Assistant Vice President, Sanctions Programs - Systems, Projects, Governance

MUFG Bank, Ltd; City of London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading global financial institution in London seeks a Sanctions Program Team member to oversee sanctions-related projects and ensure compliance with financial crime regulations. The ideal candidate has at least 2 years of experience in a sanctions function and project management skills, providing expertise and support within a dynamic workload environment. This role offers an opportunity to contribute to a robust compliance framework in a reputable financial institution.

Qualifications

• A minimum of 2 years in a central sanctions function.
• Strong knowledge of banking and financial crime controls.
• Experience in project management on business change.

Responsibilities

• Provide support on sanctions-related systems.
• Drive delivery of initiatives across the Sanctions Programs team.
• Manage queries and escalations from stakeholders.

Skills

Sanctions knowledge

Project management

Stakeholder engagement

Education

Degree

Relevant Qualification

Tools

Microsoft Office

Job description

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 150,000 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.We are MUFG. 360 years of heritage. A world-class set of businesses. And more than 180,000 employees in 50 markets. It’s no surprise that MUFG has grown to become one of the top five banks in the world. Our services include commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. MUFG offers stability in an ever-changing market, providing services to high-profile clients worldwide.The Financial Crimes Office for EMEA (FCOE) in London is part of the Global Financial Crimes Division (GFCD) headquartered in New York. It works to ensure that our organisation conducts its business such that we protect our reputation, our business, and our clients within the regulatory and legal framework. It is responsible for the establishment and maintenance of effective systems and controls to protect clients’ assets and to mitigate the risk that MUFG might be used to further financial crime.**NUMBER OF DIRECT REPORTS**0**MAIN PURPOSE OF THE ROLE**The Sanctions Program Team is responsible for the effective running of the Sanctions Program across alljurisdictions within EMEA. The team ensure the robust management of the broader Sanctions ControlFramework, in support of this they provide oversight, SME knowledge and support to other SanctionsTeams and the delivery of key projectsThis includes:* Driving the implementation of MUFG Bank’s financial crimes risk appetite, policies and standards through working with Transformation and Technology partners, Country Compliance teams, Operationsand Business stakeholders.* Providing support and logistical management to enable Sanctions Programs to deliver its book of workefficiently and effectively across the EMEA region with specific responsibility for the management ofSanctions-related projects.* Ensuring that our organisation conducts its business such that we protect our reputation, our business,and our customers within the regulatory and legal framework.* As part of a leading global financial group, MUFG is required to act with integrity and meet our corporateresponsibilities in the fifty-plus countries and regions where we operate. Ensuring we have acomprehensive financial crime compliance program is one of our most important responsibilities.MUFG has established the Global Financial Crimes Division in New York, USA to lead the program and each region under this program has a Financial Crimes Office.* Financial Crimes Office EMEA (FCOE) is the regional office responsible for the establishment andmaintenance of effective systems and controls to protect customers’ assets and to mitigate the risk thatMUFG might be used to further financial crime in EMEA.* MUFG’s financial crime compliance framework includes control processes designed to help the Bankdetect, deter, and prevent financial crime as well as assess and mitigate related risks (i.e., moneylaundering and terrorist financing risk, sanctions risk, and bribery and corruption risk) in a manner that isconsistent with applicable laws, rules, regulations, supervisory guidance, and commensurate with theBank’s risk profile and risk appetite.**KEY RESPONSIBILITIES**In this role, you will:* Provide support and expertise on sanctions-related systems, including managing incidents.* Actively drive delivery of projects and initiatives across the Sanctions Programs team.* Support Governance activities which includes arranging meetings, creating meeting materials such as slides and minutes; alongside general stakeholder engagement.* Work with Transformation colleagues to manage Regional Sanctions Book of Work, coordinating across sub-functions, to enable team coverage of a dynamic workload.* Manage queries and escalations from local and global stakeholders.* Support relevant audits, testing reviews and risk assessments, collating and reporting sanctions input and guidance.* Provide support as may be required to support other Sanctions Programs activities* Provide subject matter expertise on economic sanctions, and the related controls, in particular HMT, EU, and OFAC.* Seeking to identify actions / tasks in order to implement improvements to relevant financial crime procedures or processes.* Being responsible for ensuring that actions are appropriately assigned and delivered in a timely manor* Collaborating and communicating with various teams and key stakeholders across the Bank.* Working with the Sanctions Team and other action owners on the implementation of new controls and uplifts in procedures or processes.* Assisting action owners in developing and delivering more detailed plans, in consultation with the appropriate stakeholders* Managing and escalating Risks and Issues* Engage with senior stakeholders in local, regional, and global teams.* Support other components of the sanctions team as appropriate.**WORK EXPERIENCE**Essential:* A minimum of 2 years in a central sanctions function* A strong knowledge of banking and associated systems and controls for financial crime* A minimum of 2 years’ experience in project management* Previous experience in delivering both business change and system related projects on behalf of the business**SKILLS AND EXPERIENCE****Functional / Technical Competencies:**Core* Manages priorities effectively and delivers efficiently* Demonstrates strong attention to detail* A good understanding of the concepts of risk management and control* A good understanding of Banking and Investment products* Broad understanding of financial crime risk (Sanctions, AML and ABC)* Proactively identifies and communicates improvements to process* Planning* Project delivery* Risk and issue managementPreferred:* AML or Sanctions process knowledge* Project management* Experience of interacting with stakeholders at a senior level* Strong understanding of sanctions systems and controls* Strong relationship building and management skills* Experience with payments or payment related projects**Education / Qualifications:**Preferred:* Degree* Relevant Qualification* Project related qualifications**PERSONAL REQUIREMENTS*** Excellent communication and interpersonal skills* Results driven, with a strong sense of accountability* A proactive, motivated approach.* The ability to operate with urgency and prioritise work accordingly* Strong decision-making skills, the ability to demonstrate sound judgement* A structured and logical approach to work* Strong problem-solving skills* Excellent interpersonal skills* 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* Excellent Microsoft Office skills**PERFORMANCE AND 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