Sourcing & 3rd Party Risk Manager
Mitsubishi UFJ Financial Group (MUFG) is one of the world’s leading financial groups with total assets of approximately $2.6 trillion*. MUFG is headquartered in Tokyo and has a global network that includes 2,200 offices in about 50 countries. With over 140,000 employees, MUFG provides access to commercial banking, trust banking, securities, credit cards, consumer banking and finance, asset management, leasing, and other services.
~Technology Allocations portion:
Prepare, maintain and analyze cost data for the technology department.
Work closely with departments and business leaders to present how new expenditures will impact the global IT expense base and departmental cost allocations.
Calculate and analyze labor, equipment, depreciation costs
Establish and maintain value of inventory
Conduct invoice and A/P audits
Ensuring all of procurement processes are incompliance with MUFG standards and
the associated budget to the contracts (capital and/or expense funded) is aligned;
Reviewing procurement submissions are comprehensive, coherent and complete;
Providing guidance and feedback to project managers to procurement procedure iniquities, if not take the initiatives to find the solution and/or alternatives;
Navigating and updating information in various database systems;
Updating and maintaining internal status reports pertaining to budget and procurement progress;
Establishing and maintaining open and constant communication with counterparts within MUFG
Compiling and preparing payments and/or procurement packages for internal review and external oversight approvals;
Brainstorming and assisting in the development of standardized forms or systems, where possible, to streamline the departments procurement process;
Making recommendations to departments regarding budget and procurement exercises;
Experience conducting financial analysis and research
Organize and analyze complex data
Focus on supplier relationship management primarily for IT categories
Manage competitive bidding process from creation of documents through supplier selection
Create and distribute POs, facilitate bids, provide light sourcing support, etc.
Experience utilizing Procure-to-Pay purchasing systems
Familiarity with reading and understanding of basic contractual agreements
Communicate effectively both orally and in writing with leadership, lawyers, staff, managers, and suppliers
Third Party Management Portion:
Tracking and reporting on third party risk activities including supplier scorecards, meeting minutes, issues, and exit strategy plans.
Monitoring and analyzing all risks associated with third parties in scope and determine overall risk profile and health the third parties.
Partnering with the Business Supplier Relationship Manager with third party exits and associated project plans.
Review and update program documentation and procedures to ensure alignment with MUFG policy and regulatory requirements.
Drive to common by working with TPRM team to develop effective and efficient processes.
Work with the Enterprise Supply Chain and Sector TPRM teams on projects, information requests, and ongoing due diligence activities.
Ad hoc reporting and metric development as needed
FITs invoicing portion:
Track, reconcile, & allocate market data invoices by utilizing FITS
Assist in maintaining market data inventory