MUFG Union Bank Enterprise Risk Mgmt Process Manager, Vice President in Los Angeles, California
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world (as ranked by S&P 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., we’re 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 that’s working to fulfill its vision to be the world’s most trusted financial group.
Serves as Enterprise Risk Management Process Manager for a highly quantitative, credit modeling focused team of specialists responsible for ensuring the appropriate credit risk management for the bank and successful CCAR/DFAST production and submission process. As a member of the Retail Credit Modeling & Stress Testing group, this role is integral to all aspects of statistical model development and validation, ongoing governance from planning/scoping, production, and communication with our constituents including hands-on technical documentation and reporting. In support of the bank’s overall credit risk management and regulatory stress tests, the team develops and manages a wide ranging inventory of models covering a wide array of portfolios and multiple aspects of credit loss analysis, including close collaboration and harmonization with headquarters in Tokyo.
Lead the project management of all aspects of model development and validation, including ongoing governance and performance monitoring
Lead creation of model development documentation, including hands-on contribution to the content, and leveraging validation expertise, industry best practices, and regulatory requirements to best enable a successful model validation
Work with multiple functions and departments in the bank like Retail analytics and decision modeling, Reserve Methodology Analytics, Model Governance, Economic Capital, Treasury, FP&A, Balance Sheet Management
Support regulatory stress testing production activities (CCAR, DFAST, Home-Office run), including aggregation, reporting, and creation of presentation materials
Support production, aggregation, and reporting working with financial/data technologies – OBIEE/Hyperion/Essbase/Excel, R/SAS/SQL
Responsible for supporting cross-functional business and governance related initiatives that cover all functions within the Credit Strategies Group
Typically requires an analytical degree (finance, economics, engineering, math, physics, etc.) with 10 years of related experience. Candidates with advanced degrees and 5 years would be acceptable
Strong project management & leadership skills within finance/banking/risk environments
Solid experience working through all aspects of model development and validation, preferably in the Retail space, including hands-on technical documentation
Solid regulatory stress testing (CCAR, DFAST, ICAAP) experience, preferably within the capacity of credit loss, FP&A, Balance Sheet Management, or like function
Experience working with financial/data technologies – OBIEE/Hyperion/Essbase/Excel, R/SAS/SQL
Strong problem solving skills including developing creative, pragmatic solutions
Outstanding written/oral communication skills whether in person or via presentation materials
/ The above statements are intended to describe the general nature and level of the 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 / Affirmative Action 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 in employment decisions on the basis of any protected category. /
/ A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it’s the bank’s policy to only inquire into a candidate’s criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses. /
Job: *Risk & Compliance
Title: Enterprise Risk Mgmt Process Manager, Vice President
Location: CALIFORNIA-Los Angeles
Requisition ID: 10024548-WD