Vice President - DX/AI Risk SME

Mitsubishi UFJ Financial Group; City of Westminster; Hybrid; GBP 70,000 - 90,000; Full time

Job summary

A leading global financial group in the United Kingdom is looking for a DX/AI Risk SME to advance their digital transformation and AI governance initiatives. This vital role involves collaboration with stakeholders to manage AI risks, ensure compliance with evolving regulatory standards, and improve governance frameworks. Candidates should have experience in risk management and governance within financial services, with a strong understanding of emerging AI technologies. Flexible working arrangements are available.

Benefits

Flexible working arrangements

Professional development opportunities

Comprehensive benefits

Qualifications

• Proven experience in risk management within a financial services environment.
• Ability to maintain technology and/or DX/AI risk frameworks.
• Strong stakeholder engagement skills across technology and compliance.

Responsibilities

• Support the operation and continuous improvement of governance structures.
• Track and assess AI-specific risks and controls.
• Liaise with Compliance and Legal for regulatory updates.

Skills

Risk management

Compliance

Stakeholder engagement

AI governance

Tools

Excel

PowerPoint

MS Project

Job description

Overview

We are seeking a DX/AI Risk SME to play a central role in shaping and advancing MUFG EMEA's digital transformation and AI governance initiatives. This position will play a key role in the development, implementation and ongoing refinement of relevant risk and governance frameworks, and requires active collaboration with stakeholders across first and second line functions in EMEA and wider regions to monitor emerging AI risks, align with risk appetite and ensure consistent application of policies. The role will support governance forums and working groups, coordinate and run key meetings, oversee governance structures and track actions and decisions. The role will maintain up-to-date documentation in accordance with evolving regulatory expectations and global standards, ensuring ethical use and appropriate escalation of incidents, as well as horizon scanning activities to track regulatory developments and interpret implications for the business. This advert will close 11th February 2026. We are open to considering flexible working requests in line with organisational requirements.

Note: The terms of engagement are dictated by functional mandates, the terms of the Dual-Hat Arrangement Agreement and/or any other relevant agreements between Bank and MUSE. The role holder may need to identify and resolve conflicts in needs between Bank and MUSE and escalate to managers where required.

Key Responsibilities

• Stakeholder Engagement: Maintain ongoing collaboration with SMEs across Legal, Compliance, Risk, Technology, Data, and other relevant functions to monitor emerging AI risks and ensure alignment with enterprise risk appetite; review and update control requirements and governance expectations as AI use evolves; facilitate regular dialogue to ensure consistent understanding and application of AI-related policies.
• Governance Oversight: Support the operation and continuous improvement of existing governance structures, including coordinating and running established working groups and forums, ensuring adherence to Terms of Reference (ToR); manage meeting logistics, membership updates, and tracking actions and decisions; ensure governance bodies remain effective in overseeing DX/AI risk and compliance.
• AI Governance Framework Maintenance: Ensure the AI Governance Framework remains current and fit for purpose by reviewing alignment with Head Office guidelines and global standards; updating documentation to reflect changes in regulatory expectations, internal policies, and AI use cases / available technology; maintaining clarity on MUFG EMEA's compliance posture and escalation needs.
• Ongoing Risk & Control Monitoring: Track and assess AI-specific risks and controls; coordinate periodic reviews of model validation, monitoring protocols, and data governance practices; support ethical use assessments and ensure appropriate escalation of incidents or breaches.
• Horizon Scanning - Regulatory & Compliance Tracking: Monitor regulatory developments and ensure timely updates to internal mapping and compliance tracking tools; liaise with Compliance, Legal and other relevant departments to interpret new requirements and assess impact on existing DX/AI activities; coordinate development and delivery of training and awareness initiatives related to DX/AI risk, governance, and ethical use; ensure materials remain relevant and accessible to impacted teams.
• Other: The role holder is required to follow regulatory requirements applicable to ensure each business is appropriately supported and to maintain the legal entity integrity of each of Bank and MUSE; working terms are dictated by functional mandates and the Dual-Hat Arrangement Agreement; identify and resolve conflicts between Bank and MUSE and escalate as needed.

Qualifications & Experience

• Proven experience in risk management, compliance, or governance within a financial services or regulated environment, with a focus on emerging technologies such as Artificial Intelligence.
• Demonstrated ability to oversee and maintain technology and/or DX/AI risk frameworks, coordinate cross-functional governance forums, and ensure alignment with regulatory expectations and global standards.
• Skilled in stakeholder engagement across Legal, Compliance, Technology, and Data functions.
• Track record of supporting the ethical and responsible use of AI through effective oversight, training, and incident management processes.

Functional / Technical Competencies

• Strong understanding of risk management frameworks, with the ability to assess, monitor, and report on DX/AI-related risks across the organisation.
• Good knowledge of investment banking operations, front to back, and the associated risk landscape, including regulatory drivers and control expectations.
• Familiarity with change and project delivery environments, with the ability to contribute risk insights to project planning, execution, and governance processes.
• Clear and effective communicator, able to translate complex risk concepts into actionable insights for diverse audiences, including senior stakeholders, technical teams, and control functions.
• Strong stakeholder engagement and influencing skills, with the ability to challenge constructively, build consensus, and support cross-functional collaboration.
• Sound understanding of governance structures and control frameworks, including the three lines of defence model, and how these apply to AI oversight and broader operational risk.
• Resilient and adaptable, able to operate in a dynamic and fast-paced environment, manage multiple priorities, and respond to emerging risks with urgency and clarity.
• Strong planning, prioritisation and delivery skills.

Personal Requirements

• A structured and logical approach to work
• A creative and innovative approach to work
• Keen curiosity about emerging technologies, with a passion for exploring how digital transformation and AI can reshape the way we work
• Comfortable challenging the status quo and experimenting with new methods and tools to drive continuous improvement in business processes
• Strong problem solving skills
• Excellent interpersonal skills
• Excellent attention to detail and accuracy
• Strong communication (verbal and written), analytical and numerical skills
• Results driven, with a strong sense of accountability
• A proactive, motivated approach
• Strong decision making skills, the ability to demonstrate sound judgement
• Adaptable and flexible to suit the needs of the role, including minimum 3 days in the office
• Strong excel, powerpoint, word and MS project skills
• Personal alignment to MUFG Values
• Client Centric
• People Focused
• Listen Up, Speak Up
• Innovate & Simplify
• Own & Execute

Company & Culture

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG). MUFG is a leading global financial group with approximately 150,000 colleagues. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world. MUFG aims to be the world's most trusted financial group, prioritising people, collaboration, innovation, speed, and agility. We invest in talent, technologies, and tools that empower you to own your career.