Analyst, Third-Party Risk Management (1 year contract)

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 120,000 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.

Purpose of the role

Support the Head of Third Party Management (TPM) in Corporate Banking Control Department (CBCD) to support Singapore Branch to continuously meet MAS expectations. TPM takes care of process control as part of Third Party Risk Management (TPRM) framework of the branch through facilitating and continuously enhancing TPRM practices and fostering 1st line risk ownership of divisions located in Singapore

Job Responsibilities:

• Stakeholder Management: Support third party arrangement owners and foster 1st line risk ownership by providing training, education, and guidance on the processes with sufficient understanding on regulatory expectations, internal policies and procedures, and business nature and risks.

• Monitoring and Reporting: Monitor third party arrangements, identify issues, and report to internal stakeholders including Branch Managements, 2LoD, and relevant Committees

• Support the Head of TPM

• Process Control and Due Date Control: Track the progress of TPRM practices and ensure timely and accurate submission of the information / reports to the stakeholders.

• Document Check: Check accuracy and adequacy of the information / documents submitted by third party arrangement owners throughout the TPRM processes to ensure they meet formal requirements under the relevant policy and procedure.

• Document library Maintenance: Maintain the document library to enable BUs to access to the relevant manuals and existing / common documents   

• Sanction Screening  : Provide support in Third Party Service Provider Sanctions Name Screening Process

• Any special tasks assigned by the Head of CBCD and the Head of TPM

Job Requirements:

• Degree qualified.

• Minimum 1-year operational risk experience in the banking or finance industry (knowledge of IT Operational Risk would be considered as a plus).

• Candidates with prior internship in operational risk, particularly in IT operation risk may also be considered.

• Experience in using MS Excel like Pivot Table, VLOOKUP, and PowerPoint

• An understanding of the fundamentals of risk management such as risk assessment, risk mitigation, and risk monitoring.

• Familiarity with relevant industry regulations and compliance standards regarding risk management such as third-party management.

• Strong communication skills to liaise and collaborate with stakeholders.

We regret to inform that only shortlisted applicants will be notified.

Mitsubishi UFJ Financial Group (MUFG) is an equal opportunity employer. We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organsational fit, regardless of race, religion or gender.