**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. **Job Summary:** As a VP, Model Risk Manager within Quantitative Risk Control (QRC), the candidate is responsible for the management of enterprise-wide model risks associated with the Bank's development, deployment, and maintenance of quantitative models. **Key Accountabilities:** Model Validation: + Independently validate quantitative models in the MUFG Americas model inventory. + Assessment of model conceptual soundness, evaluation of data and assumptions, testing model computational accuracy, and performing outcomes analysis (such as back-testing and benchmarking). + Monitor model performance reports on an ongoing basis to ensure models remain valid. Program Enhancement: + Assist in developing, maintaining, and implementing the Bank's Model Risk Management Program. + Contribute to establishing standards for managing areas of model risk: Development and implementation, governance and documentation, and model performance. + Consult with model users on the design of effective model operational controls. Maintain Model Inventory: + Conduct quantitative process assessment. + Coordinate the resolution of findings with model owners and users, recommend management action plans, and track remediation progress. + Perform Annual Inventory review. Collaboration: + Support relationships with model owners and users. **Technical Skills:** + Statistical modeling, data and multivariate analysis. + Multiple Linear Regression, Decision Trees, Logit Modeling, Time Series Modeling, Monte Carlo Simulations. + Computer programming skills Knowledge of US regulatory requirements including SR 11-7. + Verbal and written communication skills and project management. **Experience and Abilities:** + 7+years experience within the financial services industry including knowledge of US regulatory requirements + Strong verbal and written communication skills + Strong project management skills **Education and Training:** + Master's or PhD in Financial Engineering, statistics, mathematics or related field The job description and related application pertains to an opportunity with either MUFG Bank, Ltd., Canada Branch (“MUFG Bank Canada”) or MUFG Securities (Canada), Ltd. (“MUFG Securities Canada”). The job description relates to the general nature, scope, quantity and quality of work contemplated for the position. Other duties and responsibilities not specifically described may be assigned from time to time, consistent with knowledge, skills and abilities of the incumbent. The receipt of an application by either MUFG Bank Canada or MUFG Securities Canada, as applicable, does not imply or guarantee employment. Each of MUFG Bank Canada and MUFG Securities Canada is an equal opportunity employer. • As a federally regulated entity, MUFG Bank Canada is required to comply with applicable laws which prohibit discrimination based on protected grounds and which require accommodation to individuals in accordance with the requirements outlined in the Canadian Human Rights Act and the Canada Labour Code. Where MUFG Bank Canada obtains information relating to protected grounds under the Canadian Human Rights Act as part of the application process, it does so to monitor and otherwise evaluate its own compliance with such legislation and associated regulatory requirements; MUFG Bank Canada does not use such information for decision making purposes relating to the position contemplated in this application. • As a provincially regulated entity, MUFG Securities Canada is required to comply with applicable laws which prohibit discrimination based on protected grounds and which require accommodation to individuals in accordance with the requirements outlined in the Human Rights Code (Ontario) and the Employment Standards Act (Ontario). Where MUFG Securities Canada obtains information relating to protected grounds under the Human Rights Code (Ontario) as part of the application process, it does so to monitor and otherwise evaluate its own compliance with such legislation and associated regulatory requirements; MUFG Securities Canada does not use such information for decision making purposes relating to the position contemplated in this application. At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them! **Our Culture Principles** + Client Centric + People Focused + Listen Up. Speak Up. + Innovate & Simplify + Own & Execute