MUFG Canada | Manager, Non-financial Risk Management

Responsibilities

• We are seeking a risk and control professional to support ongoing risk management, control testing, assessment activities, and regulatory compliance efforts.
• This role is responsible for assessing risk profiles, executing control and self-assurance activities, coordinating testing initiatives, supporting remediation efforts, and partnering with stakeholders to ensure controls are designed and operating effectively in accordance with bank policies, procedures, and regulatory requirements.
• The ideal candidate will have experience in risk management, compliance, audit, or control functions within a highly regulated environment.
• The job description and related application pertains to an opportunity with either MUFG Bank, Ltd., Canada Branch (“MUFG Bank Canada”) or MUFG Securities (Canada), Ltd.
• The job description relates to the general nature, scope, quantity and quality of work contemplated for the position.
• Provide ongoing assessment of the risk profile through regular monitoring and status reporting of risk issues and initiatives.
• Execute front line controls, self-assurance, and risk assessment activities (ad hoc controls review, risk control self-assessment (RCSA), and independent risk and audit activities as directed.
• Coordinate control testing activities, including logistical scheduling and document retrieval to support control testing in accordance with internal requirements.
• Prepare written reports that summarize the objectives, scope, findings, and conclusions for each assigned review.
• Provide project management support in tracking and coordinating the execution of policy and one-off or periodic projects/assignments.
• Create synergies by identifying opportunities to repurpose control testing results to satisfy assessment requirements across the bank.
• Conduct iterative review and challenge of assessment results, working with appropriate stakeholders across the lines of defense.
• Coordinate the timely completion and submission of Risk Policies and Risk Appetite Statements.
• Contribute to and support the implementation of remediation plans as directed.
• Contribute to risk analysis and risk mitigation recommendations.
• Draft commentaries for governance forums such as committees to provide an overview of analysis of delegated non-financial risk activities and risk assessment results.
• Partner with stakeholders, including process owners and control officers, to document controls, enhance control language, and develop/maintain test scripts that validate controls are being performed in compliance with bank policies, procedures, and regulatory requirements to mitigate risk to the firm.
• Leverages available technology to drive efficiency and results.

Requirements

• Solid experience in a risk and control or audit function, and compliance required, preferably in a financial institution or other highly regulated environment.
• Demonstrable experience with and knowledge of regulations applicable to the banking and finance industry required.
• Experience with risk assessment/testing methodologies evaluating the adequacy and efficiency of internal controls, and identifying issues resulting from internal and or external compliance examinations.
• Experience with process documentation, risk, and control assessments (RCSA) and designing/executing test scripts.
• Experience with problem solving in a team environment by thinking outside of the box, providing innovative solutions, with and without technology.
• Understanding of financial institution businesses, processes, products, and risk.
• Understanding of processes necessary to produce accurate periodic reporting (e.g., data reconciliations, data governance, review, and approval, etc.).
• Experience using Microsoft collaboration tools such as SharePoint and Teams or working in a project management environment.
• Cyber Risk / audit experience preferred.
• Experience with process documentation, risk and control assessments, and designing/executing risk reporting, preferred.
• Risk management experience including evaluating the adequacy and efficiency of internal controls, and identifying issues.
• Experience with enforcement agencies; oversight activities (regulatory examinations, etc.).
• Knowledge of Canadian and international banking regulation such as OSFI E-21 (operational risk management and resilience), OSFI B-10 (Third-Party Risk Management), OSFI B-13 (Technology and Cyber Risk Management).
• Ability to identify signs of changing risk levels.
• Identifies multiple paths to success using analytical and critical thinking as well as decision-making skills.
• Excellent analytical, organizational, and conceptual skills.
• Strong work ethic, ability to make decisions and work under tight deadlines; achievement-oriented and takes initiative.
• Strong project management skills; includes an ability to independently drive work, and pragmatically solve problems.
• Other duties and responsibilities not specifically described may be assigned from time to time, consistent with knowledge, skills and abilities of the incumbent.
• Understanding of industry best practices and frameworks such as: Committee of Sponsoring Organizations of the Treadway Commission (COSO), COBIT, National Institute of Standards and Technology (NIST)-800-53, Cybersecurity Horizontal Reviews, and ITIL in complex environment.
• Degree in business or finance with coursework in areas of operations, risk and/or compliance, audit.

MUFG Canada

MUFG Canada is an employer hiring in India.

Its finance, accounts, audit and tax openings in India are mostly in Toronto.