AVP - KYC

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Asst Vice President/Associate - KYC

Strategic           

• Assist Head of KYC AML Unit India at the Bank in promoting and managing the culture and practice  of  Compliance  within  regulatory  requirements  and  ethical  standards  consistent  with supporting Bank’s strategic direction and growth aspirations.
• The role will be actively involved in execution of KYC process and manage responsibilities in a way to support the KAU Head in day-to-day activities.
• Ability to guide Business and KYC Team in terms of policy/process queries
• Ensuring full transparency in KYC processes and improve turn-around times 
• Perform quality reviews
• Assist KAU Head to conduct periodic reviews of KYC procedures and processes.
• Keep  pace  with  new  and  upcoming  regulatory  requirements,  directives,  expectations  and priorities.

Control

• Ensuring  that  cases  are  prioritised  and  managed  effectively  and  consistently  in-line  with  the agreed process and deadlines.
• Escalate high priority customer / business issues in a timely manner.
• Ability to deliver Key Performance Metrics to Senior Management.
• Create reporting and recurring MIS on processes related to KYC Operations.
• Keep control over Health Check Metrics; KYC Overdue population; Extension and Exception cases; Close and Exit customers; and Hold Code customers.

Operational

• Have adequate understanding of Customer Data Collection, Documentation & Maintenance as part of new onboarding and periodic reviews; have adequate diligence required to establish the correctness/validity of documents
• Ability  to  understand  complex  ownership  structures  for  legal  entities  and  also  for  customers such as Charities, Foundation, Trusts, Laision/Branch/Project Office. 
• Review screening results to identify politically exposed persons, sanctioned persons, adverse media and mitigate risks associated with financial crimes 
• Conduct  Risk  categorization  reviews  for  clients  as  per  the  regulatory  requirements  with knowledge of enhanced due diligence required while adopting High Risk clients

Stakeholder Management

• To manage the relationship with Business and act as a point-of-contact for queries relating to KYC reviews.
• Take  ownership  to  identify  key  issues  and  actively  participating  in  their  resolution  to  ensure client satisfaction and acceptable business outcomes
• Liaise with Business to manage new onboarding pipeline and priority effectively.
• Coordinate  with  multiple  stakeholders,  not  limited  to  Business,  FC  Compliance,  QA,  Global KYC teams (policy, process, management), Audit etc. to ensure that KYC cases are on track 
and managed effectively and consistently in line with the agreed process and SLA's
• Liaise  with  internal/external  stakeholders  to  provide  exception  management  reporting  and Management Information System (MIS) reporting

Mitsubishi UFJ Financial Group (MUFG) is an equal opportunity employer. We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organsational fit, regardless of race, religion or gender.