Issues Management - Validation, VP

Join Mitsubishi UFJ Financial Group

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the worlds leading financial groups. Across the globe, were 150,000 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 worlds most trusted financial group, its 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. In this role you will focus on reviewing issues that are identified by management, second line of defense, and third line of defense. Responsibilities include verifying the adequacy of the issues submitted to the Issues Management Validation (IM Validation) team and engaging with business partners to resolve review comments and discrepancies. This role requires someone with a strong combination of analytical thinking, attention to detail, technical knowledge, effective communication and writing skills, problem-solving skills, critical thinking, the ability to gather and interpret data, and a deep understanding of business requirements to accurately assess and validate issues, ensuring the remediation is appropriate and adequate to address the issues.

Responsibilities

• Work with Business Unit Risk Managers' (BURMs') teams to identify potential issues and participate in issue development once they are recognized and agreed as issues
• Review management action plans (MAPs) development to ensure MAPs can address the control deficiencies and symptoms pointed out in the issue including building out a sustainable and repeatable process
• Validate issues to determine if issues identified by management, Second Line of Defense (SLoD), and Internal Audit / Third Line of Defense (TLoD) are remediated
• Work with BURMs' teams to ensure new issues and closure issue packages are completed properly prior to being presented at tollgates meetings
• Engage with key stakeholders, management, BURMs, SLoD, and TLoD to ensure risks are understood across all Lines of Defense (LoDs) and risk treatment is properly identified
• Review issue intake submissions for tollgates (review & challenge), prepare issue package (new, closures, risk acceptances), and ensure requirements are met, and that pending items are acted on, completed, and resolved
• Assess the scope of exams or findings provided by Second Line of Defense (SLoD), Third Line of Defense (TLoD), or regulatory authority, and identify required resources for remediation
• Participate in ongoing meetings to track remediation efforts and other review related activities
• Oversee review process, provide updates on the review to senior leadership, and escalate any potential challenges
• Review management responses, provide feedback in line with issues management procedures, and participate in close out meetings

Qualifications

The typical base pay range for this role is between $115K$160K depending on job-related knowledge, skills, experience, and location. 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.

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. 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. 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 individuals associates or relatives that is protected under applicable federal, state, or local law.

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