Director, Head of IT and Change (Audit) (33542)

Mitsubishi UFJ Securities (USA) ,
London, Greater London
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Overview

Job Description

OVERVIEW OF THE DEPARTMENT/SECTION We are MUFG. 360 years of heritage. A world-class set of businesses. And more than 180,000 employees in 50 markets. It's no surprise that MUFG has grown to become one of the top five banks in the world. Our services include commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. MUFG offers stability in an ever-changing market, providing services to high-profile clients worldwide. Our vision? To become the world's most trusted financial group. You'll help us achieve it. 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. NUMBER OF DIRECT REPORTS 4-5 (Team size 12) MAIN PURPOSE OF THE ROLE The main purpose of the role is to provide leadership and oversight for the IT and Change Audit portfolio. This includes responsibility for overseeing the design of audit planning and corresponding audit execution for IT, Change and Integrated audits. The person will be required to develop and manage relationships, working closely with peer Heads of Audit, regional business stakeholders and key global counter-parts. The role holder is designated as a Senior Leader within the EMEA audit team within MUFG and will be tasked with supporting the Global Head of IT Audit with the globalisation of the Audit Division. In particular, the holder will be required to play a significant role in implementing IT and Change Auditing integration plans, as well as other key strategic initiatives, both locally and globally. KEY RESPONSIBILITIES People: * EIA Heads of Audit are responsible for the line management of all staff allocated to their portfolio team. These teams will be made up of Portfolio Heads of Audit, Directors, Senior Audit Managers, Audit Managers, Senior Auditors and Auditors. * High performing teams are expected in EIA and therefore the EIA Heads of Audit must be equally adept in performance and talent management. * As a senior level Director, high leadership standards are expected across the wider global function and bank and the role holders will be required to act as role-models for all others. * EIA Heads of Audit will also be required to take lead roles in non-'BAU' strategic initiatives e.g. 5 P's. Here they are expected to lead by example through positive and constructive behaviours and also to deliver results. * EIA Heads of Audit are expected to play a lead role in team meetings and be proactive in identifying issues in the department and managing them. Planning: * EIA Heads of Audit will own their sections of the risk universe and the related risk assessment. This includes producing the annual audit plan and maintaining appropriate documentary evidence that the plan is risk based and provides the appropriate coverage. * Are expected to utilise their subject matter expertise, knowledge of the business, continuous monitoring intelligence and wider industry knowledge to complete and sign off on the risk assessments applied to the universe. * Are also responsible for ensuring that their section of the universe, risk assessment and annual plan is appropriately designed in collaboration with their counterpart EIA HoA. * Are also expected to help the CA and EMEA DCA to oversee the approval of the consolidated audit plan using this knowledge. This applies to broader themes and risks in particular. * Will own their respective strategy and approach papers for entities and risks within their portfolio. * They are expected to improve risk coverage (within their specialist areas in particular, but not limited to this) on a global basis e.g. lead and drive thematic coverage globally. Product: * The EIA Heads of Audit are accountable for all audit engagements assigned to them and ensure that all reports produced by the department are allocated either directly to them or delegated to a Portfolio Head of Audit. * Audit Engagements must demonstrate appropriate coverage of the key risks and meet all QA standards. * Issue Management must be maintained to the highest standards. * The role holders are responsible that the department meets the required Quality standards and are expected to lead and champion methodology implementation. Position: * The EIA Head of Audit positions are senior roles within MUFG EMEA and will be representatives for the Department on a global basis. * Attend Bank forums when the Chief Auditor or Deputy Chief Auditor is unable to attend or when delegated within their portfolio. * Lead relationships with key business staff (especially Senior Execs/other MD's) and auditees within their portfolio. * Meet with regulators as required. * Attend the Internal Audit Committees

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