Senior Analyst KYC QA

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. About the Role Position Title   : KYC QA Analyst                   Corporate Title: Senior Analyst Reporting to    :  Assistant Vice President Location          : Bengaluru      Job Profile Roles and Responsibilities ·         Review and adherence of KYC Policy, Operating Manual, QA Workbooks, and any other Process documentation. ·         Discuss with the KYC MO and identify a representative sample of customers for review. ·         Review the sampled customers for the characteristics outlined in the KYC QA workbook. ·         KYC QA workbook needs to be completed for KYC review. ·         QA reviewer needs to opine on the Accuracy, Completeness, and Timeliness aspect of each review criteria for the sampled customers. ·         Any variances observed should be documented and shared with the KYC MO. ·         A summary of the variances along with recommendations should be shared with the KYC MO. ·         QA reviewer to discuss the variances with the process owner. ·         Any variances remediated by the Bank should be revalidated by the QA reviewer and closed if it is addressed satisfactorily. Variances that require significant time to remediate will be included in the next quarterly review. ·         Summarize the QA results and work with the Bank to develop a plan to address the Exceptions/Errors/Recommendations ·         Assign each of the variances into different themes by customer type. ·         For each of the QA themes document the recommendations to address the variances ·         Classify the impact of each recommendation as “Improving the quality” or “Improving the efficiency”. ·         Compare the current quarter results with the previous quarter to assess the impact of the recommendations ·         Prepare and deliver QA Toolkit workbooks. Work experience: ·         Experience designing, developing, implementing, and maintaining KYC programs ·         Experience in performing QA reviews on KYC profiles. ·         Experience working with technical, customer, and functional teams ·         Prior KYC, AML, or compliance QA experience in financial services is idea Education: