MUFG India | AVP - Internal Audit - Risk & Legal

Roles and responsibilities

• The Risk & Legal Audit Manager role is responsible for executing and delivering all audit engagements assigned to them, supporting the scoping, planning, testing and reporting of audits, issue validation, and continuous monitoring activities, as well as any other tasks assigned to them by the Audit Director/Senior Audit Manager.
• Risk & Legal Audit Managers will have demonstrable subject matter expertise across the breadth of the Risk & Legal portfolio as well as a clear ambition to further technical professional development.
• Identify relevant key risk areas and controls and assist in developing scope and work programs, designing robust scope and testing strategies for audit assignments.
• Execute Agile Auditing and identify opportunities and execute Data Analytics within audit assignments.
• Responsible for the maintenance of the audit universe and risk assessments of assigned Auditable Entities.
• Build relationships with local and UK audit team members and stakeholders, including performance of continuous monitoring activities.
• Responsible for proactively supporting the Audit Director and Senior Audit Managers to operate a high performing team through quality of performance, motivation, and role modelling a positive workforce culture.
• Reporting to: Director for EMEA Risk & Legal Audit
• Take demonstrable ownership of assigned areas of responsibility during the audit engagements and maintain constructive relationships with stakeholders.
• Escalate issues identified through the course of audit work to Audit Director/Senior Audit Managers.
• Operate with an innovative and flexible mindset by continuously identifying ways to enhance consistency, efficiency, quality and/or value.
• Set high standards of performance and behaviour for self.

Requirements

• Experience of working in an audit or risk management function within the financial services sector in banking, investment banking or Big 4 firm.
• Strong desire to learn and drive for personal development, internal audit and risk management.
• Strong interpersonal and communication skills and ability to work collaboratively across the global footprint.

MUFG (Mitsubishi UFJ Financial Group)

Headquartered in Marunouchi, Tokyo, Mitsubishi UFJ Financial Group (MUFG) is the holding company of a Japanese banking and financial services group. It was established in 2001 and is listed in Tokyo, Nagoya and New York. Its main subsidiaries include MUFG Bank, Mitsubishi UFJ Trust and Banking and Mitsubishi UFJ Securities Holdings, along with Bank of Ayudhya (Krungsri) and Bank Danamon. MUFG opened its first Indian branch in Mumbai in 1953. MUFG Bank now has branches in Mumbai, New Delhi, Chennai, Bengaluru and Neemrana, plus a GIFT City branch opened in 2022, and since 2020 a wholly owned subsidiary, MUFG Global Service, has handled technology, operations, credit and KYC work from Bengaluru and Mumbai.

MUFG's finance-related roles in India cover internal audit (financial crime, finance and treasury reporting, risk, legal and IT), FP&A and finance process work, project, fund and leveraged finance, credit analysis, market, liquidity and counterparty credit risk modelling, KYC and compliance testing. They are based in Bengaluru, Chennai, Mumbai, New Delhi and GIFT City in Gandhinagar. Postings generally ask for a bachelor's degree in accounting, finance or business, and many name a Chartered Accountant, an MBA in Finance or a CFA as preferred; some audit roles also mention CIA or CAMS.

• Industry: Banking and financial services: corporate and investment banking, trust banking, securities and global markets
• Headquarters: Tokyo, Japan (Mitsubishi UFJ Financial Group, Inc.)
• In India: MUFG Bank, Ltd. branches in Mumbai, New Delhi, Chennai, Bengaluru, Neemrana and GIFT City (Gandhinagar); MUFG Global Service, a wholly owned subsidiary in Bengaluru and Mumbai