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MUFG Regulatory Reporting QA - VP in London, United Kingdom

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we’re 120,000 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.

Permanent - Vice President - Regulatory Reporting Capital Quality Assurance Analyst

MAIN PURPOSE OF THE ROLE

Key Responsibilities

Specifically, you will be accountable and responsible for taking appropriate action with respect to the Company’s and MUS(EMEA) / MUS(EU) capital regulatory reporting and internal risk analysis and reporting, including:

• Performing quality and assurance (QA) controls and processes over the internal and regulatory reports produced by the offshore production team. This includes but is not limited to:

  • Commentary and analysis on produced metrics and ratios.

  • Review and sign-off of daily reporting such as capital adequacy and leverage ratio.

  • Coordinate relevant stakeholder sign off before regulatory submission and distribution.

  • Sign off / approval of metrics before distribution to external stakeholders.

  • Submission of regulatory returns to external regulators through approved means.

  • Develop enhanced MI, including KPIs and DQ, to evidence the QA and reviews.

  • Responsible for the analysis of offshore KPI and SLA reporting. This includes the tracking of SLA and KPI breaches as well as issue management and resolution.

  • Responsible for the management of department RCSA’s and ensuring SII’s and Risk events are raised in line with Policy.

  • Track, manage, respond to, and raise regulatory reporting or data audit issues.

  • Responsible for ensuring QA documentation is fit for purpose and up to date

  • Responsible for the onshore stakeholder management being the key contact for reporting queries and issue resolution.

  • Drive ongoing development of systems (TEC and BI) to maintain and improve production processes.

  • Maintaining familiarity with regulatory developments and new reporting requirements.

  • Responsible for the execution of UAT testing for change, both BAU and new regulations and managing the handover of process change to the production team.

  • Ensure delivery of timely, accurate and relevant metrics to track performance against key SLAs and other Data Quality KPIs as specified by stakeholders and business process owners.

  • Provide metrics, MI, KPIs etc as required (ERM, MUSHD, CEO, ALCO, etc.).

  • Cascade and communicate reporting successes, delays, requests or resolutions, both on and offshore.

Technical Capabilities Required

• COREP regulatory capital and leverage ratio reporting experience (essential)

• Strong working knowledge of Microsoft Office software, e.g. Excel etc. (essential)

• Familiarity with upcoming regulatory change impacting regulatory capital requirements (essential)

• Familiarity with reporting software such as Moody’s Risk Analytics, Business Objects and PowerBI (beneficial)

• Database related knowledge, e.g. SQL (beneficial)

• CFA, ACA or CIMA qualification (beneficial)

• Previous experience in managing a team (beneficial)

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.

At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!

Our Culture Principles

  • Client Centric

  • People Focused

  • Listen Up. Speak Up.

  • Innovate & Simplify

  • Own & Execute

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