Internal Audit, Vice President - Market Risk & Capital Markets

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

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.

Job Summary:
The Senior Auditor I role within Internal Audit is responsible for leading independent, objective assurance and consulting activities designed to evaluate and assess the effectiveness of the Bank’s governance, risk management and control processes. This role includes, but is not limited to, independently owning the successful execution of the end-to-end audit process (e.g. planning, fieldwork testing, reporting, issues validation, etc.). The Senior Auditor I also establishes direction for staff on more complex audit activities and project deliverables across the organization.

Management or Supervision:
May supervise staff during an audit engagement at the VP Level and below.

Major Responsibilities:

• Act as a leader, developing and promoting a workplace culture that values diversity of thought, promotes integrity and creates an atmosphere that supports coaching and fosters accountability.
• Engage as a team player across peer group while also operating within industry best practices, applicable regulations, and internal and external professional practice expectations.
• Effectively manage executive relationships (internally and externally), clients and peers to mutually accountable, productive, respectful, and trusted level and exhibit a high standard of performance and professional conduct that will create a culture of integrity and inclusion; where all individual and departmental choices are rooted in good judgment and support MUFG's Principal of Ethics and Conduct.
• Identify and understand risks and controls in changing environments with the ability to execute the full life cycle of an audit, from planning to audit close.
• Perform risk assessments and analyze risk trends at a macro level, identifying signs of changing risk levels and/or symptoms of process control breakdowns.
• Assess the business’ governance, risk management and control environment and generate insightful, meaningful observations that effectively convey significance and impact on risk and/or risk management practices.
• Maintain compliance with audit methodology, while also operating within industry best practices, applicable standards and regulations, and internal and external professional practice expectations.
• Establish audit scope inclusive of key risks relevant to the areas under review, with test objectives and test programs designed to opine on the design and operating effectiveness of controls and ensure appropriate depth of testing.
• Assign and review the staff selected for audit engagements to ensure appropriate skillsets for execution.
• Review and challenge audit staff and audit judgment in scoping, risk and control identification, findings and observations, and documentation to ensure accuracy.
• Provide constructive input to Audit & Finance Committee and Management reporting.

Education and Licensure:

A Bachelor’s degree, preferably in Accounting, Finance, Business Administration or related business discipline at an accredited college or university.

• Professional auditing certifications, such as the CIA, CPA, or CFSA, are highly desirable.
• Advanced degree preferred.

Skills and Experience:

• 7+ years and/or equivalent of experience in internal audit and/or equivalent of experience with the financial services industry, related markets and regulated industries, specifically in the areas of Market Risk Management with demonstrated familiarity including Sales and Trading; and familiarity with Broker - Dealer and applicable regulations, such as DFA Swap Dealer, Volcker and FINRA, SEC and NASD rules.
• Experience working with financial industry regulators, including OCC, FRB, and FINRA.
• Deep knowledge of risk assessment, audit methodology, and audit execution.
• Demonstrated proficiency in technology as required for assigned areas (MS Office, audit data analytics, etc.).
• Strong project management skills; preferably within internal audit functions.
• Employs strong critical thinking skills to identify pragmatic recommendations within an evolving and increasingly complex regulatory and risk management environment.
• Strong verbal and written communication skills.

The typical base pay range for this role is between $134K - $168K depending on job-related knowledge, skills, experience, and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.

MUFG Benefits Summary

We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.

The above statements are intended to describe the general nature and level of 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 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 on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.