Senior Analyst KYC

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 150,000 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.

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 New 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.

For more information, visit https://www.mufg.jp/english

MUFG Global Service Private Limited (Also known as MESI earlier)

Established in 2019, MUFG Enterprise Solutions India Private Limited (MES India) is 100% subsidiary of MUFG Bank Ltd having offices in Bengaluru and Mumbai. MES India 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. With a current headcount of around 250, MES 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: KYC Senior Analyst

Corporate Title: Analyst                                

Reporting to: Manager or Assistant Vice President or Vice President

Location: Bangalore               

Job Profile

Position Detail :

This individual will be responsible for conducting periodic KYC reviews/New Business Onboarding/Ad-hoc review for all MUFG Bank and MUFG Securities booking to EMEA region, these are primary Financial Institution, Banks, Corporates, and Individual customers (existing & new business relationships). The role will require to perform customer Due Diligence based on the required regulatory standards, including, Screening (Bribery, Corruption, Adverse Media & Sanctions), Regulatory classification and other suitability assessments like risk and enhance due diligence based on scenario.

The individual will work under MESI leadership to ensure effective and time bound due diligence is completed on cases within required SLA.

Roles and Responsibilities:

Individual will be responsible to conduct Know Your Customer (“KYC”) Operations services including Customer Due Diligence (“CDD”) for New to Bank or Existing Clients based on standard operating procedures (“SOP”), Operating manuals (“OM”) as defined by the local, regional, and global FC Teams.

These responsibilities include, but are not limited to providing support in conducting, the items listed below as per SOPs and may be amended from time to time:

Ø  Customer Due Diligence (“CDD”) and Enhanced Due Diligence (“EDD”) profile production for Head Office and other Global branches / affiliates/Corporates/Financial institution/Funds/Bank/individuals.

Ø  Checking client information through publicly / internally available sources which ae sourced by analyst.

Ø  Prepare & check the KYC questionnaire, emails or calls with Client for outreach process  

Ø  Checking screening performed by analyst in accordance with Bank policy and escalate true hits to Adverse Findings

Ø  Complete & review CDD and EDD profiles to a pre-determined review schedule in a timely manner

Ø  Act as Subject Matter expert in providing guidance on first level escalation or exception scenarios

Ø  Responsible for some of the key top tier Clients or Front Office Desks basis the business requirements

Ø  Assist the business where changes occur to existing customer profiles, by taking appropriate actions (i.e., Event Driven Reviews, administrative triggers, escalations)

Ø  Complete relevant Identification, Verification and Bribery/Corruption checks for prospective transactions for existing or new to bank Clients to identify potential reputational, business, PEP (Politically Exposed person) , adverse media hits and Sanction risks etc.

Ø  Liaise and connect directly with Clients, Sales, Relationship Manager, onshore teams and Local Account Officer within Client management and KYC teams and assist where appropriate.

Ø  Timely and proactive escalation and resolution of issues, working closely with local and regional management

Ø  Drive to build knowledge within the Anti-Money Laundering sector and to understand the rationale for underlying policy requirements.

Mitsubishi UFJ Financial Group (MUFG) is an equal opportunity employer. We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organsational fit, regardless of race, religion or gender.