Third-Party Risk Management

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:

This position will report to the FLoD Director Third-Party Management and will be principally engaged in execution of the Third-Party Risk (TPRM) Management oversight of the highest risk-rated third parties in MUFG Americas.  Third-Party Risk Management spans the Americas, and this team is key to the success of the program.

Major Responsibilities:

• Ensures that all Third-Party Risk Management (TPRM) Policies & Procedures are adhered to in the execution of the program throughout the full TPRM Lifecycle.

• Compliance with applicable rules and guidance impacting the TPRM program including OCC, FBR, FDIC, SEC, FFIEC, FINRA; in addition to other U.S. regulators (e.g., NY Department of Financial Services), and foreign-based regulators (e.g., Japan’s Financial Services Agency, Canada’s Superintendent of Financial Institutions, and those in Latin American).

• Interface with second line of defense (SLOD) review and challenge and Internal Audit.

• Primary TPRM support partner for Subject Matter Experts (SMEs), Business Unit Risk Managers (BURMs), and BU Management.

• Support Strategic Planning execution for First Line of Defense (FLOD) TPRM.

• Responsible for addressing, documenting and escalating Trigger Events for their assigned Engagements.

• Support preparation of TPRM portfolio and third-party performance for Risk and Management Committees.

• Provides input into the TPRM Policy and System enhancements.

• Execute activities to support TPRM metrics & reporting; providing insight into third party activity and performance for business unit executives and management committees.

• Provide oversight for outsourced TPM activities – ensuring compliance with expected performance and contractual terms and SLAs.

• Responsible for ensuring that the phases of the Third-Party Lifecycle are completed.

• Consults with the relevant Subject Matter Experts and acts as single point-of-contact for Third Party’s completion of risk-driven questions and/or documentation requests.

• Responsible for ensuring issues and risks are appropriately remediated or escalation protocols are followed.

• Responsible for the Termination phase of the TPRM Lifecycle.

• Consults with the SR throughout the phases of Third-Party Relationship Lifecycle.

• Responsible for quality of documentation in FLoD and TPRM systems.

• Responsible for providing support for risk assessments for engagements under the Third-Party Portfolio.

• Responsible for information sharing about the Third Party to other TPMs and SRs, as necessary.

Qualifications:

• Bachelor’s degree.

• 7+ years Third Party Management experience.

• Broad view of the financial services industry; previous working experience within Capital Markets, Asset Management, Broker Dealer, Finance, Treasury and or risk management

• Strong knowledge of Operational Risk Management Programs and frameworks including (but not limited to): RCSA, Loss data, Products and Services, Scenario Analysis, KRM/KRI and Issue Management).

• Significant experience managing complex and dynamic Third-Party relationships.

• Knowledge of regulatory bodies governing financial services and in providing guidance for adherence and monitoring the financial services industry.

• Strong analytical mindset, able to manage risks both at the micro and macro levels.

• Ability to identify issues and work them to closure, including remediation and escalation where appropriate.

• Strong communication skills and ability to create effective level appropriate executive presentations.

• Discretion and diplomacy when dealing with sensitive issues.

• Desire and talent for building and maintaining relationships.

• A commitment to protect the bank from all risk exposure.

• Experience working across a diverse set of stakeholders with positive results.

• Preferred advanced experience with MS Office, Archer, Ariba, and Teams.

The typical base pay range for this role is between $114K - $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.