First Line of Defense Control Office Summer Analyst Program
Jersey City, New Jersey
Build a Career at MUFG
For more than 360 years, our passion for progress has been unwavering. We helped build some of history’s greatest moments and today’s biggest breakthroughs. Now, we’re shaping tomorrow’s innovations and are looking for driven individuals, whose curiosity can inspire our next great idea and our clients’ biggest breakthrough.
We’re proud to offer opportunities for students and recent graduates to build the foundation for a successful career, with hands-on experience and impactful mentorship.
Our bank is built for change. Join us in shaping it.
- Job Type: Full Time
- Job Level: Internship
- Length of program: 10 weeks
First Line of Defense Control Office Summer Analyst Program
- Requisition # 10056127-WD
- Job Type Full time
- Date posted 09/06/2022
Your potential. Your opportunity.
Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world. Across the globe, we’re 180,000 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.
Your Potential. Your Opportunity.
MUFG is as committed to your future as you are. It's part of our culture to put people first, and that means focusing on you. Whether your goal is to advance your career, tackle new roles within financial services, refine your knowledge as a subject matter expert, or move and work abroad, MUFG provides you with the opportunity to chart your course toward career success. Invest in your potential by taking positive steps to advance your career and pursue your next opportunity with us!
We are seeking high achievers that are intellectually curious, enthusiastic, and demonstrate strong work ethic. Individuals that work well in a collaborative environment are vital to driving our business forward.
At MUFG, we strive to create an inclusive environment, where everyone’s perspective is valued. We are committed to diversity and inclusion in our workforce – all students are welcome to apply.
Summer Analyst Program Overview
Role Locations: New Jersey and Texas
The Summer Analyst program is a hybrid position, requiring some in-office attendance.
On-the-Job Experience: Our 10-week First Line of Defense Control Office Summer Analyst Program is more than just a fascinating insight into MUFG: it is an opportunity to build the foundation for a long, rewarding career!
Our program begins in early June and provides rising seniors with hands-on experience and business exposure in the world of Anti-Money Laundering (AML), Know Your Customer (KYC) and Financial Crime broadly. Summer Analysts can expect to have the opportunity to learn AML/KYC foundational concepts, as well as how to operationalize these concepts in a Banking setting. We will place you within a specific vertical, which enables you to concentrate and quickly develop valuable skills and knowledge that are essential to becoming an integral part of the team.
You will work alongside MUFG professionals at all levels who will serve as your instructors and mentors. Our summer analysts will gain exposure to a diverse client portfolio, and engage on special projects & initiatives, cultivating investigative, analytic and stakeholder management skills. Our program is designed to help you grasp what it’s like to work within a global organization focusing on Financial Crime and decide where you want to take your career.
Training: After one week of in-depth, intensive training in your respective location, you will benefit from working alongside experienced colleagues on meaningful work and will continue receiving on-the-job training throughout the 10-week program.
First Line of Defense Control Office Onboarding & KYC Unit
This position supports the First Line of Defense Control Office (FLoD CO) Onboarding & KYC Unit. FLoD CO is a division of the Office of the Chief of Staff, with the Onboarding & KYC Unit serving as a subdivision of FLoD CO. The Onboarding & KYC Unit is responsible for conducting New Onboarding, Periodic Reassessment and Ad-hoc KYC on Global Corporate Investment Banking and Japanese Corporate Banking customers across both corporate and financial institution verticals. You will gain exposure to how various KYC functions are performed such as risk identification, documentation collection, adhering to the Bank’s policies and procedures, and ensuring processes are in line with regulatory frameworks. You will also gain exposure to all aspects of the team’s communication environment, including liaising with stakeholders across the Business Units and Second Line of Defense teams. You will gain firsthand perspectives into strategic projects, the risk focused workstreams that exist, as well as various change management initiatives, such as enhancements and escalation frameworks which have significant business impact.
Support & Guidance: Our team is committed to your success and will pair you with a mentor/manager who will work with you to set goals, provide professional development, guidance and conduct your performance review. You will also have many opportunities to network with peers, mentors and senior managers through team-building sessions, speakers and other organized events.
In our open and inclusive environment, senior colleagues will know who you are and will see how your work impacts our high-performance culture. At the end of the program, you will leave with a better understanding of global financial crime and an insider’s perspective that you'll only acquire from analyzing complex client profiles for AML risk.
Each summer analyst gets a top-tier mentor in addition to their actual manager. The mentor will provide goals and professional development guidance and conduct performance reviews as a commitment to our summer analysts. At the end of the program, you will obtain a better understanding of your group and how your role can play a part in the success of the bank.
