At a Glance
- Tasks: Support and onboard new client relationships while ensuring compliance with regulations.
- Company: Join MUFG, a leading global financial group with a people-first culture.
- Benefits: Flexible working options, competitive salary, and opportunities for professional growth.
- Other info: Dynamic work environment with a focus on diversity and inclusion.
- Why this job: Make a meaningful impact in the financial sector while developing your skills.
- Qualifications: Experience in Anti-Money Laundering or financial crime roles is preferred.
The predicted salary is between 35000 - 45000 £ per year.
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 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.
The Client On-Boarding team is part of Client Management Services, which is situated within the Corporate and Investment Banking Division of MUFG Bank. However, this function acts as a centralized 1st line support team, providing support to Corporate & Investment Banking in EMEA, Capital Markets and MUFG Securities both in London and in Amsterdam.
MAIN PURPOSE OF THE ROLEThis individual will be responsible primarily for supporting and on-boarding new client relationships across MUFG Bank and MUFG Securities Financial Institution clients, as well as some Corporate clients (existing business relationships). This includes; Customer Due Diligence, Screening (Bribery, Corruption, Adverse Media & sanctions), regulatory classification and suitability assessments.
A key aspect to this role is the effective resource and capacity management, stakeholder management, and a drive to improve the service provided to the customer and the business.
KEY RESPONSIBILITIES- Ensure that “Know your Customer” due diligence reviews are completed within the prescribed review cycle in order to comply with the Bank’s AML policy and all applicable regulatory requirements.
- Complete relevant Bribery and Corruption checks for prospective transactions for existing clients in order to identify potential reputational, business and sanction risks.
- Maintain accurate records of customer categorisation and suitability assessments on all applicable customers, to ensure that the products/services that we are providing to the customer are suitable, appropriate and in line with the requirements of MiFiD, EMIR, Dodd Frank Act and all other applicable regulations.
- Pursue Lean-On-Boarding; actively seek out opportunities to improve the on-boarding process; including the strengthening controls and improving efficiency.
- Drive to build knowledge within the Anti-Money Laundering sector and to understand the rationale for underlying policy requirements.
- As part of the periodic review/event driven review process; be vigilant to Identify and escalate risks/issues to line management.
- Assist the business where changes occur to existing customer profiles, by taking appropriate actions (i.e. conducting interim Partial Assessments, system updates and escalating where appropriate).
- Facilitate the setup of non-KYC entries into the relevant systems, ensuring data is accurate and controls are sufficiently in place. This includes Guarantors, Non-trading roles, duplicates entries.
- Complete relevant Bribery and Corruption checks for prospective transactions for existing clients in order to identify potential reputational, business and sanction risks.
- Where required, conducting
Analyst - Client Onboarding KYC employer: MUFG Bank, Ltd
At Mitsubishi UFJ Financial Group (MUFG), we pride ourselves on being an exceptional employer, offering a dynamic work culture that prioritises collaboration, innovation, and personal growth. Located in London, our team is empowered to make impactful decisions while benefiting from extensive training and development opportunities within one of the world's leading financial institutions. Join us to be part of a diverse and inclusive environment where your contributions are valued and rewarded, and where you can truly own your career path.
StudySmarter Expert Advice🤫
We think this is how you could land Analyst - Client Onboarding KYC
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like MUFG Bank, Ltd. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Analyst - Client Onboarding KYC
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to MUFG Bank, Ltd.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on MUFG Bank, Ltd's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at MUFG Bank, Ltd
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with MUFG Bank, Ltd.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at MUFG Bank, Ltd will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former MUFG Bank, Ltd employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
