Senior Associate, Risk

Overview

We are seeking an experienced First Line Risk Senior Associate with 2+ years of experience to join our IT Risk Team. The qualified individual will join a highly detail-oriented team responsible for providing strategic support in the Information Risk/Technology Risk area to the first line Risk Functions in the design, implementation and maintenance of the first line Risk programs and related policies & procedures. The First Line Risk Manager will have an active role in the development and implementation of enhancements to the overall first line IT Risk Programs, documenting risk and control self-assessments, conducting control tests, updating and tracking issues and providing management reporting to senior management and various committees/forums.

Key Accountabilities and Main Responsibilities

Strategic Focus

• Development of First Line Risk Frameworks - Contributing to the design and enhancement of risk procedures aligned with enterprise standards.
• Participation in Strategic Projects - Engaging in cross-functional initiatives like system implementations and regulatory efforts.
• Compliance with Risk Governance Standards - Ensuring alignment with CUSO Risk Framework and promoting a strong risk culture.

Operational Management

• Support RCSA Program Execution - Planning and executing Risk and Control Self-Assessments.
• Issue Monitoring and Remediation Coordination - Tracking and resolving open issues across risk domains.
• Policy and Procedure Management - Maintaining and updating risk-related documentation.
• Control Testing Execution - Performing and documenting control tests.
• Documentation & Reporting - Preparing reports and dashboards for transparency.
• Continuous Improvement - Recommending enhancements to controls and methodologies.
• Project Management Skills - Tracking progress and directing team efforts.

People Leadership

• Stakeholder Engagement - Collaborating with internal teams and communicating findings.
• Fostering team cohesion and performance.
• Strong presentation and communication skills - Communicating effectively across levels.
• Demonstrates leadership in team settings.

Governance & Risk

• Compliance & Standards Alignment - Ensuring adherence to internal and external standards.
• Experience in Operational Risk Management especially in Information/Technology Risk.
• Familiarity with industry frameworks - NIST, FFIEC, COBIT, ISO27002, OWASP.
• Preferred certifications - CISSP, CRISC, CISA, CISM.

• Issue Identification & Escalation - Identifying and escalating control deficiencies.

• The above list of key accountabilities is not an exhaustive list and may change from time-to-time based on business needs.

Experience & Personal Attributes

Qualifications:

Educational and Professional Qualifications:

• Chartered Accountant / Master's degree in Business Administration, Commerce, Finance with minimum of 2 years of experience in in Operational Risk Management in Information/Technology Risk and operations / accounting within the financial services industry
• Experience in the Second Line of Defense (SLoD) is desirable.
• Strong understanding of risk assessment methodologies and experience in Financial Services, preferably in the Fund Services environment.
• Proven ability to demonstrate detailed knowledge of various operational risk types and understanding of internal control principles to support successful execution of risk programs
• Project management skills and ability to track project progress and direct/redirect team efforts

Personal Attributes:

• Strong and analytical and problem-solving skills and ability to lead a medium-sized team
• Support senior leadership in adoption and execution of accounting review standards and best practices.
• Ability to analyse, resolve and document problems and resolutions.
• Ability to work as part of a cross-cultural team.
• Strong organization and time management skills
• Continuous improvement focus, with the ability to identify risks, cost efficiencies, and operational improvements.
• Strong presentation and communication skills with ability to communicate clearly and effectively at all levels.
• Self-driven and motivated with a focus on operational efficiency and continuous improvement.

Benefits:

• Competitive salary and performance-based bonuses.
• Comprehensive health and wellness benefits.
• Opportunities for professional development and career advancement.
• Collaborative and inclusive work environment.
• Flexible working arrangements and work-life balance initiatives.
• Access to cutting-edge technology and tools.
• Employee recognition programs and team-building activities.

MUFG Pension & Market Services is a global, digitally enabled business that empowers a brighter future by connecting millions of people with their assets – safely, securely and responsibly.

Through our two businesses MUFG Retirement Solutions and MUFG Corporate Markets, we partner with a diversified portfolio of global clients to provide robust, efficient and scalable services, purpose-built solutions and modern technology platforms that deliver world class outcomes and experiences.

A member of MUFG, a global financial group, we help manage regulatory complexity, improve data management and connect people with their assets, through exceptional user experience that leverages the expertise of our people combined with scalable technology, digital connectivity and data insights.