Manager Sanctions Advisory

Manager - EMEA Sanctions Advisory

About the Role

Position Title: Sanctions Advisory - Manager

Corporate Title: Assistant Vice President

Reporting to: Head of EMEA Sanctions Advisory

Location: Bangalore

Job Profile

Position details:

Purpose of Role

Driving the implementation of MUFG Bank’s financial crimes risk appetite, policies and standards by providing an approachable sanctions advisory hub to the EMEA region for all sanctions queries, ensuring advice is clear, informative and consistent.

Main Responsibilities

• Provide timely and consistent sanctions advice to key stakeholders regarding potential transactions
• Conduct risk assessments on proposed transactions
• Evaluate and provide advice regarding sanctions clauses in contractual agreements
• Review sanction alerts identified during Know Your Customer (KYC) onboarding and periodical review
• Liaise with key stakeholders to perform Customer Due Diligence when a sanctions nexus is identified
• Review and assess New Product Approvals in the EMEA region from a sanctions perspective
• Assist GFCD in the collection of customer information pertaining to sanctions data
  

Candidate Profile

• Skills and knowledge
• Strong analytical skills
• Strong written and excellent communication skills
• Strong financial sanctions knowledge in particular OFAC, EU and UK regulations
• Strong relationship building and management skills
• MS Office skills
• Demonstrates attention to detail
• A good understanding of Banking and Investment products
• Broad understanding of financial crime risk (AML and ABC) in banking
• A good understanding of the concepts of risk management and control
• Manages priorities effectively and delivers efficiently
• Proactively identifies and communicates improvements to process
• A proactive, motivated approach.
• Strong decision-making skills, the ability to demonstrate sound judgement
• The ability to operate with urgency and priorities work accordingly
• Works collaboratively with immediate colleagues, other teams in Financial Crime, across EMEA and the Bank and escalates appropriately
• The ability to manage large workloads and tight deadlines
• Excellent attention to detail and accuracy
• A calm approach, with the ability to perform well in a pressurised environment
• Ability to manage multiple priorities and work streams effectively.
  

Job Requirements: Experience

• 8-10 years of proven experience in and understanding of Sanctions
• Strong knowledge and experience in the banking industry.
  

Performance & Duties

The role holder will be assessed in accordance with their employing entity’s performance framework and process with relevant input obtained from the dual hatting entity as relevant.

As duties and responsibilities change, the job description will be reviewed and emended in consultation with the role holder. The role holder will carry out other duties as are within the scope, spirit and purpose of the role as requested by their line manager or Department Head.

Managing Conflicts of Interests

• The role holder will have responsibilities for both MUFG Bank and MUFG Securities EMEA plc.
• The role holder will be required to perform their duties and responsibilities on an entity neutral basis, without favor.
• The role holder is required to follow regulatory requirements applicable to ensure each business is appropriately supported and to maintain the legal entity integrity of each of MUFG Bank and MUS.
• Working terms are dictated by functional mandates, the terms of the Dual-Hat Arrangement Agreement in place between MUFG Bank and MUFG Securities EMEA plc and any other relevant agreements entered between MUFG Bank and MUFG Securities EMEA plc.
• The role holder will have responsibility for identifying and resolving where there may be a difference or conflict in needs between MUFG Bank and MUFG Securities EMEA plc, escalating to their manager where required.
  

Education & professional qualifications

• Degree or equivalent industry standard qualification.