Financial Crimes - Transaction Monitoring Specialist, 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 120,000 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.

Reporting into the one of the team manager under Director DTO-Americas , this new position has been created for the purpose of establishing AML Transaction Monitoring capabilities for MUFG.

One of several key positions in the new Global Financial Crimes Division Operations function, this position will be responsible for (1) helping to identify detection scenarios, (2) provide analytics support for developing, tuning, optimizing and modifying segmentation to improve transaction monitoring and screening systems, and (3) helping to coordinate the implementation of scenarios, which detect financial crime.  The incumbent is responsible for supporting leadership to ensure a globally consistent effort that enables continuing improvement to the transaction monitoring capabilities and further mitigate potential financial crime. 

Major Responsibilities:

• Perform Development of AML Transaction Monitoring Scenario Development and Data Analysis.

• Support large strategic optimization and segmentation program to enhance and tune MUFG’s GFCD Transaction Monitoring Program.

• Recommend customer segmentation and optimization for MUFG’s GFCD monitoring system across multiple lines of business.

• Development of models involving tuning, calibration, segmentation and optimization.

• Coordinate with other regional and Global teams to implement on the monitoring models.

• Work collaboratively across functional teams within GFCD to ensure effective and efficient operations with clearly defined roles and responsibilities.

Qualifications/Skills/Experience

• Hands on working knowledge of one or more of the following programming platforms: SAS, R, Python, SQL.

• Familiarity with vendor models like Actimize SAM

• 3+ years of experience designing, analyzing, testing and/or validating BSA/AML models, and/or OFAC sanctions screening models.

• Familiarity implementing, testing or evaluating performance of financial crime and compliance systems.

• Sound knowledge on AML data including KYC, customer, account and transactional data.

• Proven track record of strong quantitative testing and statistical analysis techniques as it pertains to BSA/AML models, including name similarity matching, classification accuracy testing, unsupervised/supervised machine learning, neural networks, fuzzy logic matching, decision trees, etc.

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

• Proven excellence in execution in complex and demanding situations

• Collaborative with strong interpersonal communication skills

• Systemic thinker

• Process oriented coupled with a strong ability to develop appropriate program enhancing strategies

• Detail-oriented and organized execution

• Good presentation skills

Additional skills

• Experience interfacing with banking regulators and enforcement staff

• Thorough understanding of an effective financial crimes risk management framework

• Demonstrated ability to manage multiple projects simultaneously

• The ability to interact effectively at all levels of the organization, including Bank staff, management, directors and prudential regulators  

• Ability to work autonomously and initiate and prioritize own work 

• Solid judgment, strong negotiating skills, and a practical approach to implementation – including knowledge of Banking systems

• Ability to balance regulatory requirements with the best interests of the Bank and its customers

Education

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 between $87k-$104k 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.

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.