KYC Process Governance, AVP

MUFG Bank, Ltd. • $90K — $110K *

Irving, TX 75061In-Person

Finance & Insurance

5 - 7 years of experience

Today

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Job Overview by Ladders

Qualifications

5-7+ years of experience in KYC, AML or related functions.
Excellent written and verbal communication skills.
Strong research and analytical abilities across complex processes.
Self-motivated with an entrepreneurial mindset.
Motivated for continuous improvement and learning.
Ability to lead and coach a small group of SMEs.

Responsibilities

Support the Bank's Compliance Program by monitoring transaction activity.
Review work papers for accuracy and completeness.
Lead field discussions with business line management to address urgent issues.
Track and communicate regulatory changes impacting compliance programs.
Assist in rolling out Compliance initiatives and drafting training materials.
Oversee BAU KYC Advisory functions and train team members.
Manage escalated issues with key stakeholders.

Benefits

Comprehensive health and wellness benefits.
Retirement plans and educational assistance.
Income replacement for employees with disabilities.
Paid maternity and parental bonding leave.
Paid vacation, sick days, and holidays.

Full Job Description

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.

The KYC Process Governance, AVP is responsible for ensuring that all of the firm's activities follow the necessary rules and regulations, and that the firm complies with legal/regulatory boundaries and jurisdictions. Day-to-day focus is on resolution of complex problems or transactions, where expertise is required to interpret against policies, guidelines or processes. Role at this level usually has full ownership for one or more processes, reports, procedures or products, and may also be considered analytical or procedural experts representing a unit or team on cross-function process or project deliverables.

Responsibilities:

Support the Bank's Compliance Program by monitoring transaction activity and escalating actual or potentially suspicious activity for follow-up investigation in accordance with Bank policies and procedures.
Review work papers and supporting documentation for accuracy and completeness, ensuring findings, conclusions, and recommendations are properly supported.
Leads or participates in field discussions with business line management and, where necessary, communicates and/or escalates all issues requiring the business line's or senior management's immediate attention, respectively.
Track regulatory changes impacting compliance programs, summarize changes and communicate changes to the business units.
Assist with the ongoing rollout of Compliance initiatives in CoDA and throughout the Americas. *Draft/edit training materials.

Role Overview

Act as a team leader, overseeing BAU KYC Advisory functions, helping to train other team members both within the immediate team and within the department on KYC related issues. Independent management of escalation pipelines, including following up with stakeholders to resolve issues and queries.
Developing enhancements to the KYC Procedures to address key risks and implementing updates to requirements based on internal and external feedback as well as emerging changes to KYC standards. This includes performing detailed gap analysis, editing draft documents using track changes, circulating changes for peer review and feedback, and communication of official changes to the wider group.
Drafting and development of job aids and training materials.
Supporting simplifications and enhancements to the KYC process as well as contributing to strategic initiatives and controls
Management of escalated issues with key stakeholders such as AMLA, Sanctions and FLoD Control Office including leading meetings, tracking agendas, drafting communications, and contributing to group discussions.
Working to support the centralized training function including training content development and delivery of training in a large group setting.
Assisting with maintenance of internal team SharePoint sites and other administrative duties.

Essential Skills

5-7+ years of experience in KYC, AML or related functions.
Excellent written and verbal communication and interpersonal skills. Ability to take the lead in challenging situations and present competing viewpoints while always maintaining professionalism and composure.
Ability to perform detailed research and analysis. Able to read and comprehend complex interconnected processes and procedures and analyze them through multiple lenses including regulatory, internal, operational, and risk.
Must be self-motivated with ability to work independently and achieve results. Embrace an entrepreneurial mindset with a drive to proactively identify opportunities, take actions, and request feedback from various stakeholders.
Motivated for continuous improvement and learning. Asking questions to ensure comprehension with the goal of becoming a subject matter expert.
Ability to act as a leader of a small group of SMEs, including coaching, decision making, pipeline management and organizational skills.

Nice to Haves

Experience with advanced document editing and/or procedure writing
ACAMS or other financial industry certifications
Experience with prompt writing and AI toolkits
Knowledge or SharePoint development
Team Management/Leadership 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 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

About MUFG Bank, Ltd.

MUFG Bank, Ltd. Careers

There has never been a better time to join the global team at MUFG Bank, Ltd., a premier institution recognized for its leadership in the financial sector. MUFG Bank, Ltd. offers a plethora of job opportunities that cater to a variety of skills and interests, all while fostering professional growth and innovation.

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Join MUFG Bank, Ltd.'s distinguished team to assist some of the most sophisticated clients in navigating their financial landscapes. At MUFG Bank, Ltd., team members lead from a unique position in the marketplace, at the crossroads of financial expertise, industry knowledge, and digital innovation. Engage with a global team of business and financial advisors to help clients master their economic strategies and challenges. Collaborate with the largest group of finance professionals in the industry – a network that spans across continents offering unmatched opportunities for networking and professional development.

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