Wealth Division Risk Manager, Vice President (Remote)

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Job description

Are you passionate about creating an exceptional client experience?

Discover your opportunity with Union Bank®, a division of the Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world. At Union Bank, we have our clients' best interest in mind and draw on more than 160 years of experience to understand their distinct needs to tailor our solutions. We're part of 180,000 colleagues around the globe striving to be the world's most trusted financial group, knowing that trust starts with a culture of putting people first and empowering you to achieve your potential.

Join Union Bank, where being inspired is expected and creating results is rewarded.

This is a remote position. A member of our recruitment team will discuss location preferences with you in more detail.

Division Risk Managers are the first line of defense responsible for supporting and coordinating all disciplines (i.e., modules) of operational risk and controls within their divisions. These modules include but are not limited to: information security, human resources, Sarbanes-Oxley, fraud, vendor management, business continuity, regulatory compliance, product risk and model validation. The Division Risk Manager will be the focal point of contact concerning matters of operational risk. Through the BURM, significant and emerging risks and their assessments by the module owners will be communicated to the Division Risk Manager. The Division Risk Manager will assist the BURM in completion of Risk and Control evaluations for their division and manage remediation activities for control deficiencies. Major Responsibilities: The Division Risk Manager will either oversee or perform (depending on the size and complexity of the division) the functions of BSA Officer, Business Unit Compliance Officer, SOX coordinator/tester, Vendor Risk Manager, Information Security Coordinator, Disaster Recovery and Business Resumption Manager, and or other control/risk related activities. Assist BURM to build and maintain risk and control evaluations for all significant and emerging risks, including residual risk ranking and control deficiency remediation. Responsible for accurate and timely reporting of significant and emerging risks from the business unit view Ensure that the appropriate level of risk and controls are documented in Risk Resolve. Participate in ad-hoc working groups to address and resolve new areas of risk within their area of responsibility Responsible for ensuring that the resources dedicated to risk management within their area of responsibility are qualified and sufficient to efficiently and effectively carry out the required functions Responsible for monitoring risk management activities to ensure that they are properly performed and completed for the units within their area of responsibility Responsible for ensuring all those responsible for risk activities within the business unit are properly trained Responsible for certification that the internal controls are designed properly and operating effectively Responsible for identifying risk trends and/or symptoms of process control breakdowns Responsible for keeping the Division Manager and BURM apprised of changes in inherent risk or control breakdowns/deficiencies that could impact residual risk Assist business partners in reviewing risks evolving from various initiatives to ensure that operational risks are recognized, mitigated, reported and/or accepted Act as the Disaster Recovery and Business Resumption Manager/Coordinator for the Division ensuring annual tests and relocation exercises are performed and that Disaster Recovery Plans are reviewed and approved Review Bankwide procedures and policies for the Division as well as Division desktop procedures and ensure input from subject matter experts within the Division as appropriate Act as liaison with IRMG and Corporate Compliance on behalf of the Division in consultation with the BURM and assist in resolving identified issues and monitor its resolution Must be familiar with the policies and procedures related to each identified risk module. These modules include but are not limited to: information security, human resources, Sarbanes-Oxley, fraud, vendor management, business continuity, compliance, product risk and model validation Typically requires a BA or BS degree, 5+ years experience in operations management within a financial institution Excellent skills in risk assessment analysis and a solid understanding of business and financial markets. Strong knowledge of the inherent risk in the business line Strong management skills, excellent communication skills, both oral and written and an ability to interact with all levels of management Ability to analyze risk trends, identifying signs of changing risk levels

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 / Affirmative Action 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 in employment decisions on the basis of any protected category.

Some MUFG roles require that individuals be fully vaccinated against COVID-19, subject to exemptions for medical or religious reasons, as well as any other reason required by applicable law or order. Should you be selected for an interview, your recruiter will provide additional information.