FI KYC Maker - Analyst {Anti Money Laundering or AML}

About Us: MUFG Bank, Ltd. is Japans premier bank, with a global network spanning in more than 40 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. MUFG Banks parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the worlds leading financial groups. Headquartered in Tokyo and with over 360 years of history, the Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to be the worlds most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFGs shares trade on the Tokyo, Nagoya, and New York stock exchanges. For more information, visit https://www.mufg.jp/english MUFG Global Service Private Limited: Established in 2020, MUFG Global Service Private Limited (MGS) is 100% subsidiary of MUFG having offices in Bengaluru and Mumbai. MGS India has been set up as a Global Capability Centre / Centre of Excellence to provide support services across various functions such as IT, KYC/ AML, Credit, Operations etc. to MUFG Bank offices globally. MGS India has plans to significantly ramp-up its growth over the next 18-24 months while servicing MUFGs global network across Americas, EMEA and Asia Pacific About the Role: Position Title: Analyst Corporate Title: KYC Analyst Reporting to: Manager Operations Location: Bangalore Job Profile Purpose of Role: This individual will be responsible for undertaking KYC reviews for branches based out of APAC Main Responsibilities: The individual will work under MGS leadership and will ensure effective, and time bound KYC reviews are completed across within required SLA. These responsibilities include, but are not limited to providing support in conducting, the items listed below as per SOPs and may be amended from time to time: Coordinates with internal partners such as Front, Middle and Back Office staff to obtain required information and applicable documentation related to KYC requirements Initiates and completes high quality KYC files inclusive of data input,research, screenings analysisand documents review Identify data anomaliesand assist on root causeanalysis to minimizeerrors Maintain accurateand detailed trackingof KYC file status at all times and other customer recordactivities to ensure completion within required timeframes Independently managemultiple simultaneous requestsinclusive of customerdata maintenance in a high- pressure work environment Promptly addressqueries and assistwith problem-solving of matters receivedfrom applicable Bank personnel Always striveto ensure the KRI, relevantKPI and expected objectives and deliverables are met within the stipulated timeframe Assist and involved in the escalation process to relevantfinancial crime / sanctions team to ensureall KYC files are in good order Ability to detect red flags throughKYC Process and able to articulate clearlynext step/proposed solutions to get through roadblocks during the KYC process Always ensureescalations are handledwith priority and immediate upwardnotification to respective team leader/manager is to be done Always be open to learn from past mistakes, experiences shared by teams and be open to share the same with wider team members SKILLS AND EXPERIENCE: Functional / Technical Competencies: Awareness of detailed KYC knowledge Attention to detail is essential Details technical knowledge of various client types & their structure Excellent communication skills both written and verbal and strong team player Demonstrated experience in establishing strong credibility to build influential relationships stakeholders to identify gaps and improvements within KYC process Work Experience: Person should have a bachelors degree in any stream, any certification/diploma in AML/KYC domain would be and added advantage. 3 to 4 yearsexperience in AML Compliance & KYC preferably within the financialservices industry with experience conducting KYC on Corporates and other institutions. Experience supporting Singapore Experience reviewing comprehensive documents like complexownership structures and Wolfsberg Questionnaires, various organizational documents like MOA/AOA COI etc. Strong working knowledge of AML/Sanctions laws and regulations relative to money laundering and terrorist financing and the ability to apply this knowledge in assessing transaction activity and customer profiles. Must be able to multi-task, adapt well to changing priorities, and effectively prioritize workflow to meet critical deadlines. Mature approach with excellent influential communication (verbal/written) skills Critical thinking and problem-solving skills a must. Ability to work in a fast-paced, demanding environment and must work well under pressure. The ability and willingness to work both independently and in a team, environment is required. Maintains effective working relationships with key businesspartners. Familiarity with Actimizeand other financial crime, risk and compliance applications would be preferred. Effective Internet and research skills and usage of third-party tools. Good knowledge in Microsoft Excel/word.

Location: bangalore, IN

Posted Date: 11/23/2024