Job Information
MUFG Credit Policy Group Manager, Director in New York, New York
Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we’re 120,000 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.
Job Description:
Reports to the head of Credit Administration Resource Management, Credit Planning and Credit Policy Group. Responsible for the establishment, maintenance, and monitoring of an efficient and effective Credit standards and procedures framework to support MUFG business objectives and facilitate risk management of new and existing credit exposure. This includes the oversight of processes used to create, maintain, and modify Americas Credit Standards (ACSs), Americas Credit Related Procedures (ACRPs), and MUFG Americas Underwriting Guidelines (MAUGs) in accordance with the MUFG Americas Policy Governance Policy , BPM 1432 | CPP 4206, and consistent with MUFG Americas Credit Risk Management Policy , BPM 3328 | CPP 3881, and other applicable policies, standards, and procedures. Coordination and socialization with Front, Second, and Third Line subject matter experts and stakeholders as required.
Working with and managing experienced members of the Credit Policy Group, ensure that all annual, biennial reviews, and other periodic or ad hoc reviews (such as those needed to address business objectives, regulatory, Third Line, and management self-identified issues, or operating efficiency/effectiveness objectives) are completed in accordance with established timelines. The scope includes creation and maintenance of appropriate documentation needed to evidence required governance oversight and approvals, processes, changes over time, and the participation of those whose input is necessary.
Oversight and administration of required governance pursuant to applicable policies, procedures and standards including Management Governance Body Standard . This includes staffing, note and/or minute-taking as applicable, and record-keeping for the governance body with purview over the ACS/ACRP/MAUG documents as well as determining based on materiality which proposed actions require governance review and approval vs. which can be address administratively.
Develop and maintain productive working relationships with vertical and horizontal partners as needed including Credit Administration, Credit Strategies, Front Line business units, Third Line, Compliance, and Americas Legal Division to facilitate effective and efficient processes and outcomes. Work with Home Office partners including Credit Policy and Planning Division - CPPD, and others to ensure ongoing coordination with global objectives and priorities, and information-sharing on best practices. Ongoing collaboration with other partners such as Front Line Quality Control, Second Line Quality Assurance, and Credit Training teams is required to ensure appropriate feedback loops are maintained and timely changes/enhancements made where beneficial.
Interface as required with regulatory agency representatives for purposes of credit policy, standards, and procedures. Work proactively to ensure credit policy, standards, and procedures meet regulatory requirements and expectations.
Skills and Experience
Qualifications:
10+ years demonstrated experience in risk management
Direct experience with credit policies, standards, procedures, and guidelines
Strong analytical skills & problem-solving capabilities
Detail-oriented and well-organized
Strong strategic, communication, writing and presentation skills
Strong work ethic, ability to make decisions, & work under tight deadlines
Demonstrated ability to establish and deliver efficient, effective solutions in a timely manner
Prior experience managing teams of professionals
College degree or equivalent professional experience
Preferred :
Extensive knowledge of risk management, risk policy governance best practices
Deep industry experience in banking and risk management rules and regulations
Advanced degree or certification in a field pertinent to credit risk and policy
Working knowledge of MUFG information systems
Demonstrated ability to work horizontally across teams and at various levels in an organizational hierarchy
Travel :
- Travel may be required
The typical base pay range for this role is between $200k-$241k depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes 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, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.
MUFG Benefits Summary (https://careers.mufgamericas.com/sites/default/files/document/2023-01/mb-live-well-work-well.pdf)
The above statements are intended to describe the general nature and level of 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 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 on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.
At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!
Our Culture Principles
Client Centric
People Focused
Listen Up. Speak Up.
Innovate & Simplify
Own & Execute