Vice President, Risk & Controls - Market Operations

MUFG Americas; City Of London; On-site; GBP 100,000 - 125,000; Full time

Job summary

A leading financial group in London is looking for a Risk & Control Specialist to oversee and enhance operational processing activities. This role will involve risk assessment, reconciliation, and working with diverse teams to ensure compliance and best practices in risk management. The desired candidate will have strong analytical skills, investment banking knowledge, and effective communication abilities. Flexible working options are available.

Qualifications

• Strong Product knowledge of Investment Banking flows.
• Proven track record of executing control testing programmes.
• Familiarity with regulatory and internal audit standards.

Responsibilities

• Establish and maintain control framework to mitigate operational failures.
• Support product channel to demonstrate they are 'in control'.
• Manage and resolve queries relating to control gaps or failures.

Skills

Strong analytical capability

Excellent communication skills

Strong stakeholder management

Proficiency in Excel

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 150,000 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.

First Line Risk & Control Team

First Line Risk & Control Team is part of the Operations Risk & Control pillar within the EMEA Operations division. Its purpose is to equip the Product Service pillars in Operations with a dedicated, pre‑emptive first line control function which will enable Operations to meet internal and external (including regulatory) obligations. Duties include providing dedicated risk & control oversight to product service pillars and executing the central control assurance function, by driving the control agenda, sponsoring control themes across pillars, delivering control MI / risk reporting, owning control framework.

Main Purpose of the Role

Risk & Control Specialist
In this role, you will be supporting the Product channel ensuring effective control oversight of Operations processing activities through pre‑emptive monitoring, reconciliation and continuous risk assessment. Proactively identify potential risks by monitoring and analysing indicators, trends, and emerging issues. Develop appropriate response plans. Work with cross‑functional teams to establish best practices in risk management and integrate them into business operations.

• Focus of this role will be to have good BAU knowledge and oversight to be able to provide Operational Control Oversight for key KRI’s and KPI’s for Regional Operations Product Services processing areas – have a strong understanding of reconciliation first principles to facilitate effective identification of key risk and thematic issues. Leverage reconciliation expertise to play an active role in R&C risk analysis and mitigation.
• Have a good understanding of Securities and Derivative trades life cycle events, collateral funding for Derivative and Securities products, and understanding of operational requirement to support Settlement pre‑matching for Fixed Income and equity products.

Key Responsibilities

• Establishment and maintenance of the 1st line control framework (key controls) which are required to mitigate against operational failure within the product channel.
• Supporting the product channel to demonstrate / evidence that it is “in control” through: Ensure completeness of the self identified issue (SII) population
• Preparing the RAF (Risk Assessment Framework) for the Product Channel and discussing / agreeing content with the department head, Attesting to key controls on a periodic basis
• Establishment, measurement, monitoring and reporting of key risk and performance indicators for the product channel (e.g. ORM)
• Maintenance of the department’s RCSA (Risk Control Self‑Assessment)
• Management and resolution of queries relating to control gaps / failures within the unit
• Control Assurance Testing and Reconciliation
• Reduce risk through detailed reconciliation in the following areas:
• i. Execution of self‑inspections (inspection and countermeasure)
• ii. Ensuring SOX testing is performed and its accuracy
• iii. Execution of the RCSA controls testing.
• Incident Management
• Management of Audit Profile
• Procedure and Policy Management
• Execution of BAU and Internal control activities

Work Experience

• Strong Product knowledge and front to back process understanding of Investment Banking flows
• Proven track record of planning, executing, and reporting on control testing programmes, ensuring timely completion and compliance
• Familiarity with regulatory requirements and internal audit standards, ensuring adherence to compliance obligations
• Demonstrable stakeholder management skills
• Demonstrable time management skill
• Proven ability to lead and motivate others including across teams

Skills and Experience

Functional / Technical Competencies

• Strong analytical capability to perform risk assessments from an operational perspective
• Understanding of the general Operational process flow
• Proficiency in tools like Excel
• Excellent communication skills (written and oral)
• Strong stakeholder management skills
• Deep understanding of risk frameworks with control testing, governance, and remediation.

PERSONAL REQUIREMENTS

• Results driven, with a strong sense of accountability
• A proactive, motivated approach.
• The ability to operate with urgency and prioritise work accordingly
• Strong decision making skills, the ability to demonstrate sound judgement
• A structured and logical approach to work
• Strong problem solving skills
• A creative and innovative approach to work
• The ability to manage large workloads and tight deadlines
• Excellent attention to detail and accuracy
• A calm approach, with the ability to perform well in a pressurised environment
• Excellent Microsoft Office skills

This advert will close 1st December 2025

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.