MUFG Americas

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Electronic Banking Risk and Compliance Analyst - Officer

at MUFG Americas

Posted: 3/13/2019
Job Status: Full Time
Job Reference #: 10026157-WD

Job Description

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world with total assets of over $2.4 trillion (as ranked by SNL Financial, April 2016) and 140,000 colleagues in nearly 50 countries. In the U.S., we're 13,000 strong, working together to positively impact every customer, organization, and community we serve. We achieve this by delivering on our values, putting people first, fostering long-term relationships built on honesty and mutual understanding, and inspiring the best in each other. This is all part of our inclusive, high-performing culture supported by Total Rewards that include our cash balance pension plan. Join a team that's working to fulfill its vision to be the world's most trusted financial group.

Job Summary:

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.

Major Responsibilities:

  • 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.

Additional Information:

  • 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.

Application Instructions

Please click on the link below to apply for this position. A new window will open and direct you to apply at our corporate careers page. We look forward to hearing from you!