Analyst, Senior Auditor - Risk & Legal Audit in London

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 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.

MUFG (Mitsubishi UFJ Financial Group) is one of the world\'s leading financial groups. Headquartered in Tokyo and with approximately 350 years of history, MUFG is a global network with around 2,300 offices in over 50 countries including the Americas, Europe, the Middle East and Africa, Asia and Oceania, and East Asia. The group has over 150,000 employees, offering services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.

As one of the largest financial groups globally with a vison to be the world\'s most trusted, we want to attract, nurture and retain the most talented individuals in the market. The size and range of MUFG\'s global business creates opportunities for our employees to stretch themselves and reap the rewards. Behaving with integrity and responsibility, underpinned by a desire to build a culture which is fair, transparent, and honest, drives everything that we do. We aim to be the financial partner of choice for our clients, whatever their requirements, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

Please visit our website for more information - mufgemea.com.

EMEA Internal Audit Office (EIA), as the Bank’s third Line of Defence, aims to drive leading class standards of governance and control in EMEA which helps make MUFG the most trusted financial group. EIA provides independent, insightful and timely assurance on the effectiveness of governance, risk management and the control environment of current and evolving risks. In addition, EIA aims to influence enterprise-wide change and provide insights on industry risk and control best practices and emerging risks, providing a commercial perspective and effective challenge and guidance as ‘an independent respected’ voice. Through its comprehensive coverage of EMEA-wide 1st and 2nd line activities and end-to-end processes, EIA provides a unique opportunity for candidates to learn about everything the bank does. The ongoing transformation within IA also provides the opportunity to influence and drive strategic initiatives across the 3rd line globally.

MAIN PURPOSE OF THE ROLE

Audit Analysts are responsible for completing the execution and delivery of assigned elements of audit engagements, working within audit teams. This includes supporting the scoping, planning and reporting of audits, issue validation, and continuous monitoring activities, as well as any other tasks assigned to them by the Audit Director/Senior Audit Manager. Audit Analysts will have project management skills, be structured in their approach to work and will be able to manage and prioritise work, promptly escalating challenges. Delivery and execution of all engagements must adhere to audit methodology and standards, meet established deadlines, and include formal sign-offs of key documents and processes within the audit file

WORK EXPERIENCE

Essential

• Experience in utilising data analytics tools to execute full population testing (e.g. R, Python, SQL, etc.)
• Experience in using data and insights to inform conclusions and support decision-making.

Preferred

• Experience of working in a similar audit function for a large corporation, investment bank, or Big-4 firm.
• General or specific knowledge in Risk Management, in particular Market Risk, Credit Risk, Enterprise Risk and Operational Risk.
• Knowledge of the regulatory environment in the EMEA region.

SKILLS AND EXPERIENCE

Essential

• Knowledge of auditing means and what the role of internal audit is.
• Some understanding of financial products, their risks and processes associated.
• Good knowledge of controls to mitigate those risks.
• Good understanding of risk management and compliance matters.
• Ability to communicate clearly and concisely both verbally and in written form.

Education / Qualifications

• Studying towards a professional qualification such as ACA, ACCA, CFA would be an advantage.

Key Responsibilities

Specifically, you will be accountable and responsible for taking appropriate action with respect to MUFG Internal Audit, EMEA (EIA), including:

Audit Delivery and Planning

• Responsible for the execution and delivery of the assigned audit elements within the audit plan and issue management/validation on time and within EIA Key Performance Indicators (KPIs), with limited supervision and to the required methodology and Quality Assurance standards.
• Responsible for producing individual issues that are written for executive audience - impactful, clear key messages, factual, active voice and written in line with effective business writing requirements and needing minimum edits by Audit Directors/ExCo/CAE.

Stakeholder Relationships

• Responsible for supporting the embedding of the agile framework to improve frequency and quality of stakeholder interaction during audits and raising issues as they go.
• Where assigned by the Audit Director / Senior Audit Manager, responsible for partnering with relevant stakeholders to demonstrate impact and influence through tangible outcomes and raised standards of controls and behaviours in the Stakeholders Control Environment.
• When assigned Continuous Monitoring tasks, responsible for identifying and escalating emerging risk or any material changes that might impact the audit universe, risk assessment, audit plan to Audit Directors/ExCo.
• Responsible for identifying opportunities to show broader enterprise wide leadership outside the function, through I&D type roles, thematic analysis or integrated assurance work.

Leadership and Team Transformation

• Responsible for actively participating in the implementation of the long-term vision and strategy of Internal Audit. In particular, responsible to:
  • Demonstrate a culture of high performance and continuous improvement. Set high standards of performance and behaviour for self. Display a sense of urgency to complete tasks within short turnaround times.
  • Demonstrate personal leadership and engagement. Demonstrate curiosity – seek out new experiences, ideas and knowledge, seek feedback and learn new things to develop. Learn from mistakes in the organisation and the industry.
  • Actively engage and participate in MUFG Inclusion & Diversity initiatives and the various EMEA Employee Networks.
  • Look for opportunities to show “Enterprise Wide” leadership outside of EIA.

Inspire the team and improve people practices and career development within EMEA IA

• Responsible for supporting the Audit Director and Senior Audit Manager to develop a high performing team through quality of performance and talent management, motivation and inspiration of peers, and promoting a positive workforce culture. In particular, responsible to:
  • Drive an output-orientated culture through flexibility with hybrid working, embracing new ways of working (including MS Teams) and ensuring 3 day required office attendance.
  • Uphold MUFG and EIA culture principles especially those related to D&I, Speak up Listen up.
  • Flex communication style to more effectively build relationships within the team and with stakeholders.
  • Create trust with staff, role model vulnerability and act on feedback in the right way to facilitate upwards feedback. Actively coach other analysts on audit tasks and contribute to employee and team development.
  • Drive and create opportunities to increase staff engagement and recognise and celebrate individual and team success.

We are open to considering flexible working requests in line with organisational requirements.

MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.

We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.