Job Description
About Us:
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with over 2,700 locations in more than 50 markets. The Group has over 180,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to “be the world’s most trusted financial group” through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and Current York stock exchanges. 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. In Asia, MUFG has a presence across 20 markets – Australia, Bangladesh, Cambodia, China, Hong Kong, Indonesia, India, South Korea, Laos, Malaysia, Mongolia, Myanmar, New Zealand, Pakistan, Philippines, Singapore, Sri Lanka, Taiwan, Thailand and Vietnam. It has also formed strategic partnerships with some of the most prominent banks in Southeast Asia, further augmenting its unrivalled network across the region – VietinBank in Vietnam, Krungsri in Thailand, Security Bank in the Philippines and Bank Danamon in Indonesia.
MUFG Global Service (MGS):
Established in 2019, 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, Trade Finance etc. to MUFG Bank offices globally. With a current headcount of over 1000 employees, 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”About the
Role
Position Title:
FCOE – Sanctions Programs - Regulatory Change, Policy & Governance
Corporate Title:
AVP
Reporting to:
Vice President, Sanctions Programs
Location:
Bangalore
Job Profile
Purpose of Role:
The Sanctions Program Team is responsible for the effective running of the Sanctions Program across all jurisdictions within EMEA. The team ensure the robust management of the broader Sanctions Control Framework, in support of this they provide oversight, SME knowledge and support to other Sanctions Teams.
Main Responsibilities:
- Support the Sanctions Programs Team with Sanctions regulatory oversight and work required to ensure continued regional compliance with sanctions and the Sanctions Policy and Governance framework. This will involve supporting the onshore Sanctions Programs Team members to document updates to sanctions regimes (following horizon scanning), participating in undertaking impact assessments, supporting with review and proposed updates to operating manuals and tracking related progress across the region.
- Supporting governance activities by arranging internal forums and meetings, preparing materials such as
- slides and minutes and collaborating with other teams when they request input for presentations to their own governance forums.
- Managing the lifecycle of Inter-Affiliate Agreements (IAA), including reviewing, renewing, and collaborating with branches to complete them in line with regulatory requirements and internal standards.
- Work with Transformation colleagues to manage Regional Sanctions Book of Work, coordinating across sub-functions, to enable team coverage of a dynamic workload.
- Manage queries and escalations from local and global stakeholders related to the Sanctions Policy and
- Governance framework of the Bank.
- Provide support as may be required to support other Sanctions Programs activities
- Provide subject matter expertise on economic sanctions, and the related controls, in particular HMT, EU, and OFAC.
- Seeking to identify actions / tasks in order to implement improvements to relevant financial crime procedures or processes.
- Being responsible for ensuring that actions are appropriately assigned and delivered in a timely manner
- Collaborating and communicating with various teams and key stakeholders across the Bank.
- Working with the Sanctions Team and other action owners to implement new controls and enhance procedures by assessing regulatory changes, determining their impact on sanctions controls, and ensuring updates are accurately reflected in operating manuals and effectively implemented across processes.
- Engaging with senior stakeholders across local, regional, and global teams to communicate regulatory changes, assess their impact on sanctions controls, and ensure alignment in operating manuals and processes.
- Support other components of the sanctions team as appropriate.
Candidate Profile:
Skills and knowledge:
- Manages priorities effectively and delivers efficiently,
- Demonstrates strong attention to detail
- A good understanding of the concepts of risk management and control
- A good understanding of Banking and Investment products
- Broad understanding of financial crime risk (Sanctions, AML and ABC)
- Proactively identifies and communicates improvements to process
- Project planning, delivery and management experience.
- Sanctions process knowledge and horizon scanning
- Strong stakeholder management and influencing skills, including engagement with senior executives across regions.
- Experience managing governance activities, including preparing executive-level materials for forums.
- Excellent written and verbal communication skills
- Results driven, with a robust sense of accountability
- A proactive, motivated approach.
- The ability to operate with urgency and prioritize work accordingly
- Ability to demonstrate sound judgement
- 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 pressurized environment
- Excellent Microsoft Office skills
Education & professional qualifications:
- BA/BS Degree required, Finance, Business, or related field.
- Relevant Qualification (ACAMS, ICA or equivalent)
Experience:
- 10-15 years of experience in Financial Crime function.
- A minimum of 4 years in a central Sanctions function in policy governance frameworks within a global banking environment
- Prior involvement in horizon scanning and regulatory impact assessments
- Familiarity with operating model enhancements and process improvement initiatives.
- Exposure to cross-border compliance coordination and multi-jurisdictional regulatory requirements.
- Advanced skills in preparing executive-level presentations and reports for governance forums.
