Description

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 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.

OVERVIEW OF THE DEPARTMENT/SECTION

MUFG (Mitsubishi UFJ Financial Group) is one of the world's leading financial groups. Headquartered in Tokyo and with approximately 350 years of history, MUFG is a global network with around 2,300 offices in over 50 countries including the Americas, Europe, the Middle East and Africa, Asia and Oceania, and East Asia. The group has over 150,000 employees, offering services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.

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.

• 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, 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

MAIN PURPOSE OF THE ROLE

• Lead cross-region regulatory assurance ensuring compliance with prudential and regulatory requirements owned by EMEA Risk.
• Coordinate the management of regulatory change for EMEA Risk legal entities.

KEY RESPONSIBILITIES

• Provide assurance over regulations owned by EMEA Risk, working with teams across the division who have primary responsibility for adhering to relevant regulatory requirements for their area of risk.
• Establishing and maintaining a regulatory requirement ownership log.
• Rolling out to Risk regulatory requirement owners best practice approaches to regulatory assurance and documentation to demonstrate regulatory compliance and self-assessments.
• Testing control effectiveness over regulations in EMEA entities and presenting results to senior management and relevant EMEA Risk governance forums.
• Leading reviews of prudential and regulatory requirements and reporting controls and processes.
• Produce management information including key performance indicators on regulatory assurance and remediation progress.
• Develop and refine assurance methodologies and testing strategies and ensure consistent approach to controls across EMEA region.
• Supporting other regulatory processes relevant to EMEA Risk including regulatory reporting compliance and adherence to relevant policies.

• Perform horizon scanning for new or modified regulation, monitor regulatory developments and coordinate with other Risk teams on impact assessments for regulation changes and compliance plan.
• Socialise regulatory changes to stakeholders and report to relevant EMEA Risk governance forums.
• Manage regulatory engagement and regulatory deliverables for the UK entities and report to relevant EMEA Risk governance forums.
• Identify automation opportunities and implement best practices.
• Feed into Compliance led regulatory change management process and reporting.

SKILLS AND EXPERIENCE

Technical & Regulatory Expertise:

• Deep knowledge of bank prudential and regulatory frameworks (e.g. Basel, CRR, PRA, EBA, US Dodd-Frank).
• Strong understanding of risk management principles, internal controls, and governance structures.
• Experience in regulatory assurance, internal audit, or risk management at a similar level.
• Familiarity with regulatory reporting systems and data integrity processes.
• Ability to design and execute control testing and assurance programmes.
• Strong data analysis and interpretation skills for identifying anomalies and control gaps.
• Experience in audit methodologies and quality assurance frameworks.
• Skilled in presenting findings to senior stakeholders and governance committees.
• Capability to develop assurance strategies and improve methodologies.
• Ability to anticipate regulatory changes and adapt assurance accordingly.
• Excellent written and verbal communication for drafting reports and presenting to senior management.
• Ability to produce clear MI, KPIs, and dashboards.
• Familiarity with automation tools and data analytics for assurance testing.
• Continuous improvement mindset to streamline processes and enhance efficiency.

Qualifications (preferred):

• Degree-level education in related field such as Finance, Accounting, Risk Management.
• Professional certifications such as ACA, ACCA, CFA, FRM.

PERSONAL REQUIREMENTS

• Self-starter
• Excellent communication skills
• 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 and 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
• Flexibility and resilience

PERFORMANCE AND DUTIES

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.

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.

MANAGING CONFLICTS OF INTEREST

• The role holder will have responsibilities for both MUFG Bank and MUFG Securities EMEA plc.
• The role holder will be required to perform their duties and responsibilities on an entity neutral basis, without favour.
• 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.

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.