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MUFG · 11 hours ago

Global Financial Crimes Compliance Testing, Assistant Vice President

Irving, TX

Full-time

Hybrid

Mid Level

$90K/yr - $112K/yr

3+ years exp

Mitsubishi UFJ Financial Group (MUFG) is one of the world’s leading financial groups with a commitment to building long-term relationships and fostering sustainable growth. The Global Financial Crimes Compliance Testing Assistant Vice President will lead compliance testing reviews, evaluate financial crimes compliance controls, and support management in developing test plans and quality control processes.

Financial Services

Responsibilities

Responsible for supporting the Global Financial Crimes Compliance Testing (“GFCCT”) function in performing deep dive reviews and targeted risk-based thematic assessments of financial crimes compliance (AML, Sanctions, ABC) processes globally, with an emphasis on the design and effectiveness of measures (controls) taken to mitigate financial crimes risk:

Engage directly with management with a goal to independently lead end-to-end compliance testing reviews, applying the Bank’s testing methodology for MUFG Bank locations globally

Apply the bank’s Control Testing and Targeted Controls Assessment methodologies to evaluate of anti-money laundering, sanctions, and anti-bribery & corruption controls, owned by the First and Second Lines of Defense to detect potential emerging risk(s), including control design and/or performance deficiencies that may trigger additional action, expanded testing reviews and/or inform the Annual Testing Plan where required

Work closely with key stakeholders to understand business and functional requirements and support management in developing test plans, scripts, procedures, and sampling methodologies that incorporate regulatory expectations, industry developments, lessons learned from regulatory findings and internally identified issues by compliance testing and internal audit

Engage review stakeholders during testing reviews and Targeted Controls Assessments and provide credible challenge to ensure financial crimes compliance controls are adequately evaluated

Play a leading role in financial crimes compliance related projects and engage with global and regional compliance management in the implementation of a coordinated, consistent, and risk-based testing program

Assist in developing and maintaining quality control processes to drive adherence to Global Testing Standards

Drive central coordination, governance, and reporting, leveraging regional structures and best practices

Apply in-depth subject matter and industry expertise in preparing/reviewing reports summarizing the objectives, scope, findings, and conclusions of completed reviews and Targeted Controls Assessments

Support management in the validation of Management Action Plans designed to address remediation efforts and review findings

Play a leading role and provide guidance to Analysts in performing testing activities and coordinating with Issues Management for monitoring and tracking resolution of applicable issues, including validating actions taken to resolve previously identified issues

Monitor developments, such as changes in the regulatory environment, financial crime compliance risks and industry developments which may necessitate ad hoc testing

Play a key role in the development and enhancements to testing methodology, standards and procedures, Annual Test Plan, and testing tools

Support general compliance activities and other duties, including special projects as assigned

Regularly assume a leadership role within teams to provide coaching and training of team members as required

Qualification

Financial crimes complianceCompliance testingQuality control processesRegulationsMicrosoft Office SuiteAnalytical skillsProblem-solving skillsWritten communicationVerbal communicationLeadership skills