Analyst - Global FI EDD

Bangalore, Karnataka
Permanent
Full-time

24 days ago
Apply easily

About MUFG Global Service (MGS)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.For more informatJob DescriptionAbout Us:MUFG Bank, Ltd. is Japans 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 Banks parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the worlds 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 worlds 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. MUFGs 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 MUFGs global network across Americas, EMEA and Asia PacificAbout the Role:Position Title:Global FI EDD OperationsCorporate Title: AnalystReporting to: MGS GFCD Global FI EDD LeadLocation: BangaloreJob ProfilePurpose of Role:Delivering high-quality and pro-active support to business activities and assisting the firm to do business in the right way.Main Responsibilities:

The analyst will review and ensure that EDD documentation is appropriate.
Review and assess information about the FFIs AML programs,for example by using the Wolfsberg CBDDQ responses
Review transactional data and identify any potential red flags/inconsistencies within a given
timeframe
Conduct screening in accordance with Bank policy and escalate true hits to Adverse Findings.
Identify red flags and escalate accordingly using sound judgement
Synthesize information from multiple data sources into a clear evaluation and recommended actions
Prepare detailed and concise client narratives
Generates a list of Proposed Questions for AML Advisory in preparation for the customer site Visit call
Performs additional due diligence based on the outcome of the Site Visits Calls as needed
In addition to maintaining daily operations, ad-hoc projects will be assigned regularly

Candidate ProfileSkills and knowledge:

Experience reviewing comprehensive documents inclusive of complex ownership structures and
Wolfsberg Questionnaires (CBDDQ, FCCQ and AML programs of FI clients).
Strong working knowledge of AML / Sanctions laws and regulations relative to money laundering and terrorist financing and the ability to apply this knowledge in assessing transaction activity and customer profiles.
Excellent organizational, communication (with a focus on writing), interpersonal, and analytical skills, are required. Must be able to multi-task, adapt well to changing priorities, and effectively prioritize workflow to meet critical deadlines.
Critical thinking and problem-solving skills are a must.
Ability to work in a fast-paced, demanding environment and must work well under pressure.
The ability and willingness to work both independently and in a team environment is required.
Maintains effective working relationships with key business partners.
Familiarity with Actimize and other financial crime, risk and compliance applications is a plus.
Effective Internet and research skills and usage of third-party tools.
Strong proficiency in Microsoft Excel.
Education & professional qualifications
Bachelors Degree and AML related certifications preferred or equivalent work experience.

Experience:

3 to 5 years experience in AML Compliance & KYC preferably within the financial services industry with experience conducting EDD on foreign financial institutions.

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.

MUFG