Global KYC Policy, Regulatory & Execution, Vice President

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.

Within the Global Financial Crimes Department (GFCD), the KYC Policy, Regulatory & Execution Vice President provides subject-matter expertise in the development, implementation, and execution of the Global AML Policy and related Standards, and works with key stakeholders to develop and monitor plans to remediate and enhance program elements across regions and branches. The Vice President reviews all changes made to Regulatory Addenda published to supplement requirements in each branch and advises on exceptions to the Global Standards which allow for flexibility in certain branches or regions around specific requirements.

Key Stakeholders:

The KYC Vice President will liaise and collaborate with MUFG Legal, GFCD Policy Governance, GFCD Sanctions, GFCD Operations (Intelligence and Analytics, Training, Technology, Centers of Excellence), GFCD Testing and Issue Management, Audit, and Regional Financial Crime Offices.

Responsibilities

• Responsible for the development and maintenance of Global KYC and FI Standards which include Identification and Verification, Customer Due Diligence, Enhanced Due Diligence and FI specific requirements
• Advise Regional Compliance teams on Global KYC Requirements
• Advise Compliance Technology on changes to policy requirements which may affect Global KYC Technology Solution
• Work with Global Sanctions Advisory Teams to ensure Sanctions specific KYC requirements are included in Global KYC Standards
• Review exception requests to Global KYC/FI Standards submitted by MUFG Branch Offices globally to allow for additional flexibility where a branch is unable to meet the minimum standards due to local regulatory requirements
• Review MUFG Branch Office KYC Addendums, which include locally mandated KYC requirements that go beyond global minimum KYC Standards
• Work with Policy Governance to review Regulatory Change Management Tracking and Action Plans
• Develop and maintain additional KYC Guidance documents and FAQs
• Work with Global AML Oversight team to develop and define KYC metrics submitted by each local MUFG Branch Office for review by Global AML
• Support regulatory engagements
• Provide SME support to GFCD Ops/Training and Strategic Communications
• Support the MUFG Culture of Compliance, with an emphasis on financial crime risk awareness and accountability across the three lines of defense
  
  

Experience

• Typically requires at least 8 years of financial industry compliance experience, preferably within a global organization
• BA or BS Degree; JD, MBA or Master’s degree in related field preferred
• Demonstrated knowledge and experience in compliance with banking laws and regulations, compliance risk management, and regulatory oversight
• Deep subject matter expertise in KYC
• Experience with securities products and services
• Deep subject matter expertise in financial-crime and terrorism-financing trends, developments and risk-mitigation strategies
• Collaborative with strong interpersonal communication skills
• Experience in developing policies and procedures
• Knowledge and experience with Wolfsberg guidance on AML and sanctions
• Detail oriented and proven execution abilities
• The ability to interact effectively at all levels of the organization, including staff, senior management, directors and prudential regulators
• Past enterprise risk management experience/perspective
• Thorough understanding of an effective financial crimes risk management framework
• Ability to work autonomously and initiate and prioritize own work
• Solid judgment, established negotiation skills
• Ability to balance regulatory requirements with the best interests of the Bank and its customers
• Excellent written English, with proven ability to research and write accessible, clear policies & standards documents and reports for a range of audiences
• Excellent oral communication skills, with ability to engage different audiences, convey complex information in an accessible way and prepare and give presentations to different audiences
• Position may require international travel, with overall travel up to 5% of the time
  
  

The typical base pay range for this role is between $126k-$164k depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.

MUFG Benefits Summary

We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.

We are proud to be an Equal Opportunity Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.