Financial Risk Analyst

4 days ago


Melbourne, Victoria, Australia MUFG Americas Full time

About the Role:

We are seeking a Financial Risk Analyst to join our GCIB KYC Team in Sydney, Australia or Auckland, New Zealand.

As a Financial Risk Analyst, you will be responsible for conducting customer identifications and due-diligences prior to on-boarding new customers, as well as ongoing monitoring of our customers' money laundering risk profiles in accordance with internal and regulatory requirements.

You will work closely with the GCIB coverage team and MUFG's Financial Crime divisions to ensure each customer is on-boarded in accordance with our requirements, with any issues identified and dealt with appropriately. Your role will involve completing the identification process, including sanction screening, negative press assessment and corruption allegations for all authorised individuals as required in accordance with relevant AML / CTF laws.

The successful candidate will possess a general understanding of financial business, economy, and markets. They will also have proficiency in Microsoft Office, in particular, MS Word, MS Excel, and MS PowerPoint. Ability to engage in independent research and analysis of customers, regulations, and banking products is essential.

Key Responsibilities:

  1. New Customer On-boarding: When on-boarding any new customers, prior to providing designated banking services, you will perform customer identification and due-diligence processes to assess their money laundering risk profile.
  2. Post On-boarding Process: After on-boarding is complete, you will continue to monitor our customers' money laundering risk under the framework stipulated in our internal policies and procedures. Any detection of customer profile changes potentially impacting their money laundering risk will require you to process customer due-diligence and identification as an extraordinary review.
  3. Quality Control: As part of the 'in progress' review, designated team members conduct cross-check KYC due diligence reports prepared by other team members prior to submission for approval.


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