Third Party Risk Management Operations
1 week ago
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 150,000 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.Third Party Risk Management (TPRM) is part of the Business Critical Services function (alongside Procurement & Vendor Management) and is responsible for identifying and managing the risk associated with the use of third parties (suppliers) across a broad range of risk areas (Data, Cyber, Resilience, Fraud etc). This is an ever evolving area, adapting to new regulations, external threats and opportunities to expand and change internally.As a result the TPRM team is structured into two key areas – RUN and CHANGE – the CHANGE side looks at the new regulations and any remediation activity to develop approaches which can then be moved into BAU which is managed by the RUN side which operates the framework on a day to day basisNUMBER OF DIRECT REPORTSN/AMAIN PURPOSE OF THE ROLEThis role supports the RUN side of TPRM working with business requestors, risk teams, BCS colleagues and other stakeholders to facilitate the assessment and completion of requests submitted into the TPRM systemKey ResponsibilitiesWork with business requestors across EMEA region to review new requests, provide guidance, assess accuracy and challenge where necessaryOwn throughput of requests, both for external third parties and intragroup relationships, within the EMEA TPRM process and frameworkExpedite review with key stakeholders such as Cyber Security & Data PrivacySupport and, where necessary, escalate the completion of due diligence questionnaires and follow up questions with suppliersSupport the VP TPRM Operations Manager and Head of TPRM in collaborating across regionsEnsure risk assessments are completed in a timely manner and are accurateIdentify opportunities for efficiency and optimizationWork with offshore teams to manage transactions and drive process efficienciesUndertake projects under the direction of the VP – TPRM Operations Manager to address issues within the TPRM processParticipate in activities to support the upgrade and ongoing development of the TPRM system and process.Additional Responsibilities:Maintain robust procedural controls to ensure compliance with local regulatory requirementsAct in a consultative capacity providing advice and guidance to stakeholdersFocus on developing own knowledge and staying up to date with best practices & technologiesMaintain and continually improve the Third Party Risk Management frameworkAct as a champion to ensure TPRM policies and procedures are correctly adopted and appliedDevelop and maintain own understanding of best practices in TPRM and current regulatory requirementsCommunicate and disseminate TPRM knowledge to build a center of expertiseProvide oversight and challenge to the 1st line defense for supplier on-boarding requests and supplier performance reviewsResponsible for working autonomously to resolve operational issues as they arise and to achieve a satisfactory conclusion. This includes the requirement to escalate operational incidents on a timely fashion including where necessary the implementation of preventative measures to avoid reoccurrenceResponsible for supporting change, managing the communication of the strategy in a positive manner and enabling its' implementationWork ExperienceEssential:Demonstrable experience in all areas of responsibility stated above, with a clear focus on TPRMSkills And ExperienceFunctional / Technical Competencies:Demonstrable knowledge of Third Party Risk ManagementSignificant experience of building relationships with stakeholdersAble to demonstrate maintenance of robust procedural controls to ensure compliance with local regulatory requirementsPersonal RequirementsExcellent communication skillsResults driven, with a strong sense of accountabilityA proactive, motivated approachThe ability to operate with urgency and prioritise work accordinglyStrong decision making skills, the ability to demonstrate sound judgementA structured and logical approach to workStrong problem solving skillsA creative and innovative approach to workExcellent interpersonal skillsThis Advert will close 18th December 2025We 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.
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