Associate – Business Unit Risk & Control

Job Description

Associate, Corporate and Investment Banking Business Unit Risk and Control | Mitsubishi UFJ Financial Group

The Tone:
This is a full-time, hybrid role at Mitsubishi UFJ Financial Group (MUFG), a leading global financial group striving to make a difference for clients, organizations, and communities. MUFG builds long-term relationships, serves society, and fosters shared and sustainable growth to be the world’s most trusted financial group. This role is a critical component of the First Line of Defense, focusing on strengthening the overall risk and control environment across corporate and investment banking products and services.

The TL;DR
• Role: Associate
• Type: Hybrid (four days in office/client sites, one day remote)
• Location: Hybrid – Specific city not provided
• Pay: $96000–$120000 yearly
• Team: Global Corporate & Investment Banking (GCIB) Business Unit Risk & Control team
• Mission: This person supports the effective identification, assessment, monitoring, and mitigation of operational and non-financial risks across a diverse portfolio of corporate and investment banking products.
• Tech Stack: Microsoft Excel, PowerPoint, reporting or data visualization tools

What You’ll Actually Do
• Framework Execution: Support the execution and ongoing enhancement of the product risk management framework across wholesale lending, investment banking, and transaction banking businesses.
• Risk Identification: Partner with product teams and control partners to identify, assess, document, and monitor key operational risks throughout the product lifecycle.
• Documentation Development: Develop and maintain comprehensive risk documentation, including process maps, risk and control inventories, assessments, procedures, and governance materials.
• Risk Reporting: Utilize reporting tools, dashboards, and data analytics to produce meaningful risk insights, monitor trends, and provide timely reporting to business leaders and senior management.
• Monitoring and Assessment: Monitor key risk indicators (KRIs), control metrics, and emerging risk trends to identify potential areas of concern and recommend appropriate actions, while supporting risk assessment activities.

The Must-Haves
• Background: Bachelor’s degree in Finance, Business, Economics, Risk Management, Accounting, or a related discipline, with foundational understanding of banking products, operational risk frameworks, and control management principles.
• Experience: Previous experience in risk management, operational risk, controls, audit, compliance, corporate banking, investment banking, or a related financial services function.
• Skills: Excellent written and verbal communication skills, proficiency in Microsoft Excel, PowerPoint, and reporting or data visualization tools, demonstrated ability to manage multiple priorities, strong attention to detail, and organizational skills.
• Bonus: Familiarity with Risk and Control Self-Assessments (RCSAs), control testing, and issue management.