Assistant Vice President, Core Compliance Quality Assurance Technical Lead

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OVERVIEW OF THE DEPARTMENT/SECTION

Core Compliance Quality Assurance:

This department acts as a quasi-independent function within Core Compliance (CC) with the responsibility of reviewing and challenging the current Core Compliance risk and control framework that operates internally within Core Compliance. Note this does not include testing of core compliance risk across 1LoD divisions, which is covered by the Core Compliance Testing Team (also under the same, wider Compliance team.) The main purpose of the team is to provide reasonable assurance that controls are designed and operating effectively in adherence to established standards or best practice thereby allowing risks to be managed as expected. The function will further act to bring synergies across existing frameworks within the bank (e.g. Operational Risk, Audit, etc.) through its engagement and collaboration with such areas. The team’s initial focus will be on its London operations with a view to expanding to the EMEA region in due course.

MAIN PURPOSE OF THE ROLE 

Reporting to the Head of Core Compliance Quality Assurance, the role holder will be responsible for helping to design and implement a quality assurance (QA) function within the Core Compliance area (i.e. covering all non-financial crime compliance risks). The role will include assisting in the design of the overall framework, providing guidance on best practice and executing QA reviews and other QA related projects under the direction of the Head of the Division.

KEY RESPONSIBILITIES

• Assist in developing a QA governance and reporting framework for Core Compliance consistent with regional Operational Risk and other relevant standards, and integrate with existing processes where appropriate e.g. self-identified issues
• The framework should inter alia ensure that internal risks and controls within Core Compliance are documented and understood and documented consistently by the individual teams
• Perform RCSA controls testing in accordance with the Operations Risk Framework methodology
• Plan and conduct reviews and other relevant monitoring and testing to assess the design and operation of controls operated within Core Compliance Functions, under the direction of the Division Head
• Work with Core Compliance teams to help them address control challenges and new initiatives, including giving guidance on design and execution
• Perform issue validation where required and proactively manage updates and reporting
• Assist in the production and presentation of management reports showing details of the control framework, progress of the QA work programme and highlighting issues arising
• Work collaboratively across functional teams within CC to ensure effective and efficient operations with clearly defined roles and responsibilities
• Assist in the identification of best practice in QA, including sharing know-how with GFCD, Risk, Internal Audit etc. and obtaining knowledge of industry best practice
• Assist in the production of MI and other reports where required
• Utilise the team’s data analytics system (to the extent possible) to enhance and automate testing
• Participate in wider, non-BAU projects and opportunities (where resourcing allows)
• The function is expected to initially focus predominantly on CC in London, but key know-how and relevant issues should be shared across the EMEA offices from the outset and a more detailed programme developed for those offices at a practicable date in due course.

WORK EXPERIENCE

Essential:

• Significant experience in a control function in the financial industry
• Assessing and/or designing internal controls
• Preparing reports and presenting to Management

SKILLS AND EXPERIENCE

Functional / Technical Competencies:

Essential:

• Proven excellence in assessing risks and controls and identifying gaps
• Collaborative with strong interpersonal communication skills
• Proactive with strong workload management skills
• Systemic thinking across enterprise
• Detail oriented and organized execution
• Strong presentation skills and written skills
• Demonstrated ability to manage multiple projects simultaneously

Education / Qualifications:

Essential:

• Graduate Qualified

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
• A structured and logical approach to work
• Excellent interpersonal skills
• The ability to manage large workloads and tight deadlines
• Excellent attention to detail and accuracy
• A calm approach, with the ability to perform well in a pressurized environment
• Good numerical skills
• Good Microsoft Office skills

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.