Product Governance, AVP

MBE - Netherlands; Amsterdam; Hybrid; EUR 100,000 - 140,000; Full time

Benefits offered by this job

8% holiday allowance

13th month salary

30 vacation days per year

Commuting allowance (public transport)

Job summary

MUFG Bank (Europe) N.V. (MBE) in Amsterdam seeks a senior AVP to lead Product Governance, coordinating governance across Front Office, Risk, Compliance, Legal and Operations.

You will drive approvals, reporting and lifecycle reviews, ensuring regulatory alignment and robust evidence for decisions. The role partners with multiple stakeholders across a large international bank, working in a hybrid setup with a minimum of 3 days in the office.

Qualifications

• 7+ years' experience in Banking, Financial Services, Product Governance, Risk, Compliance, or Operations.
• Experience supporting governance committees and approval processes.
• Advanced knowledge of SharePoint and Microsoft 365 applications.

Responsibilities

• Coordinate product governance processes, committee activities, product approvals and governance reporting.
• Manage NPC meetings, governance packs and minutes; track conditions and escalation.
• Maintain product catalogue and lifecycle documentation; ensure evidence-based decisions.

Skills

Governance

Risk management

Compliance

SharePoint

Microsoft 365

English communication

Tools

Power BI

Power Automate

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. Would you like to work for one of the world's largest banks in an exciting, dynamic and international environment? We are currently recruiting for an Assistant Vice President, Product Governance for our Chief Strategy & Planning Office in Amsterdam.

About MUFG Bank (Europe) N.V.

MUFG Bank (Europe) N.V. (MBE) is a fully-owned subsidiary of MUFG Bank, headquartered in Amsterdam. With offices throughout Europe, our teams provide clients with comprehensive financing solutions spanning Coverage & Structured Finance, Capital Markets and Transaction Banking, using MUFG’s global reach to provide bespoke solutions. Please visit our website for more information – https://www.mufgemea.com/mbe

Department overview

The Product Governance Department within MUFG is responsible for overseeing the end-to-end governance framework for products across their lifecycle. The team ensures that products are reviewed in compliance with regulatory requirements, internal policies, and risk management standards. Working closely with Product Management, Compliance, Legal, Risk, Operations, and Business stakeholders, the department drives product approvals, governance processes, target market assessments, product reviews, and regulatory change implementation to ensure fair customer outcomes and effective product oversight.

Function positioning

The Assistant Vice President (AVP) Product Governance supports the MBE Product Governance Framework, ensuring compliance with regulatory requirements, internal policies and risk management standards across the product lifecycle. Acting as a key liaison across Front Office, Product Management, Risk, Compliance, Legal, Operations and Finance, the role coordinates product governance processes, committee activities, product approvals, governance reporting, audit and regulatory remediation, and continuous framework enhancement. As part of the first line of defence, the AVP supports MBE's product governance process ownership, ensuring new products, material changes, conditions/restrictions, lifecycle reviews, product withdrawals, management information, records and escalations are managed through a robust and evidence-based governance framework, while preserving business ownership and independent 2LoD challenge. The role includes the following / key responsibilities:

• Product Governance Framework and Governance Oversight: Support the implementation and continuous enhancement of the Bank's Product Governance Framework. Collaborate with cross-functional SMEs and regional stakeholders to ensure alignment as well as to enhance efficiency in the governance Manage governance documentation, procedures, standards, and operating guidelines. Coordinate and manage the New Product Committee (NPC) meeting requirements. Prepare governance packs, committee materials, meeting agendas, and minutes. Track approval conditions, action items, and post-implementation reviews. Manage the NPA intake pipeline, prioritisation and readiness gate process before submission to NPC. Coordinate SME risk assessments, approvals, no-objections and challenge responses across Risk, Compliance, Legal, Operations, Finance, Financial Crime, Operational Resilience and other relevant stakeholders. Track and evidence NPC decisions, approval conditions, restrictions, residual risk acceptance and escalation points. Support CTC identification, SME assessments and approval tracking where required under the product governance process. Maintain and support the product catalogue / product inventory, including alignment to product taxonomy and lifecycle status. Support periodic and trigger-based product reviews, including PIRs, PAPs, lifecycle assessments and remedial action tracking. Monitor conditions, restrictions and ongoing adherence requirements throughout the product lifecycle. Ensure lifecycle decisions are supported by appropriate evidence, approvals, MI and escalation where required. Manage documentation and record-keeping requirements in accordance with regulatory and internal governance standards.
• SharePoint & Documentation Management: Manage and maintain Product Governance SharePoint sites, repositories, workflows, and document libraries. Ensure governance documentation is accurately maintained, version controlled, and readily accessible. Drive improvements in document management, collaboration tools, and reporting capabilities using SharePoint.

Qualifications

• 7+ years' experience within Banking, Financial Services, Product Management, Product Governance, Risk, Compliance, or Operations.
• Sound understanding of banking products, services and F2B operating model.
• Experience supporting governance committees and approval processes.
• Strong understanding of risk management and control frameworks.
• Ability to produce senior management ready MI, dashboard, audit trails and governance evidence.
• Experience working with senior stakeholders across multiple functions.
• Experience coordinating cross-functional SMEs.
• Ability to manage multiple priorities in a dynamic environment.
• Hybrid working model with a minimum of 3 days in the office.
• Excellent written and verbal communication skills in English.
• Advanced knowledge of SharePoint and Microsoft 365 applications.

Preferred

• Knowledge of European banking regulatory expectations around product governance, internal governance, lifecycle oversight etc.
• Professional qualifications in Risk Management, Compliance, Product Management, or Banking.
• Experience working within an international banking environment.
• Experience with Power BI, Power Automate, or other Microsoft 365 automation tools.

Personal Requirements

Integrity and Responsibility: Balance Risk with Opportunity Customer Focus Demonstrate Global Perspective Professionalism and Teamwork: Drive For Results Collaborate and Build Partnerships Communicate Effectively and Professionally Challenge Ourselves To Grow: Influence and Inspire Others Lead Change & Seek Continuous Improvement Think Strategically Manage and Develop Talent

What do we have to offer

• Monthly team events.
• To work in an ambitious, international environment with colleagues from different countries and cultures, who strive for the best.
• Gross salary based on experience and consistent with the market.
• 8% holiday allowance and 13th month payment.
• 30 vacation days per year.
• Optional you can buy 15 additional days.
• Commuting allowance based on annual public transport 2nd class, most economical way, or € 0,23 per km with a max of 75km one way.
• €5,00 net remote working compensation per day, with a maximum of €60,00 per month.
• Possibility to order a mobile phone (up to €800,-).
• Possibility to order Office Equipment’s for the home office, (up to €500,-).
• Remote Working Policy i.e. Working From Home (WFH) and Remote Working in another Country.
• Bicycle plan (fiscal benefit).
• Company fitness (fiscal benefit).
• Mental health workshops and budget for external courses (i.e. Dutch language classes).
• Employee contribution towards Pension insurance (max 5%, currently 2%), our pension scheme is based on a defined contribution scheme.
• Training & development possibilities paid by the bank.

Additional information:

Acquisition in response to this vacancy is not appreciated.

The role is based in the Netherlands. All candidates need to be willing to relocate to the Netherlands. Internal employees will be supported in case of relocation.

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