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.

Would you like to work for one of the World's largest banks in an exciting, dynamic and international environment? 

We are currently recruiting for an Head of Sox and Internal Control for our Finance Division in Amsterdam.

About MUFG

Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,000 locations in more than 40 countries. The Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to “be the world’s most trusted financial group” through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges. For more information, visit https://www.mufg.jp/english.

About MUFG in the European Economic Area

Following the decision taken by the UK in 2016 to leave the European Union, MUFG has taken all of the necessary steps to ensure the continuation of all services to clients, regardless of their location. Clients located in the European Economic Area (EEA) access services through MUFG Bank (Europe) N.V. as well as MUFG Securities (Europe) N.V.

About MUFG Bank (Europe) N.V.

MUFG Bank (Europe) N.V. (MBE) is a fully-owned subsidiary of MUFG Bank, headquartered in Amsterdam. With offices throughout Europe, our teams provide clients with comprehensive financing solutions spanning Coverage & Structured Finance, Capital Markets and Transaction Banking, using MUFG’s global reach to provide bespoke solutions. With 73 green, sustainability, sustainability-linked and transition bond tranches in 2021 and 51 sustainability-linked loans in EMEA in 2021, MUFG is committed to supporting clients to achieve sustainable business growth.

Please visit our website for more information – https://www.mufgemea.com/mbe

Your impact at MUFG

You are instrumental in maintaining and developing the SOX framework across MBE as well as an ‘in-control’ mindset and mature process and control documentation within finance. The following main responsibilities fall into the domain of your role:

• Maintenance and development of the SOX control framework for Group purposes (JGAAP/USGAAP scope) including related testing and reporting;
• Development and progress the maturity of the finance control framework and coordinate with responsible business owners the periodic (RSCA/Business process) update;
• Coordination with the external auditor in capacity of the Year-End audit, Sox Audit and related activities;
• Lead the set-up of enhanced (or new) controls for finance in strategic projects (such as system implementations, internal restructuring etc.);

Function positioning

The function forms part of MBE Finance Division (residing under the CFO) and is reporting directly into the Head of Finance. The role is part of the management team Core Finance which includes the direct reports of the Head of Finance.

MBE has multiple branches in EU countries and is part of the wider MUFG Group. As such there is significant interaction with colleagues in other countries such as Germany, United Kingdom and Tokyo. Especially across the EMEA region there is a close cooperation and significant interaction with the London based Head of Sox and his team.

Apart from colleagues within finance, for MBE the role has significant interaction with colleagues of Operational Risk Management, IT, Internal Audit and owners of (SOX) controls.

The role includes the following:

• Coach, guide and develop the SOX and Internal Controls team for which you are (HR) hierarchically responsible.
• Foster a collaborate mindset within the team and help team members develop both technical knowledge as growth on ‘softer’ aspects
• Help other colleagues understand and develop their knowledge and mindset towards proper risk and controls.
• First point of contact for SOX related matters within MBE;
• Maintenance and development of the SOX control framework for Group purposes (JGAAP/USGAAP scope) including personal involvement in related testing (design and effectiveness) and reporting for Entity Level, Business, IT and financial controls;
• Perform QA review on SOX testing undertaken by Control Owners/Testers.
• Ensure all SOX tasks and year-end SOX attestation are completed on timely basis to support MUFG Group SOX compliance.
• If applicable for new processes in SOX scope, built upon the existing RSCA and coordinate with ORM the required update for SOX scope (create an end to end flowchart, review completeness of key risks & controls and ensure stakeholder sign-off).
• Definition and assessment of Local SOX Scope (i.e. professional judgement for deemed higher risk areas) and related testing of design and operating effectiveness.
• Secretary to the MBE Finance internal forum to evaluate risks of inaccurate financial reporting
• Managing external auditors for year-end audit and SOX audit, including attending walkthroughs.
• Support any request of external audit for non-audit services, involving assessment and alignment with external audit, parties in MBE and Head of Finance (where applicable)
• Coordinate with internal audit and if applicable manage any internal  audit pertaining to the SOX team
• Coordinate with MBE IT in providing training and testing of End-user computing controls (on EUC files, (python) codes etc.)
• Development and progress the maturity of the finance control framework and coordinate with responsible business owners the periodic (RSCA/Business process) update;
• Lead the set-up of enhanced (or new) controls for finance in strategical projects (such as system implementations, internal restructuring etc.)
• Review and provide signoff from SOX ITGC perspective on IT projects and RPA (Robotic Process Automation) or (future) AI (artificial intelligence) which can have impact on MBE financial and/or regulatory reporting.
• Coordinate and inspect related results on MBE Finance outsourced activities including their periodic evaluation.
• Review the results (TOD, TOE) of respective controls at outsourced (internal/external) parties within the finance domain
• Lead the set-up of enhanced (or new) controls for finance in strategical projects (such as system implementations, internal restructuring etc.);
• Align efforts on control testing with second line (ORM) and together make sure control testing is covering appropriate scope and performed efficiently
• Conduct continuous on-going reviews of existing cycles, processes and controls to identify and recommend improvements to the process that would enhance operational efficiency and minimize issue/external audit findings.
• Assist and support business units in enhancing their process & controls in SOX scope where deficiencies and issues have been identified.
• Ensure compliance with the Bank’s policies, procedures and guidelines together with all relevant regulatory and statutory requirements where appropriate taking actions to protect the Bank’s business at all times.

