Kyc Quality Assurance Team Lead

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Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 6th largest financial group in the world. Across the globe, we're 160,000 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.
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Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.
This is a hybrid position. The recruiter will provide additional details.
KYC Quality Assurance Team Lead, AVP
Job Summary:
The First Line of Defense Unit is responsible to perform the Quality Assurance review of KYC routine review. Operations for both new onboarding, periodic reviews and ad-hoc reassessment. The objectives of the routine reviews is to ensure of having a control process to determine whether process output adheres to established quality objectives and to provide reasonable assurance to management that target outcomes are achieved. As such, KYC QA reviews are an integral part of process management and improvement. It is the responsibility of process owners to ensure that results of QA reviews pertaining to the financial crimes control processes under their purview are: (i) communicated to the appropriate parties; and (ii) addressed in a timely manner. This position is typically expected to work a very large number of reviews with little oversight. Provides technical guidance to staff for research, analysis and documentation. May receive delegated responsibilities from management.
Major Responsibilities:

• Directly supervise a team of professional staff to ensure timely completion of the work load. Provide staff with strategic and day-to-day direction in their assigned responsibilities. Perform traditional managerial functions including staff recruiting, establishment of performance goals, coaching and training, performance counseling and appraisal.
• Develop and monitor QA framework, manage work queues, assign cases to analysts
• Perform Quality assurance of client KYC profile completed by KYC Onboarding team to determine if the review and research were conducted in accordance with the Quality Assurance standards and timeframes set for within established procedures, bank policy and regulatory requirements. Document each review by thoroughly completing a QA checklist
• Provide subject matter expertise to KYC functions throughout the enterprise
• Maintain working knowledge of all regulatory obligations and be able to relate them to MUFG policies and procedures
• Contribute to the evolution of global and local KYC policies and guarantee team knowledge of any updates
• Play a key role in the development and roll-out of both strategic and tactical process changes
• Maintain strong working relationship with stakeholders in both the first line and second line of defense
• Perform other duties as assigned

Qualifications:

• Bachelor's degree preferred; applicable work experience will be considered
• Relevant experience in successfully building out and managing a team
• Minimum of 5 years of direct work experience in AML risk analysis or equivalent with related experience in other areas of banking and preferably in the financial services industry
• Knowledge of Federal regulations (especially BSA/AML/OFAC)
• Proficient knowledge of MS Word, Excel, Access.
• Ability to work independently and to make informed decisions.
• Strong verbal, written and interpersonal communication skills.
• Ability to recognize risks and make decisions based on sensory data or known guidelines

The typical base pay range for this role is between $85K - $105K 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. For more information on our Total Rewards package, please click the link below.
MUFG Benefits Summary
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.
We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual's associates or relatives that is protected under applicable federal, state, or local law.
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