Compliance Officer - Compliance Practices and Program, 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 150,000 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:

Reporting to the Head of Core Compliance Practices for Americas, you will lead various activities and tasks that are required for effective management of compliance risk within the bank. As part of this role, you will engage in managing and executing several processes within the group including regulatory data management, compliance risk committee, regulatory change management, technology, tools, and other activities required by the enterprise programs and/or assigned by the Head Of Compliance Practices. This is an individual contributor role that will require understanding of enterprise compliance risk and bent of mind to understand impact of compliance risk across the organization. Role may be required to manage employees with dotted line responsibilities within and outside the United States.

Major Responsibilities:

• Primarily an individual contributor would define framework, process, and procedures for establishment, management and administration of the assigned functional responsibilities.

• Develop a robust and consistent program of defining, collecting, measuring and reporting on regulatory impacts pursuant to regulatory commitments.

• Advanced ability to aggregate data from multiple sources and develop meaningful analytics, and reporting including graphs, presentations etc.  

• Leverage understanding of compliance spectrum to identify relevant metrics and work with users to introduce new reports and data visualization dashboards to be used as a measure of performance and compliance moving forward

• While an individual contributor role, may be required to lead other team members, managing and directing their work.

• Responsible for overall quality and timely delivery.

• Recommend and implement automation of the process.

• Coordinate work effort across Americas entities and head office.

• Ensure alignment and integration of programs with international standards.

Compliance Committee:

• Serve as secretary for the compliance risk management committee and responsible for its charter.

• Manage committee meeting agendas, coordinate presenters, create committee package, organize meeting, take attendance and meeting minutes and manage end to end delivery.

• Ensure all requirements of the charter and other enterprise process in respect of committee management are followed.

Regulatory inventory and data management:

• Manage and maintain regulation inventory across Americas region.

• Define methodology for identification and management of the methodology

• Define structure and content for inventory management.

• Manage risk and control mapping and define structure and annual plan.

• Coordinate within and outside compliance for effective management of control mapping.

• Integration of function with risk assessment, testing, monitoring and reporting functions.

• Responsible for management, definition, and optimization of associated standards and procedures.

Regulatory Change Management (RCM)

• Responsible for regulatory change management program across organization including additional responsibilities for support and risk functions.

• Responsible for maintenance of RCM enterprise standards and its compliance by functions across the bank.

• Define regulatory change reporting requirements, build, validate and roll out Open Pages reporting. 

• Review existing regulatory change vendor capabilities for coverage across all regulators, entities and automation capabilities.

• Manager vendor contracts, RFI’s etc.

GRC Technology:

• Lead and manage compliance modules of the Open Pages. Lead technology updates, define requirements, and lead implementation.

• Identifies opportunities for automation and integration of compliance practices module within the open pages and define a roadmap.

• Evaluate technology options, vendor etc. and assist with RFP and selection on vendors covering various aspects of the program.

• Manage, define and maintain program, process and procedures holistically.

• Oversee regulatory compliance GRC projects for process or system enhancements following enterprise project policies and procedures.  Provide system requirements for enhancements to regulatory compliance GRC technologies.

• Identify technology improvement opportunities and provide system requirements for enhancements to regulatory compliance GRC technologies.

• Identify best practices, and advocate for continuous technology enhancements that support Americas Compliance GRC mission and vision.

Reporting and Governance:

• Enhance management reporting across various compliance practices processes.

• Manage other governance activities like RCSA, RIM etc. and other activities assigned by compliance leaders and part of the compliance program management.

• Serve as a back up for other processes within the Compliance Practices Organization including compliance reporting, key risk metrics, risk appetite, etc.

The typical base pay range for this role is between $126K - $173K depending on job-related knowledge, skills, experience, and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. 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 parental 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

We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.

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.