Manager - Compliance Practices [T500-13408]
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Job details
Job description, work day and responsibilities
About Us:
MUFG Bank, Ltd. is Japan's premier bank, with a global network spanning in more than 40 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. MUFG Bank’s parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, the Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.
The Group aims to be the world’s most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG shares trade on the Tokyo, Nagoya, and New York stock exchanges.
For more information, visit https://www.mufg.jp/english
MUFG Global Service Private Limited:
Established in 2020, MUFG Global Service Private Limited (MGS) is 100% subsidiary of MUFG having offices in Bengaluru and Mumbai. MGS India has been set up as a Global Capability Centre / Centre of Excellence to provide support services across various functions such as IT, KYC/ AML, Credit, Operations etc. to MUFG Bank offices globally. MGS India has plans to significantly ramp-up its growth over the next 18-24 months while servicing MUFG’s global network across Americas, EMEA and Asia Pacific
About the Role
Position Title: Manager Corporate Title: AVP
Reporting to: VP - Core Compliance
Location: Bengaluru
Job Profile:
Position details:
As a Compliance Professional within Americas Core Compliance Practices Division, you will be entrusted with various activities and tasks that are required for effective management of the compliance risk within the bank. As part of this role you may lead, participate, support, and execute multiple processes including risk assessment, monitoring, regulatory data management, etc. This is an individual contributor role and will operate in a matrix organization and support various leaders within the group.
Major Responsibilities:
• Regulatory Data Management (RDM)
• Create FastMaps to upload data into Open Pages. Reconcile data upload by the tech team and ensure accuracy of data upload.
• Clean up data within Open Pages and ensure it reconciles with other tools like materiality, monitoring tool. Etc.
• Work with Compliance Officers and Open Pages teams to create additional reports or modify existing reports to ensure it meets compliance needs.
• Maintenance and management of excel based data where required (data managed outside OP due to its limitations) and create required reports.
• Manage annual LRRR applicability review analysis.
• Ensure consistency of data and naming conventions between various systems and tools.
• Core Compliance RCSA integration support.
• Management of RDM Trigger based approach.
• Support data entry in SharePoint and open pages for compliance teams that do not have access (MUTB and MFS)
• Support creation of Quarterly Change and data reports.
• Compliance Risk Assessment (CRA)
• Support create CRA report to meet the need of various stakeholders like risk governance, risk id process, control review process etc.
• Enter data in the tool for entities without access (MUTB and MFS)
• Reconciliation of data between Materiality and CRA tool.
• Clean up of the tool to ensure consistency of naming convention across various systems reconcile.
• Assist horizontal comparison review of like LRRR between various entities
• Monitoring
• Clean up of Monitoring routines and assist with QC.
• Support monitoring deep dive reviews
• Support data entry into Monitoring tool for COs without access
• Reasonable check to ensure that any new/changes routines are populated completed correctly + look for similarity where a new routine can be consolidated
• Help with Quarterly Monitoring Update
• Regulatory Change Management (RCM)
• Support data entry into Reg Change and Reg Task objects for RCM Liaisons Without access to OpenPages
• Reasonable check to ensure that Reg Change and Reg Task records are completed correctly
• Help with QuarterlyRCM Report”
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.
Roles and Responsibilities:
• Ongoing maintenance of data dictionary, policies, procedures, standards, procedures, templates, and training documentation, as needed.
• Create training documents and conduct training to new users, refresher training to existing users, and project-specific training based on project needs.
• Incudes periodic data quality control reviews to ensure data accuracy and quality.
• Assist in the identification and streamlining of processes
• Review and challenge of the deliverables from the Compliance Officer.
• Timely completion of the activities with robust communication and stakeholder followup.
• Provide periodic reporting.
• May be engaged in other compliance programs including but not limited to risk assessment, regulatory change management, reporting, etc.
• Maintain strong understanding of various process and how they interrelate to each other and impact.
Job Requirements:
Qualifications:
• 7-8 years of experience in financial services in either of the following areas: Audit, Compliance, or Risk Management is Required
• Bachelor of Commerce or Science degree is required along with another risk management/Audit certification/qualification like Chartered Accountant (CA) or Certified Internal Auditor (CIA) is required.
• Semi Qualified CA’s will also be considered.
• Prior experience with one of the Big 4 firms is a PLUS.
• Good understanding of Excel and its functionality is a PLUS.
• Prior experience with Open Pages preferred.
• Familiarity with compliance regulations impacting banks and working knowledge of a broad spectrum of financial products and services, and banking operations; preferred.
• Self-starter with ability to work independently.
• High level of attention to detail and documentation requirements.
• Self-driven with ability to multi-task and handle multiple priorities at one time and operate in matrix organization.
• Ability to communicate effectively (both orally and in writing)with various levels of management.
• Experience in the following is a plus but not required: Power Apps, Data management, VBA, SQL, Access, Advanced Excel formulas, InfoPath Designer, Power Apps, Power Automate.
• Demonstrated ability to manage workloads and prioritize deliverables, ability to be flexible
Equal Opportunity Employer:
The MUFG Group is committed to providing equal employment opportunities to all applicants and employees and does not discriminate on the basis of race, colour, national origin, physical appearance, religion, gender expression, gender identity, sex, age, ancestry, marital status, disability, medical condition, ****** orientation, genetic information, or any other protected status of an individual or that individual's associates or relatives, or any other classification protected by the applicable laws.
Company address
Offer ID: #859640,
Published: 3 months ago,
Company registered: 3 months ago
