EMEA AML / KYC Advisory Analyst

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 exchanges.

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 : Financial Crime Office Europe (FCOE) – KYC Advisor

Corporate Title : Analyst

Location : Bangalore

Job Profile

Purpose of Role :

This is a second-line role within the KYC Advisory team. The individual will have a sound understanding of KYC requirements and processes. In this role, the role holder will be responsible for Financial Crime Risk Management across MUFG’s banking arm and securities business under a dual-hat arrangement. Under this arrangement, you may act and make decisions on behalf of both the bank and the securities business, subject to the same remit and level of authority, and irrespective of the entity which employs you.

Main Responsibilities :

Supporting the KYC Advisory team in conducting customer risk reviews. This may for example include reviewing adverse media alerts, together with PEP and KYC advisory escalations from the business

Management / escalation of adverse media alerts escalated to FCOE by the first line. This will also include processing Anti-Social Element Checks for Japanese customers.

Updating procedures in line with UK regulatory and legal requirements and / or Global Policy and Standards. This may include the provision of training to the first line.

Producing management reports and data for Key Performance Indicators for governance meetings.

Responding to inbound due diligence enquiries from other banks / FIs.

Managing the AML and KYC inboxes.

Supporting technology and system development, by for example partaking in UAT testing.

Candidate Profile

Skills and knowledge :

Experience of performing / reviewing KYC for high risk clients, complex structures, PEPs

Able to contribute to the overall advancement and integration of core program objectives across the global and Americas Issues Management Department.

Experience of KYC quality checking and / or assurance testing required.

Experience of performing KYC on Financial Institution and Correspondent Banking clients – (not essential).

Knowledge of KYC and the regulatory environment.

Good understanding of JMLSG and Regulatory KYC requirements

General understanding of IT systems used in the KYC area

Excellent communication skills.

Results driven, with a strong sense of accountability.

A proactive, motivated approach.

The ability to operate with urgency and prioritize work accordingly.

Strong decision-making skills, the ability to demonstrate sound judgement.

A structured and logical approach to work.

Strong problem-solving skills.

Excellent interpersonal skills.

The ability to manage large workloads and tight deadlines.

Excellent attention to detail and accuracy.

A calm approach, with the ability to perform well in a pressurized environment.

Education & professional qualifications

BBA / BA / BS Degree required.

Experience :

3-5 years of experience in KYC is essential for this role.

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. Supporting business's usual activities and other duties, including adhoc project as assigned