Associate, KYCS

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 Associate will lead the New Client Onboarding efforts and serve as a subject matter expert (SME) on KYC/AML processes for financial institution both Banks and Non Bank Financial Institutions (NBFIs) such as funds with GP and LP structures This role involves analyzing high-risk complex client portfolios mentoring junior analysts both onshore and offshore and ensuring the FIs adherence to global and local regulatory standards. The Associate will also contribute to process improvements and policy updates to enhance compliance efficiency.

Job responsibilities

• Lead new client onboarding for FIs and NBFIs identifying gaps in documentation and ensuring alignment with evolving regulatory requirements providing timely and efficient onboarding help reducing time to revenue generation.
• Perform enhanced due diligence (EDD) on high-risk clients including PEPs complex corporate structures and clients in high-risk jurisdictions ensuring compliance with AML/CTF regulations.
• Analyze client ownership structures beneficial ownership and source of funds/wealth to assess risk levels and recommend mitigation measures.
• Investigate and escalate suspicious activities or red flags (e.g. unusual transaction patterns adverse media findings) to the Financial Crime Compliance team.
• Assist in developing and updating KYC procedures and risk assessment frameworks to reflect regulatory changes and industry best practices.
• Prepare detailed reports and metrics on KYC activities for senior management and regulatory audits
• Liaising with Financial Crimes dept to apply applicable exceptions and risk mitigations as appropriate
• Able work within the team and as and individual contributor to manage work loads and changing business priorities
• Where appropriate support the team lead in managing business priorities and driving high levels of customer service to both internal stakeholders and clients.
• Facilitate Client contact and collection of appropriate documentation in line with requirements of KYC policy providing best in class customer service Limit the amount customer requests by utilizing public sources and Bankers Almanac
• Mentor and train junior KYC analysts on best practices regulatory updates and internal procedures.
• Collaborate with cross-functional teams (e.g. legal operations front office FIEDD teams) to streamline onboarding processes while maintaining compliance standards. Team player who can step in for BAU Periodic review team lead
• Ensure effective oversight of the end to end KYC Processes for Financial Institutions utilizing centralized trackers. Proactive experienced problem solver able to quickly identify road blocks and come up with solutions to close out KYC Profiles. Ability to be able to influence internal and external partners including clients.

Job Requirements

• 3-5 years of experience in KYC/AML compliance within a financial institution with a focus on high-risk client analysis.
• In-depth knowledge of global AML/CTF regulations (e.g. FATF FinCEN EU AML Directives) and local banking laws.
• Proficiency in KYC tools transaction monitoring systems and data analysis software; experience with blockchain analytics is a plus.
• Strong problem-solving and decision-making skills with the ability to handle complex cases independently.
• Excellent interpersonal skills to manage relationships with stakeholders and guide junior team members.
• Ability to adapt to changing regulatory environments and implement process improvements.

Mitsubishi UFJ Financial Group (MUFG) is an equal opportunity employer. We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organsational fit regardless of race religion or gender.