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.
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.
Job Summary:
The Data & Financial Operations Governance VP will own the process for the Chief Data & Financial Operations (CDFO) management team in preparing, tracking, facilitating, and executing Sourcing Control Tower (SCT) governance activities with our business partners and lines of defense. In this role, you will drive the SCT process to ensure optimized sourcing of products and services through effective internal demand management, commercial due diligence, and implementation of sourcing best practices. As part of the SCT, requests for products or services are prioritized based on urgency, size, cost, complexity, cost benefit to the bank with the goal of ensuring products and services are procured using best practices. In this role, you will liaise with various line-of-business and risk function SMEs across the firm to achieve objectives set by SCT leadership. An ideal candidate will have 6+ years of Procurement experience with increasing responsibility in a governance function or management consulting, as well as working knowledge of risk management practices, including but not limited to control documentation and assessment, control testing, issue remediation, process improvement and policy and procedure development. This position will be principally engaged in the Governance of SCT and related activities. The candidate must have strong subject matter expertise in third-party Procurement and Governance in financial services or other heavily regulated industries is preferred.
Responsibilities
SCT governance lead will be responsible for the management of the shared SCT file repository access and administration, as well as the preliminary review of the SCT file to be presented for decision by SCT leadership. The SCT governance lead will manage all SCT meetings and will also own all communications related to the SCT process including schedule distributions to the audience, meeting outcome and approval notices, and any additional notifications (as required) to general audience. Other duties outside of the direct meeting deliverables may include savings captures and system approvals.
In addition to managing the SCT governance activities, SCT governance lead will also be responsible for review, capture, and communication of Procurement and Third-Party Risk Management (TPRM) policy violations, related reporting, and tracking.
Review related Subject Matter Expert (SME) and Line of Business (LOB) policies and procedures to ensure consistency with enterprise standards.
Support ad-hoc Sourcing and Contracts governance projects.
Monitor and report status on SCT and Policy Violation governance activities.
Identify opportunities continuous process improvement of governance framework, processes, and controls and collaborate with others to drive change.
Maintain procedures, standards, and process flows and identify and propose improvements when appropriate.
Proactively identify gaps in current BAU activities and execute remediation plans with key stakeholders in the department.
Collaborate with data governance SMEs and other stakeholders to promote data governance awareness and culture.
Other responsibilities may include governance and supporting Corporate Insurance Program for MUFG Bank US.
Qualifications
Excellent communication skills both verbal and written.
Strong academic credentials-BA or BS degree, with an advanced degree in, finance, business, supply chain, risk management, or related fields being highly desirable.
6+ years of experience in bank procurement, compliance, audit, risk, or related positions.
Strong analytical or critical thinking skills
Excellent attention to detail.
Ability to handle multiple complex tasks and responsibilities simultaneously and with substantial independence.
Work under the direction of multiple stakeholders.
Strong organizational and process-oriented skills.
Strong experience in coordinating and facilitating governance activities and forums.
Excellent communication, presentation, and interpersonal skills.
Ability to work independently and collaboratively in a fast-paced environment.
Proficiency in Microsoft Office applications, especially Word, Excel and PowerPoint, and project-related software.
The typical base pay range for this role is between $123K - $157K depending on job-related knowledge, skills, experience, and location. This role may also be eligible for certain discretionary performance-based bonus 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 (https://careers.mufgamericas.com/sites/default/files/document/2023-01/mb-live-well-work-well.pdf)
We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.
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.
We are proud to be an Equal Opportunity 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 on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual's associates or relatives that is protected under applicable federal, state, or local 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
