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KYC Procedure and Process Governance Manager, VP - Hybrid NJ

Company: MUFG
Location: Jersey City
Posted on: May 14, 2022

Job Description:

Do you want your voice heard and your actions to count?Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world. Across the globe, we're 180,000 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.This is a hybrid position. There are flexible work from home options available. A member of our recruitment team will discuss the options with you in more detail.Job SummaryThe VP - First Line of Defense (FLoD) Know Your Customer (KYC) Procedures and Process Governance Manager is a highly critical and visible role, reporting to the Director - Head of Quality Assurance and Process Governance and will serve as a Subject Matter Expert (SME) for the FLoD Control Office by providing guidance on complex KYC requirements, processes, and help operationalize that guidance. Additionally, the individual will provide support and subject matter expertise on enterprise wide projects to ensure KYC processes, risks and solutions are defined, tested, and implemented. The VP - FLoD KYC Procedure and Process Governance Manager is responsible for working with fellow stakeholders within the Control Office, the business units, and the Second Line of Defense (SLoD) to facilitate feedback on efforts related to procedures changes, process improvement, program enhancements, and strategic alignment with KYC execution, processes and requirements.Primary responsibilities include:

  • Manage, draft and coordinate updates and changes to the KYC Procedures, related Operating Manuals, job aides, forms, and etc.
    • Develop and/or conduct targeted KYC training as a result of procedure updates, as needed---Support FLoD Control Office strategic plans and KYC-related procedures;---Field and respond to questions and inquiries related to the KYC procedures and requirements
      • Conduct the analysis and reporting of questionable activity referrals to ensure FLoD staff persons are adhering to AML policy requirements
        • Provide KYC SME guidance and credible challenge to the business units in the Wholesale and Regional Bank regarding the implementation and oversight of their KYC processes
          • Partner with business units to support timely execution of KYC-related business initiatives while ensuring KYC requirements are met
            • Coordinate with the business units and SLoD stakeholders on clarifying scope, process, and interpretation of KYC requirements
              • Measure soundness of the overall KYC Process, including triggers, SLA tracking, KYC Pre-approvals, risk override, and etc.
                • Develop and expand relationships with First Line and Second Line partners;#LI-HybridThe 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.We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual's associates or relatives that is protected under applicable federal, state, or local law.Some MUFG roles require that individuals be fully vaccinated against COVID-19, subject to exemptions for medical or religious reasons, as well as any other reason required by applicable law or order. Should you be selected for an interview, your recruiter will provide additional information.#LI-Hybrid

Keywords: MUFG, Jersey City , KYC Procedure and Process Governance Manager, VP - Hybrid NJ, Executive , Jersey City, New Jersey

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