Associate Director, Operational Risk Management (AVP equivalent) - Jobs in Halifax region

Job Description

Experience something Brilliantly Different with a career at MUFG Investor Services.   Who are we In a nutshell, MUFG Investor Services is part of the Mitsubishi UFJ Financial Group, and we partner with over 480 loyal global investment firms to provide them with administration, asset services, banking and fund financing. We’re in 14 global locations and provide an exceptional hub of Brilliantly Different talent to thrive.The Associate Director, Operational Risk Management (ORM) is accountable for supporting the Director, Operational Risk and the Head of Risk in overseeing the successful implementation and execution of the Operational Risk Management Framework, specifically with regards to change risk associated with new products and services as well as risk associated with Business-As-Usual processes (BAU).The Associate Director, ORM works closely with all parts of the organization and supports the wider senior management team in managing the risk associated with material changes and new products or services as well as BAU processes. This includes conducting 2nd line of defense challenge on risk assessments compiled by project, program, department or process as required, challenging completeness of risks identified, adequacy of risk ratings applied, identification of gaps and appropriateness of action items. As required, the Associate Director, ORM will support 1st line in their preparation of risk self-assessments and their submissions to the Risk Committee for approval.In addition, this role will be involved in other ORM work as required, including Scenario Analysis, Risk Events, Action items administration and tracking, preparation of reporting to the Risk Committee and Boards, various ad-hoc or special risk projects, as well as in promoting and supporting the risk culture in line with the Risk Management Framework.Conduct and coordinate Change Risk Assessments and other Risk and Control Self-Assessments by reviewing project submission data and challenge and track progress to promote accurate and timely representation to the Risk Committee.Coordinate the action plan monitoring and follow-up program and prepare relevant reporting and tracking dashboards for board and committee reporting.Enhance reporting and tracking mechanisms as required utilizing the risk system and other data repositories and reporting toolsWith support of the Director of ORM, manage relationships required for successful project managementPrepare and review of periodic Risk and Control Self-Assessments of Operational Activities/Departments and Third Party Provider Risk AssessmentsScenario Analysis, Risk Events, Key Control Testing, as well as any deep dive risk assessments or other projects as directedSupport other risk departments as required for risk assessment or program enhancementsCommunicate, interpret, and implement Risk Management policiesamp; proceduresCollate and present training programs as required to stakeholdersProduce various periodic and ad-hoc Operational Risk Reporting including statistical/trend analysis, remediation tracking and KPI / KRI managementWork on rectifying operational errors, resolving the error at hand and tracking the implementation appropriate protocols to mitigate the risk of reoccurrenceAssist Internal Audit and Operations with general risk assessment and managementSupport client RFP/DDQ requirements and documentation as required.Study new and emerging international regulations and their application, reporting on the requirements and how they affect the business, and implementing processes to satisfy these requirementsWork with the Director, Operational Risk and the Head of Risk to continuously assess and improve the control environment Existing experience in Operational Risk Management, 2nd line preferablyExperience with risk assessment practices including Change Risk Assessments, RCSA, Vendor Risk Assessments etc.Experience in roles requiring product and process management assessment and implementation.Knowledge of financial services practices, plans and trends on risk and controlsWorking knowledge of Fund administration business is requiredKnowledge and understanding of regulatory requirements for risk management, as well as risk requirements and guidelinesHands on knowledge of risk assessment techniques with strong cross-experience in financial services / fund servicesAccredited Project Management Qualification is preferableSolid understanding of broader risk frameworksWhat’s in it for you to join MUFG Investor Services Take a look at our careers site and you’ll find everything you’d expect from a career with the fastest-growing business at one of the world’s largest financial groups. Now take another look. Because it’s how we defy expectations that really defines us. You’ll feel that difference in all kinds of ways.  Our vibrant CULTURE. Connected team. Love of innovation, laser client focus, and next-level LEARNINGamp; DEVELOPMENT.  Oh, and we really walk the talk when it comes to HYBRID WORKING.   So, why settle for the ordinary  Apply now for a Brilliantly Different career. We thank all candidates for applying; however, only those proceeding to the interview stage will be contacted.