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MUFG · 21 hours ago

KYC Periodic Review Analyst

Irving, TX

Full-time

Hybrid

Entry Level

$71K/yr - $85K/yr

1+ years exp

Mitsubishi UFJ Financial Group (MUFG) is one of the world’s leading financial groups, striving to make a difference for clients and communities. The KYC Periodic Review Analyst will be responsible for managing KYC production workflows, ensuring high-quality KYC files, and collaborating with various internal partners to maintain compliance and efficiency in the onboarding process.

Financial Services

Responsibilities

80 % Daily Production Workflow (Subject Matter Expertise on Onboarding & KYC)

Coordinates with internal partners such as Front, Middle and Back Office staff to obtain required information and applicable documentation related to KYC production

Initiates and completes high quality KYC files inclusive of data input, research and analysis

Identify data anomalies and assist on root cause analysis to minimize errors

Maintain detailed tracking of KYC file status and other customer record activities to ensure completion within required timeframes

Independently manage multiple simultaneous requests inclusive of customer data maintenance in a high pressure work environment

Promptly address queries and assist with problem-solving of matters received from applicable Bank personnel

Remediate erroneous customer data

Identify, detect, or report suspicious activities in banking and finance services

Serve as a Subject Matter Experts (SME) – for core internal bank system and onboarding & KYC procedures

15% Project Participation

Contribute ideas and participate in UAT testing including writing of test cases

Contribute to work flow or process redesign to achieve efficiencies

Manage and deliver individual projects as assigned

5% Other duties as assigned

Qualification

KYC/AML knowledgeData governance policyFinancial Institution knowledgeData entry operationsThird-party tools usageMS Office proficiencyAttention to detailProblem-solving skillsCommunication skillsTime management

Required

Minimum of 1 year prior experience in the field of Anti-Money Laundering or KYC in financial services industry with understanding of banking product and services

Solid knowledge of KYC/AML and data governance policy and understanding of business activities, compliance/risk issues

Solid knowledge of Financial Institution entities, including Funds and other Non-Operating Asset Holdings Companies categories (i.e. Special Purpose Vehicle “SPV”, Private investment Company (“PICs”) comprising of personal holding companies, business investment corporations, international business corporations) or a trust

Knowledge of business lines served, including correspondent banking and foreign financial institutions

Knowledge of and ability to identify, detect or report suspicious activities in banking and finance services

Worked in a data entry operations

Knowledge of and ability to utilize tools, techniques and processes for gathering data utilizing 3rd party tools such as Dun Bradstreet, LexisNexis, government registries, etc

Knowledge of various types of customers and ability to analyze customer activities, profiles and source information

Excellent attention to detail, organized approach and strong problem solving/facilitation abilities

Mature approach with excellent influential communication (verbal/written) skills

Strong time management, work organization and multi-tasking skills with a drive for efficiency, accuracy and risk management controls while maintaining 100% dedication, excellent attitude and flexibility

Proficiency in MS Office - Word, Excel, PowerPoint

Bachelor's degree in a closely-related discipline, or an equivalent combination of formal education and experience