Senior Analyst - Sanctions Program [T500-16038]

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. For more information, visit 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: Sanctions Programs Senior Analyst Corporate Title: Senior Analyst Reporting to: Director, FCOE Sanctions Programs Location: Bangalore Job Profile Purpose of Role: The Sanctions Programs 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. This includes:

• Supporting and assisting with appetite, policies and standards through working with Country Compliance teams, Operations and Business stakeholders.
• Providing support and logistical management to enable Sanctions Programs to deliver its book of work efficiently and effectively across the EMEA region with specific responsibility for the management Policy adherence, Risk Assessments, MI provision and Issues Management.
• Support the team processes and ensure our organisation conducts its business such that we protect our reputation, our business, and our customers within the regulatory and legal framework.
• As part of a leading global financial group, MUFG is required to act with integrity and meet our corporate responsibilities in the fifty-plus countries and regions where we operate. Ensuring we have a comprehensive financial crime compliance program is one of our most important responsibilities. MUFG has established the Global Financial Crimes Division in New York, USA to lead the program and each region under this program has a Financial Crimes Office.
• Financial Crimes Office EMEA (FCOE) is the regional office responsible for the establishment and maintenance of effective systems and controls to protects customers’ assets ad to mitigate the risk that MUFG might be used to further financial crime in EMEA.
• MUFG’s financial crime compliance framework includes control processes designed to help the Bank detect, deter, and prevent financial crime as well as assess and mitigate related risks (i.e., money laundering and terrorist financing risk, sanctions risk, and bribery and corruption risk) in a manner that is consistent with applicable laws, rules, regulations, supervisory guidance, and commensurate with the Bank’s risk profile and risk appetite.

Main Responsibilities:

• Support the Sanctions Programs Team Lead 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 regulation and Policy oversight 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.
• In addition, the role holder will be required to search the EMEA customer base to ensure that, in compliance with new SEPA Instant Payment regulations, the EMEA customer base is checked ‘immediately’ after new designations are announced by regulators, relevant to EMEA. This resources will also be responsible for instructing restrictions on customer accounts, to certain payment types.
• Undertake List Management activities in accordance with Global Standards.
• Ensuring list updates are completed in timely manner and any issues are resolved with agreed processes and escalated in line with Global Policies and Procedures.
• Undertake Good guy reviews and updates on behalf of the region, across all applicable screening systems.
• Maintain and review the watchlist matrix/landscape for EMEA, across all applicable screening systems.

Candidate Profile: Functional / Technical Competencies:

• MS Office skills
• Proficient user of excel
• Demonstrates strong attention to details
• An understanding of Sanctions role
• Manages priorities effectively and delivers efficiently
• Proactively identifies and communicates improvements to process
• A good understanding of the concepts of risk management and control.

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, 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
• Strong numerical skills
• Excellent Microsoft Office skills

Education & professional qualifications:

• Bachelor’s degree or above

Experience:

• Overall experience of 5-8 years

Essential:

• Experience in a Financial Crime function
• Experience with, and good knowledge of banking and Sanctions controls for financial crime

Preferred:

• Experience in a central Sanctions function
• Previous experience in list management

Managing Conflicts of Interest:

• You will have responsibilities for both Bank and Securities
• You will be required to perform your duties and responsibilities on an entity neutral basis, without favour
• You are required to follow regulatory requirements applicable to ensure each business is appropriately supported and to maintain the legal entity integrity of each of Bank and Securities.
• Working terms are dictated by functional mandates, the terms of the Dual-Hat Arrangement Agreement in place between Bank and Securities and any other relevant agreements entered into between Bank and Securities.
• You have responsibility for identifying and resolving where there may be a difference or conflict in needs between Bank and Securities, escalating to your manager where required.

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.