AVP - Compliance Testing (EMEA) [T500-15015]

About Us: MUFG Bank, Ltd. is Japan’s premier bank, with a global network spanning in more than 40 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. MUFG Bank’s parent, 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, the Group has about 120,000 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 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 Global Service Private Limited: Established in 2020, MUFG Global Service Private Limited (MGS) is 100% subsidiary of MUFG having offices in Bengaluru and Mumbai. MGS 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. 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: AVP Corporate Title: AVP Reporting to: VP – Core Compliance Location: Bengaluru Job Profile Position details: To contribute to the overall success of Compliance Testing and its objectives by delivering a risk based programme of second line compliance for MUFG’s EMEA region. The role includes support of both the Global Head Offices’ assurance programmes and EMEA based testing which may also include opportunities to travel to offices located within EMEA. The role may involve ad-hoc investigations, projects and thematic reviews. In this role, you will be responsible for the Compliance Testing programme across MUFG’s banking and securities business under a dual-hat arrangement. Under this arrangement, you will act and make decisions on behalf of both the bank and the securities business, subject to the same remit and level of authority, and irrespective of the entity which employs you Major Responsibilities: You will be expected to contribute to the overall Compliance Testing framework by:

• Conducting risk-based thematic and desk Tier 1 reviews of the London and EMEA business areas to provide assurance over compliance and conduct risks to key stakeholders
• Supporting the scoping of reviews
• Tracking, managing and taking ownership of the remediation of compliance issues
• Providing support to both the Bank and Securities Head Offices
• Providing regular MI for management and Head Office
• Supporting Compliance Testing projects as directed
• Identifying compliance and conduct risk topics and communicating to the team, division and senior management on any industry updates.
• Coaching, supporting and training junior members of the team
• Other ad-hoc tasks as requested by management

Direct Reports: None

• You will be expected to perform your responsibilities under the supervision of, and reporting to, a line manager. You will be expected to ensure that your line manager is fully aware at all times of your activities and to escalate any issues to the line manager or the Head of Department.
• 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 .

Job Requirements: Functional / Technical Competencies:

• Excellent Microsoft Office(including Excel) skills
• Strong relationship management skills, including with senior stakeholders
• Effective time management skills, with the ability to produce high quality output and meet tight deadlines
• Problem solving, analysis and reporting skills
• Ability to exercise sound judgement, balance risk and practicality to determine appropriate actions/ solutions
• Excellent presentation and interpersonal skills - ability to communicate clearly and concisely both in person and in writing to articulate how an identified issue increases risk for the firm
• Good understanding of Investment Banking and Markets risks and regulations
• Ability to scope reviews, create test scripts and review the work of others
• Strong compliance testing experience required
• Broad understanding of the FCA Handbooks, Regulatory approaches & OFAC Standards

Experience Essential:

• 4 years+ of experience in a compliance assurance and testing role gained in a European or US bank.

Education / Qualifications:

• Degree level
• Relevant industry qualifications relating to Compliance preferred, e.g. CISI

Behavioral Competencies:

• Attention to detail
• Has practical ideas and makes recommendations that challenge current practice
• Takes a solution focused approach to promote continuous improvement
• Incorporates new behaviours and changes quickly to serve as a role model to others
• Fully supports a ‘best practice’ environment
• Identifies opportunities to improve processes
• Is a team player and is willing to teach and help other members of the team

Personal Requirements:

• Excellent communication skills
• Results driven, with a strong sense of accountability
• A proactive, motivated approach.
• The ability to operate with urgency and prioritise work accordingly
• Strong decision making skills with the ability to demonstrate sound judgement
• A structured and logical approach to work
• Strong problem solving skills
• A creative and innovative approach to work
• 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 pressurised environment
• A confident approach, with the ability to provide clear direction to others in the team
• A strategic approach, with the ability to lead and motivate those within your team
• The ability to articulate and implement the vision/strategy for the Compliance Testing & QA department

Equal Opportunity Employer: The MUFG Group is committed to providing equal employment opportunities to all applicants and employees and does not discriminate on the basis of race, colour, national origin, physical appearance, religion, gender expression, gender identity, sex, age, ancestry, marital status, disability, medical condition, sexual orientation, genetic information, or any other protected status of an individual or that individual's associates or relatives, or any other classification protected by the applicable laws.