Assistant Vice President - Finance, Treasury and Regulatory Reporting (FTRR) Internal Audit at MUFG

Job description

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. About the Role Position Title: Finance, Treasury and Regulatory Reporting (FTRR) Internal Audit Corporate Title: Assistant Vice President Reporting to: Vice President/ Director Location: Bengaluru Job Profile Position details The AVP role within the Internal Audit function is responsible for executing independent, objective assurance and consulting activities designed to assess and evaluate the effectiveness of the Bank’s governance, risk management and control processes. It reports to either a VP, Audit Lead or a Director, Sr. Audit Lead. This role includes, but is not limited to, execution of end-to-end audit process (e.g. planning, fieldwork testing, reporting, issues validation, etc.) and independently owning audit administration activities and project deliverables across the organization. Roles and Responsibilities · Maintain compliance with audit methodology, while also operating within industry best practices, applicable regulations, and internal and external professional practice expectations. · Act as a leader and role model and continuously improve self and department. · Operate with an innovative and flexible mindset by continuously identifying ways to enhance consistency, efficiency, quality and/or value. · Responsible for the execution and delivery of the assigned audits within the audit plan and issue management/validation on time and within EIA Key Performance Indicators (KPIs), with limited supervision and to the required methodology and Quality Assurance standards. · Use of Agile auditing and Data Analytics within he audit assignments. · Lead walkthrough meetings and interviews with business stakeholders to develop an understanding of business processes. · Lead formal discussions with business stakeholders throughout the duration of audit engagements to communicate status or concerns. · Identify potential risks and controls and assist in developing scope and work programs. · Evaluate design and operational effectiveness of internal controls and identify control weaknesses. · Generate insightful, meaningful observations that effectively convey significance and impact on risk and/or risk management practices, writing and reporting findings and audit issues to Audit Management. · Document workpapers demonstrating the work was appropriately performed (e.g., detailed lead sheets describing the control attributes that were tested, and the results were documented in a manner to support the conclusions reached, effectiveness and sustainable controls are evident in documentation). Documentation should stand alone to enable re-performance. · Identify control weaknesses and escalate and discuss findings with Audit Management and business stakeholders as appropriate. · Complete work on a timely basis and deliver work products that meet objectives and standards of methodology, applicable standards and regulatory requirements. · Responsible for the maintenance of the audit universe and risk assessments of assigned Auditable Entities. · Build relationships with local and UK audit team members and finance stakeholders. · Work on a combination of locally owned audits as well as global audits with the UK team. · Build r