Head of the Financial Intelligence Unit - Director

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 to the Bank Secrecy Act (BSA) Officer, the Head of the Financial Intelligence Unit - Director is responsible for oversight, strategy, and staff responsible for anti-money laundering (AML) monitoring, detection, analysis and investigation.

Where applicable, the incumbent will be responsible for the reporting of Suspicious Activity to the Financial Crimes Enforcement Network (FinCEN). Additionally, the incumbent will be responsible for certain aspects of other BSA reporting matters for the Combines U.S. Operations (CUSO) of MUFG Bank., Ltd.

This individual will have primary responsibility for:

• Setting the strategic direction for Financial Intelligence Unit (FIU) operations.

• Representing MUFG to regulators at regularly scheduled meetings, addressing regulatory exam requests and coordinating regulatory remediation efforts.

• Building and maintaining an enterprise-wide AML detection, identification, analysis, investigative, and OFAC compliance and reporting infrastructure for the FIU.

• Providing direction, oversight and support to the Investigation and Surveillance units.

Major Responsibilities:

• Ensure compliance with all applicable federal laws and regulations for the detection, analysis and investigating and reporting suspicious and/or unlawful activity with collaboration and under the policy direction of the BSA Officer.

• Manage development, implementation, and maintenance of a robust investigative program that detects, investigates, and resolves matters of potential money laundering and terrorist financing by customers, prospects, employees and counterparties.

• Staying current on emerging money laundering scenarios and red flags and their impact to the anti-money laundering (AML) monitoring, detection, analysis and investigation Program.

• Maintain awareness of industry best practices and determining appropriate improvements to the anti-money laundering (AML) monitoring, detection, analysis and investigation Program.

• Develop and oversee internal intelligence gathering capabilities to detect unusual or potentially suspicious activities.

• Review and recommend revisions or modifications to procedures and practices/processes to comply with regulations relating to the detection, analysis, investigation and reporting, where applicable, of unusual or suspicious activities.

• Regularly inform business unit management and/or BSA Management of new and emerging BSA compliance issues or risks, as identified.

• Analyze findings from internal auditors and testers, and external examiners to determine actions needed to strengthen the anti-money laundering (AML) monitoring, detection, analysis and investigation Program.

• Maintain professional relationships with internal and external stakeholders.

• Ensure that effective processes and procedures are maintained to govern quality assurance.

• Responsible for directly supervising staff, including interviewing, hiring staff and the termination of staff; recommending salary changes, job promotions; setting work hours, conducting counseling /performance reviews, and planning of the staff ‘s work.

• Responsible for ensuring staff comply with all wage and hour regulations. This includes reviewing employee timecards for accuracy and ensuring all meal and rest breaks are adhered to for all nonexempt staff.

• Provide mentoring, coaching and development of staff. Provide technical assistance and guidance to staff on the interpretation of the BSA regulations and the Bank's regulated programs as it relates to BSA/AML risk.

• Responsible for the oversight of offshore Level 1 Investigators

Qualifications

• Bachelor's degree in business, finance, criminal justice or other relevant discipline or equivalent years of experience.

• Advanced degrees, including MBA or J.D., viewed favorably.

• Professional BSA/AML certification such as ACAMS is preferred.

• Requires comprehensive knowledge of laws and regulations relative to money laundering, terrorist financing and economic and trade sanctions and the ability to apply this knowledge to directing operational teams.

• At least 5 to 10 years’ experience in AML Investigations and 5 years in managing staff. 

• Demonstrated leadership skills with the ability to consistently provide effective work direction and employee management.

• Effective verbal and written communication skills.

• Excellent interpersonal skills.

The typical base pay range for this role is between $169k-$209k 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.