ESG Risk Framework Co-ordinator - Vice President in London

Enterprise Risk Management ("ERM") is responsible for supporting the EMEA Chief Risk Officer to implement an effective risk management framework across the MUFG Bank and Securities EMEA business and providing a holistic view of the risks facing MUFG EMEA. The ERM department is split into five core teams that cover Risk Governance, Resilience, Enterprise Sustainability & Resolvability, Model Risk Management and Risk Planning.

Responsibilities

• ERM Risk Governance maintain the enterprise-wide risk management framework, produce risk profile reporting for EMEA Risk governance forums, organise the EMEA Risk Management Committee, ensure EMEA and International Securities policies are maintained, manage the New Activity policy including new products, manage model risk governance, and facilitate EMEA Risk’s climate & environmental risk materiality assessments.
• ERM Resilience are the second line of defence for Strategic Risk which includes Capital Risk, they perform integrated stress testing including climate and environmental scenarios, maintain the enterprise-wide risk appetite framework and report risk appetite to senior management.
• Enterprise Sustainability & Resolvability are the second line of defence for Reputational Risk which includes sustainability and ESG considerations including the development of Environmental Social and Governance ("ESG") risk management frameworks, they manage the recovery & resolution planning requirements for the UK entities, support the EMEA financial crisis management framework, and manage regulatory change for EMEA Risk owned prudential and regulatory requirements.
• EMEA Model Risk Management are the second line of defence for model risk, own and maintain the model risk management framework, and perform independent model validation for risk and pricing models.
• ERM Risk Planning support the CRO in delivering the EMEA Risk strategy and business plans, oversee the risk & control environment including control testing and independent control validation, and liaison to Head Office Risk teams.

NUMBER OF DIRECT REPORTS 0, up to 3 shared resources reporting indirectly. Oversee the development of the EMEA risk management framework for ESG in collaboration with partners in other regions, Tokyo, within EMEA and with the first line of defence. Understand evolving regulatory and other stakeholder expectations and propose solutions to management that will continue to promote EMEA and MUFG’s ESG ambitions from both a business and risk perspective. Work closely with the Deputy Chief Sustainability Officer to ensure the risk framework meets the ambitions as agreed by the EMEA Sustainability Committee. Provide cover and support to other areas of the team and wider ERM responsibilities.

Leading the development, enhancement and regular maintenance of the ESG risk management framework to keep up to date and in‑line with industry best practice and Tokyo Head Office’s Group approach, including risk appetite, policy and procedures, terms of reference, templates and reports. Work closely with each risk stripe to ensure ESG risk drivers are appropriately and proportionately reflected in their own risk management frameworks, and supporting their own development as needed. Work closely with other regions to align the EMEA framework with the group and ensure efficient use of resources and adopt leading practices within the group. Manage virtual and/or physical teams to deliver on project commitments. Carry out regulatory assessments of evolving regulations impacting the region to understand potential gaps and work with 1st line and other stakeholders to propose approaches to management that align with stakeholder expectations. Work with local teams within EMEA to oversee and support their local needs from an ESG risk management perspective. Delegate where requested for Head of Enterprise Sustainability & Resolvability or Deputy Chief Sustainability Officer at relevant forums. Support the development of ESG risk disclosures to meet regulatory and stakeholder expectations across the region. Test the ongoing effectiveness of controls in relation to our risk management framework for ESG and work with stakeholders to remediate any issues. Monitor evolving market practices by peer and other firms to be a Subject Matter Expert on ESG Risk Management Frameworks. Work with other teams within Enterprise Risk and more broadly to support the department’s broader objectives and priorities, supporting cross team collaboration and cultural development.

The role holder will be assessed in accordance with their employing entity’s performance framework and process with relevant input obtained from the dual hatting entity as relevant.

Additional responsibilities

The role holder is required to follow regulatory requirements applicable to ensure each business is appropriately supported and to maintain the legal entity integrity of each of MUFG Bank and MUS. Working terms are dictated by functional mandates, the terms of the Dual‑Hat Arrangement Agreement in place between MUFG Bank and MUFG Securities EMEA plc and any other relevant agreements entered into between MUFG Bank and MUFG Securities EMEA plc. The role holder will have responsibility for identifying and resolving where there may be a difference or conflict in needs between MUFG Bank and MUFG Securities EMEA plc, escalating to their manager where required. As duties and responsibilities change, the job description will be reviewed and emended in consultation with the role holder. The role holder will carry out other duties as are within the scope, spirit and purpose of the role as requested by their line manager or Department Head. We are open to considering flexible working requests in line with organisational requirements.

Relevant experience

• ESG risk management
• Risk framework development within a financial services firm
• Regulatory assessments
• Project management experience in working with multiple stakeholders across different teams and offices

Personal requirements

• Excellent communication skills
• The ability to develop strong working relationships with stakeholders in different regions
• Results driven, with a strong sense of accountability
• A proactive, motivated approach
• The ability to operate with urgency 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
• Excellent interpersonal skills
• The ability to manage workloads and tight deadlines
• Excellent attention to detail and accuracy
• A calm approach to work, with the ability to perform well in a pressurised environment
• Excellent Microsoft Office skills

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 150,000 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.