Financial Crimes Compliance Testing Unit Vice President

Profile

Financial Crimes Compliance, Testing Unit, Vice President

The candidate will support the Global Financial Crimes Compliance Testing (“GFCCT”) function and leading, or participating on as an individual contributor, a testing team in performing deep dives and targeted risk-based thematic reviews of financial crimes compliance (AML, Sanctions, ABC) processes globally with an emphasis on the design and effectiveness of measures (controls) taken to monitor and mitigate financial crimes risk. Lead, or participate on, a team of testers in conducting and supporting financial crimes compliance reviews for MUFG Bank, Ltd. branches globally, that evaluate the effectiveness of existing financial crimes compliance, as well as the design and implementation of relevant controls, such as escalation processes, documentation of policies and procedures, reporting, list screening, regulatory change management, governance framework, and training. Develop test plans, scripts, procedures, and sampling methodologies that incorporate regulatory expectations, industry developments and lessons learned from regulatory findings and internally identified issues by compliance testing and internal audit. Assist in implementation of a coordinated, consistent, and risk-based AML, Sanctions and ABC testing program. Assist in developing and maintaining quality control processes to drive adherence to Global Testing Standards. Assist in the drive of central coordination, governance, and reporting, leveraging regional structures and best practices. Prepare/review reports summarizing the objectives, scope, findings and conclusions of completed testing. Assist in the validation of Management Action Plans designed to address remediation efforts and testing review findings. Coordinate with Issues Management to monitor and track resolution of financial crimes testing findings. Assist with establishing appropriate testing management routines and ensure proper awareness of testing review results through reporting and other means. Monitor developments, such as changes in the regulatory environment, which may necessitate ad hoc testing. Support general compliance activities and other duties, including special projects as assigned. BA/BS Degree is required; JD, CPA and/or CAMS is a plus. Should have 5-7 years of experience within the financial crimes area of a global bank, consulting firm or regulatory agency. Experience with compliance testing, quality control/assurance processes and/or internal/external audits is required. Should have 3-4 years of experience leading testing efforts in, or exposure to, quality control or quality management functions and results. Test script/procedure creation and/or experience with the test scripting process is required. Experience in leading diverse testing teams is required.

Additional Information

Requisition # 10056311-WD

Company info

Mitsubishi UFJ Financial Group, Inc
1251 Avenue of the Americas
New York
New York
United States 1104
Website : http://www.mufg.jp/english/index.html