Internal Control Unit Quality Control Analyst

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 120,000 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.

The Internal QC Analyst Role is part of the ICU (Operations Internal Control Unit) within the Operations division. This role purpose is to equip into the Operations with a dedicated control function which will enable Operations to meet internal and external (including regulatory) obligations. This role will be dedicated to risk & control oversight and execute the central control assurance function by driving the control agenda, sponsoring control themes across pillars, delivering control risk reporting, owning control framework.

This role is to act as an independent control function ensuring first/ Second and Third line  effective control oversight of the Operations Internal Control Unit; which is a vital role to ensure the completeness & accuracy of MUFG America’s operational data and processes. activities through pre-emptive monitoring and continuous risk assessment. Focus of this hire will be to have good knowledge and oversight to be able to provide Operational Control Oversight for key KRI’s and KPI’s for Operations Internal Control Unit – have a good understanding of the various controls include general ledger reconciliations, WIP Account reconciliations, Suspense Account reconciliations; reviewing, providing, correcting, and coding data; conducting root cause analysis and remediation; resolving rejected entries and suspended items; updating financial transaction records; reconciling settlements and adjustment entries; remediating fund-processing errors; certifying asset and liability general ledger accounts.

Processing areas coverage:

• Individuals in the Account Reconciliation & Controls job function (Banking Operations Processing) focus on data input and output, general ledgers, and identification and remediation of discrepancies.

• Responsibilities include balancing account statements; reviewing, providing, correcting, and coding data; calculating and validating batch totals; conducting root cause analysis and remediation; resolving rejected entries and suspended items; updating financial transaction records, such as accounts receivable, disbursements, expense vouchers, payroll, receipts, and accounts payable; reconciling settlements and adjustment entries; remediating fund-processing errors; certifying asset and liability general ledger accounts; reconciling outstanding account balances; and supporting vendor quality control; conducting daily, monthly and quarterly certification of general ledger balances; monitoring and reporting on exceptions; and distributing exceptions to operations processing teams.

• Commercial and Syndicated Loan, Cash Management, Capital Markets, Trade and/or another Middle- or Back-Office operational functional area is a must.

• Operational Risk & Control.

• Partner closely with Business Partners and Units to meet deliverables.

• Manage and monitor the performance of multiple programs of work and collaborate with the ICU to ensure program scope is aligned with target state to reduce risk and close identified gaps

• Provide consistent monitoring, escalation and diligent check and challenge from conception to closure of critical milestones

• Offer on-the-ground support to the ICU to help execute, direct and coordinate day-to-day activities of running the portfolio of transformation programs

• Manage and prioritize projects based on business needs and identify opportunities to improve efficiencies and drive continuous improvement

KEY RESPONSIBILITIES

Establishment and maintenance of the control framework which are required to mitigate against operational failure within the product channel.  

• Determination of all controls

• Mapping of all controls to key controls

• Determinatio