Senior Associate, Compliance
Top Benefits
About the role
Company Description MUFG Investor Services is a trusted partner to many of the world’s largest public and private funds, providing asset servicing and operational solutions built for alternatives. With over $1 trillion in client assets under administration, we offer fund administration, banking, payments, fund financing, foreign exchange overlay, corporate and regulatory services, custody, business consulting, and more. Operating from 17 locations worldwide, we help clients mitigate risk, enhance efficiency, and navigate the operational complexities of today’s investment management landscape. As a division of Mitsubishi UFJ Financial Group (MUFG), one of the world’s largest financial institutions with approximately $3 trillion in assets, we combine deep expertise with the strength and stability of a leading financial institution. To learn more, visit us at www.mufg-investorservices.com.
Job Description
- Ensure MUFG conducts business in compliance with relevant laws and regulations as well as professional standards, accepted business practices, internal policies and procedures, and the AML/CTF/CPF framework in place across all relevant departments and jurisdictions.
- Review and investigate alerts generated by SWIFT Transaction Screening Service (TSS) to determine whether true match or false positive; assess impact and take necessary action for true matches.
- Review and investigate alerts generated in WorldCheck One (WC1) for ongoing screening of MUFG’s customer base to determine whether true match or false positive; assess impact and take necessary action for true matches.
- Support the initial setup and ongoing review of enhanced due diligence for Relationship Management Application (RMA) counterparties.
- Conduct testing in accordance with the Banking & Payments Compliance Monitoring Plan (CMP); contribute to the development of the CMP template on an annual and/or ad hoc basis.
- Conduct review of high-risk payments and beneficiaries as applicable to FLEXCUBE and/or Global Payments Platform (GPP).
- Assist with periodic reporting to the Chief Compliance Officer (CCO), Compliance Committee (CC), Board of Directors, Senior Management, and the parent company (MUTB).
- Monitor and organize the group mailbox to ensure queries and requests are actioned in a timely and accurate manner.
- Perform other duties as assigned and incidental to the work described above.
Qualifications
- An undergraduate degree in Accounting, Finance, Business or other third level qualification.
- Have or working towards a formal qualification in Compliance e.g. ACAMS, ACOI or ICA.
- Knowledge of Cayman Islands financial services laws and regulations would be an asset
- 1-3 years of experience in Banking Compliance.
- Knowledge of SWIFT platform, Transaction Screening tools, and Sanctions Screening tools.
Additional Information What’s in it for you to join MUFG Investor Services?
Take a look at our careers site and you’ll find everything you’d expect from a career with the fastest-growing business at one of the world’s largest financial groups. Now take another look. Because it’s how we defy expectations that really defines us. You’ll feel that difference in all kinds of ways. Our vibrant CULTURE. Connected team. Love of innovation, laser client focus, and next-level LEARNING & DEVELOPMENT. Oh, and we really walk the talk when it comes to HYBRID WORKING.
So, why settle for the ordinary? Apply now for a Brilliantly Different career.
MUFG is an equal opportunity employer.
About MUFG Investor Services
We’re more than just fund administration. Our offerings include a scope of solutions not historically provided by asset servicing companies. From fund financing to subscription lines of credit, securities lending, foreign exchange (FX) services, consulting services and beyond, we help clients reach their goals, while allowing them to stay focused on their growth trajectory.
MUFG Investor Services is a leading solutions provider for the global alternative investment management industry. From 17 locations around the world, MUFG Investor Services, through its suite of solutions, helps clients mitigate risk, execute seamlessly, and increase efficiencies across their pre- and post-trade operations. With over $1 trillion in assets under administration, MUFG Investor Services is one of the top fund administrators globally and provides a broad range of solutions including administration, asset servicing, banking and liquidity, corporate and regulatory services, financing, business consulting, and more. Its nearly 500 clients represent funds across the public and private markets ecosystem including investment managers (fund of funds, hedge funds, infrastructure, mutual funds, private debt, private equity, real assets, venture capital), institutional investors, pensions and endowments, sovereign wealth funds and investment consultants. MUFG Investor Services is a division of Mitsubishi UFJ Financial Group, Inc (MUFG) one of the largest banks in the world with approximately $3 trillion in assets. To learn more, please visit us at www.mufg-investorservices.com.
