Associate - Wholesale Banking Audit

New York
22 May 2019
24 May 2019
Job role
Contract type
Full time
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world (as ranked by S Global, April 2018) with total assets of over $2.9 trillion (106.2 (JPY) as of March 30, 2018) and 150,000 colleagues in more than 50 countries. In the U.S., were 13,000 strong, working together to positively impact every customer, organization, and community we serve. We achieve this by delivering on our values, putting people first, fostering long–term relationships built on honesty and mutual understanding, and inspiring the best in each other. This is all part of our inclusive, high–performing culture supported by Total Rewards that include our cash balance pension plan. Join a team thats working to fulfill its vision to be the worlds most trusted financial group.

Job Summary:

Internal Audit for the Americas acts as the third line of defense, independently assessing first and second line managements effectiveness in identifying, measuring, monitoring and controlling the risks of the Bank. We are searching for an Audit Associate with Financial Services (Broker/Dealer, Banking) audit experience to join the team responsible for auditing the primary business and secondary sales/trading business as well as being involved in audits with the broader Wholesale Businesses. Strong audit/internal controls experience in the Financial Services Industry is preferred. The Associate, Senior Auditor position is a staff role within the Internal Audit for the Americas function reporting to VP.

Major responsibilities:

Execute an efficient and effective program of audit work

Lead interviews of process owners to develop understanding of business processes

Identify potential risks and controls, and assist in developing scope and work programs

Evaluate internal controls design and effectiveness

Identify control weaknesses and suggest appropriate remediation

Document results using appropriate business and technical language in workpaper system

Report findings and client issues to managers

Complete work on a timely basis and with high quality

Maintain compliance with audit methodology, while also operating within industry best practices, applicable regulations, and internal and external professional practice expectations

Build relationships with peers and clients within organization

Act as a leader and role model and continuously improve self and departmentQualifications:

Bachelors degree and 4+ years of Internal Audit experience/internal controls or Big 4 assurance experience in Financial Services Industry, including experience with large complex financial institutions

Product knowledge and experience (Investment Banking, Fixed Income & Equity Trading/Sales, Back Office Operations (Clearance/Settlement), Wholesale Banking, Transaction Banking)

Experience with the Financial Services industry and related markets and related regulatory bodies. Preferred knowledge of relevant regulatory requirements (including Volcker, Dodd–Frank/Swap Dealers, FINRA regulations)

Ability to identify and understand controls in changing environments

Ability to perform risk assessments and analyze risk trends at a macro level, identifying signs of changing risk levels and/or symptoms of process control breakdowns

Solid understanding of product lifecycle risks and controls

Critical thinking, analytical, and project management skills

Ability to interact and communicate effectively with senior leadership and staff at all levels

Strong oral and written communication

The ability to manage large workloads and tight deadlines

Strong decision making and problem solving skills, the ability to demonstrate sound judgment

A structured and logical approach to work with excellent attention to detail and accuracy

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.

To learn more about MUFG, review all current career opportunities, and apply please visit us online:

We are committed to leveraging the diverse backgrounds, perspectives and experiences of our workforce to create opportunities for our people and our business. Equal Opportunity Employer: Minority/Female/Disability/Veteran.