Senior AML Transaction Monitoring Specialist, Vice President - Hybrid (Irving, TX)

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

This is a hybrid position. The recruiter will provide additional details.

Job Summary:

Reporting into the Head of Financial Crimes Transaction Monitoring, this new position has been created for the purpose of establishing GFCD Operations Intelligence & Analytics capabilities for MUFG.

One of several key positions in the new Global Financial Crimes Division Operations function, this position will be responsible for (i) helping to identify detection scenarios, (2) provide analytics support for developing, tuning, optimizing and modifying segmentation to improve transaction monitoring and screening systems, and (3) helping to coordinate the implementation of scenarios, which detect financial crime. The incumbent is responsible for supporting leadership to ensure a globally consistent effort that enables continuing improvement to the transaction monitoring capabilities and further mitigate potential financial crime.

Major Responsibilities:

• Provide Subject matter expertise and lead AML Transaction monitoring and Customer Risk rating efforts.
• Support the development of policies and procedures for AML CRR and transaction monitoring life cycle, including reviews of scenario validation, segmentation, optimization tool, risk factor considerations for CRR.
• Support large strategic optimization and segmentation program to enhance and tune MUFG's GFCD Transaction Monitoring Program.
• Recommend customer segmentation and optimization for MUFG's GFCD monitoring system across multiple lines of business.
• Help develop of models involving tuning, calibration, segmentation and optimization.
• Perform model validation, memorializing model selection rationales and defined assumptions.
• Coordinate with other regional and Global teams to implement on the monitoring/CRR model.
• Work collaboratively across functional teams within GFCD to ensure effective and efficient operations with clearly defined roles and responsibilities.

Qualifications:

• 5 + years' experience designing, analyzing, testing and/or validating BSA/AML models, and/or OFAC sanctions screening models.

• 3-5 years of experience with one or more of the following programming platforms: SAS, Matlab, R, Python, SQL, VBA, etc.
• Familiarity implementing, testing or evaluating performance of financial crime and compliance systems.
• Sound knowledge on AML data including KYC, customer, account and transactional data.
• Proven track record of strong quantitative testing and statistical analysis techniques as it pertains to BSA/AML models, including name similarity matching, classification accuracy testing, unsupervised/supervised machine learning, neural networks, fuzzy logic matching, decision trees, etc.
• Familiarity of current compliance rules and regulations of the FRB, SEC, OCC, FATF, FinCEN, OFAC, and familiarity with USA PATRIOT Act, BSA/AML and OFAC screening regulations.
• Prior experience designing compliance program tuning and configuration methodologies, including what-if detection scenario analytics, excess over threshold, and sampling above/below-the-line (ATL/BTL) testing.
• Familiarity with vendor models like Hotscan, Actimize SAM/WLF, SearchSpace, RDC, Bridger Insight, ACE Pelican, TCH OFAC Screening (EPN), FICO Credit/Debit, Guardian Analytics, and ThreatMetrix.
• Strong knowledge about model risk management and associated regulatory requirements
• Bachelor's degree in statistics, mathematics, quantitative analysis, economics or related field is required. Advanced degree preferred.
• Experience interacting with the Executive Committee Leadership, control function leadership, and compliance subject matter experts
• Proven excellence in execution in complex and demanding situations
• Collaborative with strong interpersonal communication skills
• Systemic thinker across enterprise
• Process oriented coupled with a strong ability to develop appropriate program enhancing strategies
• Detail-oriented and organized execution
• Executive level presentation skills
• An Enterprise Risk Management perspective

Additional skills
• Experience interfacing with banking regulators and enforcement staff
• Thorough understanding of an effective financial crimes risk management framework
• Demonstrated ability to manage multiple projects simultaneously
• The ability to interact effectively at all levels of the organization, including Bank staff, management, directors and prudential regulators
• Ability to work autonomously and initiate and prioritize own work
• Ability to work with teams of project managers
• Solid judgment, strong negotiating skills, and a practical approach to implementation - including knowledge of Bank systems
• Ability to balance regulatory requirements with the best interests of the Bank and its customers

This is a hybrid position. You will work at an MUFG facility an average of one to three days per week, with the remainder being worked remotely. There are flexible work-from-home options available. A member of our recruitment team will discuss the options with you in more detail.

Some MUFG roles require that individuals be fully vaccinated against COVID-19, subject to medical and/or religious exemptions, if applicable. Should you be selected for an interview, your recruiter will provide additional information.

The typical base pay range for this role is between $120k-$150k 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. For more information on our Total Rewards package, please click the link below.

MUFG Benefits Summary

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.

We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual's associates or relatives that is protected under applicable federal, state, or local law.

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