Vice President - Risk and Controls - Global Corporate and Investment Banking Greater New York City, NY Area + 1 more

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 150,000 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.

We are seeking a Vice President to join our Global Corporate & Investment Banking (GCIB) Business Unit Risk & Control team. This role is a critical component of the First Line of Defense and is responsible for leading the end-to-end execution of the RCSA program for assigned business areas. This includes the effective identification, assessment, monitoring, and mitigation of operational and non-financial risks across a diverse portfolio of corporate and investment banking products and services.

The successful candidate will partner closely with business, product, operations, compliance, and risk management stakeholders to help strengthen the overall risk and control environment. This individual will contribute to the execution of the business unit's risk management framework, ensuring risks are proactively identified, appropriately assessed, and effectively controlled in alignment with regulatory expectations and organizational risk appetite.

Responsibilities

Responsible for the execution of the Risk & Control Self-Assessment (RCSA) program across GCIB, partnering with senior business leaders, first line teams, and enterprise risk stakeholders to identify, assess, and mitigate operational risks in accordance with the non-financial risk framework.

RCSA activities include; Process and risk taxonomy alignment, Inherent-risk assessment, Control identification and mapping, Control design and operating-effectiveness evaluation, Residual-risk determination, Issue and action-plan linkage, Trigger-based and periodic reassessments, Documentation and evidence standards, System-of-record maintenance

Serve as a trusted advisor to business and risk leadership on RCSA program standards, risk governance, control effectiveness, emerging risks, and regulatory expectations, providing credible review and challenge and recommendations where required.

Partner with business, product, process, and control owners to ensure clear ownership of identified risks, controls, issues, and remediation actions, while reinforcing that risk ownership

Leverage and apply knowledge of regulations by embedding its impact and applicability in the RCSA through execution of the compliance engagement model.

Develop and present clear, decision-oriented risk and control reporting for senior management and governance committees, including material exposures, control weaknesses, residual-risk concerns, emerging risks, overdue actions, and matters requiring escalation.

Establish continuous monitoring metrics, to provide meaningful insight into risk exposure, monitor key risk indicators, key control indicators, thresholds, and other risk metrics to identify changes in risk exposure, control performance, loss events, and issue-remediation status; escalate breaches and adverse trends in accordance with governance requirements.

Partner with and support GCIB teams with ad hoc requests for information and real-time risk management inquiries.

Act as a subject matter expert for GCIB when collaborating with cross-functional stakeholders, including Compliance, Legal, Operational Risk, Audit, Technology, and Operations teams, to strengthen the overall control environment.

Coach junior team members and contributing to team capability development

Identify opportunities to use approved automation, analytics, and artificial-intelligence tools to improve the efficiency, consistency, and quality of RCSA activities, in accordance with applicable information-security, data-privacy, records-management, and technology-risk requirements.

Qualifications

Bachelor's degree in Finance, Business, Economics, Risk Management, Accounting, or related discipline.

7+ years of experience in risk management, operational risk, controls, audit, corporate and investment banking, or a related financial services function.

Strong understanding of banking products, operational risk frameworks, and control management principles.

Strong experience with RCSA process documentation, risk and control assessments, and operational risk frameworks.

Excellent skills in risk assessment analysis, governance, and reporting; solid understanding of business and financial markets.

Excellent written and verbal communication skills, including the ability to present technical information effectively to diverse audiences.

Ability to analyze risk trends and identify indicators of changing risk levels.

Senior stakeholder management experience and ability to establish rapport, credibility, trust, and respect throughout the organization.

Demonstrated ability to manage multiple priorities in a fast-paced, highly regulated environment.

Strong attention to detail, organizational skills, and commitment to delivering high-quality work.

Ability to work effectively both independently and in collaborative environments.

Proficiency with risk and control platforms, data visualization, and analytical tools; experience with platforms such as OpenPages, Archer, Power BI, Tableau, or comparable systems is preferred.

The typical base pay range for this role is between $163K - $209K depending on job-related knowledge, skills, experience and location. This role will 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

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.