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Assistant Vice President, Corporate Functions - Risk, Legal , Finance, Treasury & Regulatory Reporting, Core Compliance & HR - 12 Month FTC

Lead risk-based internal audits to enhance control environment and compliance standards
London
Senior
17 hours agoBe an early applicant
MUFG

MUFG

A leading financial institution offering a range of banking, investment, and financial services across the Americas.

Audit Manager

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups. Across the globe, we're 150,000 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.

Main Purpose and Accountability of the Role

Specifically, you have accountability for EMEA Internal Audit (EIA).

Audit Managers are responsible for independently completing the execution and delivery of audit engagements, working within audit teams on the scoping, planning and reporting of audits, issue validation, and continuous monitoring activities. Audit Managers are expected to lead sub-sections of audit assignments as well as provide supervision and support to audit analysts. On occasions, they might also act as audit leads. Audit Managers will have strong project management skills, embed agile into their audit delivery, be structured in their approach to work role-modelling a culture of high performance and continuous improvement, and will be able to manage and prioritise work effectively driving a sense of urgency to complete tasks within short turnaround times. Delivery and execution of all engagements must adhere to audit methodology and standards, meet established deadlines, and include formal sign-offs of key documents and processes within the audit file.

Roles, Scope and Reporting Structure

Authority from, and Reporting to: Director, Finance, Treasury and Regulatory Reporting Internal Audit EMEA

Key Responsibilities

Specifically, you will be accountable and responsible for taking appropriate action with respect to MUFG Internal Audit, EMEA (EIA), including:

Audit Delivery and Planning

  • Responsible for the maintenance of the audit universe and risk assessments of assigned Auditable Entities.
  • Responsible for supporting the Audit Directors/Senior Audit Managers to dynamically manage the audit plan for the assigned portfolio considering whether it remains relevant throughout the year, proposing changes as appropriate. Execute work or lead assignments independently and effectively ensuring timely delivery and adherence to audit methodology and standards. Escalate any challenges that might impact the audit delivery timelines to Senior Audit Managers /Audit Directors in a timely manner.
  • Responsible for the execution and delivery of the assigned audits within the audit plan and issue management/validation on time and within EIA Key Performance Indicators (KPIs), with limited supervision and to the required methodology and Quality Assurance standards. In particular:
    • Embed Agile and deliver risk-based audit engagements and demonstrate appropriate coverage of the key risks
    • Where assigned, Project manage audit engagements with clear focus on timelines and strong supervision of the team deliverables, including timely and effective review of workpapers and prompt constructive feedback to the auditors.
    • Monitor own delivery of tasks effectively and deliver within the deadline set; and meet interim milestones and avoid overruns. Document effective workpapers in a timely manner and in line with audit methodology and standards.
    • Raise and agree potential findings and management action plans promptly during the audit in line with Agile principles with the Auditor In Charge/Audit Director and with key business stakeholders.
    • Coordinate issue follow-up with stakeholders and validate issues to the required quality standards and within relevant KPIs leveraging desktop validation where appropriate.
    • Maintain regular touchpoints with stakeholders to drive and support effective issue management and promptly escalate challenges.
    • Deliver audit workpapers and files to meet all QA standards with minimum review points from Auditor In Charge/Audit Director.
    • Ensure data quality is in line with data quality related deadlines and expectations.
  • Responsible for producing audit reports and individual issues that are written for executive audience - impactful, clear key messages, factual, active voice and written in line with effective business writing requirements and needing minimum edits by Audit Directors/ExCo/CAE.
  • Responsible for supporting the Audit Directors to provide clear, concise and accurate senior executive and governance committee papers on time – including Audit Committee, Risk Committee, Control Environment and MCA Opinions.

Stakeholder Relationships

  • Responsible for developing constructive, collaborative relationships with relevant stakeholders (as assigned by the Director) providing a commercial perspective and effective challenge and guidance as 'an independent respected' voice. Share best practices and feedback from industry network and other external sources; partner on initiatives and remediation activities. Support the One MUFG and overall Group strategy.
  • Responsible for establishing regular meetings with any assigned stakeholders, building trust, and bringing a collaborative mindset and a calibrated view on risk when providing check and challenge.
  • Responsible for effectively supporting the embedding of the agile framework to improve frequency and quality of stakeholder interaction during audits and raising issues as you go. Collaborate with stakeholders to achieve effective agile outcomes - remove blockers, achieve shorter audit execution times, improve the stakeholder experience.
  • Responsible for supporting the Portfolio Director's influence of change within the organisation and provide insights on industry risk and control best practices and emerging risks.
  • Responsible for partnering with stakeholders to demonstrate impact and influence through tangible outcomes and raised standards of controls and behaviours in the Stakeholders Control Environment. Responsible for generating their own ideas to achieve the same goal.
  • Responsible for identifying and escalating emerging risk or any material changes that might impact the audit universe, risk assessment, audit plan to Audit Directors/ExCo.
  • Responsible for supporting EIA in governance fora, working groups and relevant committees as assigned by Audit Directors/ExCo /CAE in the capacity required.
  • Responsible for identifying opportunities to show broader enterprise wide leadership outside the function, through I&D type roles, thematic analysis or integrated assurance work.
  • Responsible for communicating with Executive presence to management - focus on being crisp in communication.

We are open to considering flexible working requests in line with organisational requirements.

MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.

We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.

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Assistant Vice President, Corporate Functions - Risk, Legal , Finance, Treasury & Regulatory Reporting, Core Compliance & HR - 12 Month FTC
London
Human Resources
About MUFG
A leading financial institution offering a range of banking, investment, and financial services across the Americas.