Job Description

About MUFG Global Service (MGS)

MUFG Bank, Ltd. is Japan\xe2\x80\x99s 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\xe2\x80\x99s parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world\xe2\x80\x99s 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\xe2\x80\x99s 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\xe2\x80\x99s shares trade on the Tokyo, Nagoya, and New York stock exchanges.For more informat



About 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.

For more information, visit https://

MUFG Global Service Private Limited

Established in 2020, MUFG Global Service PrivateLimited (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 Pacific

About the Role

Position Title: Manager/AVP

Corporate Title: Assistant Vice President

Reporting to: Head of corporate center/Risk Head

Location: Bangalore

Job Profile

Purpose of Role

We are looking for a Manager in Control Monitoring and testing, who will support the Enterprise risk management team to provide insights and support in executing enterprise level testing coverage over entity level risks such as business continuity, information security & third-party risk management. In this role, you will support the annual audit done by the GIA. Conduct pre-audit reviews for MGS. You will also play a critical role in the ongoing development of supporting various risk departmental initiatives for eg. Process reviews, the matic reviews, facilitates the RFIs between units and auditors

Job duties & responsibilities

• Minimum 10 years of experience in enterprise level risk, of which at least 5 years must include direct experience preferably from a global perspective (information security, business continuity, third party risk management and risk management control concepts)
• Experience in execution of risk management, control monitoring testing, enterprise risk management framework testing.
• Participate in the control monitoring & testing, information security spot checks, thematic reviews (policy adherence review, governance adherence etc), to make sure we have a well-established control environment.
• Support the execution of all MGS audit through reviewing the terms of reference, facilitate RFIs by ensuring effective coverage in sharing the evidence with auditors and the timely escalation of issues and conclusions, communicate audit deliverables including the audit findings to senior and executive management.
• Perform process reviews by defining the terms of reference, identifying the scope, applicability, field work and report socialization with stakeholders and report to RMF.
• Prepare and deliver periodic management reports to RMF for management oversight and control.
• Prepare audit heat map check to conduct the pre-audit reviews for preparedness of audit.
• Participate in risk forums and management risk working groups promoting balanced discussions and encouraging challenge and debate.
• Maintain effective partnerships with key senior leaders in the enterprise risk management area of the MGS by identifying potential control risks and gaps while development and implementation activities.
• Provide insight on the evolving risk environment and interact with key stakeholders & senior management.
• Stay abreast of industry matters and efficiently and effectively apply applicable new developments in control monitoring area.
• Drive strategy to use data analytics and simplify complicated processes including standardization of control monitoring programs.
• Ensure that internal controls commensurate with the complexity of business are in place across the organization. To determine whether existing processes, documented, understood, and adhered to by all relevant parties.
• Ensure standard operating procedures (SOPs) policies, guidelines are adhered to. Provide recommendations wherever necessary.
• Through a systematic and methodical approach raise alerts on risk situations and add value in a testing role to top management of the business.
• Identify and drive initiatives that improve the risk management activities at the firm.

• Strategic thinking that focuses on developing innovative solutions to optimize execution approaches while maintaining efficiency.
• Highly collaborative with an ability to develop and maintain strong relationships within the department and with stakeholders across the lines of defence.
• Ability to manage complexity, effectively prioritize multiple tasks and work independently in non-routine situations and in a fast-paced environment.
• Strong communication skill,effective problem solving,conceptual thinking.
• Fluency in English written and spoken.
• 10+ years of experience in enterprise risk management and entity level risks.

MUFG