address inquiries from Global and Regional Testing Units, regarding the requirements of the testing standard and procedure.

• Work closely with key stakeholders to understand business and functional requirements and support management in developing test plans, scripts, procedures, and sampling methodologies that incorporate regulatory expectations, industry developments, lessons learned from regulatory findings and internally identified issues by compliance testing and internal audit.

• Coordinate with Global and Regional Testing units to identify use cases for the use of artificial intelligence within the execution of testing, as well as testing of processes utilizing artificial intelligence.

• Play a leading role in financial crimes and/or core compliance related projects and engage with global and regional compliance management in the implementation of a coordinated, consistent, and risk-based testing program.

• Execute quality control processes to drive adherence to Global Testing Standards.

• Apply in-depth subject matter and industry expertise in reviewing reports summarizing the objectives, scope, findings, and conclusions of completed testing.

• Monitor developments, such as changes in the regulatory environment, financial crime/core compliance risks and industry developments which may necessitate ad hoc testing.

• Support general compliance activities and other duties, including special projects as assigned

Qualifications:

• 3+ years of relevant experience, including experience in the financial crimes compliance and/or core compliance area of a global bank, consulting firm, or regulatory agency.  

• Experience with performing compliance testing, quality control/assurance processes or internal/external audits preferred.

• Knowledge of financial crimes compliance and/or core compliance laws and regulations.

• Excellent judgment and analytical skills.

• Proficient in Microsoft Suite of products, including Outlook, Excel and Powerpoint.

• Experience in working in diverse teams.

• Strong written and verbal communication skills.

• BA/BS Degree required; CPA, and/or CAMS a plus.

• Some travel may be required, domestic and international.

The typical base pay range for this role is between $88,000 to $109,000 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.