Senior Associate, Compliance
Top Benefits
About the role
Company Description MUFG Investor Services is a trusted partner to many of the world’s largest public and private funds, providing asset servicing and operational solutions built for alternatives. With over $1 trillion in client assets under administration, we offer fund administration, banking, payments, fund financing, foreign exchange overlay, corporate and regulatory services, custody, business consulting, and more. Operating from 17 locations worldwide, we help clients mitigate risk, enhance efficiency, and navigate the operational complexities of today’s investment management landscape. As a division of Mitsubishi UFJ Financial Group (MUFG), one of the world’s largest financial institutions with approximately $3 trillion in assets, we combine deep expertise with the strength and stability of a leading financial institution. To learn more, visit us at www.mufg-investorservices.com.
Job Description
- Ensure MUFG conducts business in compliance with relevant laws and regulations as well as professional standards, accepted business practices, internal policies and procedures, and the AML/CTF/CPF framework in place across all relevant departments and jurisdictions.
- Review and investigate alerts generated by SWIFT Transaction Screening Service (TSS) to determine whether true match or false positive; assess impact and take necessary action for true matches.
- Review and investigate alerts generated in WorldCheck One (WC1) for ongoing screening of MUFG’s customer base to determine whether true match or false positive; assess impact and take necessary action for true matches.
- Support the initial setup and ongoing review of enhanced due diligence for Relationship Management Application (RMA) counterparties.
- Conduct testing in accordance with the Banking & Payments Compliance Monitoring Plan (CMP); contribute to the development of the CMP template on an annual and/or ad hoc basis.
- Conduct review of high-risk payments and beneficiaries as applicable to FLEXCUBE and/or Global Payments Platform (GPP).
- Assist with periodic reporting to the Chief Compliance Officer (CCO), Compliance Committee (CC), Board of Directors, Senior Management, and the parent company (MUTB).
- Monitor and organize the group mailbox to ensure queries and requests are actioned in a timely and accurate manner.
- Perform other duties as assigned and incidental to the work described above.
Qualifications
- An undergraduate degree in Accounting, Finance, Business or other third level qualification.
- Have or working towards a formal qualification in Compliance e.g. ACAMS, ACOI or ICA.
- Knowledge of Cayman Islands financial services laws and regulations would be an asset
- 1-3 years of experience in Banking Compliance.
- Knowledge of SWIFT platform, Transaction Screening tools, and Sanctions Screening tools.
Additional Information What’s in it for you to join MUFG Investor Services?
Take a look at our careers site and you’ll find everything you’d expect from a career with the fastest-growing business at one of the world’s largest financial groups. Now take another look. Because it’s how we defy expectations that really defines us. You’ll feel that difference in all kinds of ways. Our vibrant CULTURE. Connected team. Love of innovation, laser client focus, and next-level LEARNING & DEVELOPMENT. Oh, and we really walk the talk when it comes to HYBRID WORKING.
So, why settle for the ordinary? Apply now for a Brilliantly Different career.
MUFG is an equal opportunity employer.
About MUFG Investor Services
We’re more than just fund administration. Our offerings include a scope of solutions not historically provided by asset servicing companies. From fund financing to subscription lines of credit, securities lending, foreign exchange (FX) services, consulting services and beyond, we help clients reach their goals, while allowing them to stay focused on their growth trajectory.
MUFG Investor Services is a leading solutions provider for the global alternative investment management industry. From 17 locations around the world, MUFG Investor Services, through its suite of solutions, helps clients mitigate risk, execute seamlessly, and increase efficiencies across their pre- and post-trade operations. With over $1 trillion in assets under administration, MUFG Investor Services is one of the top fund administrators globally and provides a broad range of solutions including administration, asset servicing, banking and liquidity, corporate and regulatory services, financing, business consulting, and more. Its nearly 500 clients represent funds across the public and private markets ecosystem including investment managers (fund of funds, hedge funds, infrastructure, mutual funds, private debt, private equity, real assets, venture capital), institutional investors, pensions and endowments, sovereign wealth funds and investment consultants. MUFG Investor Services is a division of Mitsubishi UFJ Financial Group, Inc (MUFG) one of the largest banks in the world with approximately $3 trillion in assets. To learn more, please visit us at www.mufg-investorservices.com.