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Senior Compliance Officer
Mitsubishi UFJ Financial Group
Los Angeles, CA, United States
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Description
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world (as ranked by S&P Global, April 2018) with total assets of over $2.9 trillion (106.2 (JPY) as of March 30, 2018) and 150,000 colleagues in more than 50 countries. In the U.S., we’re 13,000 strong, working together to positively impact every customer, organization, and community we serve. We achieve this by delivering on our values, putting people first, fostering long-term relationships built on honesty and mutual understanding, and inspiring the best in each other. This is all part of our inclusive, high-performing culture supported by Total Rewards that include our cash balance pension plan. Join a team that’s working to fulfill its vision to be the world’s most trusted financial group.
Job Summary:
Ensure compliance for a group of assigned compliance focus area(s), and communicate this information to line compliance personnel, either directly or through one to three supervised compliance coordinators. Focus areas & scope include a specific compliance area(s), as well as oversight for other assigned areas, both frequently technical and complex (ex: IT Compliance, CRA, QC, etc.), which typically has at least division level impact of error, and has a moderate to significant effect on the Bank's overall operations, public image, regulatory evaluation, etc. Advise executive and line management on emerging compliance issues, and assist subordinates and line unit compliance officers in establishing policies, procedures and controls.
Major Responsibilities
Keep up-to-date on changes in federal and state compliance laws and regulations impacting the group of assigned compliance focus area(s)and ensure that any subordinates, and line managers in area of responsibility are adequately informed Ensure that changes necessitated by new or revised laws and regulations impacting the area of responsibility, including changes in policy and procedural manuals, are made in a timely manner Ensure that compliance issues raised by new products or operating system changes are adequately evaluated and addressed prior to implementation Set minimum standards for compliance testing, ensuring that compliance issues are brought to the attention of the Group/Division executive Coordinate regulatory examinations of assigned compliance focus area(s) by federal regulators or other internal or external auditors. Propose corrective action plans, keep Group/Division executive informed and involved Recommend to Group/Division executive corrective action and ensures that it is accomplished Provide technical assistance, training, information, and analysis to subordinates and line compliance personnel
Keep Compliance Team Leader and/or Chief Compliance Officer informed of compliance issues Prepare and potentially present reports to management regarding status of compliance in areas of compliance focus May direct the work of lower level staff.
Qualifications
• Prepare and potentially present reports to management regarding status of compliance in areas of compliance focus
• Minimum of 5 to 7 years experience in lending regulatory compliance, including leading regulatory exams, or equivalent banking work experience in the regulatory compliance area.
• Extensive knowledge of lending laws and regulations, focusing on Fair Lending and UDAAP.
• Strong ability to analyze, communicate, and make recommendations effectively regarding complex laws and regulations to line personnel and senior management.
• A BA or BS is required and professional CRCM certification is highly desirable.
• Excellent communication presentation analytical and project management and consulting skills
• Superior leadership and consulting skills, with prior management or team leader experience helpful
• Intermediate to advanced knowledge of Microsoft Office
The above statements are intended to describe the general nature and level of the 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 / Affirmative Action 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 in employment decisions on the basis of any protected category.
A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it’s the bank’s policy to only inquire into a candidate’s criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.