Head of Risk & Controls for Operations, Managing Director

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. 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.

This is a hybrid position. The selected colleague will work at an MUFG office or client sites up to four days per week and work remotely the remaining day(s). A member of our Talent Acquisition team will provide more details.

Job Summary

As the Head of Risk & Controls for GCIB (Global Corporate & Investment Banking) Operations, you will be responsible for all risk matters and functions for Operations in the Americas (bank and securities), as well as coordinating global risk activities into the Americas. This role will focus on maintaining and enhancing a comprehensive risk and control program governance and reporting framework which includes program development, execution, reporting and monitoring. You will partner with Operations SMEs in evidencing a strong risk and control framework across all applicable risk types.  As someone at the top of your profession, you are recognized as a thought leader and trusted advisor and consistently represent your organization, engaging with the company’s executives and regulators. You have the finely honed analytical thinking and iterative problem- solving skills required to drive significant business objectives as well as short- and long-term planning and implementation. In the process, you will be at the forefront of strategy and innovation as your contributions have a tremendous impact on the business.

Major Responsibilities:

• Execute a strong governance program for risk and control programs including QC as applicable i.e. Issues Mgmt, RCSA, Fraud, Info, Policy, Third Party, Regulatory, Model/EUC, Strategic, etc.
• Coordinate and oversee risk assessments.
• Provide insightful analysis on risk data trends including root cause analyses trends.
• Provide credible challenge to business SMEs.
• Act as the Operations liaison with external regulatory or legal bodies on execution of enterprise risk program execution.
• Drive various risk and control-related projects and initiatives focused on control assessment and enhancements, and deep dives with various functional and business partners
• Ensure appropriate governance routines over remediation of regulatory, audit, and self-identified risk and control issues
• Provide accurate, timely, and comprehensive reporting to management team and other firm-wide forums on current and emerging risks, control matters, and other relevant risk topics
• Provide control-related subject matter expertise for relevant projects driven inside and outside of the Operations organization
• Facilitate interaction and strong connectivity, within the organization and across the bank, related to current and emerging risk and control topics; includes engagement with second and third lines of defense
• Perform root cause analysis on defects and ensure action plans and controls address root cause.
• Reviews issue milestone, control execution and sustainability to ensure full remediation against issue root causes and successful validations.
• Approves control design and determines control effectiveness that can be relied on by FLoD, SLoD and TLoD.
• Evaluate complaints, understand root cause and alter process controls in order to reduce complaints.
• Participate and lead various risk management and/or control committees; actively engage in discussion, providing insight and effective challenge.
• Recruit, develop, and retain key talent, ensuring that the resources dedicated to risk management are effective in carrying out the required functions
• Manage and oversee activities performed by the Business Unit Risk Managers (BURM) to provide a holistic view to senior leadership and ensure the team effectively executes required functions

Qualifications and Skills:

• Generally, expect 15+ years of experience, but other industry experience will be considered as well.
• Bachelors’ Degree (MBA or related preferred)
• Deep knowledge of Operational Risk and associated framework i.e. information security, pr