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MUFG Union Bank Assistant Vice President, Audit Manager - Risk, Operations and Legal in United States

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.

EMEA Internal Audit Office (EIA), as the Bank’s third Line of Defense, and in accordance with the Global Institute of Internal Auditors (IIA) International Standards (IIA Standards), provides independent assurance to the Board and Executive Management on the quality and effectiveness of governance, risk management and internal controls to monitor manage and mitigate key risks to achieving the Bank’s objectives.

NUMBER OF DIRECT REPORTS

Nil

MAIN PURPOSE OF THE ROLE

Audit Managers are responsible for the execution and delivery of audit engagements, working within audit teams on the scoping, planning and reporting of audit engagements, issue validation and

continuous monitoring activities. On occasions, they might act as audit leads. Delivery and execution of all engagements must adhere to audit methodology and standards, meet established deadlines and

include formal sign-offs of key documents and processes within the audit file.

KEY RESPONSIBILITIES

Specifically, key responsibilities of the Audit Manager – Risk, Operations and Legal will include:

  • Undertaking effective ongoing monitoring of certain elements of the EMEA portfolio, highlighting key risks and issues to business and EIA management.

  • Contribute to the maintenance of the risk universe, risk assessments and audit plans where required.

  • Develop knowledge in key areas of the Risk, Operations and Legal portfolio. These areas will be agreed by the Head of Audit based on the team’s skills assessment matrix.

  • Build and maintain a ‘trusted advisor’ relationship with key stakeholders and auditees within their audit engagements or areas of continuous monitoring.

  • Execute and deliver aspects of audit engagements with minimal supervision and to the required methodology and Quality Assurance standards.

  • Apply audit methodology to all work performed, seeking guidance as required.

  • Discussion and agreement of potential findings and management action plans with key business stakeholders.

  • Proactive coordination of issue follow-up with stakeholders.

  • Develop an appreciation of risk and control, acting as one the drivers for a successful risk and control culture.

  • Support Head of Audit, Audit Director and Senior Audit Managers (SAM) on strategy and approach papers for entities and risks within their Head of Audit’s portfolio.

  • Undertake continuous monitoring assignments.

  • Work collaboratively with all Internal Audit colleagues regionally and globally.

Travel across EMEA may be required (up to 25% of time)

WORK EXPERIENCE

Essential:

  • Experience of working in an Audit function within the Financial Services sector.

  • Good understanding of Credit Risk, Enterprise Risk, Operational Risk and/or Operations gained in a major corporate / investment banking firm.

  • An understanding of the regulatory environment in the EMEA region.

  • Experience in compliance and regulations driven audit work conducted across corporate, structured and transaction banking business areas.

  • Knowledge of how to use data analytics to drive continuous risk monitoring and perform audits.

Preferred:

  • Experience of working in a similar audit function for a major corporate/investment bank or Big-4 firm.

  • Experience in auditing corporate banking, structured finance, transaction banking and/or global markets with a good appreciation of the risks/risk environment associated with the 2nd Line of Defence covering those business areas.

  • Experience of banking environments and applicable regulations across EMEA (i.e. Continental Europe)would be useful.

SKILLS AND EXPERIENCE

Functional / Technical Competencies:

Essential:

  • Knowledge of auditing methods and industry practices.

  • An understanding of banking and financial services is required.

  • Understanding of financial products, their risks and processes associated.

  • Good knowledge of controls required to mitigate those risks.

  • Good understanding of risk management and compliance matters.

Education / Qualifications:

Essential:

  • Higher education or equivalent industry experience.

  • Professionally qualified (ACA, ACCA, CFA, etc.).

Preferred:

  • Relevant industry qualifications e.g. CIA, ACT, CF, ICA are desirable but not essential.

PERSONAL REQUIREMENTS

  • Excellent communication skills

  • Results driven, with a strong sense of accountability

  • A proactive, motivated approach.

  • The ability to operate with urgency and prioritise work accordingly

  • Strong decision-making skills, the ability to demonstrate sound judgement

  • A structured and logical approach to work

  • Strong problem-solving skills

  • A creative and innovative approach to work

  • Excellent interpersonal skills

  • The ability to manage large workloads and tight deadlines

  • Excellent attention to detail and accuracy

  • A calm approach, with the ability to perform well in a pressurised environment

  • Strong numerical skills

  • Excellent Microsoft Office skills

We are open to considering flexible working requests in line with organisational requirements.

MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.

We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.

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