Analyst, KYC Delivery Department, JCBD

Job title: Analyst, KYC Delivery Department, JCBD

Company: MUFG


Job description: Purpose of the JobThe Analyst will be responsible for KYC/AML Periodic Reviews and Material and Non-material Trigger Events processes within the Hong Kong Branch. This role involves contacting clients, collecting documentation, and analyzing high, medium, and low-risk clients to ensure adherence to global and local regulatory standards.Primary ResponsibilitiesPerform enhanced due diligence (EDD) on high-risk clients, including PEPs, complex corporate structures, and clients in high-risk jurisdictions, ensuring compliance with AML/CTF regulations.Analyze client ownership structures, beneficial ownership, and source of funds/wealth to assess risk levels and recommend mitigation measures.Lead periodic reviews of existing client portfolios, identifying gaps in documentation and ensuring alignment with evolving regulatory requirements.Investigate and escalate suspicious activities or red flags (e.g., unusual transaction patterns, adverse media findings) to the Financial Crime Compliance team.Assist in developing and updating KYC policies, procedures, and risk assessment frameworks to reflect regulatory changes and industry best practices.Facilitate client contact and collection of appropriate documentation in line with KYC policy requirements, providing best-in-class customer service. Limit the number of customer requests by utilizing public sources.Mentor and train junior KYC analysts on best practices, regulatory updates, and internal procedures, both onshore and offshore.Collaborate with cross-functional teams (e.g., legal, operations, front office) to streamline onboarding and KYC refresh processes while maintaining compliance standards.Ensure effective updates for KYC processes utilizing centralized trackers. Proactively identify roadblocks and develop solutions to close out KYC profiles. Ability to influence internal and external partners, including clients.Qualification & Experience1-3 years of experience in KYC/AML operations within KYC Operations, with a focus on high, medium, and low corporate client analysis.In-depth knowledge of global AML/CTF regulations (e.g., FATF, FinCEN, EU AML Directives) and local banking laws.Proficiency in KYC tools, transaction monitoring systems, and data analysis software; experience with blockchain analytics is a plus.Strong problem-solving and decision-making skills with the ability to handle complex cases independently.Excellent interpersonal skills to manage relationships with stakeholders and guide junior team members.Ability to adapt to changing regulatory environments and implement process improvements.Language Skills: English, Cantonese, and Mandarin (Japanese would be a distinct advantage but not mandatory for this role).All applications applied through our system will be delivered directly to the advertiser and privacy of personal data of the applicant will be ensured with security.

Expected salary:

Location: Hong Kong

Job date: Tue, 03 Jun 2025 07:51:19 GMT

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