At a Glance
- Tasks: Lead the Governance team, developing a regulatory reporting framework and ensuring compliance.
- Company: Join Mitsubishi UFJ Financial Group, a global leader in finance with 120,000 colleagues making a difference.
- Benefits: Enjoy hybrid working, flexible hours, and a commitment to diversity and inclusion.
- Why this job: Make your voice heard while driving innovation and impact in a supportive culture.
- Qualifications: Experience in governance, regulatory reporting, and strong leadership skills are essential.
- Other info: Opportunity to work internationally and collaborate with diverse teams.
The predicted salary is between 43200 - 72000 £ per year.
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.
MAIN PURPOSE OF THE ROLE
Specifically, you have accountability for the Governance team within the following named department: Regulatory Reporting and Governance (RRG), Finance (MUS(EMEA)).
KEY RESPONSIBILITIES
- Developing and implementing a governance framework over regulatory reporting.
- As Head of the Governance team you will be responsible for building out the governance framework, agreed with relevant stakeholders and understood by the department. Specifically this will include the following:
- Development of the firm wide regulatory reporting framework including the embedding of the Regulatory Returns Submission Policy, across both Finance and the broader organisation.
- Oversight and administration of the regulatory reporting framework and associated controls including, but not limited to, maintenance of the central regulatory reporting inventory and associated attestation processes.
- Develop and communicate a strategic roadmap for delivery of a regional regulatory reporting framework.
- Annual update of Capital and Liquidity reporting policies.
- Interpretation of new regulatory guidance.
- Own and review assumptions including agreeing, approving and documenting of any new assumptions and annual review of key material assumptions.
- Develop an assurance matrix summarising regulatory output.
- Drive regulatory remediation initiatives.
- Imbed the risk and control framework for RRG including self-identified issues are properly raised, tracked and remediated.
- Ownership and annual update of the Business Continuity Plan (BCP) for RRG.
- Close partnering with first line controls team, Operational Risk and Internal Audit.
- Working across teams internationally including in offshored locations.
- Working with cross regional partners to embed the regulatory reporting framework internationally.
Please note MUFG operate a hybrid working policy with 3 days per week in the office. 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.
Head of Governance employer: MUFG Bank, Ltd.
Contact Detail:
MUFG Bank, Ltd. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Governance
✨Tip Number 1
Familiarise yourself with the regulatory landscape relevant to the financial sector. Understanding the latest regulations and compliance requirements will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in governance and regulatory reporting. Attend industry events or join online forums to connect with others in the field, which can provide insights and potentially lead to referrals.
✨Tip Number 3
Showcase your leadership skills by discussing past experiences where you've successfully implemented governance frameworks or led teams through regulatory changes. This will highlight your capability to take on the Head of Governance role.
✨Tip Number 4
Research MUFG's values and culture thoroughly. Tailor your conversations during interviews to reflect how your personal values align with theirs, particularly around diversity, inclusion, and making a meaningful impact.
We think you need these skills to ace Head of Governance
Some tips for your application 🫡
Understand the Role: Take time to thoroughly read the job description for the Head of Governance position. Understand the key responsibilities and required skills, as this will help you tailor your application to highlight relevant experiences.
Craft a Tailored CV: Ensure your CV reflects your experience in governance, regulatory reporting, and team leadership. Use specific examples that demonstrate your ability to develop frameworks and manage compliance effectively.
Write a Compelling Cover Letter: In your cover letter, express your passion for governance and regulatory compliance. Highlight how your values align with MUFG's commitment to diversity and inclusion, and mention any relevant achievements that showcase your impact in previous roles.
Proofread and Edit: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects attention to detail, which is crucial for a role in governance.
How to prepare for a job interview at MUFG Bank, Ltd.
✨Understand the Governance Framework
Make sure you have a solid grasp of governance frameworks, especially in regulatory reporting. Be prepared to discuss how you would develop and implement such frameworks, as this is a key responsibility for the role.
✨Showcase Your Strategic Thinking
Demonstrate your ability to create a strategic roadmap for regulatory reporting. Think about past experiences where you've successfully led similar initiatives and be ready to share those examples.
✨Emphasise Collaboration Skills
Since the role involves working with various teams and stakeholders, highlight your experience in cross-functional collaboration. Be ready to discuss how you’ve partnered with different departments to achieve common goals.
✨Prepare for Regulatory Knowledge Questions
Brush up on current regulatory guidance and be prepared to interpret it during the interview. Showing that you can navigate complex regulations will demonstrate your expertise and readiness for the role.