KYC Quality Control Senior Analyst, Assistant Vice President

Union Bank, N.A. Jersey City , NJ 07097

Posted 3 weeks ago

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.

Job Summary

The Quality Control Senior Analyst is responsible for performing a quality control review of the KYC file submitted by the Onboarding Unit to ensure compliance with the BSA/AML policy. The position reports into the QC team lead within the First Line of Defense Control Office.

  • You perform Quality Control reviews of KYC including CIP, CDD, EDD and SDD.

  • You ensure that KYC has been accurately completed in accordance with the quality standards and time frames set within established Policy, Standards, Procedures and Operating manual. Ensure alert and case determination are appropriate, fully supported and clearly documented

  • You handle QC desktop manuals and procedures

  • You show that referrals (from SLoD)/escalation/information requests are properly dispositioned and appropriately documented

  • You handle a very large number of reviews with little oversight and serve as a subject matter authority for KYC process.

Primary Responsibilities:

  • You perform quality control reviews of KYC files created by Onboarding team to determine if the review and research were conducted in accordance with the quality standards and timeframes set for within established procedures, bank policy and regulatory requirements. Ensures client data, business activity & narrative, products, alerts, documents, extension/exemption and other case determinations are appropriate, fully supported, and clearly documented.

  • You document each review by thoroughly completing a QC Checklist. Demonstrate a detailed understanding of the various computer systems used for performing and documenting the investigations. Communicate concerns with the Onboarding unit and the Team Lead.

  • You maintain effective working relationships with key business partners and provide good customer service. Requires close partnerships with Financial Crime Risk Management business partners.

  • You assist the Manager/Team Leader with basic duties including case assignments, case reviews and staff training.

  • You stay abreast of developments concerning BSA/AML/ Sanctions including internal policy, standards, onboarding process and system changes and work with management to ensure the bank remains in compliance.

  • Other duties as assigned.

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KYC Quality Control Senior Analyst, Assistant Vice President

Union Bank, N.A.