Senior Environmental Risk Officer, VP - Remote/CAApply Now
- Requisition # 10046270-WD
- Job Type Day
- Location Sacramento, CALIFORNIA
- Date Posted 08/31/2021
Your potential. Your opportunity.
Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world (as ranked by S&P Global, April 2020). In the Americas, we’re 13,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, developing positive relationships built on integrity and respect. It’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. We’re a team that accepts responsibility for the future by asking the tough questions and owning the solutions. Join MUFG and be empowered to make your voice heard and your actions count.
This is a remote position. A member of our recruitment team will discuss location preferences with you in more detail.
Some MUFG roles require that individuals be fully vaccinated against COVID-19, subject to medical and/or religious exemptions, if applicable. Should you be selected for an interview, your recruiter will provide additional information.
This is a senior level position within Environmental Risk Management (ERM) of MUFG UB (MUB) Valuation Services, requiring a high degree of specialized technical ability and excellent communication skills. Must be able to perform duties independently, and must demonstrate initiative in researching, analyzing, and resolving complex environmental/hazardous materials issues.
- Evaluates the environmental condition of the most complex sites (including collateral for new real estate secured loans, pre-foreclosures, bank acquisitions, participations, trust real estate, corporate real estate, and owned real estate), as well as for routine sites, by performing the following functions:
- Reviews the nature of the request for environmental services, previous environmental reports, and defines the scope of work to be conducted.
- Contracts with environmental consultants to conduct the defined scopes of work.
- Reviews environmental reports for technical accuracy, compliance with the scopes of work, and reasonableness of conclusions.
- Accepts, rejects, or modifies environmental reports.
- Defines, in financial terms, the potential environmental liability of a site.
- Provides a written evaluation to the requestor for integration into the new loan, foreclosure, acquisition, Trust, or ORE process.
- Provides environmental input to account officers, asset managers, credit administrators, and the legal department.
- Reviews environmental reports prepared by consultants engaged by borrowers, applicants, or property owners for accuracy and conformance to MUB standards, and accepts, rejects, or modifies the reports on behalf of the Bank.
- Independently oversees the investigation and remediation of Trust/Bank-owned or Bank-responsible contaminated sites, including remediations from 1 year to 10 or more years in length, and ranging from $10,000 to several million dollars. Related duties include interacting and maintaining a relationship with the appropriate regulatory agency; ensuring compliance with regulatory agency requirements; preparing bid requests to obtain economic solutions; contracting with consultants and subcontractors to define the extent of the problem; selecting and implementing treatment and remediation methods; maintaining budgets; implementing cost controls; and working with legal counsel to defend lawsuits against the Bank and in searching for other responsible parties to share (possibly via litigation) in site clean-up expenses.
- Selects and manages the lists of ERM approved environmental consultants and performs quality control.
- Assists the ERM Manager in the training and development of loan officers and more junior ERM staff.
- Assists the ERM Manager in developing, implementing, and administering the more complex policies and procedures for ERM, including updating the ERM Policy and Procedures Manuals, Real Estate Valuation User’s Guide, and the maintenance of the due diligence Scopes of Work and the Master Consultant Contracts.
- Researches and analyzes complex environmental issues and legislation (e.g., lender liability, ASTM standards, environmental insurance, other financial institutions' standards), and submits findings and recommendations to the ERM Manager for potential use in updating ERM and Bank policies.
- Conducts administrative tasks including: preparation of quarterly environmental risk/hazardous materials reports for use by senior management and the Bank’s accounting firm; providing recommendations to the ERM Manager regarding California Banker’s Association and Environmental Bankers Association issues; and, monitoring/disclosing reportable hazardous materials incidents to the State Department of Toxic Substances Control.
- Works with the Bank's legal counsel in the interpretation and resolution of complex environmental issues; assists counsel in the preparation of legal defenses against environmental-related lawsuits; and serves as a resource to legal counsel in the obtaining of environmental information, technical information, and trends in the industry.
- Performs other duties as determined by the ERM Manager.
- Excellent technical reading and writing skills are required to prepare technical reports and to prepare responses to technical reports.
- Analytical reasoning to estimate potential environmental liability accurately.
- Ability to perform mathematical calculations and to review complex data.
- Ability to train subordinates and loan officers.
- Advanced communication skills to confer with loan officers, asset managers, senior management, legal counsel, consultants, and regulatory agencies.
- Ability to explain complex environmental issues in “layman’s” terms.
- Ability to independently evaluate the most complex environmental sites, issues, and policies.
- Bachelor’s Degree in Environmental Health/Science, Natural Science (Biology, Chemistry, Geology, etc.), or related field;
- Environmental Professional (EP)
- At least ten years environmental assessment and remediation experience, with at least 4 years directly related to real estate transactions and the environmental liability concerns of lending institutions preferred.
- Federal, state, and local environmental laws and regulations pertaining to hazardous materials, hazardous wastes, underground storage tanks, and water quality;
- Federal, state, and local regulatory agencies with environmental jurisdiction;
- Industrial manufacturing processes, chemistry and laboratory techniques, sampling protocols, groundwater principles, sampling and monitoring equipment, treatment and remediation technologies, investigation and remediation costs, health and environmental impacts of chemical contamination, and generally accepted environmental due diligence practices;
- Professional registration desired but not required.
- Computer literacy; MS Office
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 / Affirmative Action 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 in employment decisions on the basis of any protected category.
A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it's the bank's policy to only inquire into a candidate's criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.