SME Insurance Third Party Risk Management, Assistant Vice President

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 individual will be responsible for the 1st line of defense Third-Party Risk Management vendor insurance requirements and assessment. This includes providing recommendations for required insurance as well as reviewing to ensure vendor insurance meets the contractual requirements. They will work closely with senior members of the business line, providing both the current standing and potential impact of the vendor’s insurance requirements. They will also monitor insurance coverage to ensure vendors remain in compliance with their contracts. Insurance assessment of vendors: Provide recommendations related to insurance requirements in vendor contracts. Collect and assess certificates of insurance to determine contractual compliance. Provide an opinion on the level of risk presented by the vendor’s insurance coverage, ensuring stakeholders understand the risk and impact. Support the business in understanding the impact where certificates of insurance are not available, and determine suitable next steps. Active portfolio management of the vendor base: Monitor certificates of insurance of the vendor base; manage this process and take action when triggers are met. Provide reports on the insurance requirements and coverage of the vendor base, including overall, divisional, and category-specific views. Identify potential changes to insurance requirements within vendor contracts and work with stakeholders to implement those changes. Stay current on sector and regulatory changes and developments. Coordinate and communicate critical account information independently to related parties, including the business line and TPMs. Participate in presentations to senior executives, discussions with internal auditors, and external regulators. Contribute to special assignments and projects as needed. Policy Compliance: Ensure compliance with external regulatory and internal policy and procedural requirements. Participate in ad-hoc policy meetings to enhance the organization-wide credit risk framework. Qualifications: 3+ years of experience in insurance requirements and validation of financial statements. Strong skills in data collection and reporting. Understanding of regulatory issues (FRB, OCC, FDIC). Proficiency with Word, Excel, and PowerPoint. Excellent written and verbal communication skills. Bachelor’s or Master’s degree in business or a related field. The typical base pay range for this role is between $78K - $111K, depending on knowledge, skills, experience, and location. This role may be eligible for performance-based bonuses and other benefits, including health and wellness benefits, retirement plans, educational assistance, paid leave, and more. For additional details, see our

MUFG Benefits Summary . We consider all qualified applicants for employment, including those with criminal histories, in accordance with applicable laws and regulations, including fair chance ordinances. We are committed to diversity and equal opportunity, and we do not discriminate based on race, color, national origin, religion, gender, age, disability, sexual orientation, or other protected statuses.

#J-18808-Ljbffr