Full-Time
Financial Crime Compliance – Policy & Framework Lead
MUFG
10,001+ employees
Global bank offering diversified financial services
No salary listed
Australia
In Person
 Legal & Compliance (1) |
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- 8 years experience in Financial Crime Compliance, Anti-Money Laundering and Countering Financing of Terrorism or broader Financial Crime risk within financial services.
- Experience in asset and wealth management is highly desirable
- Experience with Board and committee governance frameworks, including senior reporting and escalation.
- Demonstrated experience operating in a second line of defence (2LOD) role, with responsibility for governance, escalation and oversight.
- Strong working knowledge of AML/CTF regulatory obligations, including suspicious matter reporting, risk assessments and governance frameworks.
- Proven experience partnering with 1LOD Financial Crime teams to influence risk outcomes while maintaining appropriate independence.
- Understand how financial crime risk aligns with business strategy
- Experience engaging with regulators, internal audit and external reviewers, including response preparation and remediation oversight.
- Ability to balance commercial objectives with regulatory expectations
- Track record of exercising sound judgement in complex, high risk or ambiguous situations.
- Experience providing FCC input into technology change or transformation initiatives.
- Contribute to the design, implementation and continuous enhancement of the Financial Crime Compliance framework, policies and standards.
- Provide strategic insight and regular reporting to the Head of FCC / AMLCO on financial crime risk exposure, compliance posture and mitigation strategies.
- Embed a strong compliance culture by promoting financial crime risk awareness, accountability and consistent risk-based decision making.
- Collaborate with Technology, Data and Operations teams to influence the future-state FCC technology roadmap, ensuring alignment with Group-wide detection and mitigation capabilities.
- Monitor emerging financial crime risks, typologies and regulatory expectations, and translate these into forward-looking policy and framework enhancements.
- Support the maintenance of a consistent, risk-based FCC / AML program covering all AML/CTF obligations, including Customer Due Diligence, Know Your Customer, transaction monitoring, risk assessments, reporting and record keeping.
- Partner with 1st Line of Defence to identify control gaps, emerging risks and systemic weaknesses across AML, sanctions and Anti-Bribery and Corruption.
- Oversee FCC assurance and quality assurance activities relevant to Corporate Markets, including review of control testing, thematic reviews and assurance outcomes.
- Challenge remediation plans, track issue resolution and escalate material or systemic concerns where required.
- Support effective and compliant FCC system design by providing risk input into data quality, control effectiveness and technology change initiatives.
- Monitor and manage technology-related financial crime risks, issues and dependencies.
- Act as a trusted advisor to business leaders, AMLCO / MLROs and financial crime teams, providing clear, pragmatic and defensible advice.
- Translate complex regulatory requirements into practical, risk-based guidance for business application.
- Provide guidance on complex or high-risk AML, sanctions and ABC matters, supporting informed senior decision making.
- Promote consistency of FCC interpretation and outcomes across the business.
- Develop and deliver financial crime training across 1st and 2nd Lines of Defence, and promote ongoing awareness through workshops and stakeholder engagement.
- Represent FCC in regulatory, audit or governance forums where required, ensuring advice and decisions are clearly documented and defensible.
- Provide advice on sanctions risk associated with clients, transactions and products, ensuring alignment with Group policy and regulatory expectations.
- Collaborate closely with 1LOD to resolve complex, high-risk or sensitive issues.
- Provide 2nd Line of Defence oversight of sanctions risk and compliance for Corporate Markets, ensuring risks are identified, assessed and appropriately managed.
- Oversee sanctions screening governance, decision making and escalation processes, including review of material issues, breaches and complex judgement calls.
- Oversee Anti Bribery & Corruption risk assessments, control design and issue management.
- Review material ABC incidents, allegations and control weaknesses, and provide senior guidance on ABC risks relating to clients, intermediaries and transactions.
- Ensure AML, sanctions and ABC risks are integrated into broader FCC governance frameworks.
- Support the AMLCO in regulatory engagement, supervisory reviews and information requests.
- Review regulatory submissions, correspondence and remediation plans, and provide authoritative advice on regulatory obligations and emerging expectations.
- Experience in asset and wealth management is highly desirable
MUFG is a global financial group that provides banking, trust services, securities, credit cards, and asset management to individuals and businesses. Its products work by offering loans, deposits, payments, investments, and asset management through a network of banks, digital platforms, and advisers. It differentiates itself by its large size, diversified offerings, and strong international footprint, including its U.S. expansion tied to the Morgan Stanley partnership. Its goal is to support economic growth worldwide by expanding its reach and promoting sustainable finance.
Company Size
10,001+
Company Stage
IPO
Headquarters
Tokyo, Japan
Founded
2006
Your Connections
People at MUFG who can refer or advise you
Simplify's Take
What believers are saying
- Fiscal 2026 live transactions create an early corporate payments use case.
- Cross-border settlement can cut costs and reduce nostro account dependence.
- Large corporates like Mitsubishi Corporation provide credible first-mover demand.
What critics are saying
- SMBC and Mizuho can capture share if MUFG execution slips.
- Regulatory scrutiny can delay issuance, governance, or trust-structure approvals.
- Custody or cybersecurity failures can freeze settlements and damage MUFG’s reputation.
What makes MUFG unique
- Japan’s largest banks plan a joint yen stablecoin under MUFG governance.
- MUFG uses a trust-based issuance model with regulated institutional oversight.
- MUFG’s Progmat infrastructure can standardize issuance and lower integration costs.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Paid Vacation
Paid Sick Leave
Paid Holidays
Parental Leave
Professional Development Budget
401(k) Retirement Plan
Remote Work Options
Flexible Work Hours
Company News
Cleary Gottlieb represented the global coordinators and initial purchasers and the joint-bookrunners and initial purchasers in the offering of $350 million 9.7% notes due 2033, issued by Movida Europe.
