Assistant Vice President - Regulatory Affairs

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.

Purpose of the role

The Regulatory Affairs Team (“RAT”) is responsible for the Bank’s communication strategy with the local regulator, the Monetary Authority of Singapore (“MAS”) and the Association of Banks in Singapore (“ABS”). As part of the team’s mandate, this person will support the central role for MAS and ABS communication. In addition, the person will manage the Bank’s regulatory affairs matter.

Job Responsibilities:

• Coordinate MAS inspections, MAS supervisory visits, MAS offsite risk assessment, surveys/information requests with relevant departments, perform sanity checks on responses and ensure the departments complete the requests in a timely manner.

• Involve in facilitating the discussions with the MAS Banking Development on Bank’s or Authority’s business initiatives.

• Prepare materials for the monthly Executive Management Committee meetings and summary of briefing material for Singapore Management

• Assist Singapore Management and Head of Department to highlight any various key risks and control from governance perspective. Key risks include but not limited to AML/CFT, Credit Market, Liquidity, IT, etc.

• Complete any other ad hoc projects assigned by the Head of Department or Singapore Management in a timely manner

• Support Team Lead or the Head of Department to drive resolution of material risks and regulatory issues on behalf of Singapore Management by engaging stakeholders to close the necessary gaps

Job Requirements:

• Minimum Bachelor’s degree in Accountancy, Finance or a related discipline

• At least 3 years of risk and compliance experience within Banking and Finance or Audit sector

• Excellent written and oral communication to communicate effectively with internal and external stakeholders

• Good interpersonal and analytical skills, meticulous, independent, strong and motivated team player.

• Demonstrate strong ability to multi-task and meet tight deadlines. Ability to adapt to a fast-paced environment

• Must be proficient in MS Office and its applications.

We regret to inform that only shortlisted applicants will be notified.

Mitsubishi UFJ Financial Group (MUFG) is an equal opportunity employer. We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organsational fit, regardless of race, religion or gender.