Analyst, Operational Risk Oversight - FTC

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Operational Risk Management (ORM) is responsible for supporting the EMEA Chief Risk Officer in developing and maintaining the effectiveness of the Operational Risk Management and Fraud Risk Management Frameworks across MUFG EMEA. The Operational Risk Department is part of the firm’s Risk Management function and provides second line Operational Risk (including Fraud Risk) oversight and challenge for the firm’s front office and support / control functions.

Analyst role to support the further development and implementation of ORM in MUFG EMEA

• Support the ORM team for the ongoing development, enhancement and maintenance of both the Operational Risk and Fraud Risk Management frameworks
• Contribute to embedding a healthy risk culture within the organisation and a strong 3
  
  LoD model
• Support senior management self-assessment of adherence to policy/framework
• Support wider ORM and Fraud Risk reporting and monitoring, including maintaining the EMEA Fraud Risk Register and updating and analysing Open Pages risk and control data for inclusion in appropriate committee presentation materials
• Pursue the objectives of the department by carrying out the personal objectives agreed from time-to‑time with the Chief Risk Officer and/or Head of ORM

The role sits in the Operational Risk Management team and offers the candidate exposure to firm wide ORM and Fraud Risk management policies & processes and requires flexibility to support initiatives and BAU tasks performed by the wider Operational Risk team.

• Assist in the development and implementation of the Operational Risk and Fraud Risk Frameworks
• Assist in the Operational Risk and Fraud Risk Frameworks training and awareness to First Line and Second Lines teams and across EMEA offices
• Assist in the development and delivery of Fraud Risk policies, processes and controls
• Support the review and coordination of the EMEA Operational Risk Working Group meetings to help facilitate EMEA wide risk assessment and effective management
• Provide review and challenge assistance to ensure the effective identification and management of Operational Risks, including Fraud Risk and control weaknesses by the First Line & Second Line business and support functions and the EMEA offices
• Identify and implement opportunities to enhance the overall Operational Risk Management Framework
• Assist with refresh of Risk and Control Self Assessments
• Support the development and second line of defence oversight of ad‑hoc project work (e.g. implementation of new regulatory requirements and/or new internal initiatives from Head Office).
• Contribute to and support the deep dive reviews conducted independently by Operational Risk Management and contribute to the report write up and recommendations contained within them
• Support the coordination of the annual updates to the Operational Risk mandatory LEAP training module and obtain completion rates to facilitate a wider management review process
• Aid the enhancements required to maintain and improve upon risk data stored within Open Pages and analyse Open Pages data to identify data quality issues which require further development

• Experience of working on / good understanding of the design and implementation of Fraud risk framework and Operational Risk governance reporting…