MUFG Union Bank FMA Risk and Control, Director in Tempe, Arizona

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world (as ranked by S&P Global, April 2018) with total assets of over $2.9 trillion (106.2 (JPY) as of March 30, 2018) and 150,000 colleagues in more than 50 countries. In the U.S., we’re 13,000 strong, working together to positively impact every customer, organization, and community we serve. We achieve this by delivering on our values, putting people first, fostering long-term relationships built on honesty and mutual understanding, and inspiring the best in each other. This is all part of our inclusive, high-performing culture supported by Total Rewards that include our cash balance pension plan. Join a team that’s working to fulfill its vision to be the world’s most trusted financial group.

Job Summary:

Business Unit Risk Managers are the first line of defense responsible for supporting and coordinating all disciplines of operational risk and controls across their divisions. These risks include but are not limited to: information security, human resources, fraud, vendor management, business continuity, compliance, product risk and model validation. This role supports the operational risk requirements of the Finance function.

Business Unit Risk Manager supports the Business Unit Risk Control Officer in the identification of significant and emerging risks, and assessing their importance to the Finance function. They are the liaison between the business units and Operational Risk Management and Compliance. They perform risk and control evaluations and manage remediation activities for control deficiencies. They provide risk reports across their divisions summarizing risk trends and emerging risks.

Major Responsibilities:

  • Build and maintain Risk and Control Self-Assessment (RCSA) evaluations for all significant processes, including inherent and residual risk rankings.

  • Responsible for ensuring controls identified within the RCSAs are tested as required by the operational risk program. Ensure control failures are remediated in a timely manner and are properly reflected in the RCSAs.

  • Responsible for certification that the internal controls are designed properly and operating effectively.

  • Ensure that the appropriate level of risks and controls are documented in OpenPages, the system of record.

  • Responsible for identifying risk trends and/or symptoms of process control breakdowns.

  • Responsible for accurate and timely reporting of significant and emerging risks from the Finance unit view.

  • Participate on ad-hoc working groups to address and resolve new areas of risk within their area of responsibility.

  • Responsible for ensuring that the resources dedicated to risk management within their area of responsibility are qualified and sufficient to efficiently and effectively carry out the required functions.

  • Responsible for monitoring to ensure that risk management activities are properly performed and completed for the units within their area of responsibility.

  • Responsible for keeping the Business Unit Risk Control Officer apprised of changes in inherent risk or control breakdowns/deficiencies that could impact residual risk.

  • Responsible for building strong relationships with 2ndand 3rdline of defense and addressing questions and requests in a timely manner.

  • Typically requires a BA or BS degree, 10 years of experience in operations management within a financial institution.

  • Excellent skills in risk assessment analysis and a solid understanding of business and financial markets.

  • Strong knowledge of the inherent risk within a Finance function.

  • Strong management skills, excellent communication skills, both oral and written, and an ability to interact with all levels of management.

  • Ability to analyze risk trends, identifying signs of changing risk levels.

  • Must have experience managing a team of professionals.

/ The above statements are intended to describe the general nature and level of the 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 / Affirmative Action 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 in employment decisions on the basis of any protected category. /

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/ A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it’s the bank’s policy to only inquire into a candidate’s criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses. /

Job: *Risk & Compliance

Title: FMA Risk and Control, Director

Location: ARIZONA-Tempe

Requisition ID: 10024530-WD

Other Locations: CALIFORNIA-San Francisco, CALIFORNIA-Los Angeles