Electronic Banking Risk and Compliance Analyst
Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world (as ranked by S&P Global, April 2018). In the Americas, we're 13,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, developing positive relationships built on integrity and respect. It's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. We're a team that accepts responsibility for the future by asking the tough questions and owning the solutions. Join MUFG and be empowered to make your voice heard and your actions count.
Responsible for reviewing and monitoring complex ACH risk matters and communicating this information to Management and line personnel as needed. Assist Electronic Banking Risk Management Officer and Electronic Banking Compliance Manager monitor ACH activity as it relates to the Bankwide ACH Risk Management Policies, Procedures and Program.
- Responsible for monitoring ACH origination and receiving transactions identifying unusual patterns and trends.
- Complete detailed Questionable Activity Reports (QAR) as needed.
- Responsible for monitoring ACH Originator Activity: Authorized Standard entry class, appropriate transactions for type of business, returns, trend analysis.
- Ensure complete and appropriate documentation is maintained.
- Collect, compile, and report research and analysis findings.
- Requires close working relationships with Corporate Compliance, Financial Investigations Unit, Loss Prevention as well as Relationship and Deposit Managers, as needed. Monitor and review ACH origination processing to ensure bank Originator's compliance with Bank policies and procedures.
- Monitor/Research ACH origination activity to identify potential third party senders.
- Assist Electronic Banking Risk Management Officer to ensure bankwide compliance with ACH Risk Management Policies, Procedures and Program.
- Assist in the compilation of Electronic Banking trends and statistical reporting to Board of Directors and/or their designee, ERMC and Senior Management. Responsible for performing risk analysis as it relates to the above monitoring, referring the most complex issues to appropriate Management.
- Actively ensure compliance with the Bank's Business Standards of Conduct and all Patriot Act, CIP, Anti-Money Laundering, Bank Secrecy Act, Information Security and Suspicious Activity Reporting requirements, Regulation E, NACHA ACH Rules, OFAC, and other regulatory and compliance policies and procedures.
- Must have a minimum of two years ACH experience.
- Must be able to demonstrate a good understanding of BSA/AML regulations as they relate to electronic payments.
- Should have previous investigative background with a strong understanding of risk analysis.
- Related experience in banking helpful. Must be able to demonstrate strong business knowledge and skills.
- Excellent verbal, written, and interpersonal skills.
- Strong ability to analyze, communicate, and make recommendations effectively regarding regulations to Bank personnel.
- Proficiency in MS Excel/MS Office Suite and Business Objects.
- Accredited ACH Professional certification preferred.
- Must be able to successfully pass AAP exam as well as all Bank certifications within one year of employment.
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 in employment decisions on the basis of any protected category.
A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it's the bank's policy to only inquire into a candidate's criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.
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