Risk Management, Vice President

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 150000 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.

Job Summary:

• Provide ongoing assessment of the risk profile through regular monitoring and status reporting of risk issues and initiatives

• Execute front line controls self-assurance and risk assessment activities (ad hoc controls review business process management (BPM) risk control self-assessment (RCSA)) and independent risk and audit activities as directed

• Contribute to and support the implementation of remediation plans as directed

• Contribute to risk analysis and risk mitigation recommendations

• Partner with stakeholders including process owners and control officers to document controls enhance control language and develop/maintain test scripts that validate controls are being performed in compliance with bank policies procedures and regulatory requirements to mitigate risk to the firm

• Provide project management support in tracking and coordinating the execution of policy and standards control testing activities

• Create synergies by identifying opportunities to repurpose control testing results to satisfy assessment requirements across the bank

• Support internal audits and regulator exams and other control reviews; assist in resolving identified issues and monitor their resolution

• Consult on controls design and efficiency with operations partners in support of their commitments to align with all applicable laws regulations and internal policies and procedures

• Drive risk culture; influence self-identification and disclosure of control self-assurance gaps

• Ensure gaps are addressed via remediation plans that adhere to issues management mandates: timely issue and corrective action submission accurate root cause identification corrective action monitoring on time closure no failed validations and no repeat issue

• Monitor and evaluate emerging risk internal operational trends and external risk events for potential impact to control environment

• Prepare risk reporting risk analysis and risk mitigation recommendations including control environment performance and risk management plans in place for critical issues

• Support the preparation of meaningful risk and controls governance materials for executive management as needed

• Assist with definition of corrective action plans to remediate noncompliance with enterprise wide policies and standards; including remediation and monitoring to completion of corrective action plans on an ongoing basis

• Communicate material risk exposures and instances of noncompliance for review and validation

• Monitor risk limits and tolerances to identify threshold breaches and escalate any limit breaches for review and validation

• Quantify risk exposures using the risk analysis and risk acceptance criteria tools and methods and communicate exposure

Qualifications:

• Deep understanding of financial institution processes products and risk

• Experience with risk assessment/testing methodologies evaluating the adequacy and efficiency of internal controls and identifying issues resulting from internal and or external compliance examinations

• Experience with process documentation risk and control assessments and designing/executing test scripts

• Experience with problem solving in a team environment by thinking outside of the box providing innovative solutions with and without technology

• Strong understanding of financial institution businesses processes products and risk

• Strong understanding of processes necessary to produce accurate periodic reporting (e.g. data reconciliations data governance review and approval etc.)

• Experience with automating and/or the ability to conceptualize automated control solutions

• Experience using Microsoft collaboration and project management tools such as SharePoint Teams and Project

• Knowledge in first line of defense risk and control mitigation specifically: thorough understanding of risks and controls issue management reporting metrics and audits.

• Experience with critical data elements (CDE) and data lineage

• Experience with risk metrics definition and reporting/scorecard development utilizing key risk metrics tools (IBM Open Pages Tableau structured query language (SQL) Access etc.) preferred

• Experience with process documentation risk and control assessments and designing/executing risk reporting preferred

• Risk management experience including evaluating the adequacy and efficiency of internal controls and identifying issues

• Experience with enforcement agencies oversight activities (regulatory examinations etc.)

• Understanding of the regulatory environment and regulations related to risk Office of the Comptroller of the Currency (OCC) and Federal Reserve Board (FRB) expectations

• Strong understanding of data quality data quality monitoring and data maturity models

• Ability to identify signs of changing risk levels

• Experience with executing first line risk assessment/testing methodologies evaluating the adequacy and efficiency of internal controls; and identifying issues resulting from internal and/or external compliance examinations.

• Combined experience in external audit internal audit and operational risk and/or compliance with local/state/federal regulations.

• Demonstrates leadership

• Communicates effectively

• Identifies multiple paths to success using analytical and critical thinking as well as decision-making skills

• Operates strategically to support a culture of continuous improvement and systems thinking

• Makes sound business decisions in a complex work environment

• Collaborates with other business functions and divisions to advance business objectives

• flexible decisive and able to establish support from leadership

• Monitors industry trends and best practices and applies insights to advance the business

• Exhibits and fosters optimism resilience flexibility and openness to others ideas

• Inspires innovation and values learning as a lifelong professional objective

• Leads by example engaging inclusively and with intent

• Always acts with integrity

• Iterative problem-solving

• Serving as a trusted advisor

• Excellent organizational and conceptual skills

• Ability to work effectively in team environment and influence across all interpersonal levels where flexibility collaboration adaptability challenge and influence are important

• Strong planning and organizing skills; ability to multitask and deal with varied workload

• Ability to manage multiple priorities concurrently prioritize and efficiently complete responsibilities while maintaining the highest quality

• Ability to support work streams with sometimes limited oversight/information from inception to completion

• Experience with problem solving in a team environment by thinking outside of the box and providing innovative solutions with and without technology

• Ability to identify obstacles and work in conjunction with others to identify options/solutions

• Ability to constructively work both independently and in collaborative environments involving all levels of management and employees

• Ability to make decisions and work under tight deadlines; achievement-oriented and takes initiative

The typical base pay range for this role is between $124K - $162K 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.

MUFG Benefits Summary

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.