Operations Risk and Control, Assistant 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 150,000 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.

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.

Risk and control officer will be responsible for assisting with the duties of the BURM (Business Unit Risk Manager) for Operations. The associate will be responsible for key aspects related to issue management, risk assessments, control testing, risk metric reporting, documenting loss events, and assisting operations business lines with internal audits and/or RCSAs.

Responsibilities

• Completing Issue Closure Templates

• Issue Management - Assist with the support remediation of gaps 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.

• Assist and participate in the identification of issues and partner with stakeholders in opening issues (Audit/Compliance/Management Identified).

• Acquiring the necessary management approvals.

• Scheduling the DRM review meetings and submitting final template to BURCO Team for Review.

• Assist with Project Managing the Issue/Action Plans for the following Key Issues (e.g. Registration of EUCs for MUSA Operations, Record Retention).

• Maintaining Open Page Records (Progress Status Updates, Linking Issues To Risk and Controls, Losses, etc).

• Risk Assessments

• Assist with the execution of front-line risk assessment activities (ad hoc Risk/Controls review, all components of the Risk and Control Self-Assessments (RCSA), Fraud Assessments, Third Party Vendor Assessments, Scenario Analysis, Monthly Risk Reporting).

• Understanding of Risk Taxonomys, Inherent Risk Rationales, Proper Control Descriptions, Basel Risk Categories.

• Control Testing

• Support Control Testing Team gather necessary samples needed to test controls.

• Rewrite controls to meet control description requirement.

• Metrics & Reporting

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

• Prepare key risk management reporting such as (e.g. Risk Management Business Review (MBR), Risk Metric Reporting, Issue Management Reporting).

• Assist with creation/tacking/management of MUSA Operations SLA Metrics between Front Office and MUSA Operations.

• Assist with Monthly Trigger Event Reporting.

• Risk Event Losses

• Identify/Report/Track Risk Events and Report to Operational Risk Management (ORM) Team.

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

• Audit/Compliance

• Assist in Preparation/Maintenance/Tracking of Audit/Compliance Calendar.

• Mitigate Audit Issues and Draft Management Action Plans.

• Other

• Support management to generate various metrics reports for senior management and board level committees.

• Assist in sustaining the operational risk and control framework and ensuring MUSA Operations is aligned with Bank Policys.

Qualifications

• Communicates effectively.
• Identifies multiple paths to success through the development of analytical, critical thinking, and decision-making skills.
• Exercises sound judgement and strive for continuous improvement.
• Demonstrates optimism, resilience, flexibility, and openness to others ideas.
• Learn while doing.
• Actively listens and asks thoughtful questions.
• Leverages available technology to achieve efficiency and results.
• Engages inclusively and with intent.
• Always act with integrity.
• Iterative problem-solving.
• Serving as a trusted advisor.
• Excellent communication, presentation, and influencing skills and ability to manage stakeholders across multiple disciplines and strong written skills.
• Excellent analytical, organizational, and conceptual skills.
• 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.
• 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.
• Bachelors degree is required in technology, engineering, risk management, computer science, information systems, or equivalent field.
• Demonstrated experience with Risk and Control design and assessments.
• 2-5 years experience.

The typical base pay range for this role is between $101K - $132K 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