Assistant 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.

MUFG  (Mitsubishi  UFJ  Financial  Group)  is  one  of  the  world's  leading  financial  groups.  Headquartered  in Tokyo and with approximately 350 years of history, MUFG is a global network with around 2,300 offices in over 50 countries including the Americas, Europe, the Middle East and Africa, Asia and Oceania, and East Asia. The  group  has  over  150,000  employees,  offering  services  including  commercial  banking,  trust banking, securities, credit cards, consumer finance, asset management, and leasing.

As one of the top financial groups globally with a vision to be the world's most trusted, we want to attract, nurture  and  retain  the  most  talented  individuals  in  the  market.  The  size  and  range  of  MUFG's  global business  creates  opportunities  for  our  employees  to  stretch  themselves  and  reap  the  rewards,  whilst  our common values, to behave with integrity and responsibility, and to build a culture which is fair, transparent, and  honest,  underpin  everything  that  we  do.  We  aim  to  be  the  financial  partner  of  choice  for  our  clients, whatever  their  requirements,  building  long-term  relationships,  serving  society,  and  fostering  shared  and sustainable growth for a better world.

Please visit our website for more information - mufgemea.com.

NUMBER OF DIRECT REPORTS

0

MAIN PURPOSE OF THE ROLE 

Data Analytics (DA) Audit Managers are responsible for managing the delivery of data analytics audit engagements, working with business and functional audit teams to devise effective and efficient strategies to test key controls, driving insights that support the internal audit conclusions. DA Audit Managers will be responsible for the delivery of data analytics across multiple audit engagements. DA Audit Managers will have a strong analytical background, and the ability to communicate findings effectively to stakeholders, 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.

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 data analytics strategy and plan delivery
• Responsible for supporting the Audit Directors/Senior Audit Managers to dynamically manage the data analytics plan for the EIA portfolio considering whether it remains relevant throughout the year, proposing changes as appropriate. Escalate any challenges that might impact the data analytics plan and timelines to Audit Directors /Senior Audit Managers in a timely manner.
• Responsible for the delivery of assigned data analytics audit engagements within the data analytics plan for the EIA portfolio time and within EIA Key Performance Indicators (KPIs), with limited supervision and to the required methodology and Quality Assurance standards. In particular:
  • Project manage the collection, processing and analysis of large datasets to identify trends, patterns and insights that support the delivery of assigned elements of audit engagements including issue validation and continuous monitoring
  • Evaluate risks for the assigned audit engagements and devise effective and efficient strategies, using data analytics, to test key controls
  • Ensure data quality and integrity by implementing robust data governance techniques
  • Utilise advanced analytical techniques and tools to perform prescriptive and predictive analytics
  • Monitor own delivery of tasks effectively and deliver within the deadline set; and meet interim milestones and avoid overruns. Timely document workpapers to the required methodology and Quality Assurance Standards
  • When requested, attend meetings or regular touchpoints with relevant stakeholders to ensure that analytical methodologies, processes and findings are understood and support any challenges
  • Document analytical methodologies, processes and findings to meet all QA standards.

• Responsible to support audit teams in translating data findings into 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 promoting the adoption of data analytics in the delivery of the Internal Audit plan in line with the EIA strategy
• Responsible for leading internal audit teams, business and functional, to understand their relevant data needs, provide tailored analytics use cases and embed the use of data analytics in Audit delivery
• 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.
• Where assigned by the Audit Director /Audit Manager, responsible for partnering with relevant stakeholders to demonstrate how data analytics support Audit conclusions 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 supporting EIA in governance fora, working groups and relevant committees as assigned by Audit Directors/ExCo /CAE in the capacity required.
• Responsible for supporting the embedding of the agile framework to improve frequency and quality of stakeholder interaction during audit engagements. Collaborate with stakeholders to achieve effective agile outcomes - remove blockers, achieve shorter audit execution times, improve the stakeholder experience.
• 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. 

