Tempe, AZ, United States of America
10 hours ago
Sr. Vendor Risk Analyst (Second Line of Defense), Vice President

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 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.

Job Summary:

Reporting to Operational Risk Management (ORM) SLoD Framework team Director, provide direction, guidance, and effective challenge to business units as they manage third party risk. Monitor business units' adherence with regulations, policies, procedures and best practices related to the third-party lifecycle. Advise senior management on emerging third-party management issues and trends and escalate issues and trends as appropriate.


Essential Functions

Develop, manage and maintain an effective third-party management program and ensure its application bank-wide. Provide functional support and management direction to business units around third party risk administration. Develop and deliver effective support and training on third party management tools and processes to business units (as required). Collaborate across LoD and with other departments to continue to redefine and enhance policies and procedures for managing third party risk. Lead design of ongoing third-party risk monitoring program. Collaborate and support the systems and tools to manage third party risk. Provide subject matter expertise to Contract Managers, Business Unit Risk Managers (BURMs) and Third-Party Managers (TPMs) to ensure risk program is in compliance with applicable regulations. Keep current on changes in federal and state banking laws and regulations impacting the area of responsibility and ensure that applicable changes in policies and procedures are updated and communicated in a timely manner. Stay current on third party risk management best practices as required. Prepare and present monthly, quarterly and annual reports as required, including the management of all meaningful metrics and trends relating to third party risk assessment. Direct organizational projects that affect third party management. Perform ongoing monitoring, trend analysis and engagement level review and challenge against program requirements and communicate issues/observations identified and request FLOD review and actions to remediate as necessary Ensure the results of all work performed are documented in accordance with the program requirements (Procedures, Execution Guidelines and related) prior to due date, well supported with underlying details and is ready for independent review upon request .

Interactions / Interpersonal Skills:

Strong oral / written communication skills. Comfortable presenting the results of review and challenge to the Business Lines management and provide independent challenges when different view existsGood interpersonal skills to build and manage relationships with Business Lines, the central Third-Party Risk FLoD team and various SLoD groupsStrong work commitment, ability to multi-task and works well in a fast-paced and dynamic environmentAttention to detail.

Business and Technical Knowledge

Broad view of the financial services industry; expertise in Third Party RiskStrong knowledge in ORM Programs including (but not limited to): RCSA, Loss data, Scenario Analysis, KRM/KRI and Issue ManagementExperience with control testing, audit background a plusExperience in risk reporting and preparing PowerPoint meeting materials Understanding of banking regulatory agency expectations/requirements related to Third Party RiskStrong ability to analyze data and trends and prepare meaningful reports


Experience/Abilities:

6+ yrs experience in third party risk in an operational risk management, internal audit, management consulting or related risk position.Proven capability to initiate, execute, drive change and create resultsBachelor’s degree in business, Finance, Economics, Accounting, or related field. A risk-based designation such as the CTPRA, CRISC, C3PRMP, or other certified risk professional designation is a plus.

The typical base pay range for this role is between $125K - $160K 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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