- GPA of 3.3 or above is preferred, along with recommended course work in financial crime, compliance, operations, finance, accounting or economics
- 2023 rising senior; graduating Winter 2023 or Spring 2024
- Strong interest in Financial Crime, Compliance and Banking
- Technologically savvy and proficient in Microsoft Office (Excel, PowerPoint, Word)
- Strong verbal and writing skills
- Self-starter with strong interpersonal skills and individual initiative, self-discipline and integrity, who exhibits strong leadership qualities and the ability to develop creative solutions
- You work well independently as well as in teams, and collaborating with groups across the organization
- MUFG will not hire individuals for internships or entry-level positions whose work eligibility is based on their F-1 or other student visa status
- Must be authorized to work in the United States on a permanent basis and would not require visa sponsorship now, or in the future
Join MUFG and be empowered to make your voice heard and your actions count.
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world (as ranked by S&P Global, April 2020). In the Americas, we’re 13,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, developing positive relationships built on integrity and respect. It’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. We’re a team that accepts responsibility for the future by asking the tough questions and owning the solutions.
#internThe above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.
We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.
- Client Centric
- People Focused
- Listen Up. Speak Up.
- Innovate & Simplify
- Own & Execute
If a passion for client service, collaboration, innovation and inclusion matches with your career aspirations, I encourage you to explore what’s possible at MUFG.
Kevin Cronin, Regional Executive for the Americas
I'm so proud to have worked for a company that supports inclusion and diversity. It's not just a claim; I've witnessed it in practice.
Claire M., Corporate, Investment Banking & Markets Summer Analyst
One of the most meaningful aspects of my experience as a Summer Analyst was the willingness of leadership and colleagues to spend time sharing their career learnings with our cohort.
Arjun T., Financial Management Summer Analyst
My career at MUFG started as a Summer Analyst in the Global Cybersecurity Operations Center and I now work full time as an Analyst in the same unit, responding to cyber threats against the bank. From my time as a Summer Analyst to now, I have had the opportunity to work with multiple teams daily and learn from many talented colleagues along the way. The opportunity for continuous growth keeps me motivated and the work we do is very rewarding. These are just a few of the many reasons I'm proud to work for MUFG.
Laura L., Operations & Technology Summer Analyst
Better balance in banking
We believe that high performance at work, and time for life outside of work, are not mutually exclusive. Our Summer Analyst Program is designed to accommodate hands-on development in a short time frame but also to ensure you have time after work to do the things you like.
Big bank with a boutique feel
We're a global bank with a local feel. Operating in more than 50 countries with over 360 years of history, our offices around the world have distinct identities under the One MUFG umbrella.
Training & Support
Our Summer Analyst Program is an immersive learning and development experience. Assigned leaders and mentors help further the knowledge and skills of our Summer Analysts through training opportunities and day-to-day interactions.
Culture of Inclusion & Diversity
Summer Analysts are immersed in our inclusive, people focused culture, and are invited to participate in our award-winning Enterprise Resource Groups (ERGs) that are aligned with diversity sectors.
High level of engagement with mentors and senior leadership
We believe in investing in the development of the next generation of leaders. Along with impactful mentoring, our Summer Analysts take part in our Executive Speakers Series, providing them with the opportunity to ask questions, share perspectives and learn from MUFG leadership.
Meaningful impact that could lead to a full-time opportunity
From Day 1, Summer Analysts have an opportunity to contribute in a real way and advance MUFG's business objectives while laying the foundation for a future career.
We're proud to offer opportunities for students and recent graduates in the following areas.
In the Americas, our Corporate, Investment Banking & Markets businesses provide a comprehensive suite of products and services to U.S.–based multinational corporations, non-Japan Asia-based corporations and financial institutions doing business in the U.S.
Participants gain hands-on experience in accounting, tax, and financial reporting in the banking industry.
Participants contribute to MUFG business objectives while gaining professional experience in specialized areas within Human Resources, including Talent Acquisition, Talent Development, and Compensation.
Participants gain first-hand experience in risk management practices, internal controls, and governance processes.
Summer Analysts gain exposure and participate in process engineering, software development, information security, technology operations, operational risk management and project management.
The Regional Bank includes approximately 4,800 colleagues serving nearly 1 million individual and business customers on the West Coast and encompasses the company’s major business lines and shared services support functions.
Summer Analysts gain exposure to the many aspects of Risk Management, including identifying, assessing, managing, reporting, and mitigating risks.