Regulatory Change And Inventory Management, Vice President

Mufg Tempe , AZ 85280

Posted 4 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.

Work hand in hand with the Leader of Regulatory Change and Data Management as part of the regulatory change management function within the 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. This role includes the day-to-day execution of regulatory change management overall strategy to effectively meet Americas Compliance and company-wide goals, objectives, and mandates.

  • Stay current on changes in federal and state compliance laws, regulations and guidance affecting financial institutions.

  • Facilitate the impact analysis process on relevant rulemaking through the company's research systems and GRC repositories.

  • Ensure that all stakeholders affected by a regulatory change are adequately informed.

  • Perform review and analysis of regulatory changes and identify its impact to various business, risk and support functions across the bank.

  • Provide tracking, communications, and MIS reporting on Regulatory Change implementation status to cross-divisional and Enterprise Risk partners and senior Risk and Compliance leadership.

  • Build quality assurance process

  • Expand program and procedures across various Americas entities

  • Integrate and alignment of program with other entities.

  • Define program, policies, procedures that can be implemented across the organization.

  • Ensure compliance with international standards.

  • Provide training on the enhanced program.

  • Serve as subject matter expert provide specialized industry knowledge on enhancement and improvement of program.

  • Integration of function with regulatory inventory, risk assessment, testing, monitoring and reporting functions.

  • Assist with implementation of change management program across organization.

  • Define methodologies and maintenance of policy, program, procedures etc.

  • 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.

  • 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) related experience within the financial industry.

  • Legal background in compliance a plus

  • Familiarity with compliance regulations impacting bank including areas in core compliance, finance, HR etc.

  • Ability to multi-task and handle multiple priorities at one time

  • Ensure quality delivery of product with in defined timelines.

  • Experience with understanding and interpreting regulations, laws, and statutes and assessing their impact to business process, governance and compliance.

  • Advanced Microsoft Office skills; advanced knowledge of Excel strongly preferred.

  • Prior experience with Open Pages preferred.

  • Strong working knowledge of compliance risk management within financial organization.

  • Work effectively with others at all levels across the organization.

  • Self-driven and ability to work independently

  • Prior experience in regulatory change management is required.

  • A good technical acumen is necessary.

  • Prior experience with financial institutions or Big4 consulting firms within compliance, Risk or audit is required.

  • Strong regulatory risk and compliance management foundation, with minimum of seven years of experience working within a regulated financial institution, consultancy, or regulatory agency; prefer direct experience working with, developing, implementing, and managing regulatory inventories and strategies.

  • Working knowledge of a broad spectrum of financial products and services, and banking operations.

  • 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.

  • Ability to communicate effectively, both orally and in writing; excellent presentation, advocacy, analytical, project management and consulting skills.

  • Demonstrated knowledge in banking laws and regulations administered by the Federal Reserve Bank, FDIC, OCC and federal and state regulators

  • Demonstrated ability to manage workloads and prioritize deliverables, ability to be flexible

  • Ability to take initiative and execute ideas

  • Ability to promote cooperation and good working relationships among team members.

  • Ability to conduct and participate in meeting with all levels of staffing

  • 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.


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VIEW JOBS 4/28/2019 12:00:00 AM 2019-07-27T00:00 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. 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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. 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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. GRC Technology * 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. Mufg Tempe AZ

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