Company Description

About MUFG Investor Services:

MUFG Investor Services is a trusted partner to many of the world’s largest public and private funds, providing asset servicing and operational solutions built for alternatives. With over $1 trillion in client assets under administration, we offer fund administration, banking, payments, fund financing, foreign exchange overlay, corporate and regulatory services, custody, business consulting, and more. Operating from 17 locations worldwide, we help clients mitigate risk, enhance efficiency, and navigate the operational complexities of today’s investment management landscape. As a division of Mitsubishi UFJ Financial Group (MUFG), one of the world’s largest financial institutions with approximately $3 trillion in assets, we combine deep expertise with the strength and stability of a leading financial institution. To learn more, visit us at www.mufg-investorservices.com.

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Job Description

The ED, Enterprise & Change Risk Management is responsible for supporting the Global Head of Risk and CRO in the development and ongoing management and maintenance of the Enterprise and Change Risk Management Framework. The role also involves supporting key frameworks such as Risk Appetite Statements (RAS), ICAAP, and risk-related policy reviews.

The ED, Enterprise & Change Risk Management will work closely with all stakeholders across the organization, including Project Management, Strategy and other Risk and /or Control functions, to review and challenge ongoing business, strategy, technology and regulatory change, and ensure effective governance of enterprise risk. This role will also contribute to strategic risk initiatives such as ESG risk management, regulatory compliance and risk frameworks supporting Company strategy.

Additionally, the ED will support the review and enhancement of risk reporting to Risk Committees (RC) and Boards, ensuring comprehensive and insightful risk visibility.

Ongoing and periodic review and assessment of MUFG's Risk Management Framework and oversight of remediation programs
Periodic reviews of the Risk Appetite Statements, development of Risk Appetite Measures as well as monitoring and reporting thereof
Review of the annual Internal Capital Adequacy Assessment Process (ICAAP) reports
Coordination of company’s annual Insurance renewal program and ongoing maintenance and assessment
Risk Assessments of New Products, Services and Strategic Initiatives as well as Business As Usual services, departments or processes
Monitor and assess pipeline of business cases and other change initiatives and work closely with Strategy and Project Management
Participate and, as needed, lead cross functional reviews and assessments, including Scenario Analyses, Risk Events and Root Cause Analyses, Risk Issue remediation.
Production and continuous enhancement of Risk Reporting, (statistical/ trend analysis, remediation tracking and KRI/KPI management) ensuring effective visibility and insights for governance committees
Assess the use and effectiveness of eGRC tools used by the Risk departments and those of other controls functions to ensure they comply with the RMF
Conduct deep dive risk assessments or other projects as required
Assess new and emerging international regulations relating to Risk Management and establish communication / implementation plans as appropriate with Risk and Compliance colleagues
Work with Risk colleagues to ensure departmental publications are consistent with the wider framework and company strategy
Work with the Head of Risk to continuously assess emerging risk and lead appropriate improvements as required

Qualifications

Educational Requirements

Post-secondary degree in accounting, finance, law, economics, business or a related discipline
Professional qualification in risk or a related discipline would be preferred

Work Experience

10+ years’ experience in risk and change management in a financial institution or comparable experience
Demonstrated leadership skills and delivery of successful change
Solid understanding of broader risk frameworks
Experience with risk and new initiatives assessment practices
Experience working with IT and Third Party risk is favourable
Experience in roles requiring product and process management assessment and implementation

Functional Skills

Knowledge of financial services practices, plans and trends on risk and controls
Ability to plan, organize workload and solve problems effectively
Ability to see the bigger picture, think creatively to provide alternative solutions and meet deadlines
Ability to resolve conflicts and manage stakeholder sensitivity
Knowledge of assessment of risk and controls.
Ability to work independently
Knowledge and understanding of regulatory requirements for risk management, as well as risk requirements and guidelines
Working knowledge of Fund administration business
Knowledge and understanding of Data visualization tools like Power BI.
Hands-on knowledge of risk assessment techniques with strong cross-experience in financial services / fund services / IT
Project management skills and ability to analyze project progress and direct / redirect team efforts
Advanced ability with Microsoft Office suite of applications
Advanced proficiency in Microsoft Excel and experience of onboarding new systems / technology is preferred.

Additional Information

What’s in it for you to join MUFG Investor Services? 

Take a look at our careers site and you’ll find everything you’d expect from a career with the fastest-growing business at one of the world’s largest financial groups. Now take another look. Because it’s how we defy expectations that really defines us. You’ll feel that difference in all kinds of ways.  Our vibrant CULTURE. Connected team. Love of innovation, laser client focus, and next-level LEARNING & DEVELOPMENT.  Oh, and we really walk the talk when it comes to HYBRID WORKING.   

So, why settle for the ordinary?  Apply now for a Brilliantly Different career. 

We thank all candidates for applying; however, only those proceeding to the interview stage will be contacted.

Executive Director, Enterprise & Change Risk Management

Job Description