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Risk Management, Associate/AVP
- MUFG (Tempe, AZ)
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Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. 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.
With a vision to be the world’s most trusted financial group, it’s 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.
The Associate/Assistant Vice President of Risk Management holds accountability for governance activities within the First Line of Defense (FLoD) for the Bank’s Risk and Control Self-Assessment (RCSA) and Issue Management programs. This role will be responsible for reliable, accurate and timely reporting to communicate to business unit risk managers and senior management.
The incumbent will operate within the Business Unit Risk and Controls (BURCO) Risk Governance team and collaborate with internal stakeholders from the Second and Third Lines of Defense, in addition to other business partners, to ensure adherence to the requirements of the risk programs. Detailed reporting and tracking of results are also integral components of this position.
This role requires a thorough understanding of the Bank’s policies and practices, focusing on executing and implementing comprehensive first line risk management programs. The successful candidate should have strong analytical skills, attention to detail, and the ability to communicate complex ideas effectively.
Responsibilities
+ Provide ongoing assessment of the risk profile through regular monitoring and status reporting of risk issues and initiatives
+ Contribute to and support the implementation of remediation plans as directed
+ Contribute to risk analysis and risk mitigation recommendations
+ Liaise with risk assessment team and other stakeholders to ensure program alignment with broader risk assessment activities
+ Develop and distribute status reporting and communication related to risk activities
+ Provide project management support in tracking and coordinating the execution of policy and standards control activities
+ Monthly and quarterly reporting of operational risk metrics, extracting data from OpenPages and other manual files, conduct a detailed review/analysis to determine data trends and develop executive reports for business unit management and senior management.
+ Correspond with various data providers to complete a detailed review of the metrics to ensure accuracy and completeness. Correspond with various business groups to obtain qualitative updates for inclusion within the reports and to reconcile data reported.
+ Prepare reports for issues management and risk reporting at various frequencies for executive review
+ Correspond with various business groups to obtain qualitative updates for inclusion within the reports and to reconcile data reported.
+ Work collaboratively with risk and control team to execute against risk governance procedures
+ Coordinate required meetings, reviews, and scheduling needs
Qualifications
+ Understanding of financial institution businesses, processes, products, and risk
+ Understanding of processes necessary to produce accurate periodic reporting (e.g., data reconciliations, data governance, review, and approval, etc.)
+ Strong understanding of data quality, data quality monitoring, and data maturity models
+ Experience working in a dynamic environment to execute an evolving second line of defense risk management program, including the identification, communication, reporting, escalation, and validation of RCSA results and remediation efforts.
+ Exceptional verbal and written communication skills with strong influential skills, capable of engaging stakeholders at all levels and driving positive changes.
+ Excellent written, verbal, organizational, and presentation skills, coupled with proficiency in MS Office Software Suite (Word, Excel, PPT, Access, and Visio).
+ Experience using Microsoft collaboration and project management tools such as SharePoint, Teams, and Project
+ Experience with process documentation, risk and control assessments, and designing/executing risk reporting, preferred
+ Ability to identify signs of changing risk levels
+ Experience with problem solving in a team environment by thinking outside of the box, providing innovative solutions, with and without technology•
Salary The typical base pay range for this role is between $86K - $111K 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 (http://careers.mufgamericas.com/sites/default/files/document/2023-10/mb-live-well-work-well.pdf)
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 individual’s associates or relatives that is protected under applicable federal, state, or local law.
At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!
Our Culture Principles
+ Client Centric
+ People Focused
+ Listen Up. Speak Up.
+ Innovate & Simplify
+ Own & Execute
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