MUFG Union Bank Jobs

Mobile mufg Logo

Job Information

MUFG Union Bank Sr. Ops Risk Specialist, Vice President in Sacramento, California

Description

Are you passionate about creating an exceptional client experience?

Discover your opportunity with Union Bank, a division of the Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world. At Union Bank, we care about the details that matter most to our clients. We have our clients’ best interest in mind, drawing on more than 150 years of experience to understand their distinct needs and tailor our solutions. We’re part of 180,000 colleagues around the globe striving to be the world’s most trusted financial group. Trust starts with a culture of putting people first and empowering you to achieve your potential. Join Union Bank, where being inspired is expected and creating results is rewarded.

Job Summary:

The Sr. Ops Risk Specialist’s primary responsibility is to conduct remediation validation of audit, compliance and regulatory issues and testing on controls related to risks within business area Self Assessments. You will complete comprehensive documentation to support validation and testing performed, and clearly articulate any issues discovered to business line management. Support the Business Unit Risk Manager (BURM) and Division Risk Managers with all risk control testing activities related to the business divisions within the Regional Bank. Additionally, you will be responsible for supporting the Regional Bank testing team in assessing control design and monitoring of control effectiveness through the performance of validation and testing procedures. Does this sound like you?

Major Responsibilities:

Under the direction of the Group Risk Manager, you will conduct appropriate and thorough issue validation, control tests and analysis to confirm the effectiveness of controls within various business areas.

  • Following established standards, you will present clear and documented evidence of validation, testing and analysis performed, as well as an accurate assessment of the results.

  • You will provide clear, concise and accurate communication of any issues found to business management.

  • Perform risk research and analysis, and formulate recommendations to make processes more efficient as well as identify trends and/or symptoms of process control breakdowns

  • Assist with the development and refresh of product and service specific test plans and control mapping

  • Perform ongoing review and challenge of large scale/complex issue remediations, including regulatory issues.

  • Clearly document testing procedures to evaluate control design and effectiveness, and identify control gaps and communicate emerging risks

  • You must have the ability to thoroughly understand, analyze and validate data.

  • Support documentation of testing results in the system of record and partner with BURM testing staff and business divisions of any remediation activities, including documentation of action plans

  • You will ensure the success of remediation activities through effective process monitoring

  • Perform secondary reviews/QA of team member issue validations and control tests as needed to support the Group Risk Manager.

  • You will participate in ad hoc working groups to address and resolve new areas of risk within the business scope as requested by BURM

Documentation and Reporting:

  • You will document clearly and concisely review and challenge and validation results using required issue management validation templates

  • You will handle communication within business divisions (i.e., support process owners, product owners, Business Compliance Officer (BCO) and management as appropriate)

  • You will support BURM Issues Management staff in documenting, monitoring, and reporting on self-identified, audit, compliance and regulatory issues

  • Ad hoc or special project management participation responsibilities

  • Respond to questions from business partners and senior management

Qualifications

Education, Licensure, Year of Experience (and type of work experience):

  • Typically requires a BA or BS degree

  • 3 years of experience in financial services.

  • You should have at least 5-10 years’ experience in risk management or internal audit functions within a financial institution

  • Knowledge of operational risk management concepts and a background in risk and control self-assessment and data analysis skills and /or meaningful experience preferred

  • Experience in developing, tracking, and analyzing risk related assessments and functions

Knowledge, Skills, Abilities:

  • Proficiency in Microsoft Office required

  • Excellent interpersonal skills, both verbal and written

  • Experience with a broad range of reporting tools (e.g., Business Objects) and prior project management experience are a plus

  • Flexible and able to balance several priorities at once

  • Strong analytical skills and good judgment

  • Experience in financial institutions and finance organizations.

  • Experience in public accounting, audit, and/or professional services desired.

  • 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.

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: Risk

Primary Location: ARIZONA-Phoenix

Other Locations: CALIFORNIA-Sacramento

Schedule Full Time

Shift Day

Req ID: 10040506-WD

DirectEmployers