MUFG Union Bank Vice President, Regional Compliance Testing Lead in Singapore
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.
The candidate will be part of the Regional Assurance department within the Compliance Office for Asia and will report into the Head of Regional Monitoring, Testing and Issues Management. The candidate will lead a team of regional staff in Singapore, Hong Kong and India in completing Compliance Testing activities including, but not limited to, conducting risk assessments, planning and executing thematic reviews, and conducting issue analysis. Candidate must be a strong communicator and be able to demonstrate strong leadership in developing staff in the Assurance framework and methodology.
Deputize as Head of Compliance Testing for the APAC region
Undertake the role of Review Manager for Testing reviews and supervise team in completing the Testing reviews. This includes planning the review, designing and executing test procedures, and reporting issues to ACO Management and Business Unit’s stakeholders.
Review the work of the team, including documentation, sufficiency/quality of fieldwork etc, and ensure that they are well documented, and using appropriate business and technical language.
Evaluate internal controls design and effectiveness and where issues identified, conduct root cause analysis and propose remedial actions.
Report results in an effective and timely basis, leading to appropriate remedial action and on-going management of risk
Take ownership in conducting annual risk assessments for the region to identify areas where Testing reviews should be planned for
Build relationships with peers and stakeholders within the organization and effectively manage stakeholder relationships to a mutually accountable, productive, respectful and trusted level.
Act as a leader and role model, and continuously identify and pursue opportunities to improve self, the team and the process/function
Collaborate with relevant stakeholders across the region and globally as applicable on enhancement of Testing methodologies, and sharing best practices and information
Deploy use of data analytics and/or user-tools to achieve efficiencies in reviews
To lead, play a significant role and / or support compliance projects;
- Responsible for career development of team of 6 staff, including annual performance assessment and objective setting
Minimum 10 years of financial services experience in Assurance / Internal Audit / Regulatory Audits / Compliance Testing / Markets
Prior experience in leading regional teams
Fluency in Mandarin (communicate/read/write) to conduct reviews for Chinese markets
Minimum a Degree in any field will be preferrable
Experience in planning reviews, designing test procedures, internal control testing
Strong analytical skills to interpret data and draw conclusions
Proficiency in reporting writing and presentation skills to articulate issues, root causes, and recommend solutions
Proficient knowledge of Process, Risk and Controls concepts
Proven leadership skills, nurturing and developing team members
Professional compliance / accounting certifications preferred
Extensive industry knowledge, including regulatory environments in APAC
Demonstrated proficiency in technology in assigned work (e.g. Alteryx, data analytical tools, M365 etc)
Excellent interpersonal skills and dealing with executives at all levels
Knowledge in banking products, APAC banking regulations compliance subjects is highly desirable
Able to initiate and deliver change
Able to travel for assignments (estimated 30%)
We regret to inform that only shortlisted applicants will be notified.
MUFG Bank Ltd & MUFG Securities Asia Limited (collectively referred to as “MUFG”) is an equal opportunity employer. We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organsational fit, regardless of race, religion or gender.