VP - Policy Implementation Team

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. 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: Policy Implementation Team: Vice President Corporate Title: Vice President Reporting to: Director GKYC Location : Bengaluru Job Profile Position details: The person will be responsible for leading all policy and procedural changes across the GKYC space. The job entails, creating, maintaining, and enhancing communication on the changes the different Lines of Defense would bring in to mitigate risk from a Financial Crime perspective. The person will also be lead the team to plan and execute Trainings, Assessments and accreditations for new and existing staff. This role will be reporting to the head of GKYC. In addition, this vertical will provide key support to the KYC teams, both onshore & off-shore, QA Teams, including but not limited to; addressing policy related clarifications, driving quality improvement initiatives, developing and delivering a suite of Management Information for key stakeholders. Key stakeholders in this role are Operational KYC countries and their leads, regional QC/QA, Financial Crime (2nd line of Defense), Senior management, and all Audit functions. The individual will be a key Subject Matter Expert in Financial Crime Policy Training, supporting the Head of QA in coaching and developing KYC Analysts, QC Teams, SMEs to ensure the highest standards are maintained, processes are as efficient as possible and management information is effective. Driving forward, influencing change, recording changes., is therefore essential in this role. Roles and Responsibilities: In this role, you will be responsible for all aspects of financial crime Policy and procedural Implementation, across MGS Business under GKYC. Creating, maintaining and enhancing the Financial Crime HUB training framework, with particular focus on recognizing and managing financial crime risks, including those associated with high risk customers, products, services, transactions or delivery channels. Lead interventions for ongoing communication/ huddles / coaching / training materials that are aligned to Global and Regional Operating Manuals, policies, procedures, and standards, and meet all applicable legal and regulatory requirements. Ability to ensure compliance across all levels of the organization. Experience in influencing and challenging stakeholders to drive process improvements. Ability to lead and close identification of knowledge gaps and create targeted training solutions. Review, & Help team deliver robust & effective training programs to the target audience within wider GKYC teams. Have regular stakeholder feedback session to address the findings from QA and the Branches. Spearhead the initiative to create training programs that help and address material and nonmaterial variances, Policy changes, regulatory requirements etc., suggesting action plans where required, resulting from internal and external KYC audits. Have readiness checks in place for Regulatory audits and preparatory sessions. Lead and provide SME support and guidance to all members of GKYC functions, assisting in their overall development and growth by reiterating the importance of adherence to KYC policy within the trainings and enable enhancements in quality scores. Understanding and leading the team on current industry trends and changes in the Financial Crime field. Serve as Subject Matter Expert by challenging the conventional ways of working and drive change to improve process efficiency and effectiveness across GKYC regions. Actively lead domain/project requirement meetings which can be executed with operational rationality. Act as an arbitrator when there is a disagreement or discomfort between branch and QC/QA on the process requirement. Ability to interpret complex changes in regulatory guidelines and assess impact. Experience in project management and has been involved in building a new function / team. Provide guidance and support to ensure adequate skills and alignment of standards in respect of client onboarding and periodic reviews in-country in line with the banks policy and regulatory requirements. Job Requirements: Assist the GKYC Lead on compliance, operational risk controls in accordance with MUFG and regulatory standards and policies Be able to take ownership of CDD/KYC/AML controls and risk management, reviewing appropriate controls and checkpoints, periodical reviews of controls to address gaps in processes and assist in removal of inefficiencies to benefit the business and our customers Be able to build relationship and partner with first line & second line of defence teams to ensure all client KYC records are compliant with regulatory standards with high quality. Excellent understanding of KYC, financial regulatory environment, and AML risk implications. 10 - 15 years of experience in KYC process& Anti Money Laundering with proficiency in various Entity types. 10 years of team handling experience in leading teams delivering KYC Due Diligence for global banks with primary focus on risk-based approach is preferred. Sound knowledge of financial regulatory requirements. Excellent analytical skills, with the aptitude of independently performing complex or varied tasks, such as coordinating and analyzing large amounts of multifaceted data Ability to interpret complex changes in regulatory guidelines and assess impact. Experience in project management and has been involved in building a new function / team Excellent verbal and written communication skills, especially in writing operating manual, Job aid, policies and Procedure. Team player and ability to manage people and performance. Experience with managing stakeholder relationships within and outside of the local function / role Knowledge of a wide variety financial crimes laws and regulations. Ability to work well under pressure with high degree of accuracy. Good understanding of MS office and proven skills in banking platforms. What Additional skills are required: Minimum Qualification: Graduation in Commerce / Finance or equivalent would be essential (1023) Flexibility to work in different shift timings Additional certification: ACAMS,ICA, IIBF KYC and other Financial Crime Certifications Knowledge of a wide variety financial crimes laws and regulations. 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's associates or relatives, or any other classification protected by the applicable laws.

Location: bangalore, IN

Posted Date: 4/18/2025