At a Glance
- Tasks: Lead risk management initiatives and enhance governance frameworks for a global financial institution.
- Company: Join MUFG Investor Services, a trusted partner in asset servicing with over $1 trillion in client assets.
- Benefits: Competitive salary, professional development, and the chance to work in a dynamic global environment.
- Why this job: Make a real impact on enterprise risk management and shape the future of financial services.
- Qualifications: 10+ years in risk management, strong leadership skills, and a solid understanding of financial services.
- Other info: Collaborative culture with opportunities for career growth and innovation.
The predicted salary is between 72000 - 108000 £ per year.
About MUFG Investor Services
MUFG Investor Services is a trusted partner to many of the world's largest public and private funds, providing asset servicing and operational solutions built for alternatives. With over $1 trillion in client assets under administration, we offer fund administration, banking, payments, fund financing, foreign exchange overlay, corporate and regulatory services, custody, business consulting, and more. Operating from 17 locations worldwide, we help clients mitigate risk, enhance efficiency, and navigate the operational complexities of today's investment management landscape. As a division of Mitsubishi UFJ Financial Group (MUFG), one of the world's largest financial institutions with approximately $3 trillion in assets, we combine deep expertise with the strength and stability of a leading financial institution.
The ED, Enterprise & Change Risk Management is responsible for supporting the Global Head of Risk and CRO in the development and ongoing management and maintenance of the Enterprise and Change Risk Management Framework. The role also involves supporting key frameworks such as Risk Appetite Statements (RAS), ICAAP, and risk-related policy reviews.
The ED will work closely with stakeholders across the organization, including Project Management, Strategy and other Risk and Control functions, to review and challenge ongoing business, strategy, technology and regulatory change, and ensure effective governance of enterprise risk. This role will also contribute to strategic risk initiatives such as ESG risk management, regulatory compliance and risk frameworks supporting Company strategy.
Additionally, the ED will support the review and enhancement of risk reporting to Risk Committees (RC) and Boards, ensuring comprehensive and insightful risk visibility.
Key Responsibilities
- Ongoing and periodic review and assessment of MUFG's Risk Management Framework and oversight of remediation programs
- Periodic reviews of the Risk Appetite Statements; development of Risk Appetite Measures and monitoring and reporting thereof
- Review of the annual Internal Capital Adequacy Assessment Process (ICAAP) reports
- Coordination of company's annual Insurance renewal program and ongoing maintenance and assessment
- Risk Assessments of New Products, Services and Strategic Initiatives as well as Business As Usual services, departments or processes
- Monitor and assess pipeline of business cases and other change initiatives and work closely with Strategy and Project Management
- Participate and, as needed, lead cross-functional reviews and assessments, including Scenario Analyses, Risk Events and Root Cause Analyses, Risk Issue remediation
- Production and continuous enhancement of Risk Reporting, ensuring effective visibility and insights for governance committees
- Assess the use and effectiveness of eGRC tools used by the Risk departments and those of other controls functions to ensure they comply with the RMF
- Conduct deep dive risk assessments or other projects as required
- Assess new and emerging international regulations relating to Risk Management and establish communication / implementation plans as appropriate with Risk and Compliance colleagues
- Work with Risk colleagues to ensure departmental publications are consistent with the wider framework and company strategy
- Work with the Head of Risk to continuously assess emerging risk and lead appropriate improvements as required
Qualifications
Educational Requirements
- Post-secondary degree in accounting, finance, law, economics, business or a related discipline
- Professional qualification in risk or a related discipline would be preferred
Work Experience
- 10+ years' experience in risk and change management in a financial institution or comparable experience
- Demonstrated leadership skills and delivery of successful change
- Solid understanding of broader risk frameworks
- Experience with risk and new initiatives assessment practices
- Experience working with IT and Third Party risk is favourable
- Experience in roles requiring product and process management assessment and implementation
Functional Skills
- Knowledge of financial services practices, plans and trends on risk and controls
- Ability to plan, organize workload and solve problems effectively
- Ability to see the bigger picture, think creatively to provide alternative solutions and meet deadlines
- Ability to resolve conflicts and manage stakeholder sensitivity
- Knowledge of assessment of risk and controls
- Ability to work independently
- Knowledge and understanding of regulatory requirements for risk management, as well as risk requirements and guidelines
- Working knowledge of Fund administration business
- Knowledge and understanding of Data visualization tools like Power BI
- Hands-on knowledge of risk assessment techniques with strong cross-experience in financial services / fund services / IT
- Project management skills and ability to analyze project progress and direct / redirect team efforts
- Advanced ability with Microsoft Office suite of applications
- Advanced proficiency in Microsoft Excel and experience of onboarding new systems / technology is preferred
We thank all candidates for applying; however, only those proceeding to the interview stage will be contacted.
Executive Director, Enterprise & Change Risk Management in London employer: MUFG Investor Services
Contact Detail:
MUFG Investor Services Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Executive Director, Enterprise & Change Risk Management in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and risk management sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings at MUFG Investor Services.
✨Tip Number 2
Prepare for those interviews by researching MUFG's values and recent initiatives. Tailor your responses to show how your experience aligns with their mission in risk management. We want to see you shine as a candidate who truly understands the company!
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors. Focus on articulating your leadership skills and experience in change management clearly. This will help you feel more confident when it’s time to impress the hiring team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows your enthusiasm for joining MUFG Investor Services and being part of their dynamic team in enterprise risk management.
We think you need these skills to ace Executive Director, Enterprise & Change Risk Management in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in risk management and change initiatives. We want to see how your skills align with the role of Executive Director, so don’t hold back on showcasing your relevant achievements!
Showcase Your Leadership Skills: As an Executive Director, leadership is key! Use your application to demonstrate your past leadership experiences and how you've successfully managed teams or projects. We’re looking for someone who can inspire and drive change.
Be Clear and Concise: When writing your application, clarity is crucial. Use straightforward language and avoid jargon where possible. We appreciate a well-structured application that makes it easy for us to see your qualifications and fit for the role.
Apply Through Our Website: Don’t forget to submit your application through our official website! It’s the best way for us to receive your details and ensures you’re considered for the position. Plus, it shows you’re keen on joining our team at MUFG Investor Services!
How to prepare for a job interview at MUFG Investor Services
✨Know Your Risk Management Frameworks
Familiarise yourself with MUFG's Enterprise and Change Risk Management Framework. Be prepared to discuss how your experience aligns with their frameworks, such as Risk Appetite Statements and ICAAP. This shows you understand their operations and can contribute effectively.
✨Showcase Your Leadership Skills
As an Executive Director, demonstrating strong leadership is crucial. Prepare examples of how you've successfully led change initiatives in the past. Highlight your ability to manage stakeholders and resolve conflicts, as these skills will be key in this role.
✨Understand Regulatory Requirements
Brush up on the latest international regulations related to risk management. Be ready to discuss how you've navigated regulatory challenges in previous roles. This will show that you are proactive and knowledgeable about compliance, which is vital for the position.
✨Prepare for Scenario Analyses
Expect to engage in discussions around scenario analyses and risk assessments during the interview. Think of specific instances where you've conducted these assessments and the outcomes. This will demonstrate your analytical skills and ability to think critically under pressure.