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MUFG · 14 hours ago

Risk & Control Testing & Assessment AVP

Jersey City, NJ

Full-time

Hybrid

Mid, Senior Level

$93K/yr - $116K/yr

5+ years exp

Mitsubishi UFJ Financial Group (MUFG) is one of the world’s leading financial groups, striving to make a difference for every client and community. The AVP will lead efforts in identifying and assessing technology-related risks and controls, focusing on the operational effectiveness of controls as part of the RCSA program, while ensuring alignment with regulatory expectations.

Financial Services

Responsibilities

Portfolio Management: Coordinate and oversee control testing activities across the assigned portfolio. Plan, schedule, and monitor testing performed by designated analysts for all IT controls. Partner with stakeholders to refine control language and maintain test scripts that validate compliance with bank policies, procedures, and regulatory requirements. Participate in control walk-throughs and produce clear, well-structured documentation. Support tracking and reporting of testing progress

Quality Control (QC): Review work papers and evidence prepared by testers for completeness and accuracy. Ensure adherence to RCSA testing methodology and documentation standards. Confirm that all testing results and supporting evidence are accurately recorded in the GRC repository (OpenPages)

Issue Management: Identify and document control failures, initiate issue records, and collaborate with control owners on remediation plans

Stakeholder Communication: Act as the primary liaison for IT control owners, providing timely updates on testing progress, preliminary observations, and final results. Escalate issues or delays to management as appropriate to maintain transparency

Team Development: Provide guidance, training, and mentoring to testers on RCSA procedures and best practices to ensure consistency and quality

Status Reporting: Deliver regular updates to the VP and governance forums on testing progress, issues, and trends

Quality Assurance Oversight: Independently review and calibrate testing outcomes across all portfolios to ensure consistency and accuracy in pass/fail determinations

Governance & Methodology: Maintain and update testing methodology and SOPs in alignment with enterprise RCSA standards

Training & Calibration: Lead QA-related training initiatives for testers and AVPs, including workshops and refreshers on updated processes

Metrics & Reporting: Develop and report QA metrics, identify trends, and recommend improvements to leadership

Support RCSA Redesign Projects: Contribute expertise to projects such as RCSA redesign and CRI integration, translating diagnostic statements into test scripts

Qualification

Risk managementControl testingRCSA frameworksGRC toolsStakeholder managementAnalytical mindsetLeadershipCommunication skillsOrganizational skillsTime management

Required

At least 5+ years' experience in risk management, control testing, or related fields, within the financial services industry

Strong working knowledge of RCSA frameworks, regulatory standards (e.g., COSO, NIST CSF, ISO), GRC tools (e.g. OpenPages), and supporting integrated tools (e.g. Power BI, SharePoint)

Experience in working with multiple IT risk and control domains such as identity and access management, vulnerability management, SDLC, change /release/ incident management and technology operations within large enterprise environments

Hands-on experience performing or leading RCSA activities including ability to identify controls gaps, risk identification, control design, and control effectiveness testing

Demonstrated leadership, stakeholder management, and written and verbal communication skills including ability to articulate complex control issues clearly

Strong organizational and time management skills, ability to manage multiple priorities and mentor junior staff providing quality assurance, guidance, and knowledge sharing

Strong decision-making skills and confidence in exercising sound judgement when assessing control effectiveness. Meet deadlines for control testing and documentation and proactively escalate

Analytical mindset with high degree of attention to detail, meticulous documentation habits and commitment to continuous improvement

Maintain high standards of evidence and reporting to support audit and regulatory requirements

Leverage automation and analytics tools (e.g., OpenPages enhancements, RNG dashboards) to improve efficiency and visibility

Strengthen feedback loops between QA and execution teams to drive corrective actions and best practices