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Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. 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.

The Internal QC Analyst Role is part of the ICU (Operations Internal Control Unit) within the Operations division. This role purpose is to equip into the Operations with a dedicated control function which will enable Operations to meet internal and external (including regulatory) obligations. This role will be dedicated to risk & control oversight and execute the central control assurance function by driving the control agenda, sponsoring control themes across pillars, delivering control risk reporting, owning control framework.

This role is to act as an independent control function ensuring first/ Second and Third line effective control oversight of the Operations Internal Control Unit; which is a vital role to ensure the completeness & accuracy of MUFG America’s operational data and processes. activities through pre-emptive monitoring and continuous risk assessment. Focus of this hire will be to have good knowledge and oversight to be able to provide Operational Control Oversight for key KRI’s and KPI’s for Operations Internal Control Unit – have a good understanding of the various controls include general ledger reconciliations, WIP Account reconciliations, Suspense Account reconciliations; reviewing, providing, correcting, and coding data; conducting root cause analysis and remediation; resolving rejected entries and suspended items; updating financial transaction records; reconciling settlements and adjustment entries; remediating fund-processing errors; certifying asset and liability general ledger accounts.

Processing areas coverage:

Individuals in the Account Reconciliation & Controls job function (Banking Operations Processing) focus on data input and output, general ledgers, and identification and remediation of discrepancies.Responsibilities include balancing account statements; reviewing, providing, correcting, and coding data; calculating and validating batch totals; conducting root cause analysis and remediation; resolving rejected entries and suspended items; updating financial transaction records, such as accounts receivable, disbursements, expense vouchers, payroll, receipts, and accounts payable; reconciling settlements and adjustment entries; remediating fund-processing errors; certifying asset and liability general ledger accounts; reconciling outstanding account balances; and supporting vendor quality control; conducting daily, monthly and quarterly certification of general ledger balances; monitoring and reporting on exceptions; and distributing exceptions to operations processing teams.Commercial and Syndicated Loan, Cash Management, Capital Markets, Trade and/or another Middle- or Back-Office operational functional area is a must.Partner closely with Business Partners and Units to meet deliverables.Provide consistent monitoring, escalation and diligent check and challenge from conception to closure of critical milestonesOffer on-the-ground support to the ICU to help execute, direct and coordinate day-to-day activities of running the portfolio of transformation programsManage and prioritize projects based on business needs and identify opportunities to improve efficiencies and drive continuous improvement

Essential: Minimum 3 years of hands-on experience using IntelliMatch as a reconciliation tool, and 3 years of audit experience.

KEY RESPONSIBILITIES

Establishment and maintenance of the control framework which are required to mitigate against operational failure within the product channel.  

Determination of all controlsMapping of all controls to key controlsDetermination of business risks and mapping of key controls required to mitigate those risksAssessment of control (design and operating) effectiveness and remediation of controls that are in-effectiveAppropriate calibration, measurement and reporting of control statusPeriodic (mostly daily) execution of controls

Supporting the product channel to demonstrate / evidence that it is “in control” through:

Preparing the RAF (Risk Assessment Framework) for the Product Channel and discussing / agreeing content with the department headAttesting to key controls on a periodic basisEstablishment, measurement, monitoring and reporting of key risk and performance indicators for the product channelMaintenance of the department’s RCSA (Risk Control Self-Assessment)Maintenance of the SII (Self- Identified Issues)Maintenance meetings within the unitManagement and resolution of queries relating to control gaps / failures within the unit

Control Assurance Testing

Execution of self-inspections (inspection and countermeasure)Execution of SOx testing (testing and countermeasure)Execution of the RSCA controls testing.

Management of Audit Profile

Review of open audit issues and MAP (Management Action Plans) from internal and external audit reportsProgress closure of open points by supporting product channel in completion of actionsReporting and escalation of outstanding issues

Procedure and Policy Management

Unit procedure update / reviewException handling request application

Execution of Internal control activities

EUC systemSupport product channel in their review (and closure) of dormant accounts,   staff movement and authorized signatories etc.

Internal control liaison

Facilitate (and sometimes chair) periodic and ad-hoc control discussions meetings with colleagues within the members to ensure control gaps are identified and closed out timeously and that there is appropriate communication and escalation within the product channel and into the central Control Assurance team.

WORK EXPERIENCE

Work Experience:

Good Knowledge of ReconciliationExperience in operational risk analysisDemonstrable stakeholder management skillsDemonstrable time management skills

SKILLS AND EXPERIENCE

Functional / Technical Competencies:

Essential

Good analytical skills from an operational perspectiveUnderstanding of the general Operational process flowOperations product knowledge useful but not essentialProficiency using Excel Power Query for cleansing and transforming data from diverse sources, laying the groundwork for accurate and insightful analytics.Intermediate MS Excel and Word skillsExcellent communication skills (written and oral)Drive adherence to program processes, procedures, methods, and standards for program delivery and serve as a thought leader across the programsEnsure all stakeholders are identified and included in scope definition activities, and communication of execution timeline and key milestones. This includes the ability to effectively work internal audit and compliance independent validation to confirm a common understanding of the artifacts and deliverables need to support related testing and validation activitiesFacilitate cross program engagement and issue resolutionMonitor and track execution of Operations Internal Control Unit controls and escalate program risks impacting project delivery to the Operations Internal Control Unit management team and appropriate stakeholders; ensure mitigation strategies are developed and executed when necessaryIdentify and drive resolution of issues, including those outside established projects of workCollaborate on reviews of each program’s defined scope, target state, and success criteria to ensure it fully addresses the letter and the spirit of the regulatory feedback, broader supervisory expectations and underlying issues and root causes, and is embedded in a broader strategic visionThis role focused on:  planning/scoping review; advisory support; IA engagement; review of change controls, RAG ratings /status reports; risks and issues; metrics; participating in Governance forums; supporting RCSA reviews and overall overseeing the QC and gap level of the regulatory hierarchy.

Education / Qualifications:

Degree/College educated or equivalent work experienceResults driven, with a strong sense of accountabilityA proactive, motivated approach.The ability to operate with urgency and prioritize work accordinglyStrong decision making skills, the ability to demonstrate sound judgementA structured and logical approach to workStrong problem solving skillsA creative and innovative approach to workExcellent interpersonal skillsThe ability to manage large workloads and tight deadlinesExcellent attention to detail and accuracyA calm approach, with the ability to perform well in a pressurized environmentExcellent Microsoft Office skills

The typical base pay range for this role is between $69K to 88K 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.