Risk Management, Vice President at Mitsubishi UFJ Financial Group

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 initiativesExecute 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 directedContribute to and support the implementation of remediation plans as directedContribute to risk analysis and risk mitigation recommendationsPartner 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 firmProvide project management support in tracking and coordinating the execution of policy and standards control testing activitiesCreate synergies by identifying opportunities to repurpose control testing results to satisfy assessment requirements across the bankSupport internal audits and regulator exams and other control reviews; assist in resolving identified issues and monitor their resolutionConsult on controls design and efficiency with operations partners in support of their commitments to align with all applicable laws regulations and internal policies and proceduresDrive risk culture; influence self-identification and disclosure of control self-assurance gapsEnsure 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 issueMonitor and evaluate emerging risk internal operational trends and external risk events for potential impact to control environmentPrepare risk reporting risk analysis and risk mitigation recommendations including control environment performance and risk management plans in place for critical issuesSupport the preparation of meaningful risk and controls governance materials for executive management as neededAssist 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 basisCommunicate material risk exposures and instances of noncompliance for review and validationMonitor risk limits and tolerances to identify threshold breaches and escalate any limit breaches for review and validationQuantify risk exposures using the risk analysis and risk acceptance criteria tools and methods and communicate exposureQualifications: Deep understanding of financial institution processes products and riskExperience with risk assessment/testing methodologies evaluating the adequacy and efficiency of internal controls and identifying issues resulting from internal and or external compliance examinationsExperience with process documentation risk and control assessments and designing/executing test scriptsExperience with problem solving in a team environment by thinking outside of the box providing innovative solutions with and without technologyStrong understanding of financial institution businesses processes products and riskStrong 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 solutionsExperience using Microsoft collaboration and project management tools such as SharePoint Teams and ProjectKnowledge 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 lineageExperience with risk metrics definition and reporting/scorecard development utilizing key risk metrics tools (IBM Open Pages Tableau structured query language (SQL) Access etc.) preferredExperience with process documentation risk and control assessments and designing/executing risk reporting preferredRisk management experience including evaluating the adequacy and efficiency of internal controls and identifying issuesExperience 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) expectationsStrong understanding of data quality data quality monitoring and data maturity modelsAbility to identify signs of changing risk levelsExperience 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 leadershipCommunicates effectivelyIdentifies multiple paths to success using analytical and critical thinking as well as decision-making skillsOperates strategically to support a culture of continuous improvement and systems thinkingMakes sound business decisions in a complex work environmentCollaborates with other business functions and divisions to advance business objectivesflexible decisive and able to establish support from leadershipMonitors industry trends and best practices and applies insights to advance the businessExhibits and fosters optimism resilience flexibility and openness to others ideasInspires innovation and values learning as a lifelong professional objectiveLeads by example engaging inclusively and with intentAlways acts with integrityIterative problem-solvingServing as a trusted advisorExcellent organizational and conceptual skillsAbility to work effectively in team environment and influence across all interpersonal levels where flexibility collaboration adaptability challenge and influence are importantStrong planning and organizing skills; ability to multitask and deal with varied workloadAbility to manage multiple priorities concurrently prioritize and efficiently complete responsibilities while maintaining the highest qualityAbility to support work streams with sometimes limited oversight/information from inception to completionExperience with problem solving in a team environment by thinking outside of the box and providing innovative solutions with and without technologyAbility to identify obstacles and work in conjunction with others to identify options/solutionsAbility to constructively work both independently and in collaborative environments involving all levels of management and employeesAbility to make decisions and work under tight deadlines; achievement-oriented and takes initiativeThe 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 SummaryWe 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:Exec Key Skills Change Management,Financial Services,Growing Experience,Managed Care,Management Experience,Analysis Skills,Senior Leadership,Performance Management,Process Management,Leadership Experience,negotiation,Analytics Employment Type : Full-Time Experience: years Vacancy: 1 Monthly Salary Salary: 124 - 162