AVP- Securities Client Onboarding and KYC

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 150,000 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.

Job Description

Join a financial group that’s as committed to your future as you are. At MUFG, we share a vision for our future, we share our successes, and we strive to bring out the best in each other in everything we do. Our 14,000 diverse colleagues are connected by a common ambition to create change for the better—from forging more dynamic career paths, to driving progress in our communities, to continuously reshaping the standards of global financial services. Positive impact starts here; see the change you can make as we strive to become the world’s most trusted financial group.

Responsibilities:

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

• Coordinates with internal partners such as Front, Middle, Back Office staff and clients to obtain required information and applicable documentation related to client on-boarding and ad hoc production
• Initiates and completes new to bank KYC files and high-risk reverifications 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 matters received from applicable Bank personnel
• Maintain working knowledge of all regulatory obligations and be able to relate them to MUFG policies and procedures
• 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
• Independently manage multiple simultaneous requests inclusive of customer data maintenance in a high-pressure work environment

15% Project Participation

• Contribute to workflow or process redesign to achieve efficiency
• Manage and deliver individual projects as assigned

5% Other duties as assigned

Qualifications:

• Minimum of 3-5 years of prior experience in the field of Anti-Money Laundering in financial services industry with understanding of banking products and services with an emphasis on Securities products
• Strong understanding of the Broker Dealer KYC requirements
• Knowledge in client life cycle management, in particular related to markets and experienced in a fast paced flow business.
• Solid knowledge of KYC/AML and data governance policy and understanding of business activities, compliance/risk issues
• Solid understanding of business activities, compliance / risk issues
• 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 KYC First Line of Defense  
• Knowledge of and ability to utilize tools, techniques and processes for gathering data utilizing 3rd party tools such as Dealogic, 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,

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.

Education:

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

The typical base pay range for this role is between $90K - $110K depending on job-related knowledge, skills, experience, and location. This role may also be eligible for certain discretionary performance-based bonuses 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.