Audit Quality Assurance Global Financial Crimes, Vice President

Mufg New York , NY 10007

Posted 6 months ago

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world (as ranked by S&P Global, April 2018) with total assets of over $2.9 trillion (106.2 (JPY) as of March 30, 2018) and 150,000 colleagues in more than 50 countries. In the U.S., we're 13,000 strong, working together to positively impact every customer, organization, and community we serve. We achieve this by delivering on our values, putting people first, fostering long-term relationships built on honesty and mutual understanding, and inspiring the best in each other. This is all part of our inclusive, high-performing culture supported by Total Rewards that include our cash balance pension plan. Join a team that's working to fulfill its vision to be the world's most trusted financial group.

Job Summary:

The Vice President, Senior Audit Quality Assurance & Improvement Program (QAIP) position is a leadership role within the Internal Audit for the Americas (IAA) function, reporting to a Director and supervising associates and analysts. The position is responsible for assessing departmental conformance with the IAA standards and driving change to improve processes, procedures, and quality throughout the audit department globally. The primary coverage area of the role will be Global Financial Crimes, including AML, Sanctions, and Bribery and Corruption.

Responsibilities:

  • Develop the annual quality assurance plan for Global Financial Crimes, implementing a risk based approach to prioritize plan and scope

  • Lead and execute the quality assurance plan, performing reviews of planning processes, risk assessments, audit execution, and regulatory and audit issue validations

  • Develop QA testing programs designed to effectively assess the department's conformance with IAA's audit methodology and regulatory requirements, including challenging audit scope, execution, and conclusions

  • Draft quality assurance reports recommending and communicating improvement opportunities to the audit teams

  • Continuously improve audit practices and methodology based on knowledge of best practices, industry standards and regulations and present areas and opportunities for alignment

  • Maintain knowledge of and industry leading practices around audit quality assurance and improvement

  • Proactively monitor changes to BSA/AML regulatory requirements

  • Partner with the Training department to develop specific training topics based on the results of quality assurance observations

  • Demonstrate professional skepticism and personal accountability

  • Delivery of high quality work within designated timeframes and budgets

  • Minimum of eight years of relevant internal audit experience, including solid understanding of BSA/AML requirements (e.g., KYC, OFAC/Sanctions, Transaction Monitoring)

  • Strong knowledge of bank and branch operations, including retail banking

  • Experience with the financial services industry, related markets, and related regulatory agencies

  • Bachelors' Degree at an accredited college or university

  • Professional certifications, such as the CAMS, CPA, or CIA are highly desirable

  • Strong understanding of audit practices and methodology

  • Ability to influence stakeholders and challenge the status quo, including managing conflicts and issue resolution

  • Strong written and verbal communication skills

  • Strong project management skills and ability to coordinate/integrate efforts across multiple groups within audit globally

  • Highly motivated, takes initiative, problem solver, solution oriented

The above statements are intended to describe the general nature and level of the 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 / Affirmative Action 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 in employment decisions on the basis of any protected category.

A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it's the bank's policy to only inquire into a candidate's criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.


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Audit Quality Assurance Global Financial Crimes, Vice President

Mufg