In order to be successful in the role, you will need the following:

Skills and experience:

• University degree by a respective education in the field of control or audit.
• Post master in domain of auditing and/or IT auditing is required (RA/ACCA/CISA etc.)
• Minimum 5-8 years of relevant  experience working in the financial services industry or one of the big 4 (audit) firms conducting external/internal audits of the banking industry.
• Experience in leading a team and supporting its growth.
• There should be affinity and experience with developments and risk and controls in the IT domain
• Experience with SOX/SEC audits and their requirements (IT/Business controls)
• Experience with GRC systems and in particular OpenPages would be considered a plus.
• Proficient in written and spoken English. Other languages like Dutch or Japanese would be considered a plus.
• Be an expert in risk and business controls, with deep knowledge of core banking and treasury products as well as finance processes.
• Thrive in a dynamic environment by effectively managing deadlines, leading a team, and building strong relationships with stakeholders across MBE.
• Experience with applications for flowcharting would be a plus
• Travel to other locations (such as Germany and United Kingdom) is occasionally required (0%-10%)
• MBE has a hybrid working policy with around 2-3 days in office and 2-3 days working from home (for a 5-days work week)

Personal requirements:

Integrity and Responsibility

• Balance Risk with Opportunity
• Customer Focus
• Demonstrate Global Perspective

Professionalism and Teamwork

• Drive For Results
• Collaborate and Build Partnerships
• Communicate Effectively and Professionally

Challenge Ourselves To Grow

• Influence and Inspire Others
• Lead Change & Seek Continuous Improvement
• Think Strategically
• Manage and Develop Talent

What do we have to offer:

We offer you a role in one of the largest banks of the world in a growing and international environment.  You have various opportunities to develop yourself and we will support you with that by offering various training and development possibilities.

• We take into account your home situation and your ambitions and help you to balance work and private life.
• Monthly team events.
• To work in an ambitious, international environment with colleagues from different countries and cultures, who strive for the best.

Besides that we will offer you:

• Gross salary based on experience and consistent with the market
• 8% holiday allowance and 13th month payment.
• 30 vacation days per year. Optional you can buy 15 additional days.
• Commuting allowance based on annual public transport 2nd class, most economical way, or € 0,23 per km with a max of 75km one way.
• €5,00 net remote working compensation per day, with a maximum of €60,00 per month.
• Possibility to order a mobile phone (up to €800,-)
• Possibility to order Office Equipment’s for the home office, (up to €500,-)
• Remote Working Policy i.e. Working From Home (WFH) and Remote Working in another Country.
• Bicycle plan (fiscal benefit)
• Company fitness (fiscal benefit)
• Mental health workshops and budget for external courses (i.e. Dutch language classes).
• Employee contribution towards Pension insurance (max 5%, currently 2%), our pension scheme is based on a defined contribution scheme.
• Training & development possibilities paid by the bank

Additional information:

Acquisition in response to this vacancy is not appreciated.

The role is based in the Netherlands. All candidates need to be willing to relocate to the Netherlands. Internal employees will be supported in case of relocation.

We are open to considering flexible working requests in line with organisational requirements.

MUFG 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.