Operational Risk Manager, Vice President

s
Company: MUFG
Location: Tempe, AZ 85281

Apply

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 (as ranked by S&P Global, April 2018). In the Americas, we’re 13,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, developing positive relationships built on integrity and respect. It’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. We’re a team that accepts responsibility for the future by asking the tough questions and owning the solutions. Join MUFG and be empowered to make your voice heard and your actions count.

Operational Risk Manager, Vice President


Job Summary

Reporting to a Division Risk Manager (DRM), Director in the Operations and Process Excellence (OPE) Risk Management team within OTA is responsible for executing a comprehensive first line of defense. Working with the Global Trust Operations team in OPE to support the operational risk program that is consistent and aligned with the policy and standards second line of defense establishes for the operational risk program


Responsibilities

  • Assist the DRM to build and maintain risk and control assessments for all significant processes and follow-up on control deficiency remediation.
  • Accurately and timely report significant and emerging risks from the business unit view
  • Document work as required in MUFG’s operational risk system of record Open Pages
  • Facilitate support on internal audits and regulator exams, and other control reviews and assist in resolving identified issues and monitor their resolution
  • Participate in ad-hoc working groups to address and resolve new areas of risk within their area of responsibility
  • Ensure 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
  • Monitor risk management activities to ensure that they are properly performed and completed for the units within their area of responsibility
  • Support internal control certifications
  • Identify and perform root cause analysis on risk trends and/or symptoms of process control breakdowns
  • Keep the DRM and BURM apprised of changes in inherent risk or control breakdowns/deficiencies that could impact residual risk
  • Assist business partners in reviewing risks evolving from various initiatives to ensure that operational risks are recognized, mitigated, reported and/or accepted
  • Review Bank-wide procedures and policies for the Division as well as Division desktop procedures
  • Matrix with other staff in the OPE Risk Management areas to use their domain expertise

Qualifications:

  • Typically requires a BA or BS degree
  • 5 to 7+ years combined experience in operations management within a financial institution or related field
  • Experience in risk management, audit, and/ or compliance role
  • Strong knowledge of risks in the operations business lines
  • Domain expertise in trust related operations is a preference
  • Excellent analytical skills especially in risk assessment analysis
  • Superb communication skills, both oral and written and an ability to communicate effectively with all levels of management
  • Ability to identify signs of changing risk levels
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.