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MUFG Union Bank Head of Regulatory Remediation -Technology & Operations, MD in Austin, Texas

Head of Regulatory Remediation -Technology & Operations, MD - 10045346-WD


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 2020).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.

Position Summary:

The Regulatory Operations and Affairs (RO&A) function within Operational Effectiveness Office (OEO) at MUFG in the Americas is charged with improving regulatory outcomes by demonstrating subject matter expertise in regulatory remediation. The group is charged with both the strategic and tactical management of regulatory agency relationships. Responsibilities include ensuring the continued administrative support for the regulatory activities and relationships, which includes exam and meeting management, review of deliverables, and serves as central point of contact for all regulatory inquiries or requests. RO&A will promote clear and consistent internal and external communications, identify emerging regulatory issues, and guiding the development and implementation of management’s strategy concerning regulatory matters. This will include being responsible for change management for major new regulatory initiatives or rules implementation. RO&A oversees critical regulatory processes including the examination lifecycle, remediation and clearance of examination findings and ad hoc regulatory requests.

This position Head of Regulatory Remediation -Technology & Operations (Managing Director) will report directly to The Head of Regulatory Operations & Affairs and will lead the development of MUFG’s strategy for regulatory remediation issues associated with the firm’s systems, processes, and operational resiliency. Objectives include providing leadership, regulatory expertise, and oversight of the examination lifecycle activities and communication with regulatory agencies. They will coordinate closely with Head of Regulatory Affairs Office, Managing Director.

This position (Managing Director) will report directly to The Head of Regulatory Operations & Affairs and will lead the development of MUFG’s strategy for regulatory remediation issues associated with the firm’s technology and operational risk profile.

Other Key Relationships: Chief Operations Effectiveness Officer Managing Director, Office of Regulatory Affairs, All Regulators.

Key Responsibilities:

  • Serves as a dedicated regulatory advisor providing strategic leadership, guidance, and oversight on regulatory interactions and supervision to senior leaders across various Lines of Business and functional areas.

  • Serves as Technology and Operational Risk Management subject matter expert to support required remediation of first and second lines of defense deficiencies noted in management self-identified, audit, or regulatory issues.

  • Monitors and provides key insights into regulatory communication, commitments, and workplans necessary to support effective remediation.

  • Provides subject matter expertise to advise RO& A exam management personnel to ensure they understand regulatory priorities and can preemptively advise lines of business and control leaders on practices that may not meet regulatory expectations.

  • Provides guidance on matters requiring escalation and reassesses regulatory remediation strategy to achieve desired regulatory outcomes

  • Provides guidance to MUFG leaders to support their specific regulatory remediation strategies and plans.

  • Supports Head of RO&A in building regulatory capability within unit and assists with recruiting, development, retention, coaching and support, performance management, and managerial activities, as specified


Ideal Experience:

  • Bachelor degree required .

  • A minimum of 15 or more years industry experience; 10 or more years relevant work experience to include serving as a regulator or interfacing with regulators.

  • 6 years of leadership experience in building, managing and/or developing high-performing teams required.

  • Experience collaborating with key resources and stakeholders, influencing decisions, and managing work to achieve strategic goals required.

  • Demonstrated experience working in a highly regulated environment.

  • Subject-matter-expertise on laws and regulations applicable to large financial institutions (e.g. OCC Heightened Standards, FFIEC Handbooks and Guidance and Federal Reserve Supervision letters and guidance).

  • Subject matter expertise in bank information technology standards and practices.

  • Executive level thought leadership on relevant industry regulations, risk governance, and compliance, with the ability to consult and provide insight and guidance.

  • Demonstrated ability to interface with the most senior leaders to provide effective guidance and regulatory expertise.

  • Subject-matter-expertise in the development and communication of complex materials both verbally and in writing considering the appropriate audience.

  • Articulate communicator at senior levels: Board of Directors, C-suite, Regulators.

  • Proven leader who can easily assimilate to our Culture Principles and embody our Core Values.

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.

A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it's the bank's policy to only inquire into a candidate's criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.

Job : Compliance

Primary Location : TEXAS-Austin

Other Locations : NORTH CAROLINA-Raleigh, ARIZONA-Phoenix

Job Posting : Jul 20, 2021, 12:29:15 PM

Shift: : Day

Schedule: : Full Time

Req ID: 10045346-WD