MUFG is looking to fill a Trade Services Operations Compliance Assistant Vice President position to strengthen its First Line of Defense team, which is responsible for critical compliance activities such as Anti-Money Laundering Red Flag reviews, OFAC/Sanctions alert analysis, and Quality Assurance reviews. This role is crucial for ensuring adherence to trade finance compliance regulations and mitigating risks associated with financial transactions.
Requirements
- Extensive understanding of trade transactions products and services along with related regulatory programs such as BSA/AML Red Flags, Sanctions/OFAC, Anti-boycott, JMOF, and other compliance rules as they apply to the movement of trade workflow.
- Staff must be familiar with common red flags, anti-money laundering, and sanction trends.
- 7+ years of Trade Services Operations experience required.
- Knowledge and experience in international trade and transaction workflows, sanctions and/or anti-money laundering laws and regulations.
- Ability to work independently and under minimal supervision.
- Excellent analytical skills and problem-solving skills.
- Proficient with Microsoft Office products (Word, Excel, PowerPoint)
Responsibilities
- Conducting Anti-Money Laundering Red Flag reviews
- analyzing and dispositioning OFAC/Sanctions alerts
- Performing Post Processing reviews (Quality Assurance)
- Leverage Trade Finance products and their characteristics, compliance regulations, and work independently and within the team.
- Independently conduct investigations of questionable activity, review and disposition Red Flag alerts accurately for potential violations of firm policies or applicable rules and regulations, escalate to the appropriate department when necessary.
- Ensure adherence to “MUFG” Compliance Policies and Department’s Operating Manuals.
- Work collaboratively across functional teams and Second Line of Defense partners to ensure effective and efficient operations with clearly defined roles and responsibilities.
Other
- The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day.
- As a senior analyst, may coach and train junior staff.
- Staff are responsible for completing all daily activities within SLA timeframes.
- Support and attain department-wide goals and objectives.
- Completing other duties as assigned
