Trade Services Operations Compliance Controls & Monitoring

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 120,000 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.

The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.

Trade Services Operations Compliance Controls & Monitoring position is located in Tampa, Florida.  This unique First Line of Defense team is responsible for three main compliance activities within two groups:  i) Conducting Trade Finance Due Diligence ii) Reviewing and dispositioning Sanction Alerts and Performing Post Processing compliance reviews.

We're seeking a Vice President to oversee First Line of Defense units responsible for performing Trade finance based due-diligence OR reviewing Sanctions related alerts and performing post processing compliance reviews.

The position requires a strong understanding of all international Trade Finance products and documentation including, Import, Export, and Standby Letters of Credit, and International Collections along with Trade Finance based Red Flag knowledge and Sanctions/OFAC.

You will supervise staff who reviews Trade documentation to identify, remediate, and escalate compliance issues. Teams are responsible for conducting extensive, complex investigations to identify potential suspicious financial and/or fraudulent activity, to include money laundering, terrorist financing, fraud and/or another financial risk or crime.

Responsibilities:

• Supervise the development of, including recommending and implementing, cost effective compliance strategies, policies, and procedures.
• Knowledge of the laws applicable to money laundering, to include the BSA, AML, OFAC requirements, Antiboycott and Suspicious Activity Reporting requirements.
• Review and research suspect items and/or transactions and report suspicious activity as required.
• Communicate with AML Compliance Manager and/or Sanctions Manager any activity and trends that could implicate potential money laundering or terrorist financing.
• Performs routine compliance tasks and deals with routine compliance issues, typically concerning documentation, reporting, etc. May assist in monitoring regulatory issues. Follows established guidelines and procedures.
• Stay apprised of regulatory matters and developments through regular review of appropriate compliance publications and websites and by participating in relevant compliance conferences and other training events.
• Applies knowledge of company policies and standard practices to resolve problems
• Analyzes issues and uses judgment to make decisions. Escalates non-standard problems or issues
• Understanding of banking and financial services, including an understanding of the various types of products, services, and transactions that are typical for the Branch
• Analytical/Investigative skills to determine unusual or possible suspicious activity regarding transaction or account activities

Experience

• 3-5 years in banking, with a strong emphasis on BSA, AML and OFAC laws and regulations.
• Knowledge and experience in international trade and transaction workflows, sanctions and/or anti-money laundering laws and regulations and risk management.
• Experience in analyzing or managing financial crime investigative processes
• Experience preparing and writing disposition outcomes.
• Experience interacting with senior managers and compliance subject matter experts
• Collaborative with strong interpersonal communication skills
• Process oriented coupled with a strong ability to develop appropriate program enhancing strategies
• Detail-oriented and organized execution
• Mentoring, Coaching, Building teamwork skills
• Taking on new projects representing the team
• Proficient with Microsoft Office products (Word, Excel, PowerPoint)

Education

• College Degree preferred but not required.  CAMS certification or specialized training preferred but not required.

The typical base range for this role is between $106 to $147K per year depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays.  For more information on our Total Rewards package, please click the link below.

MUFG Benefits Summary

We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.

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 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.