The Financial Crimes Office for EMEA (FCOE) in London is part of the Global Financial Crimes Division (GFCD) headquartered in New York. It works to ensure that our organisation conducts its business such that we protect our reputation, our business, and our clients within the regulatory and legal framework. It is responsible for the establishment and maintenance of effective systems and controls to protect clients' assets and to mitigate the risk that MUFG might be used to further financial crime.
MAIN PURPOSE OF THE ROLE
The Sanctions Program Team are responsible for the effective running of the Sanctions Program across all jurisdictions within EMEA.
This includes driving the implementation of MUFG Bank's financial crimes risk appetite, policies and standards through working with Transformation and Technology partners, Country Compliance teams, Operations and Business stakeholders.
The role holder will oversee incident management and support the provision and resolution of audit and testing, tracking issue owner's progress and delivery.
Manage the roll out of Global Policy, Standards and Procedures
Resolve issues identified via MUFG's testing functions, audits, regulatory exams and quality assurance reviews.
Review and assess New Product Approvals in the EMEA region from a sanctions risk perspective
Partner with the Technology function and provide SME input and oversight to the roll out of the systems and controls architecture.
Act as a gatekeeper and control the list management process for EMEA.
Manage the development of a Management Information suite for Sanctions, providing analysis of emerging risks and trends.
Engage with senior stakeholders in the management of live incidents and emerging issues.
Oversee the annual risk assessment process for Sanctions in EMEA.
Manage the periodic regulatory reporting requirements.
A minimum of 2 years in a central sanctions function
A strong knowledge of banking and associated systems and controls for financial crime
SKILLS AND EXPERIENCE
Functional / Technical Competencies:
MS Office skills
Demonstrates strong attention to detail
A good understanding of Banking and Investment products
Broad understanding of financial crime risk (Sanctions, AML and ABC)
A good understanding of the concepts of risk management and control
Manages priorities effectively and delivers efficiently
Proactively identifies and communicates improvements to process
Specific to role
Strong analytical skills
Strong financial sanctions knowledge in particular OFAC and EU regulations
Strong understanding of sanctions systems and controls
Strong relationship building and management skills
Education / Qualifications:
Excellent communication skills
Results driven, with a strong sense of accountability
A proactive, motivated approach.
The ability to operate with urgency and prioritise work accordingly
Strong decision making skills, the ability to demonstrate sound judgement
A structured and logical approach to work
Strong problem solving skills
Excellent interpersonal skills
The ability to manage large workloads and tight deadlines
Excellent attention to detail and accuracy
A calm approach, with the ability to perform well in a pressurised environment
Excellent Microsoft Office skills
MUFG, a global financial group is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.
We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law. We areopen to considering flexible workingrequestsin line with organisational requirements