AVP - Core Compliance Controls Testing (Quality Assurance)

OVERVIEW OF THE DEPARTMENT/SECTION Core Compliance Quality Assurance: This department acts as a quasi-independent function within Core Compliance (CC) with the responsibility of reviewing and challenging the current Core Compliance risk and control framework that opetrates internally within Core Compliance. Note this does not include testing of core compliance risk across 1LoD divisions, which is covered by the Core Compliance Testing Team (also under the same, wider Compliance team). Core Compliance is defined as any Compliance area that does not fall into Financial Crime which is covered by a separate team. Core Compliance risks include regulatory compliance, conflicts of interest, market abuse, competition law, cross border, data protection,etc. The main purpose of the team is to provide reasonable assurance that controls are designed and operating effectively in adherence to established standards or best practice thereby allowing risks to be managed as expected. The function will further act to bring synergies across existing frameworks within the bank (e.g. Operational Risk, Audit, etc.) through its engagement and collaboration with such areas. The teams initial focus will be on its London operations with a view to expanding to the EMEA region in due course. NUMBER OF DIRECT REPORTS None MAIN PURPOSE OF THE ROLE Reporting to the VP in Core Compliance Quality Assurance, the role holder will be responsible for executing the quality assurance (QA) controls testing programme within the Core Compliance Division (i.e. covering all non-financial crime compliance risks). The role will include assisting in the design of the overall framework and executing QA controls testing and deeper dive or thematic reviews and other QA related projects under the direction of the VP and Head of the Division. KEY RESPONSIBILITIES Perform Core Compliance RCSA controls testing in accordance with the Operations Risk Framework methodology Plan and conduct reviews, both Controls Testing and deeper dive, and other relevant core compliance monitoring and testing to assess the design and operation of controls operated within Core Compliance Functions, under the direction of the functional VP Scoping reviews and developing test programmes Fieldwork, testing and report writing Work with Core Compliance teams to help them address control challenges and new initiatives, including giving guidance on design and execution where control gaps are identified Perform issue validation where required and proactively manage updates and reporting Assist in the production and presentation of management reports showing details of the control framework, progress of the QA work programme and highlighting issues arising Work collaboratively across functional teams within CC to ensure effective and efficient operations with clearly defined roles and responsibilitie Assist in the production of MI and other reports where required Utilse the teams data analytics system (to the extent possible) to enhance and automate testing Participate in wider, non-BAU projects and opportunities (where resourcing allows) The function is expected to initially focus predominantly on CC in London, but key know-how and relevant issues should be shared across the EMEA offices from the outset and a more detailed programme developed for those offices at a practicable date in due course. WORK EXPERIENCE Essential: Significant experience in a control function in the financial industry Assessing and/or designing internal controls Preparing reports and presenting to Management SKILLS AND EXPERIENCE Functional / Technical Competencies: Essential: Proven excellence in assessing risks and controls and identifying gaps Ability to scope, undertake fieldwork, testing and report writing Collaborative with strong interpersonal communication skills Proactive with strong workload managent skills Systemic thinking across enterprise Detail oriented and organized execution Strong presentation skills and written skills Demonstrated ability to manage multiple projects simultaneously Strong knowledge of Risks and Controls, control design and effectiveness and good practice Ideal to have knowledge of a Compliance function, its activities, processes and controls Broad understanding of FCA rules, European Regulations and Industry guidelines / best practice Education / Qualifications: Essential: Graduate Qualified Relevant Industry / Compliance, Auditor, or Opertional Risk qualifications Preferred: N/A PERSONAL REQUIREMENTS Excellent communication skills Results driven, with a strong sense of accountability A proactive, motivated approach. The ability to operate with urgency and prioritise work accordingly A structured and logical approach to work Excellent interpersonal skills The ability to manage large workloads and tight deadlines Excellent attention to detail and accuracy A calm approach, with the ability to perform well in a pressurized environment Good numerical skills Good Microsoft Office skills PERFORMANCE AND DUTIES The role holder will be assessed in accordance with their employing entitys 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.

Location: bangalore, IN

Posted Date: 4/12/2025