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.
Reporting to the Head of GRC Practices within Americas Compliance Division, the position's primary objective is to develop, deploy, and manage regulatory compliance Governance, Risk and Compliance (GRC) mission, vision, and program elements in accordance with enterprise policy requirements and management expectations. Responsibilities include strategic planning and administration of the multi-year regulatory compliance GRC roadmap, including related practices and technologies that enable the Company to holistically understand, manage, and report compliance risks efficiently and effectively. Accordingly, this role includes the day-to-day management and stewardship of an overall strategy for the Regulatory Change Management, Regulatory Inventory Management, GRC Technology and other related activities.
Position will have direct reports and responsibility of regulatory inventory, regulatory change management, control mapping and GRC technology functions.
Work hand in hand with the Head of GRC Practices and responsible for overall governance and framework.
Utilizing available GRC technology solutions, assist the program on various aspects including (but not limited to) regulatory inventory, regulatory change management, regulatory risk and control mapping.
Act as regulatory compliance GRC evangelist, change advocate, and executor for meaningful, sustainable business transformation. Consult with business partners and other stakeholders to align GRC strategies across the company's risk and control environments.
Based on industry knowledge enhance existing processes and build the function for future.
Integrate and alignment of practices with other entities and compliance with international standards.
Define program, policies, procedures that can be implemented across the organization.
Provide training on the enhanced program.
Serve as subject matter expert provide specialized industry knowledge on enhancement and improvement of program.
Conduct effective presentations to various levels of the organization, including 3rd party reviewers and senior management.
Interface with Audit and bank regulators to explain and demonstrate the program created, and to satisfy GRC related information requests. Escalate and resolve risks and issues as required
Keep abreast of industry changes in GRC strategies, best practices, and technologies.
Represent management in various committees.
Lead implementation of process across the various entities. Effectively liaise with key business partners in all divisions and regions to drive key regulatory compliance decisions and outcomes.
Develop, deliver, and maintain standards, procedures, toolkits, and training, to support regulatory compliance GRC program effectiveness.
Create concepts, business requirements, workflows, business rules, risk analyses and assessments, implementation plans, tracking and feedback processes.
Identify opportunities to efficiently integrate GRC program components into daily operations
Represent Americas Compliance and lead on enterprise GRC initiatives, seeking out opportunities to integrate with other Risk groups, yielding better information, efficiency and decision-making capabilities.
Perform other tasks as assigned to support the function.
Regulatory Change Management
Lead regulatory change management program across organization including additional responsibilities for support and risk functions
Responsible for maintenance of RCM enterprise standards and its compliance by functions across the bank for OCC coverage
Define regulatory change reporting requirements, build, validate and roll out Open Pages reporting
Review existing regulatory change vendor capabilities for coverage across all regulators, entities and automation capabilities.
Manage vendor contracts, RFI's etc.
Lead and manage compliance modules of the Open Pages. Lead technology updates, define requirements, and lead implementation
Evaluate technology options, vendor etc. and assist with RFP and selection on vendors covering various aspects of the program
Manage, define and maintain program, process and procedures holistically
Oversee regulatory compliance GRC projects for process or system enhancements following enterprise project policies and procedures. Provide system requirements for enhancements to regulatory compliance GRC technologies
Identify technology improvement opportunities and provide system requirements for enhancements to regulatory compliance GRC technologies
Identify best practices, and advocate for continuous technology enhancements that support Americas Compliance GRC mission and vision
Regulatory Inventory and control mapping
Manage and maintain regulation inventory across Americas region.
Define methodology for identification and management of the methodology
Define structure and content for inventory management.
Manage risk ad control mapping and define structure and annual plan.
Coordinate within and outside compliance for effective management of control mapping
Integration of function with risk assessment, testing, monitoring and reporting functions
BS or BA degree with prior management experience required; advanced degrees legal or business related fields are viewed favorably. Master's degree preferred
10 years of compliance and/or risk management (Operational Risk, Compliance, or Audit) with large financial institutions or Big4 consulting firms is required.
Familiarity with compliance regulations impacting bank including areas in compliance, finance, HR etc.
Working knowledge of a broad spectrum of financial products and services, and banking operations.
Prior experience in regulatory change and regulatory inventory management is a plus.
Self driven with ability to multi-task and handle multiple priorities at one time.
Good system acumen, able to learn systems relatively fast, with experience in implementing GRC tools.
Demonstrated ability to manage workloads and prioritize deliverables, ability to be flexible
Strong PowerPoint and Excel skills, ability to use Open Pages and reporting tools
Strong regulatory risk and compliance management foundation; prefer direct experience working with, developing, implementing, and managing GRC technologies and strategies.
High level of attention to detail and documentation requirements.
Strong interpersonal skills and customer service mindset; the ability to work collaboratively with various business partners and stakeholders.
Able to communicate effectively both orally and in writing; good presentation, analytical, project management and consulting skills.
Good strategic acumen, with demonstrated large scale program/project management experience.
Demonstrated leadership capabilities, with solid interpersonal skills and the ability to work collaboratively across all organizational tiers. A strong customer service mindset is a must.
Ability to promote cooperation and good working relationships among team members.
Professional designations (CRCM, CAMS, CIA or other compliance or Audit certifications) a plus.
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.