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Mitsubishi UFJ Financial Group

Vice President, Credit Policy & Frameworks Team - Credit Strategy Group

London Full-Time No home office possible

Vice President, Credit Policy & Frameworks Team – Credit Strategy Group

3 days ago Be among the first 25 applicants

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Overview Of The Department/Section

Credit Strategy Group in Risk Management Office for EMEA CSG defines and executes the CCrO’s responsibilities for credit portfolio risk management and leads EMEA Credit in implementing a robust operating environment to managing Credit Risk.

EMEA CSG is responsible for:

Ensuring EMEA Credit aligned to business strategy and supporting business to meet MTBP objectives
Defining Credit Strategy and Credit Culture in EMEA through Risk Appetite, Policies & Procedures and Governance
Providing insight into portfolio risks and proposing optimisation strategies to Front Office
Escalation of emerging risks (e.g. single name, country and sector) and challenging portfolio vulnerabilities
Defining a robust Risk and Control environment for EMEA Credit.
Performing robust Quality Assurance file reviews to provide feedback to enhance Credit Sanctioning processes.

MAIN PURPOSE & ACCOUNTABILITY OF THE ROLE

Specifically, you have accountability for the following named departments, this includes:

Credit Strategy Group EMEA, Credit Risk Policy & Frameworks Team
Accountable for a) develop robust credit risk management framework for EMEA region, b) maintain and manage EMEA Regional Credit Policy, procedures and tools, c) undertake various projects to enhance credit risk management.
Roles, Scope and Reporting Structure
Authority from, and Reporting to: Head of Credit Risk Policy and Framework

Key Responsibilities

Specifically, you will be accountable and responsible for taking appropriate action with respect to;

Oversight of EMEA’s credit risk management framework: Contribute to various initiatives to achieve best practice and identify areas to strengthen and improve the credit risk management framework in EMEA to ensure consistency with relevant regulatory standards.

Responsible for sound governance for credit risk management:

Establish and maintain regional credit policies to relevant regulatory standards, including horizon scanning for new regulation. Enforce relevant divisions to follow the policy.
Establish necessary procedures related to credit in conjunction with related divisions. Liaise with Head Office as well as the relevant divisions to make sure the policies and procedures are in alignment with the ones in Head Office.
Responsible for Risk appetite and concentration risk management including enhancement and maintenance of the credit risk appetite with a focus on Country Risk Appetite and Product and Asset Class Risk appetite, Credit Strategy and Credit Culture for EMEA.
Responsible for Global collaboration: Work in partnership with Risk specialists across the region and globally including Head Office to share best practice, provide support and develop effective risk policies appropriate to the Bank, influencing global best practice as appropriate.

Oversight of Projects:

Contribute to, as appropriate, credit related projects within EMEA as well as bank-wide ones so that the projects can accomplish its objective.
Responsible for proactively managing the continued integration of Bank and Securities with the One MUFG approach
Responsible for promoting and supporting inclusion and diversity across all aspects
Responsible for the develop of strong relationships with key stakeholders within EMEA, Americas, Asia and Tokyo HQ and support the wider EMEA Network
Responsible for supporting the CRO/CCrO/Head of CSG/Head of Credit Policy & Framework in the execution of their responsibilities under the Senior Manager’s Regime.
Responsible for timely remediation of audit points Responsible for contributing in the review of New Product Approvals ensuring compliance with the policy.
Responsible for maintaining and enhancing good working relationships with stakeholders, across the region and globally to share best practices, provide support and develop effective local policies and procedures appropriate to the Company, and working in support of the One MUFG and overall Group strategy.

Work Experience

Previous experience of working in the Credit Risk Management
Understanding of corporate banking and financial products in the market

Preferred:

Previous experience of working on Policy and Risk Appetite development
Previous experience of working in the branch of the third country financial institution

Skills And Experience

Functional / Technical Competencies:

Significant experience of credit business and/or credit risk management as a practitioner in a major commercial bank, investment bank, or similar international financial business
Experience of developing or applying credit policies in a financial services context with the ability to apply practical knowledge and a common-sense approach
A thorough understanding of financial products and processes
An excelled level of communication skills both oral and written
The ability to present ideas and solutions to senior management and colleagues
Range of communication skills to be able to adapt to a range of clients, stakeholder and external parties.
Sound administration skills, ability to multi-task effectively and to work on own initiative with minimum supervision, ability to be proactive, team player, organised and detail-oriented.
Ability to prioritising without direction.

Education / Qualifications:

Degree or equivalent (Essential)

Personal Requirements

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
A creative and innovative approach to work
Excellent 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 pressured environment
Strong numerical skills
A strategic approach, with the ability to lead and motivate
The ability to articulate and implement the vision/strategy

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

Seniority level

Mid-Senior level

Employment type

Employment type

Full-time

Job function

Job function

Finance
Industries

Financial Services and Banking

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