Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world (as ranked by S&P Global, April 2018) with total assets of over $2.9 trillion (106.2 (JPY) as of March 30, 2018) and 150,000 colleagues in more than 50 countries. In the U.S., we’re 13,000 strong, working together to positively impact every customer, organization, and community we serve. We achieve this by delivering on our values, putting people first, fostering long-term relationships built on honesty and mutual understanding, and inspiring the best in each other. This is all part of our inclusive, high-performing culture supported by Total Rewards that include our cash balance pension plan. Join a team that’s working to fulfill its vision to be the world’s most trusted financial group.
The Office of Foreign Assets Controls (“OFAC”) Testing Manager is part of the first line of defense in protecting the Bank from an operational risk perspective.
Partners with and provide compliance oversight and support to assigned business/support unit(s) to ensure that Compliance Risk is appropriately managed utilizing risk assessment skills and mitigation through an adequate control environment.
Provide guidance on applicable compliance laws and regulations, including BSA/AML, Sanctions, Fraud, Fair Lending, Privacy, and Unfair or Deceptive Acts or Practices “UDAP”
Supervise a team of OFAC testing analysts
Design QA framework with formal procedures
Coordinate closely with multiple lines of business and second line of defense
Lead feedback process with LOB and Sanctions areas
Develop reviews of OFAC alerts and perform screening, communication with business units for information relating to OFAC reviews
Keep abreast on various OFAC sanctions and related regulations
Review and maintain various BSA reports for accuracy, monitor and refer suspicious activities to the appropriate BSA units for further investigation
Assume other responsibilities as needed
At least three years’ experience with BSA/AML and/or Sanctions in the financial services industry
Experience managing a team of self-starting risk/compliance analysts
Excellent communication skills, both verbal and written
At least 5-8 years’ experience as an internal auditor, regulator or other applicable testing skills in the financial services industry
Working knowledge of a variety of bank operations, including front office and back office operations
Proficiency in the use of various bank computer systems used to monitor transaction activity such as deposits, wires, cash, and monetary instrument sales.
Proficiency using Microsoft Office products
Capacity to quickly grasp and understand varying bank products and services and how they may be exploited for money laundering and terrorist financing activities
Requires a Bachelor’s degree in business, statistics, operations research, finance, criminal justice or other relevant discipline
The above statements are intended to describe the general nature and level of the 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 in employment decisions on the basis of any protected category.
A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it’s the bank’s policy to only inquire into a candidate’s criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.
Mitsubishi UFJ Financial Group (MUFG) is one of the world's leading financial groups. Our services include corporate banking, commercial banking, retail banking, wealth management, investment banking, capital markets, personal and corporate trust, and transaction banking.
In 2014, MUFG integrated the operations of The Bank of Tokyo-Mitsubishi UFJ (BTMU) in the United States and San Francisco-based Union Bank, N.A. This combined entity, MUFG Union Bank, N.A., enables us to better serve our individual, corporate, commercial banking and institutional customers by offering expanded global capabilities. In April 2018, the Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) was renamed to MUFG Bank, Ltd.
Headquartered in Tokyo, MUFG is a global network that includes more than 2,300 locations in more than 50 countries, with over 150,000 employees, and with assets and market value in the Top 10 in the world. Through close partnerships among our group members, MUFG aims to be the world's most trusted financial group, flexibly responding to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world.
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 in employment decisions on the basis of any protected category.