KYC Associate / AVP (Onboarding, QC, QA) - Corporate Banking

About the role

Mitsubishi UFJ Financial Group (MUFG) is hiring an Assistant Vice President for a KYC Associate role focused on First Line of Defence (FLOD) regulatory obligations, with a focus on Know Your Client (KYC), Quality Control (QC) and Quality Assurance (QA) programs. The AVP supervises the end-to-end KYC due diligence process and develops, implements and maintains operating manuals and procedures, with an emphasis on Global Corporate & Investment Banking (GCIB) and Japanese Corporate & Investment Banking (JCIB) clients. The role acts as a Subject Matter Expert for FLOD KYC onboarding, periodic and ad hoc reviews, and works closely with Compliance, Risk and other departments.

Key responsibilities

• Lead local strategy implementation and effectiveness of the Bank's KYC FLOD programs (onboarding, periodic and ad hoc reviews, QC, QA)
• Ensure all KYC review files meet the highest quality standard
• Lead development, implementation and maintenance of processes, standards, reports, procedures and operating manuals
• Maintain, track and act as SME on platforms, subscriptions and SLAs for the Client Management Unit and other business units
• Support risk and control responsibilities for Second Line of Defence risk frameworks and regulatory compliance assessments
• Support the Issues Management Framework, including identification, remediation planning, monitoring and closure validation of open issues
• Monitor and report on compliance with changing regulations
• Support GCIB and JCIB customer onboarding and liaise with local Compliance, Internal Audit and Testing teams and the Global Financial Crimes Division
• Act as SME for cross-functional projects and provide KYC FLOD training to stakeholders
• Assess KYC FLOD programs, drive continuous improvement and perform other assigned duties such as risk reporting and records management

Required profile

• 5+ years of experience in the financial industry with a solid understanding of corporate banking
• Solid knowledge of KYC, AML, QC, QA and regulatory compliance
• Ability to work in a fast-paced environment, multitask and work independently
• Undergraduate degree in Finance, Economics or a related field
• CAMS designation preferred

Required skills

• Policy analysis and procedure writing
• MS Office (Word, Excel, PowerPoint)
• Analytical, critical thinking, business process analysis, documentation and communication skills
• Risk management and project management skills