Leadership and Team Transformation

• Responsible for actively participating in the development and implementation of the long-term vision, strategy and target operating model of Internal Audit. In particular, responsible to:
  • Demonstrate a culture of high performance and continuous improvement. Set high standards of performance and behaviour for self and the Analysts. Display a sense of urgency to complete tasks within short turnaround times and holding others accountable for non/late delivery of required tasks or quality.
  • Demonstrate personal leadership and engagement. Demonstrate curiosity – seek out new experiences, ideas and knowledge, seek feedback and learn new things to develop. Learn from mistakes in the organisation and the industry.
  • Lead /effectively support initiatives to increase efficiency and effectiveness, including the use of Data Analytics to enhance audit testing and oversight.
  • Own the message - consistently support strategic messages and plans, overcome resistance and drive progress and cultural change through the team.
  • Actively engage and participate in MUFG Inclusion & Diversity initiatives and the various EMEA Employee Networks.
  • Look for opportunities to actively participate in “Enterprise Wide” leadership initiatives outside of EIA.
  • Demonstrate awareness of key industry topics and share relevant read-across topics within EIA and with the stakeholders as assigned by the Senior Audit manager/Audit Director.

Inspire the team and improve people practices and career development within EMEA IA

• Responsible for supporting the Audit Director and Senior Audit Manager to develop a high performing team through quality of performance and talent management, motivation and inspiration of more junior staff, and promoting a positive workforce culture. In particular, responsible to:
  • Collaborate with Audit Directors, Senior Audit Managers and ExCo to deliver the MUFG Audit Vision and Strategy, and a united vision to our people. Create a common employee experience.
  • Drive an output-orientated culture through flexibility with hybrid working, embracing new ways of working (including MS Teams) and ensuring 3 day required office attendance.
  • Drive and create a safe working environment that upholds MUFG and EIA culture principles especially those related to D&I, Speak up Listen up.
  • Flex communication style to more effectively build relationships within the team and with stakeholders.
  • Create trust with staff, role model vulnerability and act on feedback in the right way to facilitate upwards feedback. Actively coach other AVPs and analysts on audit tasks and enable employee and team development. Provide regular balanced, positive and high-quality constructive feedback and deliver the tough messages promptly when required.
  • Drive and create opportunities to increase staff engagement and recognise and celebrate individual and team success

SKILLS AND EXPERIENCE

Technical Capability

• 5-7 years of experience in data analytics, with at least 3 years in a managerial role. Preferably within the Financial Services industry and in an Internal Audit or other Risk/ Control function
• Demonstrated experience in leading data analytics projects and managing a team
• Strong quantitative and analytical skills with the ability to interpret complex data and generate insights that support Audit delivery and conclusions
• Strong understanding of risk and control environment to evaluate risks for the assigned audit engagements and devise effective and efficient strategies to test key controls
• Proficiency in SQL, Python, R, or other programming languages used for data analytics
• Experience with data visualisation tools such as Tableau, Power BI or other
• Excellent verbal and written communication skills with the ability to explain complex data concepts to non-technical stakeholders
• Strong problem solving skills and attention to detail with the ability to manage multiple priorities and deliver high quality audit work products meeting IA KPIs and QA standards
• Ability to work effectively in a matrix organisation and effectively collaborate with functional and business teams and stakeholders in Internal Audit and across the organisation 

PERSONAL REQUIREMENTS

• Excellent communication skills
• Results driven, with a strong sense of accountability
• A proactive, motivated approach.
• The ability to operate with urgency and prioritise work accordingly
• Strong decision making skills, the ability to demonstrate sound judgement
• A structured and logical approach to work
• Strong problem solving skills
• A creative and innovative approach to work
• Excellent interpersonal skills
• The ability to manage large workloads and tight deadlines
• Excellent attention to detail and accuracy
• A calm approach, with the ability to perform well in a pressurised environment
• Strong numerical skills

PERFORMANCE AND DUTIES

The role holder will be assessed in accordance with their employing entity’s performance framework and process with relevant input obtained from the dual hatting entity as relevant.

As duties and responsibilities change, the job description will be reviewed and emended in consultation with the role holder. The role holder will carry out other duties as are within the scope, spirit and purpose of the role as requested by their line manager or Department Head.

MANAGING CONFLICTS OF INTEREST

• The role holder will have responsibilities for both MUFG Bank and MUFG Securities EMEA plc.
• The role holder will be required to perform their duties and responsibilities on an entity neutral basis, without favour.
• The role holder is required to follow regulatory requirements applicable to ensure each business is appropriately supported and to maintain the legal entity integrity of each of MUFG Bank and MUS.
• Working terms are dictated by functional mandates, the terms of the Dual-Hat Arrangement Agreement in place between MUFG Bank and MUFG Securities EMEA plc and any other relevant agreements entered into between MUFG Bank and MUFG Securities EMEA plc.
• The role holder will have responsibility for identifying and resolving where there may be a difference or conflict in needs between MUFG Bank and MUFG Securities EMEA plc, escalating to their manager where required.

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.