Global AML / KYC Compliance Manager

About Us :

MUFG Bank, Ltd. is Japan’s premier bank, with a global network spanning in more than 40 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. MUFG Bank’s parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, the Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.

The Group aims to be the world’s most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchange.

MUFG Global Service Private Limited :

Established in 2020, MUFG Global Service Private Limited (MGS) is 100% subsidiary of MUFG having offices in Bengaluru and Mumbai. MGS India has been set up as a Global Capability Centre / Centre of Excellence to provide support services across various functions such as IT, KYC / AML, Credit, Operations etc. to MUFG Bank offices globally. MGS India has plans to significantly ramp-up its growth over the next 18-24 months while servicing MUFG’s global network across Americas, EMEA and Asia Pacific

About the Role :

Position Title : Global AML KYC Advisory

Corporate Title : AVP

Reporting to : VP, Global AML KYC Advisory

Location : Bangalore

Job Profile : Purpose of Role :

Global AML KYC Advisory AVP report to the Global AML KYC Advisory Manager / VP. As a subject matter expert on Know Your Customer (“KYC”) processes, they are responsible for providing guidance and ongoing advisory on KYC execution to first- and second-line colleagues in MUFG’s centralized offshore teams, as well as regional and global offices. They will focus primarily on KYC and due diligence control execution for wholesale banking relationships.

Main Responsibilities :

• Supports the oversight and execution of KYC for the wholesale customer base by providing advice to stakeholders on KYC requirements including customer risk assessment, identification and verification, customer due diligence, screening, client outreach, exceptions, and extensions, and specialized, and specialized and enhanced due diligence.
• Coordinates with relevant first- and second line of defence stakeholders to support KYC efforts.
• Assists with timely identification, escalation of client or control issues.
• Remains current on industry developments, best practices and standards relating to KYC and EDD, particularly as it relates to wholesale customer and products, including correspondent banking, NBFIs, trade finance, capital markets and securities.
• May at times serve as an escalation point for the business and other GCFD members on CSS issues, etc
• May assist with creating and developing relevant KYC templates and training materials.
• May also need to involve in non – KYC related advisory required as and when required, example – Screening, Transaction Monitoring, Sanction Screening.

Skills and knowledge :

Education & professional qualifications :

Experience :

Equal Opportunity Employer :

The MUFG Group is committed to providing equal employment opportunities to all applicants and employees and does not discriminate on the basis of race, colour, national origin, physical appearance, religion, gender expression, gender identity, sex, age, ancestry, marital status, disability, medical condition, sexual orientation, genetic information, or any other protected status of an individual or that individual's associates or relatives, or any other classification protected by the applicable laws.