Analyst, KYCS

Mitsubishi UFJ Financial Group

Job Location:

Hong Kong - Hong Kong

Monthly Salary: Not Disclosed

Posted on: Yesterday

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.

Job Responsibilities:

Drive regional standardization of KYC Process within Branch across business lines and assist Marketing Officer to streamline process on Completion of KYC Periodic review (FI clients) New On-boarding and Trigger event (Weighting: 20%)
Deal with immediately for any rejection or further request of additional information
Ensure that all applicable controls and regular review of all Trackers are on timely initiation and Completions whilst identifying anomalies investigating and resolving identified issues
Escalate any issues as early as possible for avoiding late identification of issue which could impact on time completion
Become and to be a subject matter expert for RMs in all KYC Matters providing advice and solutions
Ensure High Levels of customer service when interacting with clients and promote MUFG in a positive light with high standard of service provided
Process efficiency as well as reduce cost
Utilize eApproval workflow to confirm the process and circulation
Participate in the paperless work environment to reduce paper printing and submit the KYC documents in softcopies for review
Initiation of KYC review to assist Marketing Officer to handle New On-boarding Periodic review (FI clients) and Trigger event(Weighting: 45%)
To initiate the process of KYC PR and material trigger event with 7 days of identification (at least 4 months prior to the PR due date completed by 15th Each Month or other agreed date) by conducting company search and checking the documents retained.
Prepare request letter to initiate the KYC PR with customer. Follow up with customers (at least 3 times) to ensure the necessary documents and information are obtained without delay.
If the documents/information are still not received after following up for 3 times escalate the case to RM in-charging the customer at least 75 days before the PRs due date and 45days for Material trigger events for RMs assistance for collection of documents/information from the customers.
Complete the On-Boarding initiation within 2 business day
Work effectively in accordance with Compliance Policies (Weighting: 5%)
No compliance breaches or incidents and no past due e-learning to ensure that we are always aware of the constantly changing Compliance regulations and be able to adopt the rules and regulations into our daily working environment
Identify and implement tactics to streamline workflows and reduce time spent on back and forth of returns of first submissions (Weighting: 20%)
Understanding of Banker Almanac T24 FATCA CRS OM and G-COP operational workflow
Actively participate in an extensive training program provided by the department
Prioritize tasks and manage their time effectively to meet deadlines

Job Requirements:

1-3 years of experience in KYC/AML operations within KYC Operations with a focus on high Medium and Low Corporate 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. Language Skills English Cantonese and Mandarin (Japanese would be a distinct advantage but not Mandatory for this role.

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.

Required Experience:

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...

Do you want your voice heard and your actions to count

Join MUFG where being inspired is expected and making a meaningful impact is rewarded.

Job Responsibilities:

Drive regional standardization of KYC Process within Branch across business lines and assist Marketing Officer to streamline process on Completion of KYC Periodic review (FI clients) New On-boarding and Trigger event (Weighting: 20%)
Deal with immediately for any rejection or further request of additional information
Ensure that all applicable controls and regular review of all Trackers are on timely initiation and Completions whilst identifying anomalies investigating and resolving identified issues
Escalate any issues as early as possible for avoiding late identification of issue which could impact on time completion
Become and to be a subject matter expert for RMs in all KYC Matters providing advice and solutions
Ensure High Levels of customer service when interacting with clients and promote MUFG in a positive light with high standard of service provided
Process efficiency as well as reduce cost
Utilize eApproval workflow to confirm the process and circulation
Participate in the paperless work environment to reduce paper printing and submit the KYC documents in softcopies for review
Initiation of KYC review to assist Marketing Officer to handle New On-boarding Periodic review (FI clients) and Trigger event(Weighting: 45%)
To initiate the process of KYC PR and material trigger event with 7 days of identification (at least 4 months prior to the PR due date completed by 15th Each Month or other agreed date) by conducting company search and checking the documents retained.
Prepare request letter to initiate the KYC PR with customer. Follow up with customers (at least 3 times) to ensure the necessary documents and information are obtained without delay.
If the documents/information are still not received after following up for 3 times escalate the case to RM in-charging the customer at least 75 days before the PRs due date and 45days for Material trigger events for RMs assistance for collection of documents/information from the customers.
Complete the On-Boarding initiation within 2 business day
Work effectively in accordance with Compliance Policies (Weighting: 5%)
No compliance breaches or incidents and no past due e-learning to ensure that we are always aware of the constantly changing Compliance regulations and be able to adopt the rules and regulations into our daily working environment
Identify and implement tactics to streamline workflows and reduce time spent on back and forth of returns of first submissions (Weighting: 20%)
Understanding of Banker Almanac T24 FATCA CRS OM and G-COP operational workflow
Actively participate in an extensive training program provided by the department
Prioritize tasks and manage their time effectively to meet deadlines

Job Requirements:

1-3 years of experience in KYC/AML operations within KYC Operations with a focus on high Medium and Low Corporate 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. Language Skills English Cantonese and Mandarin (Japanese would be a distinct advantage but not Mandatory for this role.

Required Experience:

Key Skills

ArcGIS
Intelligence Community Experience
GIS
Python
Computer Networking
Data Collection
Intelligence Experience
R
Relational Databases
Analysis Skills
Data Management
Application Development

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About Company

Mitsubishi UFJ Financial Group

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.

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