Operational Risk; Markets & Corporate Functions), Director

Join to apply for the ORM Business Coverage (Markets, Corporate Functions), Director role at MUFG

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Join to apply for the ORM Business Coverage (Markets, Corporate Functions), Director role at MUFG

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 120,000 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.

Reporting to the Director of Risk and Control Governance and Oversight under the Head of Central Risk and Control Office (CRCO) and within the Chief Corporate Administrator's Office (CCAO), the Vice President (VP) of Risk and Controls Governance and Oversight is responsible for supporting the centralized coordination and oversight across all front line and support units (Business Units or BUs) to ensure effective risk management and internal controls across the enterprise.

Additionally, the VP of Risk and Control Governance and Oversight is responsible for assisting with the administration of committees for oversight of remediation of high impact issues and working groups to facilitate communication and coordination across the 1st, 2nd and 3rd Lines of Defense (LOD) and CRCO group operations and change management.

Responsibilities:

• Support the oversight and monitoring of 1st LOD Business Unit Risk and Control Officers (BURCOs) execution or facilitation of execution of assessments and activities for all in-scope risk types required by the 2nd LOD (e.g. RCSAs, IRM, Compliance, etc.)
• Support the coordination and administration of the executive committee responsible for oversight of enterprise controls and remediation of high risk issues.
• Support the coordination and administration of the Central Risk and Controls Working Group (all lines of defense), Risk and Controls Steering Forum (CRCO and BURCOs), and any other CRCO owned committees, working groups and forums.
• Through working groups, forums and ad-hoc communications facilitate coordination and training among BURCOs, 2nd and 3rd LOD for new or changed laws and regulations, 2nd LOD requirements or risk and control other matters.
• As required, partner with the 2nd line, to provide training on 1st and 2nd LOD testing requirements and effective internal control systems.
• Participate in projects together with the three lines of defense to align governance, risk and compliance (GRC) business processes, policies, and systems on behalf of CRCO.
• Support project with 1st LOD and 2nd LOD teams to establish and maintain an enterprise level key controls inventory with process maps, narratives and control descriptions, as well as links to related risks and regulatory requirements.
• Support the coordination, and where required prepare, materials for all CRCO reporting commitments (e.g. Executive Committee of the Americas, Board of Directors, Tokyo, Q , CCAO, regulators etc.). Provide quality control over all CRCO Reporting.
• Through partnership with the Head of Central Risk and Control Governance and Oversight, Director of Issues Management Reporting and BURCOs, support efforts to enhance existing reporting for individual BUs and aggregated for the enterprise on open issues management and risk and controls effectiveness.

• Bachelor's…