Risk & Control Associate for Japanese Corporate Banking in New YorK

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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.

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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 :

The Business Unit Risk & Control Associate position is within the Japanese Corporate Banking (JCB) Business Unit, reporting to the Business Unit Risk Control Officer.

The primary role is to provide analytical & technical support to the Risk & Control unit in conformance with the various enterprise-wide risk governance programs.

As a member of the first line of defense, the position warrants the ability to drive change to improve processes, procedures, and quality throughout the business unit by careful analysis of risks, identification of gaps and recommendation of solutions to mitigate risks.

Responsibilities :

• Coordinate the successful implementation of Second Line of Defense (SLoD) & Home Office new / change policy / procedure into JCB’s business practices.
• Assists the Business Unit to ensure controls related to risk management are sound, effective, and meet business needs.

Support the implementation of these controls.

• Manage internal / external audit engagements of the department.
• Prepare drafts and finalize risk operating manuals in alignment with (SLoD) policies and procedures.
• Performs risk analysis and assessment for assigned processes, follow-ups on unusual activity. and exception items as prescribed by second line defense / management team.
• Conducts complex loss analyses to provide information and recommendations to management, such as variance, trend, peer group, or performance analyses.
• Processes data, metrics and provide written analyses and interpretation of results.
• Assist in correlation of key risk indicator data to loss data and correlation of loss data to self-assessment data.
• Prepare complex risk reports for various audiences.
• Perform role of Secretary in the Risk Management Control Forum.
• Demonstrate professional skepticism and personal accountability.
• Delivery of high-quality work within designated time limits.

Qualifications

• Typically requires a 4-year degree and 3-5 years of related experience in risk management or internal audit organization within the financial services industry.
• Requires a broad understanding of Basel II and operational risk management concepts. Must have demonstrated experience in risk and control self-assessment, including process documentation, and data analysis skills.
• Strong understanding of risk management processes and internal controls; must be proficient in documenting process flows and risk and control self- assessments.
• Experience in developing, tracking, analyzing, and reporting on key risk indicators. Advanced / Expert in Excel, Visio, and Power Point;

ACL proficiency a plus.

• Strong knowledge of commercial banking operations and technology.
• Experience with business inherent risk in the financial services industry, related markets, and related regulatory agencies.
• Strong understanding of audit practices and methodology.
• Strong written and verbal communication skills.
• Highly motivated, takes initiative, analytical, solution oriented.

The typical base pay range for this role is between $88K - $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.

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.