Division Risk Manager - AVP

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.

The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.

The Division Risk Manager (DRM) is a member of the First Line of Defense (FLoD) responsible for overseeing the identification, assessment, monitoring, and remediation of risks and issues within the assigned business unit. The role ensures effective execution of the Risk & Control Self-Assessment (RCSA) and Issue Management programs in alignment with enterprise standards and regulatory expectations.

The DRM is part of a team of approximately 4-5 risk managers responsible for day-to-day execution of risk and issue management activities and serves as a trusted risk advisor to business leadership.

Key Responsibilities

Risk & Control Self-Assessment (RCSA)

• Lead and execute the RCSA lifecycle in accordance with enterprise standards.
• Ensure comprehensive identification and assessment of Operational, Compliance, Third Party, Information, and Model Risks.
• Provide effective challenge to business stakeholders on risk identification, control design, and control effectiveness.
• Ensure risks, controls, and processes are accurately documented and maintained within OpenPages.
• Identify emerging risks and thematic control issues and escalate as appropriate.

Issue Management

• Serve as FLoD owner for Issue Management activities from identification through remediation and closure.
• Ensure timely identification, escalation, and documentation of issues where risk exceeds tolerance.
• Oversee root cause analysis, management action plans, remediation timelines, and remediation evidence quality.
• Govern issue changes, extensions, and escalation processes.
• Ensure remediation is completed in a timely, sustainable manner and is prepared for independent validation.

Qualifications

• 3-5 years of experience in operational risk management, audit, compliance, bank operations or related disciplines.
• Experience implementing, executing, building, or enhancing risk and control frameworks.
• Experience interacting with regulators on examinations and issue remediation.
• Experience partnering with Second Line of Defense (SLoD) and Third Line of Defense (TLoD) teams across issue lifecycles, examinations, and emerging risk identification.
• Experience presenting balanced risk perspectives to senior risk and control governance committees.
• Experience with process documentation (MS Visio), risk and control assessments, and issue validation.
• Excellent skills in risk assessment, governance, and reporting with strong understanding of business operations and financial markets preferred.
• Strong knowledge of inherent risks within the applicable business lines.
• Ability to analyze risk trends and identify indicators of changing risk levels.
• Ability to translate technical risk concepts into clear, business-oriented language.
• Demonstrated problem-solving skills with the ability to deliver innovative solutions with or without technology.
• Demonstrated experience working within a First Line of Defense model in a regulated financial institution.
• Experience with risk management systems such as OpenPages preferred.

Core Competencies

• Risk judgment and critical thinking
• Strong written and verbal communication skills, with the ability to tailor messaging to technical, business, and executive audiences
• Stakeholder engagement and influence
• Governance and escalation management
• Continuous improvement mindset

Education

• Bachelor’s degree required; advanced degree preferred.

Pay and benefits

The typical base pay range for this role is between $96K - $120K depending on job-related knowledge, skills, experience, and location. This role may also be eligible for certain discretionary performance-based bonuses and/or incentive compensation.

Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays.

For more information on our Total Rewards package, please click the link below.

MUFG Benefits Summary

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.