At a Glance
- Tasks: Join the GCIB Business Management Team to monitor and report on operational risks.
- Company: Be part of a leading global financial services group focused on corporate and investment banking.
- Benefits: Enjoy flexible working options and opportunities for professional growth.
- Why this job: Gain hands-on experience in risk management while collaborating with diverse teams.
- Qualifications: Degree level education or business management expertise required; strong communication skills essential.
- Other info: Proactive candidates who thrive under pressure will excel in this dynamic role.
The predicted salary is between 36000 - 60000 £ per year.
Get AI-powered advice on this job and more exclusive features.
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.
Overview Of The Department/Section
GCIB incorporates the Corporate Banking Division (EBD) for EMEA and the Investment Banking Division for EMEA (EIBD). The GCIB Business Management function is responsible for supporting the management and business units within GCIB from, inter alia , a strategic, operational and governance perspective ensuring the business maintains its ‘license to operate’.
Main Purpose of the Role
Operate as a member of the GCIB Business Management Team responsible for the key monitoring and reporting tasks on behalf of GCIB to ensure that the business maintains its ‘license to operate’. Working closely with Compliance (incl. FCOE), Risk, Audit and Business areas within GCIB EMEA to monitor, identify, report and reduce operational risk.
Key Responsibilities
Leadership & Strategic Development
- Work as an integral member of the Business Management Team to ensure it operates efficiently and optimally, and taking responsibility for driving through the requisite change to achieve this
- As a member of the GCIB Business Management Team support the wider business, where necessary, in performing key administrative tasks in an efficient and responsive manner
- Take responsibility for identifying and reporting of risk, governance, regulatory related issues by escalating identified breaches to line manager/management
- Support Team Head through preparation of materials, documents and policies in order for them to present/report to management, both in EMEA and HO, on operational and compliance related risks/issues. Provide solutions and direction and then work alongside the wider business to implement changes.
- Assist with delivering projects/initiatives and audits for GCIB as required
- Support GCIB on various working groups as required
Financial
- Provide appropriate support to enable the front offices in their delivery of the financial targets set for EMEA GCIB
Operational Management
- Update and maintain various reports to ensure that correct information is captured and monitored on an ongoing basis and reported as necessary
- Develop an excellent understanding of all core systems and procedures within GCIB that are required to effectively monitor and test the robustness of internal controls.
- Liaise with internal and external stakeholders across the three lines of defence to improve business practices, policies and guidelines as well as mitigation of risk
- Assist in the development of new processes and procedures to deliver improvements and innovations across the business. Drive these policy changes through to implementation supporting relevant business areas.
- Undertake any appropriate ad-hoc exercises/reporting as assigned
- Update team procedures/documentation as required
- Liaise with EPD and Global businesses in respect to business practices, policies and guidelines, look to implement and inform relevant GCIB businesses;
Global Collaboration
- Act as a central contact point and liaise directly with Risk, Compliance, Internal & External Audit, Finance and other support functions in a wider GCIB role and/or for specific business lines
- Build relationships throughout MUFG to establish a peer network, gather relevant information and help to ensure effective interactive inter-departmental collaboration
- Develop and maintain strong relationships with key stakeholders within MUFG both regionally and globally
Governance, Risk & Compliance
- To work actively with GCIB teams and internal risk management departments to strengthen the identification and management of operational and compliance related risks impacting GCIB
- Act as the first line of defence for GCIB in relation to first line controls – aiding GCIB to manage operational risks and ensure internal procedures are followed
- Assist in the preparation of internal/external audits
- Support Business Management team and wide GCIB teams as Secretariat at Risk Advisory Forum (RAF), Watch Forum and any other Forums as required.
- Manage reporting and investigation of incidents whilst adhering to internal deadlines and escalating accordingly.
- Support in reviewing and ensuring GCIB’s RCSA and information on Open Pages is accurate and up to date.
- Prepare MI for relevant meetings/committees/ conferences
- Support the resolution of actions relevant to the development of GCIB’s internal control framework (for example Audit, Compliance, Operational Risk etc.)
- Provide support and advice to Front Office teams in relation to New Product Approvals (NPA) and manage requirements to ensure NPA’s requirements are being met on an ongoing basis, including monitoring of restrictions and conditions.
