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Company

MUFG Bank, Ltd.See more

addressAddressTempe, AZ
type Form of workFull-Time
CategoryInformation Technology

Job description

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.

This is a hybrid position. The selected colleague will work at an MUFG office an average of two to three days per week with the remainder worked remotely.

Job Summary

In this role, you will focus on the creation and compilation of reports from other functions enterprise-wide. Responsibilities include ingesting, arranging, and/or illustrating data, testing for accuracy, and publishing reports to support internal compliance or audit requirements as well as external stakeholders like regulators, customers, consultants, and other third parties.

Major Responsibilities

Primary Responsibilities

Responsible for creation/production of the report with full understanding the report requirements
  • 70% - Preparation of assigned financial regulatory reports, including but not limited to, FR- Y9-C. Conduct investigations of errors and variance analysis independently. Recommend procedural changes to address problems and to ensure accuracy, completeness and timeliness of reporting.
  • 20% - Assist with the research and analysis of regulatory pronouncements, reporting requirements and other accounting documents. Supports continuous enhancement of our internal controls over regulatory reporting including robust analytical procedures and detective controls.
  • 10% Respond to internal/external inquiries regarding financial data reported or filed. Assist with the Finance Transformation Project and other Bank wide initiatives. Perform other projects or duties as assigned.
  • Ability to build/maintain relationships with various partners including data providers, change management, technology teams etc.
  • Recommend procedural enhancements and identify controls for continuous improvement of the reporting process.
  • Prepare work papers, documentation, procedures, manuals, workflows and training materials
  • Able to improve the production process
  • Ensure desktop procedures for the processes conducted within the RSS (Really Simple Syndication) Regulatory Reporting process are maintained current, accurate and, at the level of detail expected by the regulator.
  • Ensure strong internal control environment is maintained in accordance with department procedures and bank policies
  • Production Background as follows would be the expected Responsible for production of financial regulatory reports, such as FR Y9C, FR Y-9LP and FFIEC 031 ((Federal Financial Institutions Examination Council) reports including the requisite processes and controls. Utilizing Generally Accepted Accounting Principles (GAAP) to perform analytical procedures for reporting focused on evaluating trends to be in line with expectations and providing variance explanations for anomalies in fluctuations.
  • Providing analytical support as it relates to data collection and submissions and data management including data analysis, extraction, management and analysis from multiple sources utilizing analytic tools.
  • Researching and implementing new/revised regulatory reporting requirements and communicating the reporting and regulatory data requirements to business partners.
  • Supporting the execution on selected process enhancements and remediation of management-identified issues, including liaising with IT groups.


Secondary responsibilities
  • Research and analyze regulatory reporting requirements and other accounting documents and stay abreast of changes in collaboration with the Regulatory Reporting Policy team.
  • Collaborate as a regulatory reporting subject matter expert with Regulatory Reporting Policy and CTS ( Controllers and Tax Services) to assess the impact and review the implementation for regulatory reporting of regulatory/accounting changes, new products, mergers, acquisitions, and divestitures, or enhancement of existing processes.
  • Ensure significant changes and issues are documented clearly and escalated in accordance with bank policy and procedures
  • Maintain strong communication with the CTS report content team, Business Unit Controllers and other subject matter experts and data providers to ensure reporting requirements are clearly understood
  • Respond to internal / external inquiries regarding financial data reported or filed.
  • Participate in the Risk Control Self-Assessment for assigned regulatory filings to identify and rate risks and mitigating controls
  • Support reviews and examinations by internal and external parties, including regulatory examinations, internal audits, compliance testing, and testing by Controls Assurance and Advisory, Quality Assurance teams and others
  • Perform other projects or duties as assigned.


Qualifications
  • BA/BS degree or equivalent combination of education and experience
  • [Financial reporting positions commonly require a degree in Accounting or Finance]
  • Strong accounting and financial reporting experience (in banking/financial industry experience a major plus)
  • Accounting or finance degree is highly preferred
  • CPA or Chartered Accountant, or equivalent, is strongly preferred
  • 5-6 years' related experience, ideally within financial services or technology industries
  • 3+ years' experience preparing regulatory reports
  • Strong, current understanding of banking regulatory reporting rules and regulations
  • Proficient with MS Office Suite, including Word, Excel, Outlook, Access, and PowerPoint.
  • Able to create and run Structured Query Language (SQL) commands and understand and analyze the results (preferred)
  • Regulatory Production/Implementation experience
  • Demonstrate advanced experience with analytical tools used in regulatory reporting
  • Experience with AxiomSL a plus


The typical base pay range for this role is between $100K- $125K 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
Refer code: 3205245. MUFG Bank, Ltd. - The previous day - 2023-03-19 08:56

MUFG Bank, Ltd.

Tempe, AZ
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