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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.
This is an exciting opportunity to oversee the daily operations and execution of a global financial institution’s sanctions compliance program. As a member of the Global Financial Crimes Division (GFCD) Sanctions Compliance Department, this individual will be the SME supporting the Bank’s sanctions compliance program, specifically focusing on financial crimes controls related to audit and testing, regulatory exams and issues management. The ideal candidate will apply practical risk management experience along with sanctions and GFCD policies and processes to develop effective and efficient oversight of sanctions reviews internally; manage the sanctions team regulatory reviews; support issues management activities across the team; and routine maintenance and updating of sanctions policy, standard and program documents to align with an evolving sanctions regulatory environment.
The primary responsibility of this position will be to support the global sanctions compliance team for responding to regulatory exams and information requests outside of an exam, manage sanctions team audits and testing and coordinate with issue owners and risk managers through the various stages of the issues management process. This role is also responsible for supporting the RFCO sanctions teams to ensure harmonization across the program for audit, testing and issues management.
The individual is responsible for ensuring sanctions compliance governance, leadership and oversight to ensure a globally consistent framework for managing sanctions audit, issues and exams while supporting the application of sanctions procedures across all regions. The individual will be expected to liaise effectively with a wide range of stakeholders, including senior sanctions managers, senior executives, GFCD functional roles, regional financial crimes offices (RFCOs), Global Internal Audit, Regulatory Operations and Affairs Office, Testing, First Line managers, and all control functions within the Sanctions Compliance Department.
Responsibilities:
Provide guidance and support on sanctions regulatory exams, to include preparing and reviewing document request responses, and liaising with internal stakeholders to ensure timely responses to inquiries from regulators.
Coordinate, prepare and present sanctions materials for regulatory Keep in Touch (KIT) and other regulatory inquiries/meetings. Interact with regulators and third party examiners/reviewers.
Work with ROAO and various issues management teams to manage exam recommendations, observations, and issues arising from sanctions exams.
Communicate and support RFCOs on sanctions exams, audit and testing reviews, planning and execution as requested by the RFCO.
Coordinate global input on new issues and Management Action Plans to ensure consistency across the program and provide global oversight for sanction Issues Management by providing global support to regional sanctions risk managers, as requested.
Draft sanctions policy, standard and procedural documents. Present to senior leadership across the Sanctions Compliance Department.
Work collaboratively with cross-functional teams in GFCD to ensure effective and efficient exam and issues management.
5+ years and/or equivalent of experience within the public or private sector, inclusive of at least 2 years of sanctions compliance experience.
Bachelor’s degree.
Strong verbal and written communication skills.
Interest in foreign policy and international relations.
Ability to manage competing priorities, work independently to deliver results.
Experience working with financial industry regulators (preferred, though not required).
The typical base pay range for this role is between $104k-$161k 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.
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