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Form of workDo you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th 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.
This is a hybrid position. The selected colleague will work at an MUFG office or client sites up to four days per week and work remotely the remaining day(s). A member of our Talent Acquisition team will provide more details.
Job Summary:
This position will report to the Third-Party Executive and will be principally engaged in execution and leadership of the Third-Party Risk (TPRM) Management First Line of Defense. Third-Party Risk Management spans the Americas and this is a key role in the success of the program.
Major Responsibilities:
Qualifications:
The typical base pay range for this role is between $150K - $190K 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
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/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 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.
#LI-Hybrid
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th 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.
This is a hybrid position. The selected colleague will work at an MUFG office or client sites up to four days per week and work remotely the remaining day(s). A member of our Talent Acquisition team will provide more details.
Job Summary:
This position will report to the Third-Party Executive and will be principally engaged in execution and leadership of the Third-Party Risk (TPRM) Management First Line of Defense. Third-Party Risk Management spans the Americas and this is a key role in the success of the program.
Major Responsibilities:
- Ensures that all Third-Party Risk Management (TPRM) Policies & Procedures are adhered to in the execution of the program throughout the full TPRM Lifecycle.
- Design and develop standards and procedures, in support of the TPRM Policy, to guide execution of the TPRM Program.
- Compliance with applicable rules and guidance impacting the TPRM program including OCC, FBR, FDIC, SEC, FFIEC, FINRA; in addition to other U.S. regulators (e.g., NY Department of Financial Services), and foreign-based regulators (e.g., Japan's Financial Services Agency, Canada's Superintendent of Financial Institutions and those in Latin American).
- Support the preparation of regulatory deliverables on behalf of management with all relevant regulatory agencies.
- Key interface with second line of defense (SLOD), Subject Matter Experts (SMEs), Business Unit Risk Managers (BURMs) and BU Management.
- Lead and drive Strategic Planning efforts for First Line of Defense (FLOD) TPRM.
- Serve as escalation point for Trigger Events and other significant issues TPRM.
- Lead preparation for, and regularly present TPRM portfolio, risk posture and third-party performance to relevant Risk and Management Committees.
- Provides input into the TPRM Policy and System enhancements.
- Enhance TPRM metrics & reporting to provide insight into third party activity and performance for business unit executives and management committees.
- Provide oversight and management to outsourced TPRM activities - ensuring compliance with expected performance and contractual terms and SLAs.
- Manage staff development to include training, and leadership opportunities, for growth in position.
- Ensures that work of the team is of high quality when reviewed & challenged by Second Line of Defense (SLOD) and/or Internal Audit.
- Provide leadership and development for Third-Party Managers.
- Allocates Third Party & Engagement workload to optimize productivity & efficiency.
- Develops/maintains staffing models for Gearing Ratios necessary to support the TPRM Program.
Qualifications:
- Bachelor's degree.
- 10+ years Third Party Management experience.
- Broad view of the financial services industry; previous working experience within Capital Markets, Asset Management, Broker Dealer, Finance, Treasury and or risk management
- Strong knowledge of Operational Risk Management Programs and frameworks including (but not limited to): RCSA, Loss data, Products and Services, Scenario Analysis, KRM/KRI and Issue Management).
- Significant experience managing complex and dynamic Third-Party relationships.
- Knowledge of regulatory bodies governing financial services and in providing guidance for adherence and monitoring the financial services industry.
- Strong analytical mindset, able to manage risks both at the micro and macro levels.
- Ability to identify issues and work them to closure, including remediation and escalation where appropriate.
- Strong communication skills and ability to create effective level appropriate executive presentations.
- Discretion and diplomacy when dealing with sensitive issues.
- Organizational skills and ability to prioritize.
- Desire and talent for building and maintaining relationships.
- A commitment to protect the bank from all risk exposure.
- Extensive program management experience within process driven environments.
- Experience working across a diverse set of stakeholders with positive results.
- Preferred advanced experience with MS Office, Archer, Ariba, and Teams.
The typical base pay range for this role is between $150K - $190K 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
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/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 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.
#LI-Hybrid
