VP 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.
**Vice President - Third Party Risk Management**
**OVERVIEW :**
MUFG (Mitsubishi UFJ Financial Group) is one of the world's leading financial groups. Headquartered in Tokyo and with approximately 350 years of history, MUFG is a global network with around 2,300 offices in over 50 countries including the Americas, Europe, the Middle East and Africa, Asia and Oceania, and East Asia. The group has over 150,000 employees, offering services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. As one of the top financial groups globally with a vision to be the world's most trusted, we want to attract, nurture and retain the most talented individuals in the market. The size and range of MUFG's global business creates opportunities for our employees to stretch themselves and reap the rewards, whilst our common values, to behave with integrity and responsibility, and to build a culture which is fair, transparent, and honest, underpin everything that we do. We aim to be the financial partner of choice for our clients, whatever their requirements, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world. MUFG's shares trade on the Tokyo, Nagoya, and New York (NYSE: MTU) stock exchanges. The group's operating companies include, but are not limited to, MUFG Bank, Mitsubishi UFJ Trust and Banking (Japan's leading trust bank), Mitsubishi UFJ Securities Holdings (one of Japan's largest securities firms), and MUFG Americas Holdings.
Please visit our website for more information - mufgemea.com.
**MAIN PURPOSE OF THE ROLE**
To develop and partner with the business to embed the Third Party Risk Management (TPRM) and outsourcing framework, controls, governance and oversight processes for third-party engagements ensuring continued alignment with expanding regulatory developments and change.
**KEY RESPONSIBILITIES**
Specific Responsibilities:
+ To support the Director of TPRM to develop, mature and embed the TPRM Framework in BAU and its supporting processes at MUFG
+ Develop and maintain TPRM Oversight and Governance processes including responsibility for the TPRM Oversight Committee operating model and supporting Terms of Reference. Secretary reporting to SMF24/OC Chair
+ Contribute to and help lead the TPRM tooling strategy and subsequent execution
+ Manage compilation and delivery of regulatory reports and Tokyo Head Office Returns for submissions for material 3rd parties and outsourcing engagements
+ Develop mechanisms to maintain key TPRM Data, MI to report to the Oversight Committee and regulatory reporting
+ Build and develop effective relationships with key internal stakeholders
+ Support the expansion of the TPRM framework across EMEA including key stakeholder management and driving consistency across the group (but with local flexibility)
+ Champion the TPRM Framework and best practices across the organisation whilst acting as a subject matter expert for Third Party Risk
+ Build relationships and consult with stakeholders to ensure the business controls mitigate vendor risk effectively to meet regulatory requirements
+ Manage and deliver the Control Framework to support the framework including TPRM controls, RCSA and delegated 1st line controls to the Vendor Stewards and Service Managers.
Key Responsibilities:
+ Maintaining robust procedural controls to ensure compliance with local regulatory requirements
+ Act in a consultative capacity providing advice and guidance to stakeholders and junior members of the team
+ Focus on developing own knowledge and staying up to date with best practices and current regulatory requirements, attending TPRM community events to represent MUFG and participating in FS industry forums
+ Maintain and continually improve the Third Party Risk Management framework
+ Act as a champion to ensure vendor risk management policies and procedures are correctly adopted and applied
+ Communicates and disseminates third party risk management knowledge to build a centre of expertise.
+ Responsibility for providing reporting to Audit, Compliance and Risk as and when required and responsibility for reporting self-identified issues and KRI's
+ Responsibility for working autonomously to resolve operational issues as they arise and to achieve a satisfactory conclusion. This includes the requirement to escalate operational incidents on a timely fashion including where necessary the implementation of preventative measures to avoid reoccurrence
+ Responsible for supporting change, managing the communication of the strategy in a positive manner and enabling its' implementation
**SKILLS AND EXPERIENCE**
Functional / Technical Competencies:
+ Demonstrable and Proven knowledge of developing Third Party Risk Management including governance and oversight practices in Financial Services organisations
+ Significant experience of building relationships with stakeholders at all levels of the business
+ Able to demonstrate maintenance and continuous improvement of robust procedural controls to ensure compliance with local regulatory requirements
**Please note MUFG operate a hybrid working policy with 3 days per week in the office.**
We are open to considering flexible working requests in line with organisational requirements.
MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.
We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.
At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!
**Our Culture Principles**
+ Client Centric
+ People Focused
+ Listen Up. Speak Up.
+ Innovate & Simplify
+ Own & Execute