Financial Crimes - Transaction Monitoring Specialist, Assistant Vice President

MUFG; Irving (TX); Hybrid; USD 87,000 - 104,000; Full time

Job summary

An established industry player is seeking a Financial Crimes - Transaction Monitoring Specialist to enhance their AML capabilities. This role involves developing and optimizing transaction monitoring scenarios, ensuring compliance with financial regulations, and collaborating with global teams. The ideal candidate will possess strong analytical skills and experience with programming platforms such as SAS, R, Python, and SQL. Join a forward-thinking organization that values innovation and offers a supportive environment for career growth. This is a fantastic opportunity to make a meaningful impact in the financial services sector while working in a hybrid setup.

Benefits

Comprehensive health and wellness benefits

Retirement plans

Educational assistance

Paid maternity and parental leave

Paid vacation and sick days

Qualifications

• 3+ years of experience in financial crime compliance.
• Hands-on knowledge of programming platforms like SAS, R, Python, SQL.
• Familiarity with compliance rules and regulations.

Responsibilities

• Develop AML Transaction Monitoring scenarios and perform data analysis.
• Support optimization of MUFG’s Transaction Monitoring Program.
• Coordinate with global teams to implement monitoring models.

Skills

SAS

R

Python

SQL

BSA/AML models

Compliance regulations

Statistical analysis

Quantitative testing

Education

Bachelor's degree in statistics

Advanced degree

Job description

Join to apply for the Financial Crimes - Transaction Monitoring Specialist, Assistant Vice President role at MUFG

4 days ago Be among the first 25 applicants

Join to apply for the Financial Crimes - Transaction Monitoring Specialist, Assistant Vice President role at MUFG

Get AI-powered advice on this job and more exclusive features.

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

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

The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.

Reporting into the one of the team manager under Director DTO-Americas , this new position has been created for the purpose of establishing AML Transaction Monitoring capabilities for MUFG.

One of several key positions in the new Global Financial Crimes Division Operations function, this position will be responsible for (1) 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:

• Perform Development of AML Transaction Monitoring Scenario Development and Data Analysis.
• 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.
• Development of models involving tuning, calibration, segmentation and optimization.
• Coordinate with other regional and Global teams to implement on the monitoring models.
• Work collaboratively across functional teams within GFCD to ensure effective and efficient operations with clearly defined roles and responsibilities.
  
  

Qualifications/Skills/Experience

• Hands on working knowledge of one or more of the following programming platforms: SAS, R, Python, SQL.
• Familiarity with vendor models like Actimize SAM
• 3+ years of experience designing, analyzing, testing and/or validating BSA/AML models, and/or OFAC sanctions screening models.
• 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.
• Proven excellence in execution in complex and demanding situations
• Collaborative with strong interpersonal communication skills
• Systemic thinker
• Process oriented coupled with a strong ability to develop appropriate program enhancing strategies
• Detail-oriented and organized execution
• Good presentation skills
  
  

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
• Solid judgment, strong negotiating skills, and a practical approach to implementation – including knowledge of Banking systems
• Ability to balance regulatory requirements with the best interests of the Bank and its customers
  
  

Education

Bachelor's degree in statistics, mathematics, quantitative analysis, economics, computer science, data and technology Sciences or related field is required. Advance degree a plus.

The typical base pay range for this role is between $87k-$104k 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

We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.

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 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.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Financial Services and Banking

Referrals increase your chances of interviewing at MUFG by 2x

Get notified about new Financial Professional jobs in Irving, TX.

Asset & Wealth Management, Private, Risk Structuring & Finance Analyst - Dallas

Asset & Wealth Management, Multi-Asset Solutions, Trading & Risk Solutions, Analyst

Financial Management / Lvl 2 / Grand Prairie, TX

Asset & Wealth Management, Private, Divisional CFO, Analyst

Dallas, TX $90,000.00-$100,000.00 3 weeks ago

Asset & Wealth Management, Private Wealth Management, Equity Structuring - Single Stock, Analyst - Dallas

Global Banking & Markets - Public - Dallas - Investments & Partnerships - Analyst

Asset & Wealth Management, Private Wealth Management, Partner Family Office, Financial Analyst - Dallas

Investment Banking - Mid-Cap Investment Banking - Analyst

Dallas, TX $70,000.00-$90,000.00 3 weeks ago

Global Banking & Markets - Public - Dallas - Analyst - Loan Management

Dallas-Fort Worth Metroplex $150,000.00-$175,000.00 2 days ago

Financial Analyst Staff - F-35 Development - Level 4

PGIM Private Capital (Prudential) - Investment Analyst, Power and Renewables

Risk (Capital, Liquidity, and Market) | Analyst | Dallas

Dallas, TX $65,000.00-$75,000.00 5 months ago

Asset & Wealth Management, Alternatives Capital Formation, Investor Relations, Analyst - Dallas

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.