Assistant Vice President, Operational Risk Governance Team

Assistant Vice President, Operational Risk Governance Team MUFG is seeking an Assistant Vice President to join the Operational Risk Governance Team. This regional HQ role supports overall operational risk governance enhancement to realise effective 2nd line oversight to regional APAC branches (excl. Japan and China). The role reports to the Operational Risk Governance team within ARMO-ORM (Risk Management Office for Asia – Operational Risk Management). Job Responsibilities Manage & Support APAC branches including Singapore Risk & Control Self Assessment (RCSA) and Controls Testing, partnering with the 1st line and providing effective review and challenge Manage & Support the overall issue management framework (Self-Identified Issues), Incident Management—with focus on review, consolidation and reporting of Operational Risk issues to enhance 1st line risk ownership and strengthen 2nd line risk oversight Support in organising Singapore branch and regional Risk Committee reporting materials, including analysis on thematic/emerging risk trends and providing 2nd line commentary Manage and execute Risk culture initiatives, including publication of external events report, ORM newsletter, and ORM eLearnings Support in implementation of ORM system in the APAC region Second Line of Defence for Operational Risk Management Operational Risk Governance and Strategy 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 Risk Management and Audit Monitor open issues (including 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 events, incidents 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 presentations for Singapore branch and regional risk management committee General 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 Job Requirements At least 2 years of relevant hands-on experience in operational risk management, especially in RCSA, Controls Testing and Issues & Incident Management Relevant experience in Operational Risk System Infrastructure implementation (OpenPages) for various Operational Risk modules; KRIs, RCSA, Issue Management of Self-Identified Issues (SII) is good to have Good understanding of KRIs, risk metrics development and operationalization Good knowledge of relevant operational risk regulations in the Asian region and understanding of industry trends/best practices and knowledge of operational risk standards Good communication skills to build effective partnership with key stakeholders through collaboration and negotiation Ability to work effectively in a team environment, take initiative to collaborate and challenge status quo, and adapt to change Self-driven with good attention to detail and accuracy Proficient in MS Office (Excel, PowerPoint) MUFG is an equal opportunity employer. We view our employees as key assets in long-term growth and success, and we are committed to hiring based on merit and organizational fit, regardless of race, religion or gender. #J-18808-Ljbffr