MUFG Union Bank Director Americas Credit Review - (Hybrid) in Tempe, Arizona
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. Across the globe, we’re 180,000 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. There are flexible work from home options available. A member of our recruitment team will discuss the options with you in more detail.
Americas Credit Review (ACR) is a key department within MUFG’s third line of defense (TLOD). Our mission is to provide executive management and the Board of Directors an independent view of asset quality and credit risk management practices across businesses and functions that originate or manage credit exposure. The team is comprised of risk management professionals with deep credit analysis, product knowledge, and transaction skills across wholesale and investment banking, capital markets, commercial, and consumer banking domains.
Manage a team of examiners in the comprehensive assessment of enterprise-wide risk management practices through the monitoring and examination of risk asset portfolios of varying complexity, including performance evaluation and coaching of examiners within the team.
Enforce the dynamic and risk focused approach of the Risk Evaluation & Monitoring Program by providing approval and oversight of risk profile and monitoring plans and insuring both their effectiveness and that the appropriate level of resources is used.
Keep key stakeholders including Bank management and Regulators apprised of the results of monitoring and examination activities.
Assist Americas Credit Review (ACR) management with administrative responsibilities such as scheduling, training and budget preparation.
Major Responsibilities :
Risk Evaluation & Monitoring (REM):
Supervise the REM process, developing appropriate methods to capture important information to be monitored in risk asset portfolios.
Review and approve all Risk Profile & Monitoring Plans, concentrating on the correct identification of key risks and the efficient and productive use of ACR resources to address those risks.
Provide quality control of all team output, including Risk Profile & Monitoring Plans, reports of examination and other team activities.
Complete monthly examination schedules with supporting examiner assignments.
Ensure the appropriate level of effort is planned for the complexity or level of risk resident in all areas being monitored and examined.
Participate in examination planning meetings and approve final examination plans and resources.
Keep abreast of emerging examination issues and ratings.
Attend exit meetings with line management.
Edit reports of examination.
Promote effective and open communication with all levels of internal and external bank line and staff personnel.
Provide technical guidance to units on credit policies and control procedures.
Keep management informed on degree of risk in various portfolios, particularly the more complex and/or specialized portfolios, through periodic reporting of high level business/unit summaries.
Clearly communicate sensitive issues at the highest level of bank management.
Provide performance evaluation and counseling to examination staff.
Consider and support career development and give constructive feedback and training for improved performance.
Manage resources within budget guidelines, promoting efficient and productive methods of work.
Promote teamwork within ACR, as well as with other bank units.
Maintain effective working relationships with lending unit management and credit administration.
Provide leadership, training and guidance to other examiners.
Education, Licensure, Year of Experience (and type of work experience):
A Bachelor’s degree, preferably in Accounting, Finance, Business Administration or related business discipline at an accredited college or university.
Professional auditing certifications, such as the CIA, CPA, or CFSA, are highly desirable.
Advanced degree preferred.
Skills and Experience:
Excellent working knowledge of industry credit processes, lending policies and current financial environments.
Demonstrated experience in credit-related fields, including a working knowledge of appropriate risk management techniques.
Previous extensive working experience in financial institutions, preferably 10+ years in credit and risk related function with 5 years of line experience or equivalent.
Preferably 5-7 years of industry specific experience/knowledge.
Strong understanding of credit processes and systematic controls.
Thorough understanding of examination techniques, including control procedures, examination principles and theory.
Excellent skills in credit/financial statement analysis and a solid understanding of business and financial markets and the effects of economic conditions on the Bank's risk assets.
Ability to analyze portfolio trends at a macro level, identifying signs of changing risk levels and/or symptoms of process control breakdowns.
Ability to initiate and implement continuous improvement of the Risk Evaluation & Monitoring process.
Strong leadership skills.
Effective communication skills, both oral and written.
Ability to interact effectively with unit managers, lending officers, unit support staff, credit administrators and all levels of management."
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 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.