Financial Crimes Audit, 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:

Individuals in the Compliance Audit Job Function focus on the effectiveness of risk management and controls regarding laws and regulations across anti-bribery and corruption (ABC); anti-money laundering (AML); benchmark rates; financial crimes (e.g. violations of sanctions and Office of Foreign Assets Control or OFAC regulations); fraud; Core-Compliance (privacy etc.); government and industry regulatory and policy-making agencies (e.g. Financial Industry Regulatory Authority or FINRA in the U.S. . European Securities and markets Authority in Europe or the Financial Conduct Authority in the UK); know your customer (KYC) laws rules and regulations; surveillance (transactions); Market Abuse Regulation (EU); and sustainability including Environmental Social & Governance or ESG

WORK EXPERIENCE:
10 years of Internal or external audit experience in financial crimes (i.e. Anti-Money Laundering Sanctions Anti-Bribery and Corruption)
Experience with the financial industry and related markets related regulatory bodies and/or Big 4 professional services firms
Prior experience implementing continuous auditing and/or risk monitoring processes preferred
Prior experience in data processing database programming and/or data analytics preferred
Demonstrated proficiency in technology as required for assigned areas (MS Office audit data analytics etc)
Experience in financial crimes compliance audit or equivalent (e.g. BSA/AML AB&C Sanctions)

Responsibilities include:

• Audit Delivery and Planning

• Responsible for the execution and delivery of audit engagements maintenance of the risk universe and risk assessments of the portfolio delivering risk-based audit engagements and demonstrating appropriate coverage of the key risks

• Dynamically project-manage the audit plan considering whether it remains relevant throughout the year proposing changes as appropriate and addressing any challenges that might impact audit delivery timelines and/or timely review of workpapers

• Maintain regular touchpoints with stakeholders to drive and support effective issue management and promptly escalate challenges

• Address findings and management action plans through the life of the audit along with business stakeholders

• Deliver and execute all engagements in adherence to audit methodology and standards meet established deadlines and include formal signoffs of key documents and processes within the audit file

• Produce reports that are written for executive audience which are impactful with clear key messages factual active voice written in line with effective business writing requirements and needing minimum edits

• Stakeholder Relationships

• Responsible for developing and maintaining constructive collaborative relationships with relevant senior stakeholders providing a commercial perspective and effective challenge and guidance as an independent respected voice; share feedback from industry network and other external sources; partner on initiatives and remediation activities

• Responsible for establishing regular meetings with senior stakeholders

• Responsible for partnering with stakeholders to demonstrate impact and influence through tangible outcomes and raised standards of controls and behaviors in the stakeholders Control Environment

• Audit Process

• Leading internal reviews to ensure compliance and ensure detection of deficiencies or violations of applicable laws and regulations

• Implementing controls for compliance with internal business policies and procedures and global regional and local laws and regulations

• Confirming that processes are in compliance with corporate objectives and government standards

• Developing the audit scope objectives and work plans including audit tests controls statistical methods and survey interview and computer-assisted audit techniques

• Communicating the audit plan outlining key process steps by narrative or flowchart and highlighting information inflows outflows and internal control components

• Executing an efficient and effective program of audit work including:

• Obtaining relevant documentation

• Conducting interviews with process owners to develop understanding of business processes clients business and compliance controls

• Identifying any internal control design gaps

• Recommending and initiating remediation and preparing detailed feedback for business unit management

• Producing and presenting an audit report observations recommendations and recording the end-to-end process

• Performing testing procedures to support managements assessment of internal controls over financial reporting in accordance with the COSO Framework and Sarbanes-Oxley Act including generation and evaluation of audit work papers

• Supervising team deliverables including timely and effective review of workpapers and prompt constructive feedback to the auditors

• Making recommendations to the Audit Committee or Board of Directors on issues raised during audit procedures and providing detailed feedback to business unit management

• Working within compliance with audit methodology operating within industry best practices applicable regulations and internal and external professional practice expectations

• Collaborating with the business to develop and implement audit and control policies procedures and best practices

• Encouraging business-level program documentation contributing to training materials and KPI/performance reporting to support business-level program documentation

• May coordinate with external auditors to prepare the attestation of management assessment on internal controls

EDUCATION
Degree or equivalent work experience equally preferable
Degree in Accounting Finance Business Administration or related business discipline is preferred
Advanced degree is desirable
CERTIFICATIONS
Data Analyst and/or Tableau Certifications are highly desirable
Professional auditing certifications such as the CIA CPA or CFSA are highly desirable
Certified Public Accountant (CPA) or Certified Internal Auditor (CIA)
Relevant certification in Financial Crimes (e.g. CAMS) preferred
Certified Regulatory Compliance Manager (CRCM)
Certified Anti-Money Laundering Specialist (CAMS)

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.