KYC Quality Assurance Analyst
Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world. Across the globe, we’re 180,000 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.
This is a remote position. A member of our recruitment team will discuss location preferences with you in more detail.
Qualifications:
- Typically requires a bachelor’s degree and a minimum of 1-3 years of investigative or related work experience with specific emphasis on BSA/AML preferably in the financial services industry. Related professional certifications are highly preferred.
- Excellent interpersonal skills including superior verbal and written communication skills.
- Must be able to multi-task, adapt well to changing priorities and effectively prioritize workflow to meet critical deadlines.
- Ability to work in a fast-paced, demanding, and changing environment; must work well under pressure.
- Knowledge of BSA/AML laws and regulations relative to money laundering and terrorist financing and the ability to apply this knowledge in assessing client KYC profiles.
- Understanding of bank products and services especially foreign correspondent banking products and services.
- The ability and willingness to work independently is required. Must attend and complete Bank-sponsored job-related training.
Job Summary:
The Quality Assurance Analyst is responsible for performing QA review of the KYC file submitted by the Onboarding Unit, validated by QC and approved by Business Unit and Compliance. The reviews are conducted to ensure compliance with the BSA/AML policy. The position reports into the QA team lead within the First Line of Defense Control Office.
Responsibilities:
(85%) Performs Quality Assurance reviews of KYC files to determine if the review and research were conducted in accordance with the quality standards and timeframes set by established procedures, bank policy and regulatory requirements. Ensures client data, business activity & narrative, products, alerts, documents, extension/exemption and other case determinations are appropriate, fully supported, and clearly documented. Documents each review by completing a QA Checklist. Demonstrates a detailed understanding of the various systems used for performing and documenting the investigations. Communicates concerns with the Onboarding and/or QC team and the Team Lead.
(5%) Maintains effective working relationships with key business partners. Maintains the ability to provide good customer service. Requires close working relationships with Financial Crime Risk Management business partners.
(5%) Stays abreast of developments concerning BSA/AML/ Sanctions including internal policy, standards, onboarding process and system changes and work with management to ensure the bank remains in compliance.
(5%) Other duties as assigned.
Qualifications:
- Typically requires a bachelor’s degree and a minimum of 1-3 years of investigative or related work experience with specific emphasis on BSA/AML preferably in the financial services industry. Related professional certifications are highly preferred.
- Excellent interpersonal skills including superior verbal and written communication skills.
- Must be able to multi-task, adapt well to changing priorities and effectively prioritize workflow to meet critical deadlines.
- Ability to work in a fast-paced, demanding, and changing environment; must work well under pressure.
- Knowledge of BSA/AML laws and regulations relative to money laundering and terrorist financing and the ability to apply this knowledge in assessing client KYC profiles.
- Understanding of bank products and services especially foreign correspondent banking products and services.
- The ability and willingness to work independently is required. Must attend and complete Bank-sponsored job-related training.
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/Affirmative Action 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.
Some MUFG roles require that individuals be fully vaccinated against COVID-19, subject to exemptions for medical or religious reasons, as well as any other reason required by applicable law or order. Should you be selected for an interview, your recruiter will provide additional information.