Associate- Client -boarding FTC

Position: Associate- Client on-boarding 12 Month FTC
Location: Greater London

## Associate
- Client on-boarding 12 Month FTCApplylocations:
London time type:
Full time posted on:
Posted Todayjob requisition :
-WD
** 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 150,000 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.

This individual will be responsible primarily for onboarding new client relationships across MUFG Bank, Ltd business however there will also be some exposure to onboarding for certain areas within MUFGs Banking arm.  This includes;
Customer Due Diligence, Screening (Bribery, Corruption, Adverse Media & sanctions), regulatory classification and suitability assessments.

The population of clients under review will generally be domiciled in lower risk jurisdictions (i.e. UK, US, Europe, Asia) with less complex ownership structures and clear operational business lines. This is a more senior position within the client onboarding function and the individual will be expected to support the more junior analysts and drive change by identifying areas of improvement and taking proactive actions to streamline tasks performed across the team.

This role would suit an individual who is keen to further their knowledge on KYC and progress their technical knowledge and project management capabilities.

A key aspect to this role is the effective resource and capacity management, stakeholder management, and a drive to improve the service provided to the customer and the business
** Key Responsibilities
** In this role, you will be responsible for KYC across MUFG’s securities and Banking business under a dual-hat arrangement. Under this arrangement, you will act and make decisions on behalf of both the bank and the securities business, subject to the same remit and level of authority and irrespective of the entity which employs you.
* Ensure that “Know you Customer” due diligence tasks are completed within a reasonable time-frame to on-board new-to-bank clients whilst complying with the Bank’s AML policy and all applicable regulatory requirements. This is including but not limited to London, Paris and Milan KYC Policy.
* Assist the business where changes occur to existing customer profiles, by taking appropriate actions (i.e. Event Driven Reviews, escalations).
* Complete relevant Bribery and Corruption checks for prospective transactions for existing clients in order to identify potential reputational, business and sanction risks.
* Act as a Subject Matter Expert in relation to all KYC, AML On-Boarding aspects, assisting on ad-hoc queries where required. In addition the individual will be required to represents the team and potentially the division/bank to key stakeholders on these matters
* Maintain accurate records of customer categorisation and suitability assessments on all applicable customers, to ensure that the products/services that we are providing to the customer are suitable, appropriate and in line with the requirements of MiFiD, EMIR, Dodd Frank Act and all other applicable regulations.
* Pursue Lean-On-Boarding; actively seek out opportunities to improve the on-boarding process; including the strengthening controls and improving efficiency.
* Drive to build knowledge within the Anti-Money Laundering sector and to understand the rationale for underlying policy requirements.
* As part of the on-boarding process; be vigilant to identify and escalate risks/issues to line management.
* Technical knowledge around Financial Institutions would be highly preferred, however not…