Job Information
MUFG Senior Auditor I, Vice President (Audit of Sales & Trading experience) in New York, New York
Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. 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:
The Senior Auditor I role within Internal Audit is responsible for leading independent, objective assurance and consulting activities designed to evaluate and assess the effectiveness of the Bank’s governance, risk management and control processes. This role includes, but is not limited to, independently owning the successful execution of the end-to-end audit process (e.g. planning, fieldwork testing, reporting, issues validation, etc.). The Senior Auditor I also establishes direction for staff on more complex audit activities and project deliverables across the organization.
Management or Supervision:
May supervise staff during an audit engagement at the VP Level and below.
Major Responsibilities:
Act as a leader, developing and promoting a workplace culture that values diversity of thought, promotes integrity and creates an atmosphere that supports coaching and fosters accountability
Engage as a team player across peer group while also operating within industry best practices, applicable regulations, and internal and external professional practice expectations.
Effectively manage executive relationships (internally and externally), clients and peers to mutually accountable, productive, respectful, and trusted level and exhibit a high standard of performance and professional conduct that will create a culture of integrity and inclusion; where all individual and departmental choices are rooted in good judgment and support MUFG's Principal of Ethics and Conduct.
Identify and understand risks and controls in changing environments with the ability to execute the full life cycle of an audit, from planning to audit close.
Perform risk assessments and analyze risk trends at a macro level, identifying signs of changing risk levels and/or symptoms of process control breakdowns.
Assess the business’ governance, risk management and control environment and generate insightful, meaningful observations that effectively convey significance and impact on risk and/or risk management practices.
Maintain compliance with audit methodology, while also operating within industry best practices, applicable standards and regulations, and internal and external professional practice expectations.
Establish audit scope inclusive of key risks relevant to the areas under review, with test objectives and test programs designed to opine on the design and operating effectiveness of controls and ensure appropriate depth of testing.
Assign and review the staff selected for audit engagements to ensure appropriate skillsets for execution.
Review and challenge audit staff and audit judgment in scoping, risk and control identification, findings and observations, and documentation to ensure accuracy.
Provide constructive input to Audit & Finance Committee and Management reporting.
Education and Licensure:
A Bachelor’s degree, preferably in Accounting, Finance, Business Administration or related business discipline at an accredited college or university.
Professional auditing certifications, such as the CIA, CPA, or CFSA, are highly desirable.
Advanced degree preferred.
Skills and Experience:
7+ years and/or equivalent of experience in internal audit and/or equivalent of experience with the financial services industry, related markets and regulated industries, specifically in the areas of Corporate, Investment Banking (lending and underwriting), Capital Markets including Sales and Trading; and familiarity with Broker - Dealer and applicable regulations, such as DFA Swap Dealer, Volcker and FINRA, SEC and NASD rules.
Experience working with financial industry regulators, including OCC, FRB, and FINRA
Deep knowledge of risk assessment, audit methodology, and audit execution
Demonstrated proficiency in technology as required for assigned areas (MS Office, audit data analytics, etc.)
Strong project management skills; preferably within internal audit functions
Employs strong critical thinking skills to identify pragmatic recommendations within an evolving and increasingly complex regulatory and risk management environment
Strong verbal and written communication skills
The typical base for this role is between $ 130,000 - $ 155,000 depending on job-related knowledge, skills, experience, and location. 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 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 (https://careers.mufgamericas.com/sites/default/files/document/2023-01/mb-live-well-work-well.pdf)
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.
At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!
Our Culture Principles
Client Centric
People Focused
Listen Up. Speak Up.
Innovate & Simplify
Own & Execute