Financial Crimes - Sanctions Escalations Analyst

$71,000 - $89,000/Yr

MUFG Bank - Tempe, AZ

Full-time - Mid Level

Tempe, AZ

10,001+ employees

Credit Intermediation and Related Activities

About the position

Do you want your voice heard and your actions to count? Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups. Across the globe, we're 120,000 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 world's most trusted financial group, it's 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. MUFG is one of the largest financial institutions in the world with an extensive network of operations spanning over 50 countries. The Americas Sanctions Compliance function protects this global network from dealings with terrorists, narcotics traffickers, weapons proliferators and other parties subject to US economic sanctions. This diverse team of highly dedicated professionals is responsible for investigating transactions and customers to identify potential exposure to sanctioned parties. This role will provide significant exposure into Bank's global operations to continuously detect and mitigate risks associated with Financial Crimes. We are looking for a Sanctions Escalations Analyst to join the Bank's Financial Crimes Compliance group. As part of the team, you will be responsible for investigating transactions and customers to identify potential exposure to sanctioned parties. The role will provide significant exposure to the Bank's global operations to continuously detect and mitigate risks associated with Financial Crimes. You should have a passion for investigations, national security, and financial crimes compliance to succeed.

Responsibilities

• Review financial and trade alerts identified by screening systems to figure out if the alerts are true or false-positive matches.
• Conduct additional investigation when necessary, documenting all decisions and findings with supporting rationale.
• Escalate suspicious cases and/or patterns to senior leadership within Americas Sanctions Compliance and other areas of the Bank.
• Identify areas of improvement around the decision and investigations processes.
• Identify and recommend list management improvements, for example, clarify handling instructions or recommend enhancements to geographic or risk-entity patterns triggering false-positives.
• Provide reporting and system maintenance support.
• Attend regular meetings with the Head of Americas Sanctions and Global Head of Sanctions.
• Liaise and partner with Sanctions colleagues in the US (first and second line), Japan, London, and Singapore on reviewing transactions.
• Contribute and Lead Sanctions program enhancements, and produce pertinent metrics and reporting.
• Stay abreast of changes in a fast-moving regulatory environment to ensure appropriate risk is identified and dispositioned.
• Review and assess risk and operational impact of internally distributed Sanctions guidance; and Support general compliance activities and other duties, including special projects, as assigned.

Requirements

• 3 years of experience working in Sanctions Compliance or a related field.
• Knowledge of sanctions and/or anti-money laundering laws and regulations.
• Strong analytical and problem-solving skills.
• Ability to communicate effectively with senior leaders and stakeholders.
• Strong communication skills (verbal and written); and B.A. /B.S. Degree or equivalent.

Benefits

• Paid parental leave
• Paid holidays
• Health insurance
• Tuition reimbursement
• Parental leave
• Retirement plan