Assistant Vice President- Audit Manager-Risk & Legal

MUFG Americas; London; On-site; GBP 60,000 - 100,000; Full time

Job description

Assistant Vice President- Audit Manager-Risk & Legal

Pay Competitive

Location London/England

Employment type Full-Time

Job Description

Req#: 10060224-WD

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

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 6th largest financial group in the world. Across the globe, we’re 160,000 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.

As one of the largest financial groups globally, we want to attract, nurture and retain the most talented individuals in the market. The size and range of MUFG's global business creates opportunities for our employees to stretch themselves and reap the rewards. Behaving with integrity and responsibility, underpinned by a desire to build a culture which is fair, transparent, and honest, drives everything that we do.

NUMBER OF DIRECT REPORTS

0

MAIN PURPOSE OF THE ROLE

Audit Managers are responsible for the execution and delivery of audit engagements, working within audit teams on the scoping, planning and reporting of audit engagements, issue validation and continuous monitoring activities. On occasions, they might act as audit leads. Delivery and execution of all engagements must adhere to audit methodology and standards, meet established deadlines and include formal sign-offs of key documents and processes within the audit file.

KEY RESPONSIBILITIES

• Undertaking effective ongoing monitoring of certain elements of the EMEA portfolio, highlighting key risks and issues to business and EIA management.
• Contribute to the maintenance of the risk universe, risk assessments and audit plans where required.
• Develop knowledge in key areas of the Risk and Legal portfolio as agreed by the Head of Audit based on the team’s skills assessment matrix.
• Build and maintain a ‘trusted advisor’ relationship with key stakeholders and auditees within their audit engagements or areas of continuous monitoring.
• Execute and deliver aspects of audit engagements with minimal supervision and to the required methodology and Quality Assurance standards.
• Discussion and agreement of potential findings and management action plans with key business stakeholders.
• Proactive coordination of issue follow-up with stakeholders.
• Develop an appreciation of risk and control, acting as one of the drivers for a successful risk and control culture.
• Support Head of Audit, Audit Director and Senior Audit Managers (SAM) on strategy and approach papers for entities and risks within their Head of Audit’s portfolio.
• Undertake continuous monitoring assignments.
• Work collaboratively with all Internal Audit colleagues regionally and globally.
• Travel across EMEA may be required.

WORK EXPERIENCE

Essential:

• Experience of working within the Financial Services sector.
• Good understanding of Risk Management.
• An understanding of the regulatory environment in the EMEA region.
• Knowledge of how to use data analytics to drive continuous risk monitoring and perform audits.

Preferred:

• Experience of working in a similar audit function for a major corporate/investment bank or Big-4 firm.
• Experience in auditing corporate banking, structured finance, transaction banking and/or global markets with a good appreciation of the risks/risk environment associated with the 2nd Line of Defence covering those business areas.
• Experience of banking environments and applicable regulations across EMEA (i.e. Continental Europe) would be useful.

SKILLS AND EXPERIENCE

Essential:

• Knowledge of auditing methods and industry practices.
• An understanding of banking and financial services is required.
• Understanding of financial products, their risks and processes associated.
• Good knowledge of controls required to mitigate those risks.
• Good understanding of risk management and compliance matters.

Education / Qualifications:

• Higher education or equivalent industry experience.
• Professionally qualified (ACA, ACCA, CFA, etc.).
• Relevant industry qualifications e.g. CIA, ACT, CF, ICA are desirable but not essential.

PERSONAL REQUIREMENTS

• Excellent communication skills
• Results driven, with a strong sense of accountability
• A proactive, motivated approach.
• The ability to operate with urgency and prioritise work accordingly
• Strong decision-making skills, the ability to demonstrate sound judgement
• A structured and logical approach to work
• Strong problem-solving skills
• A creative and innovative approach to work
• Excellent interpersonal skills
• Excellent attention to detail and accuracy

PERFORMANCE AND DUTIES

The role holder will be assessed in accordance with their employing entity’s performance framework and process with relevant input obtained from the dual hatting entity as relevant. As duties and responsibilities change, the job description will be reviewed and amended in consultation with the role holder. The role holder will carry out other duties as are within the scope, spirit and purpose of the role as requested by their line manager or Department Head.

MANAGING CONFLICTS OF INTEREST

• The role holder will have responsibilities for both MUFG Bank and MUFG Securities EMEA plc.
• The role holder will be required to perform their duties and responsibilities on an entity neutral basis, without favour.
• The role holder is required to follow regulatory requirements applicable to ensure each business is appropriately supported and to maintain the legal entity integrity of each of MUFG Bank and MUS.
• The role holder will have responsibility for identifying and resolving where there may be a difference or conflict in needs between MUFG Bank and MUFG Securities EMEA plc, escalating to their manager where required.

We are open to considering flexible working requests in line with organisational requirements.

MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.

We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.