MUFG India | VP - Internal Audit IT Issue Management

Roles and responsibilities

• The VP within Internal Audit is responsible for supporting independent, objective assurance and consulting activities designed to evaluate and assess the effectiveness of the Bank’s governance, risk management and control processes specifically around Audit identified technology issues.
• This role includes, but is not limited to, independently owning the successful execution of issues validation, reporting, risk evaluation and ongoing monitoring of issue status and health as well as overseeing a location-based issue portfolio.
• We are searching for experienced Auditors with banking/financial services experience to join the team responsible for validating Technology identified issues.
• The position is primarily responsible for issue validation based on a portfolio of issues stemming from Audits with Technology scope.
• You are responsible for internal stakeholder management and the supervision of and accountability for the quality of and judgment calls in audit work.
• The role will also provide ongoing feedback to the Audit Director throughout each issue validation cycle and escalate any related concerns related to execution of issue validation to the Audit Director.
• Act as an on-site team lead to junior team members on technology issue validation related topics as well as audit methodology requirements.
• Reporting to : Director
• Maintain personal and professional competency through appropriate participation in professional organizations and continuing education opportunities.

Requirements

• A bachelor’s degree, preferably in Computer Science, Accounting, Finance, Business Administration or related business discipline at an accredited college or university.
• Professional auditing certifications, such as the CIA, CPA, CISSP, are required.
• 7 to 10 years of internal or external audit or risk management experience required, with focus in IT Auditing or Technology First or Second Line Risk and control role.
• Experience relating to auditing information systems required (previous 5 years must be in this domain with supervisory role within the last 3 years).
• Exposure to the financial industry and related markets required.
• Familiarity with risk assessment, audit methodology, and execution.
• Familiarity with Industry Guidelines / Practices (FFIEC, NIST CSF, COBIT, COSO, etc.).
• Demonstrated proficiency in technology as required for assigned areas (MS Office, audit data analytics, etc.).
• Excellent written and verbal communication skills.
• Good time management, problem-solving, and analytical skills.
• Ability to work independently with limited required direction and guidance.
• Ability to work on simultaneous projects and teams.
• Ability to respond to internal requests for support and assistance in a prompt and professional manner.
• Ability to work in a confidential manner due to access to information of a sensitive nature.
• Employs strong critical thinking skills to identify pragmatic recommendations within an evolving and increasingly complex regulatory and risk management environment.

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