Vice President, Internal Audit Quality Assurance & Improvement Program (QAIP)

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 150,000 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. About the Role Position Title   : Vice President, Audit Quality Assurance & Improvement Program (QAIP)            Corporate Title: Vice President, Internal Audit Reporting to    : Director of Audit Quality Assurance                  Location          : MGS - Bengaluru                  Job Profile Position details / Job summary: The Vice President, Audit Quality Assurance & Improvement Program (QAIP) position is within the Global Internal Audit function, reporting to the Director of Audit Quality Assurance.  The position is responsible for 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.  The role will provide QA coverage across the global audit portfolio, spanning a broad range of business, credit, model, operational, technology, and regulatory risk areas, and will support both Global and Americas QA reviews. Roles and Responsibilities Execute the quality assurance plan, performing reviews of audit planning processes, risk assessments, audit execution, audit issue validations, and other/thematic topical reviews. Maintain knowledge of audit quality assurance and improvement program and the audit portfolio including industry trends and best practices, business risks, control frameworks, management strategy, banking/regulatory practices; understand the business’ products, systems, and processes. Continuously improve audit practices and methodology based on knowledge of best practices, industry standards and regulations and present areas and opportunities for alignment. Develop and execute QA testing programs designed to effectively assess the department’s conformance with audit methodology, industry standards and regulatory requirements. Challenge audit teams on work performed, including appropriateness of scope, risks and controls identified, risk ratings, controls testing (design and operating effectiveness), sampling, sustainability, and conclusions.