Mitsubishi UFJ Trust and Banking Corporation, New York Branch · 16 hours ago
Risk and Control Vice President
NYC Metro Area
Full-time
Onsite
Senior Level, Lead/Staff
$125K/yr - $160K/yr
8+ years expMitsubishi UFJ Trust and Banking Corporation, New York Branch is seeking a Risk and Control Vice President to implement frameworks for managing business operation-related risks. This role involves integrating risk management frameworks with business operations and ensuring stakeholders are informed about their control environment.
Financial Services
Responsibilities
Drive implementation and sustainment of operational control framework
Evaluate and benchmark process execution against outstanding standards
Manage the execution of business group controls self-assurance and risk assessment activities (ad hoc controls review, risk and control self-assessments (RCSA) and independent risk and audit activities as needed)
Drive control design for business groups controls and consult with business partners in support of their commitments to align with all applicable laws, regulations, and internal policies and procedures
Perform review and challenge of business groups controls
Drive risk culture; influence self-identification and disclosure of control self-assurance gaps
Ensure gaps are addressed via remediation plans that adhere to issues management mandates: timely issue and corrective action submission, accurate root cause identification, corrective action monitoring, on time closure, no failed validations, and no repeat issues
Monitor and evaluate emerging risk, internal operational trends, and external risk events for potential impact to control environment
Prepare risk analysis and risk mitigation recommendations
Support risk governance by ensuring our control environment performance is reported and has risk management plans in place
Support the preparation of risk and controls governance materials as needed
Manage key risk metric creation for inherent risks in accordance to the enterprise risk appetite, and investigate when metric breaches occur
Based on changes in the business work environment, job responsibilities can change, and additional functions and tasks may be added or removed accordingly. Additionally, this position will perform other duties as required, and participate in special projects as deemed necessary and appropriate by Management
Qualification
Required
Bachelors Degree in Finance or other related major
8–10 years of relevant experience in operational risk management (includes operations, operational risk management, compliance, and audit), or a combination thereof within banking, or other highly regulated environment
Knowledge in Payments areas including, but not limited to: Wires, ACH, Check, and Fraud
Experience with executing risk assessment/testing methodologies evaluating the adequacy and efficiency of internal controls; and identifying issues resulting from internal and/or external compliance examinations
Experience with risk metrics definition and reporting/scorecard development utilizing key risk metrics tools (IBM Open Pages, Tableau, Power BI etc.)
Experience in creation and review of work papers to document testing and/or issue closure, and experience in the management of regulatory matters
Experience with automating and/or the ability to conceptualize automated control solutions
Excellent communication, presentation, and influencing skills, and ability to manage stakeholders across multiple disciplines
Excellent analytical, organizational, and conceptual skills
Strong planning and organizing skills; ability to multitask and deal with varied workload
Ability to demonstrate an analytical approach to problem solving. Identify, analyze and apply/recommend practical solutions
Ability to manage multiple priorities concurrently, prioritize, and efficiently complete responsibilities while maintaining the highest quality
Ability to constructively work both independently and in collaborative environments involving all levels of management and employees
Strong work ethic, ability to make decisions, and work under tight deadlines; achievement-oriented and takes initiative
Deep understanding of financial institution processes, products, and risk
Curiosity and interest in applying AI in the risk management space
Proficiency in Microsoft Windows, Word, Visio, Advanced Excel and/or Access, knowledge in Power BI
Benefits
Comprehensive health and wellness benefits
401(k) retirement and savings plan
Educational assistance and training programs
Paid maternity and parental bonding leave
Paid vacation
Sick leave
Holidays
Company
Mitsubishi UFJ Trust and Banking Corporation, New York Branch
Mitsubishi UFJ Trust and Banking Corporation, New York Branch (MUTB-NY), is the sole US branch of Mitsubishi UFJ Trust and Banking Corporation (MUTB), the trust bank subsidiary of the Mitsubishi UFJ Financial Group (MUFG).
201-500 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase