Executive Director, Enterprise & Change Risk Management
Full-time DirectorJob Overview
The ED, Enterprise & Change Risk Management is responsible for supporting the Global Head of Risk and CRO in the development and ongoing management and maintenance of the Enterprise and Change Risk Management Framework. The role also involves supporting key frameworks such as Risk Appetite Statements (RAS), ICAAP, and risk-related policy reviews.
The ED, Enterprise & Change Risk Management will work closely with all stakeholders across the organization, including Project Management, Strategy and other Risk and /or Control functions, to review and challenge ongoing business, strategy, technology and regulatory change, and ensure effective governance of enterprise risk. This role will also contribute to strategic risk initiatives such as ESG risk management, regulatory compliance and risk frameworks supporting Company strategy.
Additionally, the ED will support the review and enhancement of risk reporting to Risk Committees (RC) and Boards, ensuring comprehensive and insightful risk visibility.
- Ongoing and periodic review and assessment of MUFG's Risk Management Framework and oversight of remediation programs
- Periodic reviews of the Risk Appetite Statements, development of Risk Appetite Measures as well as monitoring and reporting thereof
- Review of the annual Internal Capital Adequacy Assessment Process (ICAAP) reports
- Coordination of company’s annual Insurance renewal program and ongoing maintenance and assessment
- Risk Assessments of New Products, Services and Strategic Initiatives as well as Business As Usual services, departments or processes
- Monitor and assess pipeline of business cases and other change initiatives and work closely with Strategy and Project Management
- Participate and, as needed, lead cross functional reviews and assessments, including Scenario Analyses, Risk Events and Root Cause Analyses, Risk Issue remediation.
- Production and continuous enhancement of Risk Reporting, (statistical/ trend analysis, remediation tracking and KRI/KPI management) ensuring effective visibility and insights for governance committees
- Assess the use and effectiveness of eGRC tools used by the Risk departments and those of other controls functions to ensure they comply with the RMF
- Conduct deep dive risk assessments or other projects as required
- Assess new and emerging international regulations relating to Risk Management and establish communication / implementation plans as appropriate with Risk and Compliance colleagues
- Work with Risk colleagues to ensure departmental publications are consistent with the wider framework and company strategy
- Work with the Head of Risk to continuously assess emerging risk and lead appropriate improvements as required