Associate / Assistant Vice President | Risk & Controls | Risk Management

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we’re 160,000 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. The selected colleague will work at an MUFG office or client sites up to four days per week and work remotely the remaining day(s). A member of our Talent Acquisition team will provide more details.

In this role you will focus on implementing frameworks designed to identify, evaluate, and manage technology-related risks and controls across the company or a particular business or function. Responsibilities include collaborating with Technology and Risk & Controls Office (RCO) colleagues to prepare or review content prior to submission and manage follow-up actions; tracking, escalating, and/or remediating risks and issues; and contributing to executive-level reporting. Conduct and lead risk and control self-assessment (RCSA), process, risk, and control compliance, issues management, and other risk policies, standards, and processes.

As a RCO member of Information Technology for the Americas (ITA), this role is a key member of a first line risk and controls team aligned to a specific ITA technology business. You will document and execute risk and control assessments across processes related to Technology functions. There is a comprehensive coverage and joint accountability model that promotes early identification and assessment of operational and technology risk, effective design and evaluation of controls, and sustainable solutions to mitigate operational and technology risk. You will work with other team members and partner with technology teams to drive effective risk and control management.

RESPONSIBILITIES

• As a Controls officer, support the execution and documentation of RCSA, Risks and Controls, and Issues & Findings across technology and First Line of Defense (FLoD) business units

• RCSAs are properly administered and maintained in the GRC tools (OpenPages, Archer)

• Provide advice and guidance to the 1st Line to ensure identification, assessment and consistent management of Operational (ORM) and IT system risks (including RCSA)

• Support the execution of front line controls self-assurance and risk assessment activities (ad hoc controls review, business process management (BPM), risk and control self-assessments (RCSA) and independent risk and audit activities as needed

• Partner with stakeholders, including process owners and control officers, to document controls, enhance control language, and validate controls are being performed in compliance with bank policies, procedures, and regulatory requirements to mitigate technology risk to the firm

• Execute testing of RCSA and controls based on internal and industry standards and guidelines for design and effectiveness

• Participate in technology walkthroughs for controls and prepare meaningful documentation (including risk assessment, process flows)

• Provide project management support in tracking and coordinating the execution of policy and standards RCSA execution activities

• Liaise with risk assessment team and other stakeholders to ensure execution activities are in alignment

• Create synergies by identifying opportunities to improve monitoring and governance on execution activities

• As an Issues Manager, develop and distribute status reporting and communication related to issues and findings

• Implement remediation plans that adhere to issues management mandates: timely issue and corrective action submission and monitoring, accurate root cause identification, on time closure, no failed validations

• Provide ongoing communication to internal stakeholders throughout the RCSA and issues management lifecycle to keep them apprised of progress and findings, escalating when appropriate

• Facilitate and provide oversight of the issue management lifecycle, challenging the quality of new issues and performing validation activities on issues ready for closure

• Prepare written reports that summarize the objectives, scope, f