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The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.
We are seeking a Vice President to join our Global Corporate & Investment Banking (GCIB) Business Unit Risk & Control team. This role is a critical component of the First Line of Defense and is responsible for leading the end-to-end execution of the RCSA program for assigned business areas. This includes the effective identification, assessment, monitoring, and mitigation of operational and non-financial risks across a diverse portfolio of corporate and investment banking products and services.
The successful candidate will partner closely with business, product, operations, compliance, and risk management stakeholders to help strengthen the overall risk and control environment. This individual will contribute to the execution of the business unit's risk management framework, ensuring risks are proactively identified, appropriately assessed, and effectively controlled in alignment with regulatory expectations and organizational risk appetite.
Responsibilities
Responsible for the execution of the Risk & Control Self-Assessment (RCSA) program across GCIB, partnering with senior business leaders, first line teams, and enterprise risk stakeholders to identify, assess, and mitigate operational risks in accordance with the non-financial risk framework.
RCSA activities include; Process and risk taxonomy alignment, Inherent-risk assessment, Control identification and mapping, Control design and operating-effectiveness evaluation, Residual-risk determination, Issue and action-plan linkage, Trigger-based and periodic reassessments, Documentation and evidence standards, System-of-record maintenance
Serve as a trusted advisor to business and risk leadership on RCSA program standards, risk governance, control effectiveness, emerging risks, and regulatory expectations, providing credible review and challenge and recommendations where required.
Partner with business, product, process, and control owners to ensure clear ownership of identified risks, controls, issues, and remediation actions, while reinforcing that risk ownership
Leverage and apply knowledge of regulations by embedding its impact and applicability in the RCSA through execution of the compliance engagement model.
Develop and present clear, decision-oriented risk and control reporting for senior management and governance committees, including material exposures, control weaknesses, residual-risk concerns, emerging risks, overdue actions, and matters requiring escalation.
Establish continuous monitoring metrics, to provide meaningful insight into risk exposure, monitor key risk indicators, key control indicators, thresholds, and other risk metrics to identify changes in risk exposure, control performance, loss events, and issue-remediation status; escalate breaches and adverse trends in accordance with governance requirements.
Partner with and support GCIB teams with ad hoc requests for information and real-time risk management inquiries.
Act as a subject matter expert for GCIB when collaborating with…