Quality Assurance Analyst
Company: MUFG in the Americas
Location: Jersey City
Posted on: February 16, 2020
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 (as ranked by
S&P Global, April 2018). In the Americas, we're 13,000
colleagues, striving to make a difference for every client,
organization, and community we serve. We stand for our values,
developing positive relationships built on integrity and respect.
It's part of our culture to put people first, listen to new and
diverse ideas and collaborate toward greater innovation, speed and
agility. We're a team that accepts responsibility for the future by
asking the tough questions and owning the solutions. Join MUFG and
be empowered to make your voice heard and your actions count.
Reporting to the Quality Control Manager/Team Leader. Responsible
for performing a quality control review of KYC Operations for both
new onboarding and periodic reviews. The objectives of these
reviews include: ensuring KYC requirements are properly met and
documented in accordance with bank standards and regulatory
guidelines; and ensuring KYC process is followed in accordance with
regulatory guidelines. Reviews of variety of client profiles
including the high risk clients. This position is typically
expected to work a very large number of reviews with little
oversight. Serves as a subject matter expert for lower level
Analysts. Assists management in mentoring, coaching, and training
lower level Analysts. Provides technical guidance to staff for
research, analysis and documentation. May be involved in the
interview process for potential candidates for open positions. May
receive delegated responsibilities from management.
- (75%) Perform Quality assurance of client KYC profile completed
by KYC Onboarding team to determine if the review and research were
conducted in accordance with the Quality Assurance standards and
timeframes set for within established procedures, bank policy and
regulatory requirements. Document each review by thoroughly
completing a QA checklist .
- (10%) Perform a 10% review of quality assurance review results
for consensus. Work with Manager to maintain the department's
procedures relative to applicable regulations; communicate new and
changed procedures to staff; and assist with development of CMO
Loan Officer training material.
- (10%) Oversee day to day operations of the CMO Quality
Assurance group, ensuring that work product meets the Bank
standards. Provide guidance to personnel as necessary. Monitor
individual employee work production and error rate. Assist with all
personnel issues including but not limited to, preparation of
timesheets, training and setting work schedules.
- (5%) Assist other departments on a temporary basis as needed.
Perform other duties as assigned.
- Bachelor's degree preferred; applicable work experience will be
- Minimum of 3-5 years direct work experience in AML risk
analysis or equivalent with related experience in other areas of
banking and preferably in the financial services industry.
- Knowledge of Federal regulations (especially BSA/AML, ECOA, CRA
- Previous supervisory/management experience preferred.
Proficient knowledge of MS Word, Excel, Access.
- Ability to work independently and to make informed
- Strong verbal, written and interpersonal communication
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.
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 in employment decisions on the basis of any protected
A conviction is not an absolute bar to employment. Factors such as
the age of the offense, evidence of rehabilitation, seriousness of
violation, and job relatedness are considered in all employment
decisions. Additionally, it's the bank's policy to only inquire
into a candidate's criminal history after an offer has been made.
Federal law prohibits banks from employing individuals who have
been convicted of, or received a pretrial diversion for, certain
Keywords: MUFG in the Americas, Jersey City , Quality Assurance Analyst, Professions , Jersey City, New Jersey
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