Global Sanctions Program Oversight, Vice President
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Job Location:
Irving, TX - USA
Monthly Salary:
$ 109000 - 150000
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Do you want your voice heard and your actions to count
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG) one of the worlds leading financial groups. Across the globe were 150000 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 worlds most trusted financial group its 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.
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.Functional Skills
Working knowledge of relevant regional and international sanctions policies and procedures regulatory guidelines and agencies
Commonly used tools for sanctions screening and reporting (Trade360 etc.)
International banking or financial services industry is required
Bachelors Degree required Advanced Degree (JD/MBA) preferred.
Required Skills
Communicates effectively & demonstrates senior-level leadership
Identifies multiple paths to success using analytical and critical thinking as well as decision-making skills
Operates strategically to support a culture of continuous improvement and systems thinking
Makes sound business decisions in a complex work environment
Collaborates with other business functions and divisions to advance business objectives
Is flexible decisive and able to establish support from leadership
Monitors industry trends and best practices and applies insights to advance the business
Exhibits and fosters optimism resilience flexibility and openness to others ideas
Inspires innovation and values learning as a lifelong professional objective
Leads by example engaging inclusively and with intent
Always acts with integrity
Responsibilities:
Monitoring and investigating transactions and customers to identify potential exposure to sanctioned parties
Oversee Level 2 Sanctions Alert Review operation inclusive of management training and alert review documentation with knowledge of both US and EMEA regulations.
Reviewing sanction alerts identified during Know Your Customer (KYC) onboarding and periodical review
Conducting risk assessments on proposed transactions
Reviewing financial and trade alerts identified by screening systems
Collaborating with global sanctions colleagues to review transactions
Managing transaction screening first line staff
Managing workflows and volumes to ensure all service level agreements are met
Ensuring pertinent data updates (i.e. watchlists customer accounts liabilities) via timely uploads to the banks sanctions screening tools and creating reconciliation reporting as necessary
Ensuring compliance with the Bank Secrecy Act the U.S. Treasury Departments Office of Foreign Assets Control (OFAC) and Antiboycott and other relevant global regulatory policies and agencies
Resolving suspicious cases and alerting other departments as relevant
Developing process improvements to impact decision and investigations list management geographic or risk-entity patterns triggering false-positives etc.
Providing reporting and system data integrity maintenance
Proven success in sanctions compliance or a related discipline
Experience working with and applying sanctions and/or anti-money laundering laws and regulations
The typical base pay range for this role is between $109000 to $150000 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.
Required Experience:
Exec
Key Skills
- Change Management
- Financial Services
- Growing Experience
- Managed Care
- Management Experience
- Analysis Skills
- Senior Leadership
- Performance Management
- Process Management
- Leadership Experience
- negotiation
- Analytics
About Company
MUFG is a leading global financial group backed by 2,700 locations in over 50 countries and regions, offering comprehensive and tailored financial solutions to our clients worldwide.
