Global AML Advisory, Digital Asset Program Advisory at MUFG in New York, NY

Job description

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 selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details. Overview As an AML subject matter expert in Digital Assets, s/he is responsible for advising the Global AML Compliance Department and relevant first-line business leaders on strategies to identify and manage AML/CFT risks associated with the development and delivery of Digital Asset products and services. S/he leads the development and implementation of relevant strategies, methodologies, controls and program enhancements, and reports on their effectiveness. Job Summary Leads maintenance, enhancement and implementation of a global framework for Digital Assets financial crimes compliance, with primary responsibility for product control strategy, methodology and implementation. Provide AML advisory support for new or modified Digital Asset products and services, including tokenized deposits, stablecoins, tokenized securities, custody, settlement solutions and CBDCs. Assess how Digital Asset product structures, transaction flows, and operating models interact with existing banking and securities products, systems, policies and controls. Monitor and interpret global regulatory developments and translate expectations into actionable AML standards, methodologies, minimum control requirements and implementation guidance. Lead or coordinate product and control applicability assessments, gap analyses, risk assessments, target-state design, implementation planning and governance materials for Digital Asset initiatives. Drive integration of Digital Asset requirements into established KYC, customer risk rating, transaction monitoring, sanctions, Travel Rule, recordkeeping, regulatory reporting and management information frameworks, where applicable. Lead or support development of methodology for assessing Digital Asset AML controls, including applicability, design and effectiveness. Partner with first line strategy, product and business offices, as well as FCC and core compliance, legal, architecture, data and project management stakeholders to ensure sustainable controls aligned with product launch and change-management timelines. Advise on AML risks of next-generation payment and settlement capabilities, including real-time payments, tokenized money, distributed ledger-based settlement and interoperability arrangements. Provide regular updates to senior management and governance committees on Digital Asset financial crimes compliance strategy, implementation status, dependencies and emerging risks. Lead development of a global network of Digital Asset subject matter experts across the Regions to support consistent adoption of global standards and appropriate jurisdictional implementation. May liaise with senior regional FCC leadership, support examinations, and/or act as a primary global FCC point of contact for regulators, internal audit and independent testing functions on relevant Digital Asset product matters. Experience Deep subject matter expertise in AML and financial crimes compliance within a large bank, broker-dealer, securities firm, payments organ