Regulatory Counsel

Title: Regulatory Counsel

Location: 1221 Avenue of the Americas

Job Description:

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.

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.

Advising MUFG business lines and support functions on legislative, regulatory, and supervisory matters, including application of, and compliance with, U.S. banking laws applicable to foreign banks operating in the U.S., as well as applicable laws and regulations of financial markets. This includes: (1) International Banking Act; (2) Bank Holding Company Act, Federal Reserve regulations (K, W, Y, YY), and Volcker Rule; (3) National Bank Act and OCC regulations; and (4) Dodd-Frank Act, including Enhanced Prudential Standards. Drafting and advising on resolution plans. Advising on capital requirements. Advising on bank mergers and acquisitions. Analyzing and researching complex legal issues and translating such research and analysis into practical and effective advice to firm officers, including executives, senior management, lines of business partners and relevant stakeholders in the U.S. and globally. Working in close coordination with stakeholders, including legal colleagues, government affairs, internal subject matter experts and strategic partners (e.g., trade associations, NGOs, law firms) in support of advocacy on relevant policy matters impacting MUFG’s operations, regulation and strategic corporate objectives. Advising on the regulatory permissibility and structuring of new and modified financial products and services. Collaborating with cross-functional teams to identify and mitigate legal, regulatory, and supervisory risks. Monitoring relevant federal and state legislative and regulatory proposals and initiatives applicable to MUFG Group and MUFG Americas, including those impacting the prudential regulation and operations of financial institutions. Advising on governance matters for banking organizations. Assisting with internal audit and supervisory examinations.

Qualifications – External

Education: Juris Doctor (J.D.) degree

Experience: 3 years of in-house, law firm, or regulatory agency experience advising on banking regulations and bank mergers and acquisitions: (1) International Banking Act; (2) Bank Holding Company Act, Federal Reserve regulations (K, W, Y, YY), and Volcker Rule; (3) National Bank Act and OCC regulations; and (4) Dodd-Frank Act, including Enhanced Prudential Standards (drafting and advising on resolution plans; advising on capital  requirements).          

Licensure: Must be admitted and in good standing before the New York State Bar

Other: Position requires employment in-office 4 days per week and remotely 1 day per week.

Wage: $133,000 to $183,000 U.S. dollars per year

Employer: MUFG Bank, Ltd.

Location: New York, NY 10020

Reference internal requisition #10075024-WD.

We are committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our people and our business; Equal Opportunity Employer: Minority/Female/Disability/Veteran.

#LI-DNI

We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.

We are proud to be an Equal Opportunity Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.