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    Assistant Vice President Monitoring - Bengaluru, India - MUFG Global Service (MGS)

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    Description

    Job Summary:

    Responsible for supporting the Regional Monitoring function by assessing the effectiveness of controls over Units' adherence to regulations and Banks' policies related to Core Regulatory (non-financial crime) compliance.

    Job Responsibilities:

    • Plan and conduct monitoring reviews to assess the effectiveness of controls over local units' adherence to regulations and banks' policies regarding core regulatory (non-financial crime) compliance topics.
    • Conduct reconciliation of employee broker accounts in connection with Personal Account Dealing.
    • Conduct reconciliation of employee attestations and declarations related to Outside Business Interests.
    • Utilize data analytics and user tools to enhance efficiency in monitoring reviews.
    • Prepare issue reports, outlining findings, root causes, and suggesting action plans for issue remediation.
    • Validate Management Action Plans based on review findings.
    • Engage in issue discussions with key stakeholders.
    • Collaborate with stakeholders locally and globally to enhance monitoring methodologies.
    • Maintain, design, and update Regional Monitoring Scripts.
    • Identify and escalate key risks or systemic trends and red flags.
    • Consult relevant subject-matter experts closely.
    • Support general compliance activities and other assigned duties, including special projects.

    Qualifications:

    • Bachelor's degree in any discipline.
    • 10-13 years of banking experience, including 3-5 years of relevant experience in internal control testing.
    • Proficient understanding of Process, Risk, and Controls concepts.
    • Strong analytical skills for interpreting data and deriving conclusions.
    • Ability to articulate issues, root causes, and recommend solutions effectively.
    • Excellent interpersonal skills for engaging with executives at all levels.
    • Familiarity with banking products and APAC banking regulations compliance is highly desirable.
    • Proficiency in data analytics tools like Alteryx, or other programming knowledge, is highly desirable.
    • Possession of relevant compliance or accounting certifications is a plus.

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