Head of Technology Risk Management

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.

The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.

The Head of Technology Risk Management will lead and oversee the firm’s technology risk management function within the First Line of Defense, reporting directly to the Technology Business Unit Risk and Control Officer (BURCO). This executive role involves developing, implementing, and maintaining an enterprise-wide information risk management strategy to protect the firm’s assets, information, and reputation. The First Line Business Unit Risk Manager is responsible for managing organizational risks through the design and implementation of appropriate mitigating controls.

The ideal candidate will have a deep understanding of operational and information risk, regulatory requirements, and industry best practices, with experience leading teams in a complex and fast-paced environment.

Key partners for this role include the Technology CIOs across Infrastructure, Application Development, Engineering and Architecture, plus independent risk (second line of defense), internal audit, and external regulators.

REQUIRED QUALIFICATIONS

• 10-15+ years of technology and risk and control experience, including managing teams, preferably in a large financial institution or other highly regulated environment

• Bachelor’s degree (MBA/M.S. preferred) in technology, engineering, risk management, computer science, information systems, or equivalent field

• Experience implementing, executing, building or enhancing risk and control frameworks

• Experience interacting with regulators on examinations and issues remediation

• Experience interacting with second line of defense (SLoD) and third line of defense (TLoD) teams on issues life cycle, examinations, and emerging trend identification

• Experience with managing resources (people, tools and/or budget) effectively to execute required functions

• Relevant professional certifications a plus

• Certified Information Systems Auditor (CISA)

• Certified in Risk and Information Systems Control (CRISC)

• Certified Information Systems Security Professional (CISSP)

• AWS/Azure Certified Cloud Practitioner

FOUNDATIONAL SKILLS & EXPERIENCE

• Risk management exposure including evaluating the adequacy and efficiency of internal controls, performing risk assessments, identifying issues, developing remediation plans and overseeing remediation

• Understanding of the regulatory environment and regulations related to risk, Office of the Comptroller of the Currency (OCC), and Federal Reserve Board (FRB) expectations

• Experience with risk metrics definition and reporting/scorecard development utilizing key risk metrics tools preferred

• Experience relating to industry’s best practices and frameworks such as: Committee of Sponsoring Organizations of the Treadway Commission (COSO), COBIT, National Institute of Standards and Technology (NIST) CSF and 800-53, Cybersecurity Horizontal Reviews, and ITIL in complex environment

• Understanding of application development, secure by design, and system development lifecycle (SDLC) practices and framework and the key risks associated

• Understanding of risks and controls, issue management, reporting, metrics, and audits

• Experience with problem solving in a team environment by utilizing critical and creative thinking skills, providing innovative solutions, with and without technology

• Knowledge of financial institution businesses, processes, products, and risk

RESPONSIBILITIES

• Lead a team of control officers to drive work to successful completion, project manage, and pragmatically solve problems

• Maintain strong engagement across multiple stakeholders, collaborate with key senior business partners and stay abreast on risk, control agendas

• Drive risk culture; influence self-identification and disclosure of control self-assurance gaps

• Work across functional organizations to identify synergies

• Participate on various governance committees to assess and respond to emerging risks and participate in ad hoc working groups to resolve new areas of risk

• Establish, enhance, and actively monitor key risk metrics

• Develop root cause and remediation plans to resolve negative trends or failures

• Specific BAU responsibilities will include working collaboratively with the businesses as a BURCO team representative to execute the following:

• Issue Identification:

  • Partner with business to proactively identify MSIs and appropriately document SLoD and TLoD identified issues, using the appropriate templates and coordinating with impacted stakeholders to document accurate root causes and seek required approvals for issues to be submitted through issue intake and pass tollgate for issue documentation in Open Pages. 

• MAP development:

  • Work with other BURM teams and BURCO validation teams to challenge any potential issues and participate in issue identification and development once they are recognized and agreed as issues

  • Review, challenge, and participate in issues’ MAP development to ensure MAPs can address the control deficiencies and symptoms pointed out in the issue, including building out a sustainable and repeatable process

• Issue validation:

  • Perform first line validation of issues including MSIs, SLoD, TLoD, and regulatory issues

  • Review, challenge, and participate in issue lifecycle validation with BURMs’ teams to ensure issue packages are completed properly prior to being presented at tollgates (review and challenge) meetings

• Reporting and QA support:

  • Support management to generate various metrics/ reports for senior management and board level committees

  • Maintain standard IM templates

  • Provide QA and reports on OpenPages issues

• Stakeholder engagement:

  • Engaged with Operations & Technology key stakeholders, management, BURMs, SLoD, and TLoD to ensure risks are understood across all LoDs and risk treatment is properly identified and remediated

  • Manage issues tollgate process: Review issue intake submissions for tollgates (review and challenge), provide feedback on issue packages (new issues, MAPs, closures packages, risk acceptances), ensure requirements are met, and that follow-ups are acted on and completed

• Additional responsibilities will include working collaboratively with the business units and their risk teams to execute the following:

  • Support definition, reporting and monitoring of various metrics reports for senior management and board level committees

  • Maintain standard issues management (IM) templates

  • Provide quality assurance (QA) and reports on OpenPages issues

  • Engage with key stakeholders, management, BURMs, SLoD, and TLoD to ensure risks are understood across all lines of defense (LoD) and risk treatment is properly identified

FOUNDATIONAL SKILLS

• Excellent communication, presentation, and influencing skills and ability to manage stakeholders across multiple disciplines, strong written skills

• Excellent analytical, organizational, and conceptual skills

• Serving as a trusted advisor to the ITA BURCO

• Exercises sound judgement and strive for continuous improvement

• Demonstrates optimism, resilience, flexibility, and openness to others' ideas

• Ability to identify obstacles and work in conjunction with others to identify options/solutions

• Ability to constructively work both independently and in collaborative environments involving all levels of management and employees

PROFESSIONAL CERTIFICATIONS

• Certified Information Systems Auditor (CISA)

• Certified in Risk and Information Systems Control (CRISC)

• Certified Information Systems Security Professional (CISSP)

• AWS/Azure Certified Cloud Practitioner

The typical base pay range for this role is between $180K to $225K depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.

MUFG Benefits Summary

We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.We are proud to be an Equal Opportunity Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.