Division Risk Manager - AVP

MUFG Bank, Ltd. • $96K — $120K *
Tampa, FL 33647In-Person
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-5 years of experience in operational risk management, audit, compliance, or related fields.
  • Expertise in developing and enhancing risk and control frameworks.
  • Experience collaborating with regulators on audits and issue resolutions.
  • Proven ability to present risk assessments to senior governance committees.
  • Skilled in process documentation and risk assessment methodologies with tools like MS Visio.
  • Strong analytical skills for identifying risk trends and translating risk concepts into practical business terms.
  • Experience within a First Line of Defense model in a regulated financial environment.

Responsibilities

  • Lead and manage the Risk & Control Self-Assessment (RCSA) process compliantly.
  • Conduct comprehensive assessments of various risk categories including Operational, Compliance, and Third Party Risks.
  • Challenge stakeholders effectively on risk and control issues throughout the RCSA process.
  • Document and manage risks, controls, and associated processes accurately.
  • Oversee the Issue Management lifecycle from identification through to resolution and closure.
  • Ensure timely escalation and thorough documentation of issues that exceed risk tolerance levels.
  • Governance of issue-related activities, overseeing remediation timelines and validation processes.

Benefits

  • Comprehensive health and wellness benefits package.
  • Retirement plans to support financial security.
  • Educational assistance and training programs for career growth.
  • Income replacement for qualified employees with disabilities.
  • Paid maternity and parental bonding leave.
  • Generous paid vacation, sick days, and holidays.
Full Job Description
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. The Division Risk Manager (DRM) is a member of the First Line of Defense (FLoD) responsible for overseeing the identification, assessment, monitoring, and remediation of risks and issues within the assigned business unit. The role ensures effective execution of the Risk & Control Self-Assessment (RCSA) and Issue Management programs in alignment with enterprise standards and regulatory expectations. The DRM is part of a team of approximately 4-5 risk managers responsible for day-to-day execution of risk and issue management activities and serves as a trusted risk advisor to business leadership. Key Responsibilities Risk & Control Self-Assessment (RCSA) • Lead and execute the RCSA lifecycle in accordance with enterprise standards. • Ensure comprehensive identification and assessment of Operational, Compliance, Third Party, Information, and Model Risks. • Provide effective challenge to business stakeholders on risk identification, control design, and control effectiveness. • Ensure risks, controls, and processes are accurately documented and maintained within OpenPages. • Identify emerging risks and thematic control issues and escalate as appropriate. Issue Management • Serve as FLoD owner for Issue Management activities from identification through remediation and closure. • Ensure timely identification, escalation, and documentation of issues where risk exceeds tolerance. • Oversee root cause analysis, management action plans, remediation timelines, and remediation evidence quality. • Govern issue changes, extensions, and escalation processes. • Ensure remediation is completed in a timely, sustainable manner and is prepared for independent validation. Qualifications • 3-5 years of experience in operational risk management, audit, compliance, bank operations or related disciplines. • Experience implementing, executing, building, or enhancing risk and control frameworks. • Experience interacting with regulators on examinations and issue remediation. • Experience partnering with Second Line of Defense (SLoD) and Third Line of Defense (TLoD) teams across issue lifecycles, examinations, and emerging risk identification. • Experience presenting balanced risk perspectives to senior risk and control governance committees. • Experience with process documentation (MS Visio), risk and control assessments, and issue validation. • Excellent skills in risk assessment, governance, and reporting with strong understanding of business operations and financial markets preferred. • Strong knowledge of inherent risks within the applicable business lines. • Ability to analyze risk trends and identify indicators of changing risk levels. • Ability to translate technical risk concepts into clear, business-oriented language. • Demonstrated problem-solving skills with the ability to deliver innovative solutions with or without technology. • Demonstrated experience working within a First Line of Defense model in a regulated financial institution. • Experience with risk management systems such as OpenPages preferred. Core Competencies • Risk judgment and critical thinking • Strong written and verbal communication skills, with the ability to tailor messaging to technical, business, and executive audiences • Stakeholder engagement and influence • Governance and escalation management • Continuous improvement mindset Education • Bachelor's degree required; advanced degree preferred. The typical base pay range for this role is between $96K - $120K depending on job-related knowledge, skills, experience, and location. This role may also be eligible for certain discretionary performance-based bonuses 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

About MUFG Bank, Ltd.

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There has never been a better time to join the global team at MUFG Bank, Ltd., a premier institution recognized for its leadership in the financial sector. MUFG Bank, Ltd. offers a plethora of job opportunities that cater to a variety of skills and interests, all while fostering professional growth and innovation.

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Join MUFG Bank, Ltd.'s distinguished team to assist some of the most sophisticated clients in navigating their financial landscapes. At MUFG Bank, Ltd., team members lead from a unique position in the marketplace, at the crossroads of financial expertise, industry knowledge, and digital innovation. Engage with a global team of business and financial advisors to help clients master their economic strategies and challenges. Collaborate with the largest group of finance professionals in the industry – a network that spans across continents offering unmatched opportunities for networking and professional development.

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