Head of Governance

MUFG Americas; London; Hybrid; GBP 80,000 - 120,000; Full time

Job summary

MUFG Americas is seeking a Head of Governance for their Regulatory Reporting and Governance team. This role involves developing a governance framework, overseeing regulatory reporting, and ensuring compliance with new regulatory guidance. The position offers a hybrid working policy, encouraging flexibility while maintaining accountability in a collaborative environment.

Qualifications

• Experience in regulatory reporting and governance frameworks.
• Strong understanding of compliance and risk management.
• Ability to work with cross-regional teams.

Responsibilities

• Develop and implement a governance framework over regulatory reporting.
• Oversight of regulatory reporting framework and associated controls.
• Drive regulatory remediation initiatives.

Skills

Governance framework development

Regulatory reporting

Risk and control framework

Stakeholder management

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.

MAIN PURPOSE OF THE ROLE

Specifically, you have accountability for the Governance team within the following named department:

• Regulatory Reporting and Governance (RRG), Finance (MUS(EMEA))

ROLES, SCOPE and REPORTING STRUCTURE

• Authority from, and Reporting to: Head of Regulatory Reporting and Governance

KEY RESPONSIBILITIES

Specifically, you will be accountable and responsible for taking appropriate action with respect to the Governance team, including:

Developing and implementing a governance framework over regulatory reporting

As Head of the Governance team you will be responsible for building out the governance framework, agreed with relevant stakeholders and understood by the department. Specifically this will include the following:

• Development of the firm wide regulatory reporting framework including the embedding of the Regulatory Returns Submission Policy, across both Finance and the broader organisation
• Oversight and administration of the regulatory reporting framework and associated controls including, but not limited to, maintenance of the central regulatory reporting inventory and associated attestation processes
• Develop and communicate a strategic roadmap for delivery of a regional regulatory reporting framework
• Annual update of Capital and Liquidity reporting policies
• Interpretation of new regulatory guidance
• Own and review assumptions including agreeing, approving and documenting of any new assumptions and annual review of key material assumptions
• Develop an assurance matrix summarising regulatory output
• Drive regulatory remediation initiatives
• Imbed the risk and control framework for RRG including self-identified issues are properly raised, tracked and remediated
• Ownership and annual update of the Business Continuity Plan (BCP) for RRG
• Close partnering with first line controls team, Operational Risk and Internal Audit
• Working across teams internationally including in offshored locations
• Working with cross regional partners to embed the regulatory reporting framework internationally

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.