Assistant Vice President, Transaction Monitoring

• You will develop and implement a best-in-class alert monitoring function within the Oceania Compliance team by leveraging experience from other leading banks and adapting proven methodologies.

• You will actively participate in conceptualising and formulating new policies, frameworks, programmes, and procedures in collaboration with other business units as required, particularly regarding new AML/CTF standards and other financial crime regulatory authorities such as AUSTRAC and DIA.

• You will assist in the fiscally responsible use of resources while maintaining high standards of compliance monitoring.

• You will conduct day-to-day transaction monitoring activities to identify any potential suspicious or fraudulent activity within customer accounts.

• You will conduct Quality Assurance (QA) activities related to Transaction monitoring-related activities.

• You will serve as the point of contact for branch-specific transaction monitoring system development and changes, liaising with internal departments on related issues.

• You will analyse data from customers and financial institutions to detect fraudulent activity and conduct enhanced due diligence as necessary.

• You will ensure that AML compliance risks are adequately identified, assessed, monitored, controlled, and reported according to regulatory requirements.

• You will support internal stakeholders including managers and regional staff by building strong working relationships that promote awareness of transaction monitoring system requirements.

• You will prepare analytics and reports to monitor transaction monitoring system alert outcomes, liaising with relevant compliance functions for timely reporting.

What you bring:

• At least two years’ work experience at a financial institution relating to financial services compliance provides essential industry context (required).

• Previous experience with financial crime compliance equips you with practical insights into risk assessment processes (preferred).

• Previous experience undertaking Quality Assurance activities.

• A solid understanding of banking-related local regulatory requirements

• Excellent knowledge of Australian AML/CTF regulations

• Strong communication skills allow you to explain technical concepts clearly to both technical specialists and non-specialists alike.

• Ability to manage multiple priorities simultaneously to ensure deadlines are met

• Being detail-oriented and diligent means you consistently deliver thorough investigations while maintaining accurate records.

• Capacity to work both independently and collaboratively

• Degree qualification demonstrates your academic foundation for success in this role (required).

• AML/CTF-based qualifications are considered advantageous for candidates looking to further specialise within this field.

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What's next:

If you’re ready to make a meaningful impact in financial crime prevention while enjoying flexible working opportunities within a supportive team environment, this is your moment!

Mitsubishi UFJ Financial Group (MUFG) is an equal opportunity employer. We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organsational fit, regardless of race, religion or gender.