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Division Risk Manager, Vice President

Company: MUFG Union Bank
Location: Jersey City
Posted on: January 11, 2022

Job Description:

Do you want your voice heard and your actions to count? Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world. Across the globe, we're 180,000 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.This is a hybrid position. There are flexible work from home options available. A member of our recruitment team will discuss the options with you in more detail.Job Summary:As Division Risk Manager, you will report into the Risk and Controls Office for Americas Risk Management (ARM). This role is responsible for supporting the operational risk management program, including the risk and control self-assessment process; periodic analysis and reporting; and additionally the issues management processes.Major Responsibilities:

  • You will provide first line of defense coverage and support for ARM across all Risk types: Operational, including Third Party, Information Risk, Model and Business Continuity; Compliance; Credit; Market; Liquidity; Strategic and Reputation.
  • You will support these functions across MUFG's Combined United States Operations (CUSO) as deemed appropriate
  • You will be responsible for building and maintaining business process flows and risk and control evaluations for all ARM units covering significant and emerging risks, including residual risk ratings, control evaluations and key risk indicators;
  • You will manage the Annual Control Test Plan and execute control testing in support of Risk & Control Self Assessments across ARM in accordance with enterprise minimum requirements
  • You will support issue management processes (identification, tracking, and independent validation;
  • You will provide accurate and timely reporting as required;
  • You will participate in governance routines and ad-hoc working groups; -Requirements:
    • You have a BA or BS degree and 5+ years' experience in risk management within a financial institution; an advanced degree or equivalent work experience is a strong fit.
    • You need excellent skills in risk assessment analysis and a validated and deep understanding of business and financial markets.
    • You have an understanding of industry risk management practices and an ability to analyze risk trends, assess controls and identify signs of changing risk levels.
    • Strong interpersonal skills and matrix management skills required
    • Excellent verbal and written communications skills, and ability to interact with all levels of management.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/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. Some MUFG roles require that individuals be fully vaccinated against COVID-19, subject to exemptions for medical or religious reasons, as well as any other reason required by applicable law or order. Should you be selected for an interview, your recruiter will provide additional information.

Keywords: MUFG Union Bank, Jersey City , Division Risk Manager, Vice President, Executive , Jersey City, New Jersey

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