Operational Risk Management - Tampa, United States - MUFG Americas

Description

Operational Risk Management Business Coverage, Director

• Corporate & Investment Banking and Operations page is loaded Operational Risk Management Business Coverage, Director
• Corporate & Investment Banking and Operations Apply locations Tampa, FL time type Full time posted on Posted 2 Days Ago job requisition id WD Do you want your voice heard and your actions to count?Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world.

Across the globe, were 120,000 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 worlds most trusted financial group, its 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 selected colleague will work at an MUFG office or client sites four days per week and work remotely one day.

A member of our recruitment team will provide more details.


Overall Purpose of Job :
Reporting to the Head of Operational Risk Framework Execution and Business Coverage Teams, responsible for executing the second line of defense oversight and challenge program across all business activities managed in our Global Corporate and Investment Banking and Japanese Corporate Banking based business lines and our Enterprise Operations functions

Responsibilities:

Leads a team that manages and overseas the risk within the assigned business coverage areaExecute the Effective Challenge & Oversight Framework for assigned business coverage areas, including but not limited to: Support deep dive reviews with the FLoD on significant risk events and operational lossesIdentify with the FLoD applicable external losses and events for analysis and lessons learnedParticipate as SLoD SME in business aligned scenario workshopsParticipate in RCSA workshops and provide feedback in-line and post-execution to the FLoDAnalyze FLoD owned issues for common root causes, review issues per the Issue Management policies and standards and monitor resolution for assigned areasPartner with FLoD to develop appropriate key metrics and monitor FLoD operational risk reporting and metrics for negative trends or escalation itemsOMR SME reviewer for Product & Services risk assessmentsPerform sample-based framework compliance testing (e,g, QA, testing or monitoring)Provide advisory support for high-priority change initiativesFulfil SLoD ORM roles defined by Risk Governance Processes (e.g Risk ID, Strategic Planning review, LoB RAS review and challenge, etc.)Oversee the development and production of periodic operational risk scorecards and reports that provide executive management a consolidated view of the assigned business lines' adherence to the operational risk framework in effectively managing risk as the bank's first line of defense and the second line of defense ORMs view of the areas operational risk profile and trendLead or participate in structured Business Unit Review and 'business as usual' working meetings to foster a deep understanding of the business and changes that impact its operational risk profile.

This participation forms a component of the Director's role in monitoring the operational risk profile of the BusinessesEnsure the results of all work performed by the team is documented in accordance with pre-defined standards and is ready for third party review upon requestAs a Director and leader within the ORM SLoD team, contribute to the design of ORM Framework components.

Coordinate with internal Operational Risk stakeholders to ensure that program expectations are well understood and incorporated into the business line review and challenge program and are consulted when differences in view of program requirements arise with the business lineAs a key partner to the FLoD, support the roll out and execution of ORM programs and applicable changes, including coordination with the ORM program leads and management of the enterprise execution calendarSupport other initiatives periodically assigned by the Operational Risk leadership teamQualifications:
Bachelors degree in Business, Finance, Economics, Accounting, or related field. MBA a plus.

12+ years experience in operational risk management, internal audit, consulting, regulatory or related field applicable to the business coverage areas described aboveExperience in control testing techniques and documentationStrong knowledge of operational risk regulatory expectations and industry practicesDemonstrated ability to manage demanding workloads and prioritize deliverablesStrong written and verbal communication skillsInteractions / Interpersonal Skills:

Strong interpersonal skills to manage relationships with Business Unit Risk and Control Managers, Line of Business Executives and other Operational Risk stakeholdersStrong oral / written communication skillsAble to build relationships with people at all levels.

Able to influence and galvanize support of others.

Builds rapport and trust among stakeholdersAbility to promote cooperation and good working relationships among team members and peersExperienced working with regulators and auditors.

Business and Technical KnowledgeBroad view of the financial services industry.

Strong knowledge of corporate, investment banking and cash management products, processes, risks and controls (from front to back office).Expertise in control testing techniques and documentationStrong understanding of operational risk management programs and practices, including third party risk, fraud, business continuity, change and payments.

Exceptional organizational skills.

The typical base pay range for this role is between $150K to $195K depending on job-related knowledge, skills, experience, and location.

This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation.

Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays.

For more information on our Total Rewards package, please click the link below.
MUFG Benefits SummaryThe 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 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 individuals associates or relatives that is protected under applicable federal, state, or local law.#LI-HybridAbout US At MUFG, our colleagues are our greatest assets.

Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative.

They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them#J-18808-Ljbffr