Financial Institution Client Onboarding & KYC, Assistant Vice President

Onboarding And Know Your Customer (Kyc) Professional Ii

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.

Job Summary

The Onboarding And Know Your Customer (KYC) Professional II is responsible for satisfying the Bank's regulatory obligations as well as ensuring adherence to all Compliance, Anti-Money Laundering / Know Your Customer policies and procedures. Day-to-day focus is on resolution of complex problems with validating KYC file. Expertise of policies, guidelines and processes needed. Must meet Service Level Agreements (SLA) with various Business Units and utilize departmental tracking systems. The Onboarding And KYC Professional II is a member of the First Line of Defense Control Office and works closely with Relationship Managers (RM's) and Portfolio Managers (PM's), Tax Operations and Regulatory Reporting teams, Compliance Division Officers, and other operations teams. Role has ownership of on-boarding and KYC processes, reports, procedures. Is also considered an analytical or procedural expert representing the team on cross-function process or project deliverables. Ensures effective operations within the organization; develops and implements operating policies and procedures across functions such as : client identification and due diligence, customer service and quality control standards; conducts and reviews feasibility of new or revised systems and procedures; manages the internal audit process to ensure compliance with organizational standards.

Responsibilities

85% of responsibilities include :

• Validates new, existing and ad hoc KYC files against legal documentation and third-party sources, remediating errors as necessary, for customers managed by a supported business unit.
• Ensures all required customer information and supporting documentation are captured for new and existing customers who are going through a triggering event or material change by coordinating with Business Unit Relationship Managers. Validates resubmitted documents and updates system accordingly as needed.
• Tracks onboarding requests, re-assesses pipeline, and manages assignments as necessary.

15% of responsibilities include :

Qualifications

The typical base pay range for this role is between $81K - $104K 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.