Wires Risk Management Analyst - Hybrid. NJ

Your potential. Your opportunity.

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

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 6th largest financial group in the world. Across the globe, we're 160,000 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 is a hybrid position. The selected colleague will work at an MUFG office an average of two to three days per week with the remainder worked remotely.

Job Responsibilities:

Monitor and process all manual review transactions on HotScan, based on the level of system access, ensuring that: (a) such transactions are executed within prescribed time frames, (b) identified irregularities are reported to Compliance for their review and approval, per established procedures and c) no transaction is processed without proper authorization.

Monitor changes to any Compliance, Legal or Trade related programs such as OFAC, JMOF, BSA/AML, etc. and any system related issues/concerns; maintain the HotScan databases, making changes to reflect program changes. Educate staff with all HotScan/Compliance related changes and enhancements. Modify workflow procedures as necessary.

Monitor and process all manual review transactions during off hours

Open and maintain OFAC/Compliance/Sanctions cases on the IntelliTRACS, based on the level of system access, ensuring that all information is accurately recorded, facilitating management review and approval

Monitor open and pending queues for OFAC/Compliance cases, and process the assigned cases in accordance with established procedures. Ensure cases are thoroughly documented and properly filed, facilitating management review and approval.

Maintain a comprehensive filing system for all HotScan transactions, ensuring that all transactions that are referred to the Compliance department contain complete documentation with all related information and correspondence

Experiences:

• Thorough understanding of OFAC, JMOF, BSA/AML and other Compliance rules as they apply to the movement of funds and all banking related instruments.
• Complete understanding of payment formatting, including SWIFT, CHIPS, Fedwire, and foreign exchange principles.
• Experience in all Money Transfer functions.
• Proficient in selected PC Applications.
• Good oral and written communication skills.
• Ability to effectively manage multiple job duties

The typical base pay range for this role is between $55K - $70K 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.

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 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.

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