MUFG · 1 month ago
Compliance Professional
Irving, TX
Full-time
Hybrid
Mid Level
$96K/yr - $129K/yr
3+ years expMitsubishi UFJ Financial Group (MUFG) is one of the world’s leading financial groups, dedicated to making a difference for clients and communities. The Compliance Professional will focus on conducting sanctions screening, automating processes, and ensuring regulatory compliance while utilizing various data analysis tools.
Responsibilities
Conducting effectiveness testing in HotScan and Nice Actimize to assess screening effectiveness
Performing global sanctions screening using tools (Lexis Nexis Bridger and CGI Hot Scan)
Utilizing Dow Jones, World Check and Lexis Nexis watch lists; reducing false positives, optimizing AML/sanctions processes, and ensuring regulatory compliance
Applying data analysis using SQL or python to produce visualizations and supporting screening filter testing and documenting the qualitative and quantitative analysis
Automating manual processes using Visual Studio and C# to improve efficiency
Utilizing Global sanctions watch lists and Politically exposed Persons watch lists and adverse media watch lists
Performing focus tests to enhance name-matching algorithms and improve detection efficiency
Managing and executing Below the Line (BTL) activities for HotScan, ensuring compliance with regulatory standards
Generating statistical reports using SQL on the heavy hitters from HotScan real-time and Customer Screening on a weekly basis
Creating several bypass rules to reduce false positive ratio on real time and customer scanning, including vessel field bypass, Acronym bypass, Common Word Bypass, Ports and Cities bypass, Reverse bypass logic based on watch list and context-based bypass
Conducting thorough analysis to scope, document, and assess the feasibility of false-hit mitigation rules; ensuring rules are appropriately suited to various financial and regulatory contexts
Analyzing financial transaction types such as SWIFT MT and MX, FED Wires, and CHIPS to ensure rules are suitable and effective for a wide range of transaction types
Collaborating and working on the SWIFT mandatories’ initiative ensuring that the newly introduced MX messages are properly integrated into the existing system and also ensure that any changes made to the existing MT messages are analyzed and integrated as necessary
Qualification
Required
Bachelor's Degree in Information Technology, Electronic Engineering, or a related technology field of study (or foreign equivalent degree)
3 years of experience performing global sanctions screening using tools (Lexis Nexis Bridger and CGI Hot Scan)
Utilizing Dow Jones, World Check and Lexis Nexis watch lists
Reducing false positives, optimizing AML/sanctions processes, and ensuring regulatory compliance
Using SQL or python to produce visualizations and supporting screening filter testing and documenting the qualitative and quantitative analysis
Automating manual processes using Visual Studio and C# to improve efficiency
2 years of experience must include utilizing Global sanctions watch lists and Politically exposed Persons watch lists and adverse media watch lists
Position requires 10% domestic travel (AZ, NJ, NY, NC) for meetings and trainings
Position requires employment in-office 4 days per week and remotely 1 day per week
Company
MUFG
MUFG (Mitsubishi UFJ Financial Group) is one of the world's leading financial groups.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Greidy Puig
Vice President Finance- Business Unit CFO
Mark Fernandez
Vice President, Global Markets CFO Office
Recent News
2024-04-29
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