Risk & Control Issues Manager, Vice President
Risk & Control Issues Manager, Vice President
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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 worlds leading financial groups. Across the globe were 120000 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 worlds most trusted financial group its 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.The Vice President of Risk Management holds accountability for overseeing and executing the First Line of Defense Quality Control (FLoD QC) review for the Banks Risk and Control Self-Assessment (RCSA) program. This role entails a comprehensive review and evaluation of documented risks as well as the design and effectiveness of mitigating controls. The incumbent will operate within the Operations Risk Governance team and collaborate with internal stakeholders from the Second and Third Lines of Defense in addition to other business partners to ensure thorough RCSA reviews including credible challenge assessments and responses. Detailed reporting and tracking of results are also integral components of this position.
This role requires a thorough understanding of the Banks policies and practices focusing on executing and implementing comprehensive first line testing and risk management programs. The successful candidate should have strong analytical skills attention to detail and the ability to communicate complex ideas effectively.
Responsibilities
- Conduct first line of defense review to evaluate the design and operating effectiveness of identified key risks and controls ensuring comprehensive coverage and reliability.
- Support program enhancements by executing the RCSA framework and methodologies contributing to the continuous improvement of risk management processes.
- Assist in quality assessments of RCSAs providing constructive feedback and recommendations to enhance effectiveness and reliability.
- Review detailed RCSAs documentation and commentary including observations ensuring accuracy and completeness.
- Manage and coordinate all risk activities to ensure material/key risks are identified escalated managed tracked and remediated timely maintaining robust risk oversight and governance.
- Analyze aggregate and articulate results/recommendations related to QC activities to senior management enabling informed decision-making and strategic planning.
- Provide day-to-day management oversight and longer-term development planning of the Operations Risk Management team primarily focusing on the RCSA program fostering a culture of excellence and continuous improvement.
Qualifications
- In-depth knowledge of banking operations; experience with risk and controls/control gap identification related to Operations Consumer and/or Commercial Banking/Lending Bank Operations Support and Corporate Functions.
- Compliance expertise including AML/BSA Wires/Payment Operations Cross-Border Banking and Digital Banking is highly advantageous.
- Thorough knowledge of applicable regulatory and legal compliance obligations rules regulations industry standards practices and expectations for regional/large banks ensuring adherence to best practices.
- Extensive experience in risk and control identification designing planning review/implementation of RCSAs and managing a testing/audit of the RCSA program.
- Exceptional verbal and written communication skills with strong influential skills capable of engaging stakeholders at all levels and driving positive changes.
- Experience working in a dynamic environment to execute an evolving second line of defense risk management program including the identification communication reporting escalation and validation of RCSA test results and remediation efforts.
- Excellent written verbal organizational and presentation skills coupled with proficiency in MS Office Software Suite (Word Excel PPT Access and Visio).
The typical base pay range for this role is between $125K - $160K depending on job-related knowledge skills experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits retirement plans educational assistance and training programs income replacement for qualified employees with disabilities paid maternity and parental bonding leave and paid vacation sick days and holidays. For more information on our Total Rewards package please click the link below.
We will consider for employment all qualified applicants including those with criminal histories in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance (ii) the City of Los Angeles Fair Chance Initiative for Hiring Ordinance (iii) the Los Angeles County Fair Chance Ordinance and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment if any.The 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 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 individuals associates or relatives that is protected under applicable federal state or local law.Required Experience:
Chief
Employment Type
Full-Time
