Audit Quality Assurance, Director

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.

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 Summary:

The Director, Audit Quality Assurance & Improvement Program (QAIP) position is a leadership role within the Global Internal Audit (GIA) function, reporting to the Global Head of QA. The position is responsible for overseeing execution of the QA plan and deliverables, assessing departmental conformance with Audit Methodology and auditing standards, and driving continuous improvement of processes, procedures, and quality throughout the audit department globally.

Responsibilities:

• Assist Global Head of QA with the development of a risk-based quality assurance plan for assessing audit activities in Americas and EMEA regions.
• Lead a team of 3-5 to execute the quality assurance plan, performing reviews of internal audit activities including risk assessments, planning processes, audit execution, and regulatory and audit issue validations.
• Oversee multiple QA projects concurrently across regions, ensuring delivery of high-quality work within designated timeframes and budgets.
• Develop QA testing programs designed to effectively assess the department’s conformance with GIA methodology, regulatory requirements, and applicable auditing standards including challenging audit scope, execution, and conclusions.
• Be influential in dealing with senior stakeholders including articulating the risks of the QA findings supported by factual evidence, recommending actions to mitigate risks based on best practices aligned to auditing standards, and obtaining agreement from stakeholders.
• Communicate QA results (written and verbally) to the audit teams, the GIA Executive Leadership Team and Chief Audit Executive. Prepare and present quarterly reporting of QA results including key metrics, trends/themes and improvement opportunities.
• Work with the Head of QA on key projects and initiatives to drive strategy and strengthen audit quality both locally and globally, ensuring that key milestones are tracked, measured, and achieved.
• Maintain expertise and knowledge of industry best practices around audit methodology, auditing standards, and quality assurance. Be a resident subject matter expert on audit methodology and auditing standards.
• Continuously improve audit practices and methodology based on knowledge of best practices, industry standards and regulations and present areas and opportunities for alignment.
• Anticipate emerging risks/issues that may impact GIA’s risk profile, audit methodology and audit practices.
• Partner with Professional Practices/Training team to support the development and facilitation of department-wide training, including specific topics identified in quality assurance reviews.
• Perform ongoing monitoring of open QA issues and oversee the validation and closure of issues in line with QA procedures.
• Provide regular coaching and feedback to direct reports and support the professional growth and development of team members.
  
  

Qualifications:

• Minimum of ten years of relevant internal audit or quality assurance experience in the financial services industry.
• Broad knowledge of risks and controls related to financial services for areas such as risk management, regulatory compliance, credit/lending, markets, corporate functions, technology, and financial crimes.
• Prior experience with remediation/validation of regulatory issues and corresponding with regulators.
• Bachelor’s degree, preferably in accounting, finance, or related business discipline, at an accredited college or university. Advanced degrees are highly desirable.
• Professional certifications, such as the CIA, CPA, or CISA, are highly desirable.
• Deep knowledge of risk assessment, audit methodology, and audit practices.
• Strong project management skills and ability to coordinate/integrate efforts across multiple groups within audit.
• Ability to influence stakeholders and challenge the status quo, including managing conflicts and issue resolution.
• Strong written and verbal communication skills.
• Highly motivated, takes initiative / self-starter, problem solver, solution oriented.
  
  

The typical base pay range for this role is between $166K - $210K 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

We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.

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.