Analyst - Program Testing

About Us MUFG Bank, Ltd. is Japans 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 Banks parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the worlds 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 worlds 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. MUFGs shares trade on the Tokyo, Nagoya, and New York stock exchanges. For more information, visit https://www.mufg.jp/english 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 MUFGs global network across Americas, EMEA and Asia Pacific About the Role Position Title: Analyst, EMEA Regional Testing Team Corporate Title : Analyst Reporting to: Vice President, Regional Testing Team, GFCD Location: Bangalore Job Profile Purpose of Role Responsible for supporting the Global Financial Crimes Compliance Testing (GFCCT) function in performing deep dives and targeted risk-based thematic reviews of financial crimes compliance (AML, Sanctions, ABC) processes globally with an emphasis on the design and effectiveness of measures (controls) taken to monitor and mitigate financial crimes risk. Main Responsibilities Specifically, you will be accountable and responsible for taking appropriate action with respect to the Companys and EMEA Regional Testing Team, GFCD, including: Responsible for supporting the Global Financial Crimes Compliance Testing (GFCCT) function in performing deep dives and targeted risk-based thematic reviews of financial crimes compliance (AML,Sanctions, ABC) processes globally with an emphasis on the design and effectiveness of measures (controls) taken to monitor and mitigate financial crimes risk. Bank and Securities Responsible for assisting in conducting and supporting financial crimes compliance reviews for MUFG branches globally, that evaluate the effectiveness of existing financial crimes compliance As well as the design and implementation of relevant controls, such as escalation processes,documentation of policies and procedures, reporting, list screening, regulatory change management, governance framework, and training. Responsible for assisting in developing test plans, scripts, procedures, and sampling methodologies that incorporate regulatory expectations, industry developments and lessons learned from regulatory finding and internally identify issues by compliance testing and internal audit Responsible for assisting in implementation of a coordinated, consistent and risk-based AML,Sanctions and ABC testing program Responsible for assisting in developing and maintaining quality control processes to drive adherence to Global Testing Standards Responsible for assisting in the drive of central coordination, governance, and reporting, leveraging regional structures and best practices Responsible for assisting in preparing/reviewing reports summarizing the objectives, scope findings and conclusions of completed testing Responsible for assisting in the validation of Management Action Plans designed to address remediation efforts and testing review findings Responsible for assisting in the coordination with Issues Management for monitoring and tracking resolution of financial crimes testing findings Responsible for assisting in monitoring developments, such as changes in the regulatory environment, which may necessitate ad hoc testing\ Responsible for assisting supporting general compliance activities and other duties, including special projects as assigned Maintain and enhance good working relationships with stakeholders, across the region and globally to share best practices, provide support and develop effective local policies and procedures appropriate to the Company, and working in support of the One MUFG and overall Group strategy. Candidate Profile Skills and knowledge Technical Capability (if applicable) You are responsible for having and maintaining: Excellent judgment and analytical skills Ability to learn quickly Strong written and verbal communication skill Relationship with other functions and stakeholders Education & professional qualifications Bachelors Degree or above. Experience 2 to 4 years of relevant experience, including experience in the financial crimes compliance and/or core compliance area of a global bank, consulting firm, or regulatory agency. Experience with performing compliance testing, /assurance processes or internal/external audits preferred. Performance and Duties The role holder will be assessed in accordance with their employing entitys performance framework and process with relevant input obtained from the dual hatting entity as relevant. As duties and responsibilities change, the job description will be reviewed and amended in consultation with the role holder. The role holder will carry out other duties as are within the scope, spirit and purpose of the role requested by their line manager or Department Head. Managing conflicts of interest/dual hat status (If Applicable) The role holder will have responsibilities for both MUFG Bank and MUFG Securities EMEA plc. The role holder will be required to perform their duties and responsibilities on an entity neutral basis, without favour. The role holder is required to follow regulatory requirements applicable to ensure each business is appropriately supported and to maintain the legal entity integrity of each of MUFG Bank and MUS.Working terms are dictated by functional mandates, the terms of the Dual-Hat Arrangement Agreement in place between MUFG Bank and MUFG Securities EMEA plc and any other relevant agreements entered into between MUFG Bank and MUFG Securities EMEA plc. The role holder will have responsibility for identifying and resolving where there may be a difference or conflict in needs between MUFG Bank and MUFG Securities EMEA plc, escalating to their 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' associates or relatives, or any other classification protected by the applicable laws.

Location: bangalore, IN

Posted Date: 12/26/2024