AVP - Internal Audit - HR and Compliance bei Mufgub

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.

MUFG (Mitsubishi UFJ Financial Group) is one of the world's leading financial groups. Headquartered in Tokyo and with approximately 350 years of history, MUFG is a global network with around 2,300 offices in over 50 countries including the Americas, Europe, the Middle East and Africa, Asia and Oceania, and East Asia. The group has over 150,000 employees, offering services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.

As one of the largest financial groups globally with a vison to be the world's most trusted, we want to attract, nurture and retain the most talented individuals in the market. The size and range of MUFG's global business creates opportunities for our employees to stretch themselves and reap the rewards. Behaving with integrity and responsibility, underpinned by a desire to build a culture which is fair, transparent, and honest, drives everything that we do. We aim to be the financial partner of choice for our clients, whatever their requirements, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world. 

Please visit our website for more information - mufgemea.com.

EMEA Internal Audit Office (EIA), as the Bank’s third Line of Defense, and in accordance with the Global Institute of Internal Auditors (IIA) International Standards (IIA Standards), provides independent assurance to the Board and Executive Management on the quality and effectiveness of governance, risk management and internal controls to monitor manage and mitigate key risks to achieving the Bank’s objectives.

NUMBER OF DIRECT REPORTS

None

MAIN PURPOSE OF THE ROLE 

Audit Managers are responsible for the execution and delivery of audit engagements, working within audit teams on the scoping, planning and delivery of audit engagements, occasionally acting as audit lead. 

Delivery and execution of all engagements must adhere to audit methodology and standards and include formal sign-offs of key documents and processes within an audit file.

The successful candidate will also support prior audit issue validation, risk assessments and continuous monitoring.

KEY RESPONSIBILITIES

Specifically, key responsibilities of the Audit Manager – HR and Core Compliance will include:

• Executing and delivering audit engagements to the required methodology and Quality Assurance standards, occasionally acting as the audit lead supervising other members of the team.
• Undertaking analysis and performing audit testing by applying data analytics solutions or effectively collaborating with the EIA Data Analytics team.
• Discussing potential findings and management action plans with key business stakeholders.
• Drafting audit issues and occasionally other elements of the audit report such as Executive Summary and Management Control Approach paragraph.
• Ongoing monitoring and validation of the prior audit issues.
• Executing and delivering all assigned work to the required methodology standard (Agile), seeking guidance as required.
• Developing knowledge in key areas of the HR and Core Compliance portfolio.
• Supporting Head of Audit and Senior Audit Managers in ongoing monitoring of HR and Core Compliance portfolio, and contributing to the periodic risk assessments impacting the annual audit plan.
• Supporting Head of Audit, Audit Director and Senior Audit Managers on strategy and approach papers for entities and risks within their Head of Audit’s portfolio.
• Building and maintaining constructive relationships with key stakeholders and auditees within their audit engagements or areas of continuous monitoring.
• Developing an appreciation of risk and control more generally in banking.
• Working collaboratively with all Internal Audit colleagues regionally and globally.

WORK EXPERIENCE

Essential:

• Experience of working in an audit, compliance or risk management function within the Financial Services sector.
• Experience in managing and executing audits primarily in HR and experience of Compliance audits also preferable.

Preferred:

• Experience of working in a similar audit function for a major corporate/investment bank or Big-4 firm.
• Experience in utilizing data analytics tools to execute testing
• Experience of banking environments and applicable HR / Compliance regulations across EMEA would be useful.

SKILLS AND EXPERIENCE

Essential

• Knowledge of auditing methods and industry practices.
• An understanding of banking and financial services is required.
• Understanding of financial products, their risks and processes associated.
• Good knowledge of controls required to mitigate those risks.
• Good understanding of risk management and compliance matters.
• Ability to communicate clearly and concisely both verbally and in written form.
• Solid project management skills allowing taking on leadership of complex/large audits.

Education / Qualifications

• Higher education or equivalent industry experience.
• Professionally qualifications (CFA, CIA, etc.) are desirable but not essential.

PERSONAL REQUIREMENTS

• Excellent communication and interpersonal skills which allow confident and independent interactions with stakeholders
• Collaborative nature and good team working ethos
• Results driven and proactive with a strong sense of accountability
• The ability to operate with urgency and prioritise work to meet the delivery milestones and avoid overruns
• Good decision-making skills, the ability to demonstrate sound judgement and propose solutions to complex problems
• Demonstrate curiosity and seek out new experiences, ideas and knowledge, seek feedback and learn new things to develop. Learn from mistakes in the organisation and the industry
• Strong problem solving skills, with a creative and innovative approach to work
• Excellent attention to detail and accuracy
• Strong numerical skills

PERFORMANCE AND DUTIES

The role holder will be assessed in accordance with their employing entity’s performance framework and process with relevant input obtained from the dual hatting entity as relevant.

As duties and responsibilities change, the job description will be reviewed and emended in consultation with the role holder. The role holder will carry out other duties as are within the scope, spirit and purpose of the role as requested by their line manager or Department Head.

MANAGING CONFLICTS OF INTEREST

• The role holder will have responsibilities for both MUFG Bank and MUFG Securities EMEA plc.
• The role holder will be required to perform their duties and responsibilities on an entity neutral basis, without favour.
• The role holder is required to follow regulatory requirements applicable to ensure each business is appropriately supported and to maintain the legal entity integrity of each of MUFG Bank and MUS.
• Working terms are dictated by functional mandates, the terms of the Dual-Hat Arrangement Agreement in place between MUFG Bank and MUFG Securities EMEA plc and any other relevant agreements entered into between MUFG Bank and MUFG Securities EMEA plc.
• The role holder will have responsibility for identifying and resolving where there may be a difference or conflict in needs between MUFG Bank and MUFG Securities EMEA plc, escalating to their manager where required.

We are open to considering flexible working requests in line with organisational requirements.

MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.

We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.