Markets Compliance Testing Officer, Vice President - Hybrid; Irving, TX OR Tempe, AZ

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.

Americas Compliance Testing (ACT) is an integral part of the MUFG Regulatory Compliance Risk Management function. This position executes a compliance testing program designed to meet heightening regulatory standards and expectations pertaining to Federal and State laws, regulations, and supervisory guidance overseen by the Compliance Group.

This influential position will perform compliance testing reviews on the Sales & Trading business units with focus on the Markets Compliance program. The Compliance Officer will work closely with ACT teammates and various key regional and global business partners to deliver an effective second line of defense testing program that meets senior management and regulatory expectations.

Reviews will include assessment of the Swap Dealer program, Volcker Rule program, Market Conduct, Market Access, Desk, Branch and targeted assessments, which are primarily focused on evaluating effectiveness of controls and compliance with Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA), Commodity Futures Trading Commission (CFTC), National Futures Association (NFA), Federal Reserve Board (FRB), Office of the Comptroller of the Currency (OCC) and Investment Industry Regulatory Organization of Canada (IIROC) rules, and MUFG policies and procedures, including their extra-territorial application.

Experience with markets compliance, markets surveillance, compliance monitoring, auditing or testing reviews and/or issues management and remediation for the regulatory requirements of the FRB, SEC, FINRA, OCC, CFTC, NFA and IIROC are required. Experience in the following areas are highly preferred:
Dodd-Frank Act Title VII as it pertains to the obligations of Swap Dealers and Security-Based Swap Dealers, Volcker Rule and Market Conduct regulations.

• Assess the adequacy of first- and second-line of defense controls and prepare reviews for senior management detailing assessment of the effectiveness of the Compliance program for in-scope Markets rules.
• Conduct analysis related to laws, rules, regulations and best practices related to the Markets Compliance program.
• Assist Compliance Testing teams from EMEA and APAC with advisory coverage of the relevant U.S. Markets regulations.
• Assist in responding to regulatory inquiries, audits, examinations and investigations.
• Work either independently or as part of a team in executing test programs and supervise and review the work of others that may be assisting on a review.
• Identify control and compliance issues, assess, and document the related risk, identify the root cause, and make reasonable recommendations for resolution.
• Responsible for ongoing communication with “clients” throughout the testing process to keep them apprised of progress and findings.
• Write clear, concise, and analytical evaluation reports and other work papers summarizing level of risk, scope, objective, findings, and recommendations, consistent with the established procedures and templates.
• Adhere to the Bank’s risk vision, and risk management policies and programs, and identify and effectively manage risks associated with activities in the…