Assistant Vice President, Sanctions Programs - London, United Kingdom - MUFG - United Kingdom (BTMU)

MUFG - United Kingdom (BTMU)

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

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Description

Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we're 160,000 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.

OVERVIEW OF THE DEPARTMENT/SECTION

The Financial Crimes Office for EMEA (FCOE) in London is part of the Global Financial Crimes Division (GFCD) headquartered in New York.

It works to ensure that our organisation conducts its business such that we protect our reputation, our business, and our clients within the regulatory and legal framework.

It is responsible for the establishment and maintenance of effective systems and controls to protect clients' assets and to mitigate the risk that MUFG might be used to further financial crime.

NUMBER OF DIRECT REPORTS
Up to 3-5 (Contingent workers)

MAIN PURPOSE OF THE ROLE

The Sanctions Program Team is responsible for the effective running of the Sanctions Program across all jurisdictions within EMEA.
This includes driving the implementation of MUFG Bank's financial crimes risk appetite, policies and standards through working with Transformation and Technology partners, Country Compliance teams, Operations and Business stakeholders.
The role holder will:
Oversee contingent work force utilized to manage adhoc spikes of alerts. This will include day to day operationalization and quality control of the team and workload management.
Undertake detailed data analysis, including the identification, collection and migration of data to and from a range of systems.
Summarise and present data and conclusions in the most appropriate format for users and make recommendations on the basis of analysis.
Be responsible for 'Spike Analytics' utilizing core banking systems and excel to identify data trends and enable the bulk closure of associated alerts
Provide support and logístical management to enable Sanctions Programs to deliver its book of work efficiently and effectively across the EMEA region with specific responsibility for the management of Sanctionsrelated projects.
Support the Spike team in the investigation and escalation of sanctions alerts as may be required
Drafting and writing reports, presentations, proposals and risk assessments to support the Sanctions Program. This will require a comprehensive understanding of Sanctions Risk and the ability to tailor materials and messages to relevant audiences. Including presenting to an EMEA wide Sanctions forum as well as senior Compliance stakeholders.
Support the Sanctions Program to drive compliance with MUFG's global policies

KEY RESPONSIBILITIES

Ongoing people management, coaching and development of direct report(s), including fulfilling recruitment requirements, ensuring the team have clearly defined roles and responsibilities.
Provide SME input to key Sanctionsrelated projects to drive successful and timely completion of project deliverables.
Drafting and publishing reports, presentations, proposals, risk assessments and other materials required to support the integration of Global Policy, Standards, Procedures and operating manuals into BAU.
Data analysis and presentation
Stakeholder management
Input into the issue and incident management and support the provision and resolution of audit and testing, tracking issue owner's progress and delivery.
Resolve issues identified via MUFG's testing functions, audits, regulatory exams and quality assurance reviews.
Provide coverage to BAU List Management activities alongside the future implementation of new data lineage controls Review and assess New Product Approvals in the EMEA region from a sanctions risk perspective
Engage with senior stakeholders in the management of live incidents and emerging issues.
Contribute to the annual risk assessment process for Sanctions in EMEA.
Manage periodic regulatory reporting requirements.
Manage the functions SLA requirements ensuring the establishment of SLA's where they are required to support processes and managing their annual review
The role will also provide transformation support for Sanctions related changes.

WORK EXPERIENCE

Essential:

Proven experience in central compliance function, (Sanctions function preferred)
Experience with and strong knowledge of banking and associated systems and controls for financial cr