Job Description
About MUFG:
MUFG Bank, Ltd. is Japan’s premier bank, with a global network spanning more than 50 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments and individuals worldwide.
The Financial Crimes Office for EMEA (FCO EMEA) in London is part of the Global Financial Crimes Division 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.
For more information, visit https://www.mufg.jp/english
MUFG Global Services Private Limited (MGS)
Established in 2020, MUFG Global Services (MGS) is 100% subsidiary of MUFG Bank Ltd having offices in Bengaluru and Mumbai. MGS has been set up as a Global Capability Centre / Centre of Excellence to provide support services across various functions such as IT, KYC/ AML, Credit, Operations etc. to MUFG Bank offices globally. MGS India has plans to significantly ramp-up its growth over the next 18-24 months while servicing MUFG’s global network across Americas, EMEA and Asia Pacific.
Main purpose of the role:
FCOE is part of GFCD in London. We want to work with ambitious, energetic, service-focused people passionate about Financial Crimes, who are dedicated to protecting our customers and the wider global economy. MUFG has publicly stated that it is committed to “empowering a brighter future” to meet its aim to become the world’s most trusted financial group. We invest in our people by providing opportunities for personal growth – at the local management level we empower you to make a difference through the work that you do. You will be working in an international environment that enables you to develop your own world-class Financial Crimes and risk reduction skills and capabilities.
FCOE is responsible for the establishment and maintenance of effective systems and controls to protect customers’ assets and to mitigate the risk that MUFG might be used to further financial crime.
The FCOE Technology Team key responsibility is ensuring that all financial crime screening systems are working correctly i.e. as expected and appropriately. This will involve ongoing testing and tuning of existing systems and functional/user acceptance testing of new systems.
The Transformation Team was established to help support the delivery of key Financial Crime initiatives. The role will involve the creation and execution of action plans to implement these key initiatives, enhance efficiency as well as close issues, remediate gaps. The role is required to help support the delivery of the new and ongoing change initiatives across the Financial Crime portfolio. Covering Sanctions, AML and ABC, the role involves close working relationship with the regional and global Financial Crime teams.
In all your activities ensure that the legal entity integrity of both the MUFG Bank Ltd and MUFG Securities EMEA plc is respected, escalating to your supervisor if you identify any actual or perceived conflicts of interest between them.
Key Responsibilities:
In this role, you will be responsible for supporting FCOE Technology team to deliver key projects across EMEA. Working with the Sanctions, AML or ABC teams to actively progress projects and deliverables to ultimately implement and embed the new initiatives for Financial Crime in the Region and across the EMEA Branch network.
This includes the following activities:
• Identify and execute actions / tasks to support the implementation of improvements to financial crime systems, procedures.
• Collaborate with numerous teams globally, working with SMEs and action owners on the delivery and rollout of operational projects, and system enhancements.
• Monitor and report status progress to Global and Regional Governance Forums to agreed timelines.
• Proactively identify Actions, Risks or Issues and report and escalate as appropriate.
Additionally, as a member of the FCOE, you will contribute to:
• Contributing to business-as-usual activity of the FCOE department
• Delivering high-quality and pro-active support to business activities, assisting the firm to do business in the right way and to grow its business-footprint.
• Ensuring key processes are run efficiently to deliver quality and reliable information, to support the firm’s business growth and control procedures.
• Work Experience: 3–5-year relevant experience in a financial services firm, consultancy firm, regulatory agency or law firm
MUFG Bank, Ltd. is Japan’s premier bank, with a global network spanning more than 50 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments and individuals worldwide.
The Financial Crimes Office for EMEA (FCO EMEA) in London is part of the Global Financial Crimes Division 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.
For more information, visit https://www.mufg.jp/english
MUFG Global Services Private Limited (MGS)
Established in 2020, MUFG Global Services (MGS) is 100% subsidiary of MUFG Bank Ltd having offices in Bengaluru and Mumbai. MGS has been set up as a Global Capability Centre / Centre of Excellence to provide support services across various functions such as IT, KYC/ AML, Credit, Operations etc. to MUFG Bank offices globally. MGS India has plans to significantly ramp-up its growth over the next 18-24 months while servicing MUFG’s global network across Americas, EMEA and Asia Pacific.
Main purpose of the role:
FCOE is part of GFCD in London. We want to work with ambitious, energetic, service-focused people passionate about Financial Crimes, who are dedicated to protecting our customers and the wider global economy. MUFG has publicly stated that it is committed to “empowering a brighter future” to meet its aim to become the world’s most trusted financial group. We invest in our people by providing opportunities for personal growth – at the local management level we empower you to make a difference through the work that you do. You will be working in an international environment that enables you to develop your own world-class Financial Crimes and risk reduction skills and capabilities.
FCOE is responsible for the establishment and maintenance of effective systems and controls to protect customers’ assets and to mitigate the risk that MUFG might be used to further financial crime.
The FCOE Technology Team key responsibility is ensuring that all financial crime screening systems are working correctly i.e. as expected and appropriately. This will involve ongoing testing and tuning of existing systems and functional/user acceptance testing of new systems.
The Transformation Team was established to help support the delivery of key Financial Crime initiatives. The role will involve the creation and execution of action plans to implement these key initiatives, enhance efficiency as well as close issues, remediate gaps. The role is required to help support the delivery of the new and ongoing change initiatives across the Financial Crime portfolio. Covering Sanctions, AML and ABC, the role involves close working relationship with the regional and global Financial Crime teams.
In all your activities ensure that the legal entity integrity of both the MUFG Bank Ltd and MUFG Securities EMEA plc is respected, escalating to your supervisor if you identify any actual or perceived conflicts of interest between them.
Key Responsibilities:
In this role, you will be responsible for supporting FCOE Technology team to deliver key projects across EMEA. Working with the Sanctions, AML or ABC teams to actively progress projects and deliverables to ultimately implement and embed the new initiatives for Financial Crime in the Region and across the EMEA Branch network.
This includes the following activities:
• Identify and execute actions / tasks to support the implementation of improvements to financial crime systems, procedures.
• Collaborate with numerous teams globally, working with SMEs and action owners on the delivery and rollout of operational projects, and system enhancements.
• Monitor and report status progress to Global and Regional Governance Forums to agreed timelines.
• Proactively identify Actions, Risks or Issues and report and escalate as appropriate.
Additionally, as a member of the FCOE, you will contribute to:
• Contributing to business-as-usual activity of the FCOE department
• Delivering high-quality and pro-active support to business activities, assisting the firm to do business in the right way and to grow its business-footprint.
• Ensuring key processes are run efficiently to deliver quality and reliable information, to support the firm’s business growth and control procedures.
• Work Experience: 3–5-year relevant experience in a financial services firm, consultancy firm, regulatory agency or law firm
💡 Quick Summary
Seeking a career-building opportunity? The Analyst - FCOE Transformation [T500-22*71] position is now open for candidates interested in the Bank Jobs sector. This role in Bangalore offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.