Senior Associate Director, Third Party Management

<h3>Company Description</h3><p>Experience something Brilliantly <strong>Different </strong>with a career at MUFG Investor Services.   </p><p>Who are we? In a nutshell, MUFG Investor Services is part of the Mitsubishi UFJ Financial Group, and we partner with over 480 loyal global investment firms to provide them with administration, asset services, banking and fund financing. </p><p>We’re in 14 global locations and provide an exceptional hub of Brilliantly <strong>Different</strong> talent to thrive.  </p><p>#LI-Hybrid </p><h3>Job Description</h3><p><strong>Role Purpose</strong></p><p><strong>Reporting to Head of Third Party Management team, assisting with responsibility for maintaining and implementing the Third-Party Management governance framework and supporting the Head of Controls in meeting their responsibilities. </strong></p><p> </p><p><strong>Role and Responsibilities (max 10 items)</strong></p><ul><li>Assist with the implementation and maintenance of the group Third Party Management governance framework with respect to all third party provider engagements to include outsourcing arrangements, ensure compliance with same across the organisation, and perform ongoing review of its effectiveness in identifying, reducing, controlling and reporting key outsourcing risks that impact clients and the business.</li><li>Assist in ensuring third-party risk management and outsourcing policies and procedures adhere to regulatory standards.   Responsible for keeping up to date with changing regulations in relevant jurisdictions and application of knowledge to role. Co-ordinate with Compliance, Operational Risk and internal /external audit to meet group and regulatory requirements.</li><li>Act as point of contact:<ul><li>For outsourcing related queries and provide guidance and training in line with third party management and outsourcing policy, procedures and regulations to the internal clients and stakeholders; and</li><li>between the parties to outsourcing arrangements, as required, and maintain a team spirit and collaborative approach.</li></ul></li><li>Oversee, advise and support all parties in the performance of all ongoing monitoring and periodic reviews of Third Party engagements to include outsourcing arrangements, to include on site inspections, and assessment of all proposed new engagements and maintain records of these outsourcing oversight activities.  </li><li>Identify third party management issues and risk trends, with attention to outsourcing regulatory requirements, at the earliest opportunity, agree remedial action and where possible implement best practice in alignment with favourable trends.</li><li>Assist in maintaining the group records of Third Party Providers and Outsourcing Registers, drafting and distribution of documentation for the completion of assessments, ongoing monitoring and periodic reviews.</li><li>Continuously look to automate and develop the third party management processes for efficient completion of third party management governance.</li><li>Assist in reporting to the Outsourcing and Risk Committees, the Boards of all outsourced service receivers and MUTB on the third party management governance framework.</li><li>Prepare and deliver Client due diligence presentations as directed. Participate in client due diligence, RFPs or external third-party provider assessments as required</li><li>Manage, support and train other members of the Third Party Management team as necessary</li></ul><p> </p><h3>Qualifications</h3><p><strong>Education Requirements</strong></p><ul><li>Primary level degree in law, business, finance or a relevant professional qualification.</li></ul><p><strong>Work Experience</strong></p><ul><li>At least 10 years’ experience working in the fund administration industry or other relevant industry experience. This can include other administrators, investment managers or fund auditors.</li><li>Prior experience of in-house legal practice, third party management, risk or compliance in the financial services industry.</li></ul><p> </p><p><strong>Functional/Technical Skills and Knowledge Requirements </strong></p><ul><li>Expert knowledge of outsourcing regulatory regimes in relevant jurisdictions</li><li>Expert knowledge of risk assessment and management.</li></ul><ul><li>Strong computer skills with strengths in Microsoft Office products. Proficiency with Microsoft Excel is particularly an asset.</li><li>Preference will be given to a candidate with a working understanding of fund administration industry.</li><li>Sound knowledge and experience of outsourcing/third party management framework and the ability to implement and apply to the business.</li><li>Excellent analytical and communication skills (Written &amp; Verbal). </li><li>Strong influencing and Relationship Management skills conducted with integrity and sound judgement.</li><li>Experience with fund accounting software would be beneficial but not necessary.</li><li>Ability to project manage across jurisdictions / loc