Japan's MUFG Bank acquires 20 pc stake for Rs 39,618 cr in Shriram Finance. PTI Last Updated: Apr 08, 2026, 04:30:00 PM IST Japan's MUFG Bank has acquired a 20% stake in Shriram Finance Ltd (SFL) for Rs 39,618 crore, marking the largest cross-border investment in India's financial services sector. This strategic collaboration aims to leverage MUFG's global expertise to accelerate SFL's growth and enhance financial inclusion in India. New Delhi: Japan's MUFG Bank on Wednesday acquired 20 per cent stake in Shriram Finance Ltd (SFL) for Rs 39,618 crore. The transaction represents the largest cross-border investment in India's financial services sector. "This follows the approval by SFL's Board of Directors, at its meeting held today, of the allotment of equity shares to MUFG Bank through a preferential issue," SFL said in a statement. You May Like MUFG Bank has subscribed to 471,121,055 equity shares at an issue price of Rs 840.93 per share, with the total investment amounting to approximately Rs 39,618 crore, it said. The investment has been undertaken after obtaining all requisite regulatory and statutory approvals, including approval from the Competition Commission of India. Upon completion of the allotment, MUFG Bank will hold a 20 per cent equity stake in SFL on a fully diluted basis, it said. It further strengthens MUFG's presence in India and enables SFL to leverage MUFG's global expertise and capabilities to accelerate its long-term growth strategy, it said. The completion of this transaction marks a significant milestone for both MUFG and SFL, strengthening their long-term strategic collaboration and reinforcing their shared commitment to driving sustainable growth and financial inclusion in India, it said. SFL Executive Vice Chairman Umesh Revankar said this collaboration will open new avenues for innovation, enhance access to diversified and cost-effective funding, and support adoption of global best practices in risk management and governance. "The investment significantly strengthens our capital base and positions us to accelerate growth across key business segments. As we move forward, our focus remains on delivering consistent and responsible growth while creating long-term value for all stakeholders," he said. MUFG President and Group CEO Junichi Hanzawa said SFL is a leading financial institution in India with a strong business foundation and significant growth potential in the MSME and retail segments. "This investment represents an important step that underscores MUFG's long-term commitment to the Indian market, and we believe it will contribute to India's sustainable economic growth and the advancement of financial inclusion. Going forward, we will support SFL's sustainable growth by leveraging MUFG's customer network and experience cultivated through partner bank management," Hanzawa added. In December, Mitsubishi UFJ Financial Group Inc (MUFG) signed definitive agreement to acquire a 20 per cent minority stake in non-bank lender Shriram Finance Ltd for Rs 39,618 crore (around USD 4.4 billion).
Finnovation Tech Solutions Private Limited has raised $220 million in a funding round co-led by new investor Hornbill Capital Advisers and returning investors Motilal Oswal Alternates and Dragon Funds, managed by Mitsubishi UFJ Financial Group. The round, which took place on 8 April 2026, included participation from new investors White Oak Capital Management Consultants and A.P. Møller Holding, alongside returning investors Premji Invest and Advent International. The funding comprises $220 million in primary capital and $60 million in secondary capital, valuing the company at $1.5 billion post-money. The company issued convertible preference stock in the transaction. Finnovation Tech Solutions has now raised a total of $540 million to date.
Neuralport, a Japanese startup developing VR-based brain fatigue measurement systems for athletes, has raised funding in a seed extension round, bringing its total capital raised to ¥170 million. The round included equity investment from Mitsubishi UFJ Morgan Stanley Securities and angel investors, plus debt financing from Japan Finance Corporation. Founded in 2020 and based in Ashiya, Hyogo, Neuralport develops "ZEN EYE Pro", a VR brain fatigue measurement system using eye-tracking technology, and "ZONE-Z", a training pod designed to scientifically recreate peak performance states. The company operates under the mission "Update the Brain OS" and focuses on high performers, particularly athletes. Neuralport's research spans experimental psychology, neuroscience, eye tracking and robotics, with a global team conducting cross-disciplinary research.
SPARX establishes JP¥50bn Japan Monozukuri Fund II. SPARX Group has launched a second Japan manufacturing fund with Toyota, SMBC, MUFG Bank, and Mizuho Bank as limited partners * April 6, 2026 SPARX Group has established the Japan Monozukuri Mirai Fund II, a new investment vehicle targeting Japanese manufacturing companies, in partnership with Toyota Motor Corporation, Sumitomo Mitsui Banking Corporation (SMBC), MUFG Bank, and Mizuho Bank, with initial capital commitments totalling JP¥40.7bn (approximately US$255m) as of 3 April 2026. The fund follows the original Japan Monozukuri Mirai Fund, established in December 2020, and aims to support the sustainable development of Japan's manufacturing sector by investing in domestic companies with strong talent, technologies, and services. The fund's banking limited partners, SMBC, MUFG Bank, and Mizuho Bank, will contribute financial and investment expertise to support portfolio companies. Areas of focus include on-site operational improvements, productivity enhancement, governance strengthening, and the formulation of business strategies and medium-term management plans. SPARX Asset Trust & Management serves as general partner, with the fund targeting a total size of JP¥50bn (approximately US$314m) by the end of March 2027. Additional investor commitments will be sought from parties aligned with the fund's objectives. Toyota's participation as a limited partner connects the initiative to the automotive supply chain. The fund's focus on monozukuri, Japan's manufacturing craftsmanship philosophy, gives the initiative direct relevance to vehicle production and the broader supplier ecosystem.