Risk & Control Associate for Japanese Corporate Banking in New YorK
MUFG
- New York City, NY
- $88,000-111,000 per year
- Permanent
- Full-time
- Coordinate the successful implementation of Second Line of Defense (SLoD) & Home Office new/change policy/procedure into JCB’s business practices.
- Assists the Business Unit to ensure controls related to risk management are sound, effective, and meet business needs. Support the implementation of these controls.
- Manage internal/external audit engagements of the department.
- Prepare drafts and finalize risk operating manuals in alignment with (SLoD) policies and procedures.
- Performs risk analysis and assessment for assigned processes, follow-ups on unusual activity. and exception items as prescribed by second line defense / management team.
- Conducts complex loss analyses to provide information and recommendations to management, such as variance, trend, peer group, or performance analyses.
- Processes data, metrics and provide written analyses and interpretation of results.
- Assist in correlation of key risk indicator data to loss data and correlation of loss data to self-assessment data.
- Prepare complex risk reports for various audiences.
- Perform role of Secretary in the Risk Management Control Forum.
- Demonstrate professional skepticism and personal accountability.
- Delivery of high-quality work within designated time limits.
- Typically requires a 4-year degree and 3-5 years of related experience in risk management or internal audit organization within the financial services industry.
- Requires a broad understanding of Basel II and operational risk management concepts. Must have demonstrated experience in risk and control self-assessment, including process documentation, and data analysis skills.
- Strong understanding of risk management processes and internal controls; must be proficient in documenting process flows and risk and control self- assessments.
- Experience in developing, tracking, analyzing, and reporting on key risk indicators. Advanced/Expert in Excel, Visio, and Power Point; ACL proficiency a plus.
- Strong knowledge of commercial banking operations and technology.
- Experience with business inherent risk in the financial services industry, related markets, and related regulatory agencies.
- Strong understanding of audit practices and methodology.
- Strong written and verbal communication skills.
- Highly motivated, takes initiative, analytical, solution oriented.