Head of Operational Risk Management at MBE Netherlands
Amsterdam, Noord-Holland, Netherlands -
Full Time


Start Date

Immediate

Expiry Date

30 Jun, 25

Salary

500.0

Posted On

30 Mar, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Max, Presentation Skills, It, Economics, Financial Services, Mobile Phone, Mbe

Industry

Banking/Mortgage

Description

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.
Would you like to work for one of the World’s largest banks in an exciting, dynamic and international environment?
We are currently recruiting for a Director, Head of Operational Risk within our CRO Domain in Amsterdam.

SKILLS AND EXPERIENCE:

  • Academic degree in Economics, IT, Operational Auditing or other relevant field of study
  • Minimum of 10 years of relevant managerial work experience in banking or advisory roles
  • Strong understanding of processes in financial services (both banking as well as securities businesses) and able to support and challenge all areas in MBE on ORM matters;
  • Analytical ability to drive solutions to complex problems
  • Experience in presenting to senior management and regulators;
  • Up to date understanding of relevant regulation and guidelines in EU;
  • An up-to-date understanding, of the wider financial services industry, IT industry, regulatory changes and pertinent economic and political factors which may impact on MUFG business;

PERSONAL REQUIREMENTS:

  • Excellent communication and presentation skills, with ability to explain a complex topic in a structured and clear manner;
  • Demonstrate leadership and ability to build relationships, and display organizational sensitivity;
  • Takes initiative, works structurally and translates ideas into practical solutions;
  • Think independently, critically and demonstrates ability to lead or collaborate in cross-divisional teams;
  • Demonstrate good work ethic, high attention to detail and pragmatism;
  • Ability to handle a significant and diverse workload;
  • Ability to work in multicultural environment.
Responsibilities

THE ROLE INCLUDES THE FOLLOWING:

  • Manage ORM team, communicate objectives and perform appraisals;
  • Prepare ORM long term vision and annual ORM plan and ensure that work meets bank’s standards and is delivered in a timely manner;
  • Provide leadership/mentoring/coaching to team members and support them in their professional development;
  • Support MBE CRO in promoting a sound risk culture in the bank;
  • Provide expert advice and guidance to the 1st Line to ensure identification, assessment and consistent management of all operational risks,
  • Monitor adherence to MUFG’s framework of rules and policies as well as local laws and regulations and ensure embedding of risk management principles and practices in the Bank’s daily business operations.
  • Escalation of risk events and regulatory breaches in accordance with the Bank’s risk governance framework.
  • Contribute to increased risk awareness in the organisation by providing training.
  • Contribute to enhancement of risk management policy house, including drafting, reviewing and updating policies, guidance, procedures and work instructions;
  • Lead or participate in required projects or initiatives in facilitating the identification and evaluation of risks and controls, providing expertise and recommending proportional cost effective and efficient solutions.
  • Provide advice and guidance to team members including motivation, support and the sharing of best practice.
  • Being critical and promote changes to systems, processes and working practices in order to achieve operational control.
  • Pro-actively develops and maintains relationships with a wide range of key contacts in all areas of MUFG.

The Head of ORM is responsible for

  • development of a long term vision for the development of ORM in cooperation with EMEA ORM and other MBE areas.
  • design and delivery of the ORM annual plan as agreed with the Chief Risk Officer (CRO) of MBE and the EMEA Head of ORM.
  • ensuring that senior management have sufficient insight to determine current and desired maturity level of Operational Risk Mgt in the bank.
  • maintaining good knowledge of current and upcoming relevant regulations, supporting MBE in planning for timely regulatory compliance for OR.
  • active contribution to a risk management culture which is open and considered positive and contributing to the success of MBE and MUFG

ORM is responsible for:

  • Identification, assessment, monitoring and evaluation of ORM risks in the bank.
  • Support and advice in design and deployment of the ORM risk management framework, including risk culture, policies, appetite and limits.
  • Challenge and escalation of risk and/or control issues to the Management Board

We offer you a role in one of the largest banks of the world in a growing and international environment. You have various opportunities to develop yourself and we will support you with that by offering various training and development possibilities.

  • We take into account your home situation and your ambitions and help you to balance work and private life.
  • Monthly team events.
  • To work in an ambitious, international environment with colleagues from different countries and cultures, who strive for the best
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