Assistant Vice President, FC Investigations (12 months contract)

Job title: Assistant Vice President, FC Investigations (12 months contract)

Company: MUFG Bank, Ltd., Hong Kong Branch


Job description: 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.Job Responsibilities:

• Investigating, researching and analysing the Branch’s customer activity (e.g. Transaction Monitoring system alerts / manual escalations) for potential financial crime-related suspicious activity and make recommendations for Suspicious Transaction Reporting (STR) to the JFIU.
• Preparing STRs and other required reports in compliance with established local regulatory guidelines and time frames.
• Preparing and thoroughly documenting results of investigations in a timely manner for reportable and non-reportable cases.
• Communicating with Branch and Department Heads and other staff as necessary, in researching and investigating cases.
• Maintaining necessary records and files to ensure efficient and consistent reporting of investigations.
• Provision of timely and accurate information for the Team Lead/Management to assist in decision making processes, including escalating any investigative issues or program gaps.
• Providing insights and recommendations on improving investigations quality or how to reach optimal efficiency in current processes.
• Preparing regular management reporting as well as other ad hoc duties as assigned or requested.

Job Requirements:

• Broad understanding of banking, financial crimes risk in banking and a general understanding of the working practices of an AML Transaction Monitoring and Investigations function;
• Knowledge of regulatory requirements (e.g. HKMA/JFIU) around transaction monitoring and suspicious transaction reporting;
• Details oriented with proven abilities in conducting research/pattern recognition, comprehensive reporting and documentation.
• Experience in conducting investigations concerning fraud and other financial crimes
• Experience working in a team environment with a track record of building relationships and working collaboratively
• Strong communication skills and experience interacting with senior stakeholders
• 5 or more years relevant experience in a financial services firm, regulatory agency or consultancy;
• Bachelor’s Degree or equivalent;
• CAMS or other recognised industry accreditation such as AAMLP/CAMLP, etc. is an advantage
• The ability to operate with urgency and prioritise work accordingly;
• A structured and logical approach to work; and
• MS Office skills.

We regret to inform that only shortlisted applicants will be notified.MUFG Bank Ltd & MUFG Securities Asia Limited (collectively referred to as “MUFG”) is an equal opportunity employer. We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organsational fit, regardless of race, religion or gender.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: Sun, 03 Nov 2024 08:49:00 GMT

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