Senior Analyst Risk Assessment

Job title: Senior Analyst Risk Assessment

Company: MUFG


Job description: About MUFG Global Service (MGS)MUFG Bank, Ltd. is Japan’s premier bank, with a global network spanning in more than 40 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. MUFG Bank’s parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, the Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.The Group aims to be the world’s most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges.For more informatJob DescriptionAbout Us:MUFG Bank, Ltd. is Japans premier bank, with a global network spanning in more than 40 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. MUFG Banks parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the worlds leading financial groups. Headquartered in Tokyo and with over 360 years of history, the Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.The Group aims to be the worlds most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFGs shares trade on the Tokyo, Nagoya, and New York stock exchanges.MUFG Global Service Private Limited:Established in 2020, MUFG Global Service Private Limited (MGS) is 100% subsidiary of MUFG having offices in Bengaluru and Mumbai. MGS India has been set up as a Global Capability Centre / Centre of Excellence to provide support services across various functions such as IT, KYC/ AML, Credit, Operations etc. to MUFG Bank offices globally. MGS India has plans to significantly ramp-up its growth over the next 18-24 months while servicing MUFGs global network across Americas, EMEA and Asia PacificAbout the Role:
Position Title: Risk Assessment Senior Analyst
Corporate Title: Senior Analyst
Reporting to: EMEA Risk Assessment VP
Location: BangaloreJob ProfilePurpose of Role:

• Specifically, accountability for the following named departments, this includes: Financial Crimes Office for EMEA (FCOE) / Risk Assessment Team

Main Responsibilities:

• Specifically, you will be accountable and responsible for taking appropriate action with respect to the Company, GFCD, FCOE, and the EMEA Training Team, including:
• Responsible for facilitating AML, Sanctions and ABC risk assessments across the Bank for the EMEA region in order to enable the Group to understand its Inherent Risks and Control Environment Effectiveness.
• Responsible for designing, implementing and executing AML, Sanctions and ABC risk assessments across MUFG Securities globally in order to enable the Group to understand its Inherent Risks and Control Environment Effectiveness.
• Responsibility and oversight for supporting key stakeholders in regional branches and global offices with completion of global risk assessments and local regulatory risk assessments.
• Authority and responsibility to build an expert level knowledge of MUFGs Risk Assessment Standards and act as a key point of contact in the region and globally for all Risk Assessment related queries.
• Responsible for facilitating the identification of risk coverage gaps to drive necessary process enhancements across risk assessments.
• Responsible for creating and maintaining Risk Assessment methodologies that meet the minimum standards for the Group, and contributing to training, guidance and direction on the implementation of the methodologies.
• Responsible for configuring customer and transactional data in order to understand the Inherent Risk of the business.
• Responsible for undertaking report writing and preparing heatmaps and graphics to document the overall Residual Risk of the business and the factors which influence the ratings.
• Responsible for cascading the Group Risk Appetite Statement to the stakeholders across Bank and Securities, as well as tracking adherence against key metrics.
• Responsible for liaising and coordinating with Testing, Audit, Training and Issues Management, among others.
• Responsible for responding to audit or regulatory requests/issues around risk assessments.
• Assisting with Operational Risk matters, including but not limited to, risk and control self- assessments Key Indicators and OpenPages.

Candidate ProfileFunctional / Technical Competencies:

• Microsoft Suite
• Teams

Personal requirements:

• Maintain and enhance good working relationships with stakeholders, across the region and globally to share best practices, provide support and develop effective local policies and procedures appropriate to the Company, and working in support of the One MUFG and overall Group strategy.

Education & professional qualifications

• Bachelors degree or above

Experience

• Overall experience of 5-8 years

Managing Conflicts of Interest

• You will have responsibilities for both Bank and Securities
• You will be required to perform your duties and responsibilities on an entity neutral basis, without favour
• You are required to follow regulatory requirements applicable to ensure each business is appropriately supported and to maintain the legal entity integrity of each of Bank and Securities.
• Working terms are dictated by functional mandates, the terms of the Dual-Hat Arrangement
• Agreement in place between Bank and Securities and any other relevant agreements entered into between Bank and Securities.
• You have responsibility for identifying and resolving where there may be a difference or conflict in needs between Bank and Securities, escalating to your manager where required.

Equal Opportunity Employer:
The MUFG Group is committed to providing equal employment opportunities to all applicants and employees and does not discriminate on the basis of race, colour, national origin, physical appearance, religion, gender expression, gender identity, sex, age, ancestry, marital status, disability, medical condition, sexual orientation, genetic information, or any other protected status of an individual or that individual’s

Expected salary:

Location: Bangalore, Karnataka

Job date: Thu, 30 Jan 2025 08:13:40 GMT

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