EIAO - Senior Audit Manager - Vice President (Corporate Investment Banking)

London, United Kingdom
May 17, 2019
May 21, 2019
Job Function
Industry Sector
Finance - General
Employment Type
Full Time

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 top 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, whilst our common values, to behave with integrity and responsibility, and to build a culture which is fair, transparent, and honest, underpin 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.

MUFG's shares trade on the Tokyo, Nagoya, and New York (NYSE: MTU) stock exchanges. The group's operating companies include, but are not limited to, Bank of Tokyo-Mitsubishi UFJ, Mitsubishi UFJ Trust and Banking (Japan's leading trust bank), Mitsubishi UFJ Securities Holdings (one of Japan's largest securities firms), and MUFG Americas Holdings.

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

EMEA Internal Audit Office (EIAO), as the Bank's third Line of Defence, and in accordance with the Global Institute of Internal Auditors (IIA) International Standards (IIA Standards), provides independent assurance to the Board and Executive Management on the quality and effectiveness of governance, risk management and internal controls to monitor manage and mitigate key risks to achieving the Bank's objectives.


The Senior Audit Manager EMEA Corporate, Investment and Regional Banking is responsible for executing and delivery of EMEA Corporate, Investment and Regional Banking audit engagements assigned by the Chief Auditor and Head of Audit. They will work within the wider team on the scoping, planning, delivery and reporting of these engagements in line with audit methodology to ensure they cover the appropriate key risks and related key controls, including the follow-up of issues raised. They may be required to conduct fieldwork, often taking a supervisory and lead role in the audit engagement and it is expected the Senor Audit Manager will mentor junior staff.


Specifically, key responsibilities of the Senior Audit Manager EMEA Corporate, Investment and Regional Banking will include:
  • Supporting the Head of Audit to maintain areas of the audit universe and the related risk assessment, ensuring that risk assessments are up to date and accurate. Assist the Head of Audit deliver continuous monitoring assignments for a set ensuring the effectiveness of continuous monitoring which underpins audit activity and areas of focus.
  • Establish and maintain strategy and approach papers for entities and risks within their Head of Audit portfolio, as directed.
  • Seek opportunities to improve risk coverage (within their specialist areas) on a global basis.
  • Utilise subject matter expertise, knowledge of the business and wider industry knowledge to influence the audit plan and the risk assessments applied to the EMEA Corporate, Investment and Regional Banking audit universe.
  • Ensure high quality standards for audit files and opinions in line with Methodology / QA requirements.
  • Ensure timely and efficient delivery and execution of audit assignments (planning, scoping, fieldwork and reporting) within agreed timelines/milestones.
  • Ensure audit reporting and MI is accurate and complete (e.g. Monthly Control Reports, Audit Committee reporting etc).
  • Maintain constructive relationships with senior stakeholders so that audit planning and delivery are achieved smoothly and professionally.
  • When leading an audit, deliver audit reports which are insightful, factually based, impactful and robust, and require minimal rewrite by the Head of Audit.
  • Champion the implementation of methodology best practice through audit engagements, leading by example.
  • Display very strong appreciation of risk and control in banking.
  • When leading audits, responsible for agreeing draft Management Action Plan for reports and checking for robustness of actions and proposed timelines, prior to approval by relevant Head of Audit. Ownership of follow-up and validation of audit issues raised.
  • Manage small teams of Auditors.
  • Mentor and guide junior members of staff.
  • Work collaboratively with all Internal Audit colleagues regionally and globally to ensure that the quality of work produced globally continues to advance. On occasions, be required to act as lead on Global Thematic Audits.
  • Attend Bank forums as a Subject Matter Expert when requested.
  • From time to time, may also be required to take a lead role in non-'BAU' initiatives e.g. a working group.
  • Some travel may be required across EMEA (up to 25%).


  • Professionally qualified (ACA, CFA etc).
  • Experience of working in Internal Audit, or related function within the Financial Services Sector.
  • Experience in auditing Corporate, Investment and Transaction Banking businesses and associated risk management functions with a major financial firm.
  • A good understanding of the regulatory environment, in particular the FCA and PRA Handbooks.
  • Good understanding of Corporate, Investment and Transaction Banking products gained in either in a major corporate/investment bank or similar Big-4 experience.

  • Experience of working in a similar audit function for a major corporate/investment bank.
  • Experience of auditing or advising on business strategy or strategic processes.
  • Knowledge of how to use data analytics to drive continuous risk monitoring and perform audits.
  • Strong understanding of and experience in providing assurance over compliance with the regulatory requirements relating to Corporate, Investment and Transaction Banking, as well as, regional subsidiaries and branches across EMEA.


Functional / Technical Competencies:

  • Understanding of financial products, their risks and how they generate revenues
  • Good knowledge of controls required to mitigate risks
  • Good understanding of risk management and compliance matters

Education / Qualifications:
  • Professionally qualified (ACA, CFA etc)
  • Higher education or equivalent industry experience.


  • 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
  • Strong decision making skills, the ability to demonstrate sound judgement
  • A structured and logical approach to work
  • Strong problem solving skills
  • A creative and innovative 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 pressurised environment
  • Strong numerical skills
  • Excellent Microsoft Office skills

MUFG, a global financial group 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.

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