Mitsubishi UFJ Financial Group (MUFG) is seeking a Vice President of Third Party Management to join their team. The selected colleague will be responsible for the execution of the Third-Party Risk (TPRM) Management oversight of the highest risk-rated third parties in MUFG Americas.
Requirements
- Ensures that all Third-Party Risk Management (TPRM) Policies & Procedures are adhered to in the execution of the program throughout the full TPRM Lifecycle.
- Compliance with applicable rules and guidance impacting the TPRM program including OCC, FBR, FDIC, SEC, FFIEC, FINRA;
- Interface with second line of defense (SLOD) review and challenge and Internal Audit.
- Primary TPRM support partner for Subject Matter Experts (SMEs), Business Unit Risk Managers (BURMs), and BU Management.
- Support Strategic Planning execution for First Line of Defense (FLOD) TPRM.
- Responsible for addressing, documenting and escalating Trigger Events for their assigned Engagements.
- Support preparation of TPRM portfolio and third-party performance for Risk and Management Committees.
- Provides input into the TPRM Policy and System enhancements.
- Execute activities to support TPRM metrics & reporting; providing insight into third party activity and performance for business unit executives and management committees.
- Provide oversight for outsourced TPM activities – ensuring compliance with expected performance and contractual terms and SLAs.
- Responsible for ensuring that the phases of the Third-Party Lifecycle are completed.
- Consults with the relevant Subject Matter Experts and acts as single point-of-contact for Third Party’s completion of risk-driven questions and/or documentation requests.
- Responsible for ensuring issues and risks are appropriately remediated or escalation protocols are followed.
- Responsible for the Termination phase of the TPRM Lifecycle.
- Consults with the SR throughout the phases of Third-Party Relationship Lifecycle.
- Responsible for quality of documentation in FLoD and TPRM systems.
- Responsible for providing support for risk assessments for engagements under the Third-Party Portfolio.
- Responsible for information sharing about the Third Party to other TPMs and SRs, as necessary.
Benefits
- 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
- Paid vacation, sick days, and holidays
