Assess and test the effectiveness of established operational risk management controls. - Complete risk and control self-assessments (RCSAs) - Management remediation activities related to control deficiencies/issues. - Identify, document, and monitor risk events and losses. - Develop, monitor, and report key risk metrics. - Work closely with Internal Audit and Compliance functions to manage inquiries and requests. Qualifications: - As part of the Bank’s Global Markets Risk & Controls team, this p... more details
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Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we’re 120,000 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.
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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.
Position Summary:
The Risk and Controls Vice President supports the Business Unit Risk Management (BURM) team in the “first line of defense,” responsible for supporting and coordinating the application of the enterprise’s operational risk management framework within the North American Markets and Treasury business units. Primary focus is on identification, assessment, and monitoring of key business operational risks. The Risk & Controls VP will also assist in the remediation and management of operational risk issues and/or identified control weakness. This includes both business-specific risks and enterprise-wide risks.
The Risk and Controls Vice President will play an integral role in monitoring and evaluating the effectiveness of operational risk management across the Markets and Treasury business lines, including FX and FX options, interest rate derivatives, equities, credit, and securitized products.
Major Responsibilities:
· Assess and test the effectiveness of established operational risk management controls.
· Complete risk and control self-assessments (RCSAs)
· Management remediation activities related to control deficiencies/issues.
· Identify, document, and monitor risk events and losses.
· Develop, monitor, and report key risk metrics.
· Work closely with Internal Audit and Compliance functions to manage inquiries and requests.
Qualifications:
· As part of the Bank’s Global Markets Risk & Controls team, this position requires a working knowledge of and sensitivity to the current regulatory environment; understanding and adherence to bank operational risk frameworks; knowledge and application of operational risk management policies, procedures, programs, and techniques; and the ability to recognize and proactively address risk.
· Specific experience in the Markets and/or Treasury disciplines (i.e., FX Sales and Trading, Interest Rate Derivatives, equities, credit, securitized products) and Swap Dealer / Broker Dealer regulation are highly desirable, preferably within the associated areas of operations, risk management, regulatory environment, or internal audit.
· Minimum 6 years of relevant experience performing operational risk analysis as a risk analyst, auditor, regulator, or similar capacity in the financial services industry.
· Experience in Internal Audit highly valued.
· Excellent written and verbal communication skills, with experience in moderate-length business writing.
· Ability to work independently and make independent decisions.
· The ability to use analytical, evaluative, and/or critical thinking skills to assess risks and controls, and to identify/assess control gaps.
· Ability to interact effectively with mid and senior-level managers.
· Ability to prioritize assignments to meet critical deadlines.
· Proficiency with Microsoft Office Suite, Visio, SharePoint, PowerPoint.
The typical base pay range for this role is between $131K - $170K 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
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 individual’s associates or relatives that is protected under applicable federal, state, or local law.
