Assistant Vice President, New Product and Third Party Risk Management
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.
Purpose of the role
Responsible for supporting the enhancement, alignment, and maintenance of product risk governance framework and reviewing and evaluation of Third-Party risk management arrangements to ensure robustness.
Job Responsibilities:
Support execution of the strategy of Product Risk Governance and Third-Party Risk Management for APAC, collaborating with the relevant divisions (business units, risk assessment divisions etc.), and ensure alignment with the organization’s overall strategy and regulatory requirements.
Promote operational efficiency through:
The timely and accurate review of new products / product variations for APAC and streamlining of product risk management work processes under the Product Governance Framework.
The timely and accurate review of Third-Party Assessment in accordance with the requirements of Singapore Branch's Third-Party Risk Management (TPRM) Framework.
Provide support and advice to relevant divisions on Product Risk Governance matters via New Product Assessment (NPA), Periodic Assessment (PA) and Product Risk Management Committee (PRMC).
Assist in the preparation of materials for Third-Party Risk Management Committee, Risk Management Committee and Product Risk Committee meetings.
Assist in addressing stakeholders’ queries on the Third-Party Risk Management Framework.
Job Requirements:
Recognised degree in Business, Accountancy, Economics or equivalent
Minimum 3 years of Risk Management experience, particularly with exposure to enterprise risk/operational risk
Exposure within the Asia & Oceania region will be an added advantage
Experience in using Pivot table, VlookUp, PowerPoint
Good coordination and collaborating skills with the ability to build effective working relationships with diverse stakeholders
Good understanding of the Commercial Bank business and operating model
Other qualities sought include good written English, strong analytical and excellent communication skills and ability to work in a team-oriented environment.
We regret to inform that only shortlisted applicants will be notified.
Mitsubishi UFJ Financial Group (MUFG) is an equal opportunity employer. We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organsational fit, regardless of race, religion or gender.