Sr. Operational Risk Analyst, Assistant Vice President - Remote CA
Company: MUFG Union Bank
Location: Sacramento
Posted on: August 7, 2022
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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.
The Sr. Risk Analyst's primary responsibility is to perform
analysis and conduct testing on controls related to risks within
business area Risk and Control Self Assessments (RCSA), Product and
Service Risk Assessments (PSRA), and perform issue remediation
validation. You will complete comprehensive documentation to
support testing performed, and clearly articulate any issues
discovered to business line management. Support the Business Unit
Risk Manager (BURM) and Division Risk Managers with all risk
control testing activities related to the business divisions within
the Regional Bank. Additionally, you will be responsible for
supporting the Regional Bank testing team in assessing control
design and monitoring of control effectiveness through the
performance of quality assurance procedures. Does this sound like
you?
You should have the ability to thoroughly understand data in order
to accurately assess and recommend key risk metrics to monitor
where key risks are changing or additional controls are necessary.
Actively assist with facilitating resolution processes with
processing support areas and provide recommendations on process
gaps. In addition, participate in assessing, tracking and reporting
results of various risk management activities, and Special Project
coordination as the need arises.
**Major Responsibilities:**
Under the direction of the Group Risk Manager, you will conduct
appropriate and thorough tests and analysis to confirm the
effectiveness of certain controls within various business area
RCSAs, PSRA, and validate the adequacy and sustainability of issue
remediation.
+ Following established standards, you will present clear and
documented evidence of testing and analysis performed, as well as
an accurate assessment of the results.
+ You will provide clear, concise and accurate communication of any
issues found to business management.
+ Perform risk research and analysis, and formulate recommendations
to make processes more efficient as well as identify trends and/or
symptoms of process control breakdowns
+ Assist with the development and refresh of product and service
specific test plans and control mapping
+ Clearly document testing procedures to evaluate control
effectiveness, and identify control gaps and communicate emerging
risks
+ Perform independent QA procedures to assess control design and
effectiveness
+ Support documentation of testing results in the system of record
and partner with BURM testing staff and business divisions of any
remediation activities, including documentation of action plans
+ Ensure the success of remediation activities through effective
process monitoring
+ Participate in ad hoc working groups to address and resolve new
areas of risk within the business scope as requested by BURM
**Documentation and Reporting:**
+ Inform line of business ratings as needed
+ You will handle communication within business divisions (i.e.,
process support owners, product owners, Business Compliance Officer
(BCO) and management as appropriate]
+ You will support BURM Issues Management staff in documenting,
monitoring, and reporting on self-identified, audit, compliance and
regulatory issues
+ Ad hoc or special project management participation
responsibilities
+ Respond to questions from business partners and senior
management
**Qualifications:**
**Education, Licensure, Year of Experience (and type of work
experience):**
+ Typically requires a BA or BS degree
+ You should have at least 5-7 years' experience in risk management
or internal audit functions within a financial institution
+ Knowledge of operational risk management concepts and a
background in risk and control self-assessment and data analysis
skills and /or meaningful experience preferred
+ Experience in developing, tracking, and analyzing risk related
assessments and functions
**Knowledge, Skills, Abilities:**
+ Proficiency in Microsoft Office required
+ Excellent interpersonal skills, both verbal and written
+ Experience with a broad range of reporting tools (e.g., Business
Objects) and prior project management experience are a plus
+ Flexible and able to balance several priorities at once
**Strong analytical skills and good judgment**
+ Experience in financial institutions and finance
organizations.
+ Experience in public accounting, audit, and/or professional
services desired.
+ 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.
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 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.
\#LI-Remote
Keywords: MUFG Union Bank, Sacramento , Sr. Operational Risk Analyst, Assistant Vice President - Remote CA, Professions , Sacramento, California
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