Work Experience
Essential:
- Previous experience of the overall financial management and control of a front office business function, ensuring compliance with corporate governance, legal and regulatory requirements
Skills And Experience
Functional / Technical Competencies:
Essential
- Sound business and market awareness
- Proactive, ability to multi-task and manage ever changing and often conflicting priorities; Ability to work with a high level of motivation and initiative;
- Strong communication and interpersonal skills with a high level of motivation and initiative
- Good financial and business planning capability
- Understanding of the Corporate & Investment banking business and product suite
- An appetite for information and an ability to prioritise and present valuable conclusions and summaries
- Strong numerical, written and verbal communication skills, ability to communicate effectively at all levels
- Good presentation skills and ability to be persuasive in order to guide and influence resources over which the role has no direct control
- Detail conscious, ensuring reliability at all times, and committed to producing high quality and professional work in a team environment
- Ability to deal with people of all types and personalities at all levels
- Good written communication – especially important due to the interaction with senior management
- Good IT skills – particularly Excel and PowerPoint
Education / Qualifications:
Essential
- Degree Level/or Business Management expertise
Preferred:
- Relevant industry expertise
- Experience in using Open Pages
Personal Requirements
- Excellent communication skills
- Results driven, with a strong sense of accountability
- A proactive, motivated approach.
- The ability to operate with urgency, to work on a number of projects concurrently and prioritise work accordingly
- Strong decision-making skills, the ability to demonstrate sound judgement
- A structured and logical approach to work
- Strong problem-solving skills
- A creative and innovative approach to work
- Strong interpersonal skills
- The ability to manage large workloads and tight deadlines
- Excellent attention to detail and accuracy
- A calm approach, with the ability to perform well in a pressurised environment
- Strong numerical skills
- Good Microsoft Office skills (specifically Excel and Power Point).
We are open to considering flexible working requests in line with organisational requirements.
MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.
We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.
Seniority level
- Entry level
Employment type
- Full-time
Job function
- Business Development and Sales
- Industries
- Financial Services and Banking
#J-18808-Ljbffr
Associate - Business Management employer: Mitsubishi UFJ Financial Group
Contact Detail:
Mitsubishi UFJ Financial Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Associate - Business Management
✨Tip Number 1
Familiarize yourself with the key functions of the GCIB Business Management Team. Understanding how they support compliance, risk management, and operational efficiency will help you demonstrate your knowledge during interviews.
✨Tip Number 2
Network with professionals in the Corporate and Investment Banking sectors. Building relationships with individuals who work in similar roles can provide insights into the company culture and expectations, which can be invaluable during your application process.
✨Tip Number 3
Stay updated on current trends and regulations affecting the banking industry. Being able to discuss recent developments or challenges in the sector will show your proactive approach and genuine interest in the field.
✨Tip Number 4
Prepare to discuss your problem-solving skills and how you've managed multiple priorities in past roles. The ability to handle pressure and deliver results is crucial for this position, so have specific examples ready to share.
We think you need these skills to ace Associate - Business Management
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in business management, compliance, and operational risk. Use keywords from the job description to demonstrate that you understand the role and its requirements.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the position and explain how your skills align with the responsibilities outlined in the job description. Mention specific experiences that showcase your ability to manage risks and support business operations.
Highlight Relevant Skills: Emphasize your strong communication, problem-solving, and analytical skills. Provide examples of how you've successfully managed projects or improved processes in previous roles, particularly in a financial or corporate environment.
Proofread Your Application: Before submitting your application, carefully proofread all documents to ensure there are no spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which are crucial for this role.
How to prepare for a job interview at Mitsubishi UFJ Financial Group
✨Understand the Business Management Function
Make sure you have a solid grasp of what the GCIB Business Management function entails. Familiarize yourself with how it supports management and business units, especially in terms of operational risk and compliance. This knowledge will help you demonstrate your understanding of the role during the interview.
✨Showcase Your Communication Skills
Given the emphasis on strong communication and interpersonal skills, prepare to discuss examples from your past experiences where you effectively communicated complex information to various stakeholders. Highlight your ability to influence and guide resources, even when you don't have direct control over them.
✨Demonstrate Problem-Solving Abilities
Be ready to share specific instances where you've successfully identified and resolved issues, particularly in a fast-paced environment. The interviewers will be looking for your structured and logical approach to problem-solving, so think of examples that showcase your creativity and innovation.
✨Prepare for Financial and Operational Discussions
Since the role involves financial targets and operational management, brush up on your financial management knowledge and be prepared to discuss how you can support front offices in achieving their goals. Familiarize yourself with key financial concepts and be ready to explain how you would monitor and report on operational risks.