Global Banking - Client Onboarding & Compliance Apprentice

Our Business Areas

Our securities business offer a comprehensive product suite to clients around the world through five key business lines in the primary and secondary markets: Debt Capital Markets, credit, rates, equities, and structured products.

Our commercial banking arm is a leading corporate lending bank offering an intensive range of services from Project Finance & Syndicated Loans through to Transaction Banking & Asset Finance.

By joining MUFG, you’ll have the opportunity to enhance your financial expertise and become part of a truly international organisation.

With our global reach and collaborative culture, you have the opportunity to create a brighter future at MUFG.

What to Expect

The Apprenticeship Programme is designed to help those with no experience of working in finance and provide the opportunity to embark on a structured learning journey resulting in a professional qualification. If you have a strong work ethic, are intellectually curious, and work well in a team, you will love working for us.

As a part of our two year Apprenticeship programme you will be studying towards the Level 3 Compliance and Risk Officer

Client KYC Group (CKG) falls under the COO function within the Corporate and Investment Banking Division of MUFG Bank. CKG supports in maintaining GCIB EMEA’s licence to operate and ensuring that the Business fulfils regulatory obligations. CKG is responsible for the management of all KYC related tasks for given areas across MUFG’s Banking arm and Securities business (where necessary) under a dual-hat arrangement. This includes: Customer Due Diligence; Screening (Bribery, Corruption, Adverse Media & Sanctions); Regulatory classification and suitability assessments.

In fulfilling this role, the apprentice will develop knowledge to ensure that thorough Customer Due Diligence is conducted effectively and that all applicable KYC requirements have been met prior to the commencement of any business relationship. This will include developing an understanding of the needs of the Business (i.e. timings, volumes) and the application of appropriate Anti-Money Laundering (AML) Controls.

Find below a brief overview of the knowledge and skills the apprentice can expect to develop over the two-year programme:

• Completion of relevant Bribery and Corruption checks for prospective transactions in order to identify potential reputational, Business and Sanction risks. This is to ensure that when the Business presents to Senior Management and Credit for initial approval of a potential business relationship, a full account of any risk is clearly detailed and defined for consideration;
• Conduct and maintain accurate records of customer categorisation and suitability assessments on all customers. This is to ensure that the products/services that MUFG will provide to the customer are suitable, appropriate, and in line with the requirements of MiFiD, EMIR and the Dodd Frank Act.
• Pursue ‘Lean KYC’ tasks – actively seek out opportunities to improve the KYC review process. This will include strengthening the implementation of Controls and improving overall efficiency.
• Become a Subject Matter Expert within GCIB in relation to all AML aspects to support ad-hoc queries from the Business, where required.
• Keep up to date on practices, developments and current trends in AML, Bribery, and Corruption prevention.
• Complete KYC onboardings and periodic reviews of clients following UK and EU KYC regulatory requirements.

As a part of a select intake, you will have the opportunity to learn from some of the best professionals in the industry. We’re highly team-driven, but you’ll still find plenty of opportunity to shine as an individual. In our open and inclusive environment, senior colleagues will know who you are and will see the work you do. In addition, your buddy and mentor will make sure you have all the support you need to succeed. And you’ll enjoy an ongoing commitment to your development as you build a lasting and rewarding career with us.