Avp Non-financial Risk Management - Toronto, Canada - MUFG Canada

MUFG Canada

Verified Company

Toronto, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. 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.

Job Summary:

Key Accountabilities:

The AVP, Non-financial Risk Management is part of the Risk Management Department within MUFG Bank Canada's the Second Line of Defense (SLOD).

The role is primarily (approximately 80%) responsible for supporting the non-financial risk management Vice Presidents with a series of risk management tasks such as those related to operational risk, third party risk, information risk, business continuity risk and enterprise risk, as well as assisting the Regional CRO (approximately 20%) with a number of coordination and reporting activities.

Regulatory Initiatives:

Support the implementation of new or revised regulatory guidelines and requirements through gap analysis.
Keep abreast of the changing regulatory landscape and adopt fit for purpose practices to ensure ongoing compliance.

Risk Framework

Contribute to the revisions and updates to nonfinancial risk governance documents such as policies and procedures.
Socialize changes to nonfinancial risk governance documents with the First Line of Defense (FLOD) stakeholders.
Promote nonfinancial risk requirements across the bank to ensure awareness and adherence.

Risk Measurement, Monitoring and Control:

Guide and coach the First Line of Defense (FLOD) on nonfinancial risk management requirements.
Review deliverables from the FLOD to ensure they are completed in accordance with relevant nonfinancial risk management policies, procedures, guidelines, etc.

Risk Reporting and Projects

Draft commentaries for governance forums such as committees to provide an overview of analysis of delegated nonfinancial risk activities and risk assessment results.
Monitor and track progress of oneoff or periodic projects/assignments as assigned by nonfinancial risk management VPs to ensure they are completed on time by liaising with relevant stakeholders and collating results.

Regional CRO Support Activities

Act as a liaison for the CRO in his responsibilities as Regional CRO for Canada and LatAm, such as coordinating the timely completion and submission of Risk Policies and Risk Appetite Statements.
Assist the CRO in ensuring Risk Committee reporting from each entity is consistent for Americas Governance teams.
Providing timely and accurate risk information, reporting and responses to internal and external audience as required.

Technical Skills:

Understanding of institutional banking structure, operations and related risks. Knowledge of Canadian and international banking regulations.

Experience and Abilities:

3+ years of Risk Management related experience (from any of the 3 Lines of Defense) in the banking industry, ideally in nonfinancial risk disciplines.
Ability to follow instructions as well as making sound judgments and keeping managers informed when operating independently.
Effective communication, time management, and relationship building skills, including a high degree of emotional intelligence as this role will be interacting with a large number of internal stakeholders across the bank at various levels.

Education and Training: