Model Risk Management, Vice President

3 weeks ago


Tampa, United States MUFG Bank, Ltd. Full time
Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's 10 largest financial institutions according to S&P Global. Across the globe, we're 120,000 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.

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.

Job Summary:

We're seeking an Audit Relationship Manager who will provide audit coverage of model risk management activities of First and Second Lines of defense. The potential candidate should have good quantitative skills and sufficient expertise in relevant modeling concepts, their use and regulatory requirements (such as SR 11-7) for model risk management. You will assign and review the work of your team on the assigned audit, in conjunction with the Audit Director.
Internal Audit for the Americas acts as the third line of defense, independently assessing first and second line management's effectiveness in identifying, measuring, monitoring and controlling the risks of the Bank.
Responsibilities:
  • Assess the state of the governance, risk management, and control environment.
  • Report results in an effective and timely way, leading to appropriate remedial action and ongoing management of risk.
  • Maintain compliance with audit methodology, operating within applicable regulations and internal and external professional practice expectations.
  • Effectively relationships with senior staff to a mutually accountable, productive, respectful, and trusted level.
  • Act as a leader and role model for the team and the department.
Qualifications:
  • 10+years of related experience in model risk management (Big 4 - external/internal audit) or financial services industry, including Internal Audit experience with large complex financial institutions
  • Professional auditing certifications, such as the CIA, CPA, or CISA, are highly desirable
  • Ability to lead and execute the full life cycle of an audit, from planning to close
  • Critical thinking, analytical, and project management skills
  • Ability to perform risk assessments and analyze risk trends, identifying signs of changing levels and/or symptoms of process control breakdowns
  • Strong oral and written communication, including the ability to write clear, concise, non-technical, and persuasive risk evaluation reports
  • Availability to travel 25% of the time
  • Bachelor's degree


The typical base pay range for this role is between $133K - $164K 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

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 (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). 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.

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 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.

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