Enterprise-Risk Governance Senior Manager

MUFG Americas; Toronto; On-site; CAD 90,000 - 130,000; Full time

Job summary

MUFG Americas is seeking an Enterprise Risk Manager to lead governance activities focused on risk appetite and reporting for its Canada Branch. This role involves compliance with policies, fostering relationships across teams, and assessing emerging risks while ensuring effective risk management practices are in place. Ideal candidates will have over 10 years in the financial industry and possess strong technical and interpersonal skills.

Qualifications

• 10+ years with relevant experience in the financial industry.
• Strong understanding of Financial statements and Risk metrics.
• Ability to communicate and manage expectations across departments.

Responsibilities

• Lead the Canada Branch Risk Appetite Program and report on risk metrics.
• Draft Integrated Risk Committee materials and organize meetings.
• Act as a SME for Business Continuity, Climate, and Reputation risks.

Skills

Interpersonal skills

Policy protocols

MS Office

VBA

Education

Undergraduate Degree (e.g., B.A., Business Administration, Mathematics, Sciences)

Job description

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.

This position will be primarily responsible for ownership and management of enterprise-risk governance activities (e.g., risk appetite, enterprise-wide risk reporting, policy governance) in addition to other key risks for the Canada Branch (e.g., Business Continuity, Strategic, Climate, and Reputation Risk), while ensuring compliance to the policies & procedures stipulated by Head-Office and/or Regulatory agencies. Other responsibilities include ownership and oversight of the New Product/Services and EUCC framework functions.

Role Responsibilities:

Risk Appetite Statement

• Lead the Canada Branch Risk Appetite Program including the annual review/update of the Risk Appetite Statement and associated management control metrics for recalibration, replacement and/or removal
• Measure, monitor and report on risk appetite metrics providing analysis and planned remediation of breaches as required

Risk Reporting

• Draft Integrated Risk Committee materials working with Risk Management leads (reviewing and editing submissions) for review/approval by the department head and CRO;
• Organize and facilitate the Integrated Risk Committee meetings including performing the duties of its Secretary;
• Prepare the end-to-end Risk Management submission for the quarterly ECC meetings including drafting of the CRO Report, consolidating the risk materials and seeking sign-off delivery to the Secretary of ECC the CRO Report, etc.

Top and Emerging Risks

• Act as a SME for Business Continuity, Climate, Reputation and Strategic risk stripes for the Branch
• Identify and assess emerging and potential strategic risks that could affect the bank’s performance in the short/medium/long-term
• As enterprise-level risks emerge, assume a lead role from a risk perspective to establish monitoring and reporting at the Canada Branch Level (e.g., climate risk and other ESG risks) that align with head-office/regions and/or regulatory expectations

Risk Policy Governance

• Review and analyze the current Risk Management policies in place to ensure consistency in content, structure and format
• Engage in initiatives including those to ensure local regulatory expectations are met and requirements align with Head Office and/or Americas policies as required • Oversee the Canada Branch Risk Management’s Policies and Procedures including calendarizing the reviews to ensure timely updates and approvals
• Act as lead representative for RMD Canada at Americas-level meetings (i.e., Risk Governance, Reputational Risk, etc.)
• Collaborate with Front-line business groups, Compliance & Legal for introducing new policies or procedures in the branch and work with Regional and Global policy teams to establish review priorities and assess review findings.

Relationship Building:

• Build strong relationships within the Canada Risk Management team, cross-train to gain understanding of other verticals within Risk and to be able to support the team as required
• Develop and maintain strong relationships within Canada Branch (mainly First Line, Compliance, Audit) to support and deliver Enterprise Risk mandates (e.g., EUCC Program, Records Retention,
• Acting as a Branch Liaison for the EUCC Program and provide end-to-end support

Technical Skills:

• Proficiency in MS Office and VBA.
• Strong understanding of policy protocols and procedures and the ability to assess and apply them in practice.
• Strong interpersonal skills with ability to communicate to translate and explain ideas to all levels within the Organization, verbally and in writing.

Experience & Abilities:

• 10+ years with relevant experience in the financial industry including understanding of Financial statements, reporting, adjudication and Risk metrics.
• Develop strong relationships across the Branch (first line, Compliance, Internal Audit, etc.) providing guidance, managing expectations and collaborating effectively.

Education & Training:

Undergraduate Degree (e.g., B.A., Business Administration, Mathematics, Sciences)

The job description and related application pertains to an opportunity with either MUFG Bank, Ltd., Canada Branch (“MUFG Bank Canada”) or MUFG Securities (Canada), Ltd. (“MUFG Securities Canada”). The job description relates to the general nature, scope, quantity and quality of work contemplated for the position. Other duties and responsibilities not specifically described may be assigned from time to time, consistent with knowledge, skills and abilities of the incumbent. The receipt of an application by either MUFG Bank Canada or MUFG Securities Canada, as applicable, does not imply or guarantee employment. Each of MUFG Bank Canada and MUFG Securities Canada is an equal opportunity employer. • As a federally regulated entity, MUFG Bank Canada is required to comply with applicable laws which prohibit discrimination based on protected grounds and which require accommodation to individuals in accordance with the requirements outlined in the Canadian Human Rights Act and the Canada Labour Code. Where MUFG Bank Canada obtains information relating to protected grounds under the Canadian Human Rights Act as part of the application process, it does so to monitor and otherwise evaluate its own compliance with such legislation and associated regulatory requirements; MUFG Bank Canada does not use such information for decision making purposes relating to the position contemplated in this application. • As a provincially regulated entity, MUFG Securities Canada is required to comply with applicable laws which prohibit discrimination based on protected grounds and which require accommodation to individuals in accordance with the requirements outlined in the Human Rights Code (Ontario) and the Employment Standards Act (Ontario). Where MUFG Securities Canada obtains information relating to protected grounds under the Human Rights Code (Ontario) as part of the application process, it does so to monitor and otherwise evaluate its own compliance with such legislation and associated regulatory requirements; MUFG Securities Canada does not use such information for decision making purposes relating to the position contemplated in this application.