Vice President, Technology and Cyber Risk Oversight

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.

OVERVIEW OF THE DEPARTMENT/SECTION

The Group’s operating companies include MUFG Securities EMEA plc and MUFG Bank.

The role sits in the Operational Risk Management team that reports into the Chief Risk Officer.

The Operational Risk Management team is responsible for running the Operational Risk Management Framework and conducting oversight activities across the EMEA region. Within the scope of responsibilities of ORM is the Second Line of Defense activities for Technology Risk, Cyber Security. Third Party Management and Operational Resilience.

The Director of Operational Risk Management, Technology EMEA is seeking to enhance the organisation’s Technology and Cyber Risk framework and associated capabilities to ensure the firm remains appropriately protected in the evolving threat landscape, and enable ORM to provide appropriate check, challenge, input and oversight.

MAIN PURPOSE OF THE ROLE 

To assist with the development of the firm’s Second Line of Defence capabilities (policies, procedures, risks and controls) to manage Information Security, Technology and Cyber risk in London and support across the EMEA region, in line with regulatory requirements, and to support the achievement of the Bank's strategic objectives.

KEY RESPONSIBILITIES

• Assist with the continuous embedding of the Operational Risk Management framework for Technology and Cyber Risk and Control within the Technology function, in collaboration with the First Line teams and Head Office.
• Monitoring regulatory changes in approach to Technology and Cyber and recommend respective changes and enhancements to the Risk and Control framework.
• Support the development and delivery of medium to long term objectives and actions within the framework, including greater oversight and additional testing of the Technology and Cyber Controls and RCSA.

• Participate actively in the delivery of changes, enhancements and projects in conjunction with the Technology and Resilience teams.
• Provide robust challenge to the First Line of Defence as they identify, assess, manage and report their risks and issues through various tools and activities including risk and control assessments, key indicators, issue and incident management, and control assurance.
• Monitor monthly trends in Technology and Cyber KPI/KRI and threat intelligence and provide challenge and escalation at an SME level.
• Perform Second Line of Defense project oversight activities in the evaluation of risk for new product, system and other material change projects.
• Monitor the wider Technology risk ecosystem and confidently communicate status, changes and concerns to management and other key stakeholders effectively.
• When required, supervise junior members of the team in business-as-usual (BAU) 2LOD activities and change initiatives.
• Assist in the creation and maintenance of a best practice 3LoD model and work across the region to promote Technology and Cyber awareness and 2nd line value.

Regulatory compliance, affairs and change:

• Comply with, and ensure that all staff under your responsibility (where applicable) comply with, the entities’ policies and procedures as well as all rules, laws and regulatory requirements emanating from any of the regulatory authorities to which the entities are subject.
• Remain up to date with regulatory changes; ensure that changes are well understood and plans are developed for implementation as appropriate.

WORK EXPERIENCE

• Working knowledge of banking and securities products and services.

• Excellent experience and understanding of Information Security, Technology and Cyber Risk management and the required application of these risk domains within the financial services industry.
• Good understanding of the interdependencies between other non-financial risk domains and wider Operational Risk practices.
• Proven and demonstrable ability to identify, analyse, understand and concisely communicate Technology and Cyber risk, and provide the ‘so what?’ to articulate impact.
• Understanding and experience of the Audit and Assurance lifecycles within a regulated financial institution
• Strong technical and functional knowledge of external Laws, Regulations, Policies and developments applicable to the Technology, Information Security and Cyber function.
• Solid technical and functional knowledge of financial services internal rules and policies.
• Demonstrable experience of leveraging best practice and industry standards to uplift framework, process and procedure.
• Good understanding of the overall operational processes and technology challenges within the financial services industry.
• Understanding of the Accountabilities, Roles and Responsibilities across Technology and Cyber Security functions
• Ability to facilitate clear and effective communication between organisational functions, business units and offices, locally and internationally.

SKILLS AND EXPERIENCE

Functional / Technical Competencies:

• Technology and Cyber Governance Risk and Control Frameworks
• Risk, Issue and Event Management
• Control Testing and Risk and Control Self Assessment
• Technology, Cyber and Information Security Best Practices
• Threat and Vulnerability Detection and Management
• Cyber and Ransomware Incident Detection, Response and Remediation
• Information and Data Governance Principles
• Risk Governance and Escalation
• Audit and Assurance
• ISO 27001 / NIST / COBIT

Education / Qualifications:

• Educated to degree level
• CISSP, CISM, or equivalent professional qualifications desirable

PERSONAL REQUIREMENTS

• Strong team player with the ability to communicate and collaborate with business stakeholders.
• Clear and concise written and oral communication.
• Excellent accuracy and very strong attention to detail.
• Good time management and ability to prioritise.
• Strong analytical and problem solving skills.
• Excellent Microsoft Office skills

We are open to considering flexible working requests in line with organisational requirements.

MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.

We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.