Financial Crimes Compliance Operations, Analyst at MUFG Bank, Ltd. — Irving, TX

Overview

The Financial Crimes Compliance Operations Analyst would be responsible for conducting extensive, complex investigations to identify potentially suspicious financial and/or fraudulent activity, to include money laundering, terrorist financing, fraud and/or any other financial risk or crime. The Investigator will make recommendations to the AML Financial Intelligence Unit Manager regarding suspicious activity and will be responsible for preparing Suspicious Activity Reports (“SAR”) in compliance with established regulatory guidelines and time frames.

Responsibilities/Requirements:

• Knowledge of the laws applicable to money laundering, to include the BSA, The Patriot Act, U.S. Treasury AML guidelines, OFAC requirements and Suspicious Activity Reporting requirements.
• Review and research suspect items and/or transactions and report suspicious activity as required
• Communicate with AML Compliance Manager any activity and trends that could implicate potential money laundering or terrorist financing.
• Performs routine compliance tasks and deals with routine compliance issues, typically concerning documentation, reporting, etc. May assist in monitoring regulatory issues. Follows established guidelines and procedures.
• Stay apprised of regulatory matters and developments through regular review of appropriate compliance publications and websites and by participating in relevant compliance conferences and other training events.
• Applies knowledge of company policies and standard practices to resolve problems
• Analyzes issues and uses judgment to make decisions. Escalates non-standard problems or issues
• Understanding of banking and financial services, including an understanding of the various types of products, services, and transactions that are typical for the Branch
• Analytical/Investigative skills to determine unusual or possible suspicious activity regarding transaction or account activities.

Experience

• Exposure to financial crime compliance, due diligence, investigations, or regulatory roles a plus
• Advanced knowledge of global AML, anti-bribery and corruption (ABC), sanctions, and financial crime regulations, regimes, typologies, and frameworks
• Strong knowledge of transaction monitoring systems, alerting tools, and case management platforms
• Expertise in forensic analysis
• Strong ability to understand regulatory guidance and internal policy documents
• Specialized knowledge of know your customer (KYC), suspicious activity reporting (SAR), and investigative techniques
• Advanced knowledge of industry standard KYC practices (customer identification program (CIP), customer due diligence (CDD), enhanced due diligence (EDD), etc.)
• Advanced knowledge of financial crimes typologies
• Experience with compliance tools and systems (e.g., Actimize, World Check, LexisNexis) is a plus
• Ability to analyze financial data and identify suspicious activity
• Strong documentation and reporting skills

Education

• Degree in criminal justice, finance, business administration, or a related field, or equivalent work experience equally preferable
• Relevant financial crime or anti-money laundering (AML) certification preferred

The typical base pay range for this role is between $70,000 to $82,000 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