Analyst, Operational Risk Governance Team (12 months contract)
Salary undisclosed
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- Support overall annual Risk and Controls Self-Assessment (RCSA) and Controls Testing exercise through review and challenge across APAC branches, including governance and oversight of frameworks
- Support Self-Identified Issues (SII) management in APAC region. This includes management of overall framework, conducting training and awareness sessions, issues consolidation and reporting
- Support in organising and providing 2nd line review of the APAC Regional Risk Management Committee (RMC) materials for operational risk topics
- Manage and coordinate annual Global Control Self-Assessment (GCSA) exercise for all APAC branches and support initiatives for future enhancement in collaboration with Tokyo Head Office
- Maintain and analyse Key Risk Indicator (KRI) and Risk Dashboard from regional SMEs (Subject Matter Expert)
- Support management of Risk Champion model in APAC region, including updates of materials and conducting training sessions
- Support 1st line business units as appointed Risk Partner in operational risk matters including review of Third-Party Risk Management assessments
- Work closely with regional SMEs and Branches to enhance risk management tools and frameworks
- Provide guidance and support to APAC branches in operational risk matters and complying with local regulatory requirements
- Develop, review and maintain the Operational Risk Management Governance frameworks, processes and methodologies in line with regulatory requirements, MUFG policies, and industry best practices
- Support the roll-out of regional standards to APAC branches to uplift the branch operational risk management, enabling branches to manage operational risk in a standardized and systematic manner
- Support to develop and implement region wide initiatives to embed sound risk culture
- Monitor open issues (incl. regulatory and audit issues, SII), identify high risk issues, review remediation actions and report to management and key committees
- Conduct ongoing review and challenge as 2nd line, through review of operational risk metrics (KRIs), RCSA, risk event, incident to identify systemic/thematic risk concerns that warrant deeper analysis and escalation to senior management
- Work with 1st line / relevant Function Units / APAC branches to implement necessary operational risk management tools and provide regular training and education
- Ensure proper operational risk system implementation and adherence to reporting rules and guidelines
- Support in organising and preparing the presentation for regional risk management committee
- Support in executing necessary training on policies and standards
- Work in partnership with Head Office, various branches and departments to support the implementation of global, regional and local projects
- Provide advisory for various operational risk management activities
- At least 1 year of relevant hands-on experience in operational risk management especially in the area of RCSA, Controls Testing and Issues Management. Experience in Financial service, regional role .
- Experience in KRIs, risk metrics development and operationalization
- Experience in relevant operational risk regulations in the Asian region and understanding of industry trends/best practices and knowledge of operational risk standards
- Relevant experience in Operational Risk System Infrastructure implementation (OpenPage) for various Operational Risk modules; KRIs, Risk Control Self-Assessment (RCSA), Issue Management of Self-Identified Issues (SII) will be a strong plus
- Good communication skills to build effective partnership with key stakeholders through various collaboration / negotiation
- Ability to work effectively in a team environment, and takes initiatives to collaborate and challenge status quo, and adaptable to embrace new changes
- Proficient in MS Office (Excel, PowerPoint)
- Self-driven individual with good attention to detail and accuracy
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