Analyst/Senior Analyst - User Acceptance Testing (UAT)

About Us:

Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the worlds leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with over 2,700 locations in more than 50 markets. The Group has over 180,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.

The Group aims to be the worlds most trusted financial group through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFGs shares trade on the Tokyo, Nagoya, and New York stock exchanges.

MUFG Bank, Ltd. is Japans premier bank, with a global network spanning more than 50 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments and individuals worldwide.

In Asia, MUFG has a presence across 20 markets Australia, Bangladesh, Cambodia, China, Hong Kong, Indonesia, India, South Korea, Laos, Malaysia, Mongolia, Myanmar, New Zealand, Pakistan, Philippines, Singapore, Sri Lanka, Taiwan, Thailand and Vietnam.

It has also formed strategic partnerships with some of the most prominent banks in Southeast Asia, further augmenting its unrivalled network across the region VietinBank in Vietnam, Krungsri in Thailand, Security Bank in the Philippines and Bank Danamon in Indonesia.

For more information, visit

MUFG Global Service (MGS)

Established in 2019, MUFG Global Services (MGS) is 100% subsidiary of MUFG Bank Ltd having offices in Bengaluru and Mumbai. MGS has been set up as a Global Capability Centre / Centre of Excellence to provide support services across various functions such as IT, KYC/ AML, Credit, Operations, Trade Finance etc. to MUFG Bank offices globally. With a current headcount of over 1000 employees, MGS India has plans to significantly ramp-up its growth over the next 18-24 months while servicing MUFGs global network across Americas, EMEA and Asia Pacific

About the Role:

Position Title: GSSOS - User Acceptance Testing (UAT)

Corporate Title: Analyst / Sr. Analyst

Reporting to: Manager - Global Financial Crimes (GFC)

Location: Bangalore

Job Profile:

Purpose of Role:

This role supports global compliance and risk mitigation solutions, by executing assigned processes to create UAT Standards for AML, KYC and Sanctions. Supports execution of UAT for Global Operations team, related to AML and KYC related systems and applications. a team in ensuring compliance with regulatory requirements associated with AML, international sanctions, and adherence to the Banks OFAC Global Standards.

Main Responsibilities:

• Review UAT scope for AML, KYC and Sanctions and create UAT plan, write detailed test cases based on Business requirements documents.
• Partner with AML Investigators and Global SMEs to understand the Target state processes for AML, KYC and Sanctions applications
• Review Global Target state processes and validate AML, KYC and Sanctions platforms for process deviations
• Perform manual UAT across regions and ensure adherence to Global UAT standards.
• Execute test cases, validate and document test execution results and ensure adherence to requirements traceability matrix.
• Document defects with detailed descriptions and supporting information and participate in defect triage meetings
• Create professional program/reporting documentation in support of AML operations UAT.
• Diligence work with technology and various global operations teams during UAT execution process and ensure testing is executed per schedule
• Should be able to analyze, research and provide timely response to data requests.
• Provide analytical and tactical support for assigned processes
• Contributes to workflow and process redesign focused on streamlining Global Financial Crimes activities and solutions
• Ensure timely reporting of daily, weekly and monthly status reports
• Possess an awareness of regulatory and Bank compliance environments as well as an interest to self-educate on new topics and changing requirements.
• Partner with Business Line (BL) contacts to fully understand product offerings, embedded BL compliance functions, and where the AML and EDD Analytics team can provide value in terms of risk coverage and mitigation.

Candidate Profile:

Skills and knowledge:

• IT or engineering background logical and analytical thinking, methodical approach
• Knowledge of banking processes/applications related to AML domain including KYC, Transactional monitoring, OFAC Sanctions compliance laws and regulations
• Experience in performing Manual UAT testing for Frontend UI for data validation, Workflow validation and backend database validation is preferred
• Possess an awareness of regulatory and Bank compliance environments as well as an interest to self-educate on new topics and changing requirements
• Experience in Actimize AML, KYC or Case Manager (ActOne), SAS AML Case manager is preferred,ACAMS designation a plus
• Experience investigating compliance processes, performing compliance testing, training, quality control/assurance processes, and internal/external audits
• General understanding of sanctions compliance laws and regulations, applicable to international sanctions programs
• Experience in the testing GUI applications, ad-hoc and canned reporting applications is plus
• One year + experience with HP AML or any Defect management system is a plus, specifically for Test Plan, Test Lab and Defect modules.
• Ability to clearly explain test results to BL and support conclusions with rational
• Understanding of banking products and processes as they relate to sanctions controls
• Excellent written and verbal communication skills
• Excellent judgement and analytical skills
• Must be able to multi-task, adapt well to changing priorities, and effectively prioritize workflow to meet critical deadlines.
• Ability to work in a fast-paced, demanding, and changing environment; must work well under pressure

Education & professional qualifications:

• BA/BS Degree or relevant experience desired
• 5 to 8 years experience in user acceptance testing (UAT) for Financial Crimes operations for AML, KYC and Sanctions.
• 2+ years of experience within the financial services industry, specific to global risk and financial crimes preferred.
• 1+ Year experience in experience with HP AML or any Defect management system is a plus, specifically for Test Plan, Test Lab and Defect modules.
• Knowledge of SQL is preferred

Experience:

• 5 to 8 years experience in user acceptance testing (UAT) for Financial Crimes operations for AML, KYC and Sanctions.
• 2+ years of experience within the financial services industry, specific to global risk and financial crimes preferred.
• 1+ Year experience in experience with HP AML or any Defect management system is a plus, specifically for Test Plan, Test Lab and Defect modules.
• Knowledge of SQL is preferred