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with over 2,700 locations in more than 50 markets. The Group has over 180,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to “be the world’s most trusted financial group” through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and Current York stock exchanges. 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. In Asia, MUFG has a presence across 20 markets – Australia, Bangladesh, Cambodia, China, Hong Kong, Indonesia, India, South Korea, Laos, Malaysia, Mongolia, Myanmar, New Zealand, Pakistan, Philippines, Singapore, Sri Lanka, Taiwan, Thailand and Vietnam. It has also formed strategic partnerships with some of the most prominent banks in Southeast Asia, further augmenting its unrivalled network across the region – VietinBank in Vietnam, Krungsri in Thailand, Security Bank in the Philippines and Bank Danamon in Indonesia.
MUFG Global Service (MGS):
Established in 2019, 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, Trade Finance etc. to MUFG Bank offices globally. With a current headcount of over 1000 employees, 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”About the
Role
Position Title:
FCOE – Sanctions Programs - Regulatory Change, Policy & Governance
Corporate Title:
AVP
Reporting to:
Vice President, Sanctions Programs
Location:
Bangalore
Job Profile
Purpose of Role:
The Sanctions Program Team is responsible for the effective running of the Sanctions Program across all jurisdictions within EMEA. The team ensure the robust management of the broader Sanctions Control Framework, in support of this they provide oversight, SME knowledge and support to other Sanctions Teams.
Main Responsibilities:
- Support the Sanctions Programs Team with Sanctions regulatory oversight and work required to ensure continued regional compliance with sanctions and the Sanctions Policy and Governance framework. This will involve supporting the onshore Sanctions Programs Team members to document updates to sanctions regimes (following horizon scanning), participating in undertaking impact assessments, supporting with review and proposed updates to operating manuals and tracking related progress across the region.
- Supporting governance activities by arranging internal forums and meetings, preparing materials such as
- slides and minutes and collaborating with other teams when they request input for presentations to their own governance forums.
- Managing the lifecycle of Inter-Affiliate Agreements (IAA), including reviewing, renewing, and collaborating with branches to complete them in line with regulatory requirements and internal standards.
- Work with Transformation colleagues to manage Regional Sanctions Book of Work, coordinating across sub-functions, to enable team coverage of a dynamic workload.
- Manage queries and escalations from local and global stakeholders related to the Sanctions Policy and
- Governance framework of the Bank.
- Provide support as may be required to support other Sanctions Programs activities
- Provide subject matter expertise on economic sanctions, and the related controls, in particular HMT, EU, and OFAC.
- Seeking to identify actions / tasks in order to implement improvements to relevant financial crime procedures or processes.
- Being responsible for ensuring that actions are appropriately assigned and delivered in a timely manner
- Collaborating and communicating with various teams and key stakeholders across the Bank.
- Working with the Sanctions Team and other action owners to implement new controls and enhance procedures by assessing regulatory changes, determining their impact on sanctions controls, and ensuring updates are accurately reflected in operating manuals and effectively implemented across processes.
- Engaging with senior stakeholders across local, regional, and global teams to communicate regulatory changes, assess their impact on sanctions controls, and ensure alignment in operating manuals and processes.
- Support other components of the sanctions team as appropriate.
Candidate Profile:
Skills and knowledge:
- Manages priorities effectively and delivers efficiently,
- Demonstrates strong attention to detail
- A good understanding of the concepts of risk management and control
- A good understanding of Banking and Investment products
- Broad understanding of financial crime risk (Sanctions, AML and ABC)
- Proactively identifies and communicates improvements to process
- Project planning, delivery and management experience.
- Sanctions process knowledge and horizon scanning
- Strong stakeholder management and influencing skills, including engagement with senior executives across regions.
- Experience managing governance activities, including preparing executive-level materials for forums.
- Excellent written and verbal communication skills
- Results driven, with a robust sense of accountability
- A proactive, motivated approach.
- The ability to operate with urgency and prioritize work accordingly
- Ability to demonstrate sound judgement
- 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 pressurized environment
- Excellent Microsoft Office skills
Education & professional qualifications:
- BA/BS Degree required, Finance, Business, or related field.
- Relevant Qualification (ACAMS, ICA or equivalent)
Experience:
- 10-15 years of experience in Financial Crime function.
- A minimum of 4 years in a central Sanctions function in policy governance frameworks within a global banking environment
- Prior involvement in horizon scanning and regulatory impact assessments
- Familiarity with operating model enhancements and process improvement initiatives.
- Exposure to cross-border compliance coordination and multi-jurisdictional regulatory requirements.
- Advanced skills in preparing executive-level presentations and reports for governance forums.
💡 Quick Summary
Seeking a career-building opportunity? The Assistant Vice President, Sanctions Programs () 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.
