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Markets and Trading Operational Risk Manager, Vice President - Hybrid-NYC

Company: MUFG
Location: New York
Posted on: November 26, 2022

Job Description:

Do you want your voice heard and your actions to count?Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world. Across the globe, we're 180,000 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.This is a hybrid position. The selected colleague will work at an MUFG office an average of two to three days per week with the remainder worked remotely.Requirements:Contributing to the development of the markets and trading operational risk management framework, standards, and methodology, and providing updates on a periodic basis in line with the changing risk profile.Provide guidance to 2nd line, on the effective execution of the Operational Risk framework, including new activity assessments, operational risk/loss events, scenario analysis, risk and control self-assessments (RCSA), and emerging risk identification.Participating in review for 2nd line markets and trading operational risk activities and compliance with the Markets and Trading Risk Framework and risk policies.Manage Operational Incidents process and report within firm guidelines.Establish the necessary markets and trading framework and standards so that aggregate risks within the company are effectively identified, measured, monitored, and controlled.Partner with markets and trading businesses and 2nd Line of Defense partners to incorporate 2LoD assessment(s) into full Operational Risk Framework (i.e. RCSA, Incident Management, KRMs, etc.) in order to identify strengths and weaknesses in the overall program.Develop tools, processes, and systems to independently identify and assess aggregate markets and trading risks, trends and emerging risks.Support the design and development of the Bank's KRM program, ensuring KRMs are correctly calibrated, and relevant. Produce monthly reporting, including relevant commentary and remediation actions.Perform on going monitoring of markets and trading operational key risk metrics.Oversees the production of key reporting activities and drives the execution on monthly and quarterly risk reporting and board reporting packages.Provide ORM coordination with the various legal entities.Qualifications:Experience interfacing with banking/financial services industry regulators.Typically have 5 to 7 years of experience in Operational Risk, Internal or External Audit within a dynamic international financial institution or financial services firm.Requires extensive knowledge of markets and trading operations from both process and technology perspectives.Excellent skills in markets and trading risk assessment analysis, identifying trends and signs of changing risk levels.Analytical mindset to make sound recommendations into operational risk issues is imperative. Being tenacious and agile, with proven ability to sustain high levels of performance in a fast-paced, output focused environment will also aid in your successBA or BS degree requiredThe above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual's associates or relatives that is protected under applicable federal, state, or local law.Some MUFG roles require that individuals be fully vaccinated against COVID-19, subject to exemptions for medical or religious reasons, as well as any other reason required by applicable law or order. Should you be selected for an interview, your recruiter will provide additional information.

Keywords: MUFG, New York , Markets and Trading Operational Risk Manager, Vice President - Hybrid-NYC, Executive , New York, New York

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