Overview The First Line Risk Manager will be responsible for ensuring the development, implementation, and enhancement of a robust risk and governance framework for the business as well as to the overall first line Risk Programs.
Key Accountabilities and Main Responsibilities
Strategic Focus
- Implement risk management frameworks, policies, standards, and procedures tailored to the business in alignment with Group-level policies.
- Work collaboratively with the business to build and embed a strong risk culture, promoting the Risk as a Mindset approach.
- Identify, assess, and monitor key operational, financial, and compliance risks within the first line of defence.
- Conduct risk assessments to evaluate the impact and likelihood of identified risks.
- Support the business in understanding and adhering to divisional risk appetite and tolerance, enhancing operational resilience across all functions.
- Provide support and challenge to ensure effective risk controls and frameworks are embedded in the business operations as per Risk and Control Self-Assessment (RSCA).
- Collaborate with Line 2 Risk & Compliance, ensuring clear ownership of Line 1 responsibilities while maintaining open communication.
Operational Management
- Day-to-day coordination of risk management across the business, ensuring adherence to the three lines of defence model.
- Lead the incident tracking and management process, ensuring timely escalation and resolution of issues.
- Ensure compliance with AML/KYC and other regulatory obligations, providing clear reporting and oversight
- Track and manage risk mitigation efforts, ensuring alignment with business objectives and deadlines.
- Collaborate with departmental / functional heads on the adequacy of actions to address risks highlighted in internal audit reports and ensure timely completion of risk registers.
- Identify training needs related to risk management and oversee the development of risk competence and awareness across the division.
- Participate in project meetings and provide feedback on business requirement documents and other relevant project documentation.
- Develop and maintain Key Risk Indicators (KRI s) to monitor and report risk exposure.
- Prepare risk reports and dashboards for senior management, highlighting key risk trends and issues.
- Support incident management processes, including root cause analysis and lessons learned.
People Leadership
- Work collaboratively with the wide business to uplift risk capabilities across the organization, ensuring that employees at all levels understand their role in risk management.
- Provide training, coaching, and support to build a proactive risk culture and strengthen the organization s ability to identify, manage, and mitigate risks effectively.
- Foster a culture of accountability where all employees are encouraged to take ownership of risk management activities.
- Manage a team of four risk specialists and guide them with risk assessment process and follow MUFG risk framework
- Participate in a monthly forum to highlight recommendations and implement improvements
- Drive a coaching culture within the team to identify potential risks and build capability.
*The above list of key accountabilities is not an exhaustive list and may change from time-to-time based on business needs.
Experience & Personal Attributes
Educational and Professional Qualifications:
- Bachelor s degree in Business, Finance, Risk Management, or related field. A master s degree is preferred.
- Relevant certifications such as FRM, PRM, or equivalent.
- Minimum of 8 years of experience in risk management or operational risk ideally within a line 1 function primarily from GCC.
- A minimum of three years in Operational/Information/ Technology Risk. Second Line of Defence (SLoD) Risk experience is desirable.
- In-depth understanding of risk management frameworks, policies, and processes.
- Proficiency in risk management tools and techniques.
- Manage a team of four risk specialists and guide them with risk assessment process and follow MUFG risk framework
Personal Attributes:
- Strong analytical, problem-solving and decision-making skills and ability to lead a medium-sized team
- Ability to analyse, resolve and document problems and resolutions. High attention to detail and ability to manage multiple tasks and priorities.
- Ability to work as part of a cross-cultural team.
- Strong organization and time management skills
- Continuous improvement focus, with the ability to identify risks, cost efficiencies, and operational improvements.
- Excellent presentation, communication and interpersonal skills to influence stakeholders and drive risk awareness
- Ability to work independently and take ownership of risk management activities.
- Strong stakeholder management and ability to build effective relationships across business lines.
- Self-driven and motivated with a focus on operational efficiency and continuous improvement
- Experience and ability to effectively communicate and interact with colleagues at all levels in the company, Internal Audit as well as regulators.
- Must be a self-starter, detail-oriented and extremely organized.
Benefits:
- Competitive salary and performance-based bonuses.
- Comprehensive health and wellness benefits.
- Opportunities for professional development and career advancement.
- Collaborative and inclusive work environment.
- Flexible working arrangements and work-life balance initiatives.
- Access to cutting-edge technology and tools.
- Employee recognition programs and team-building activities.
Overview The First Line Risk Manager will be responsible for ensuring the development, implementation, and enhancement of a robust risk and governance framework for the business as well as to the overall first line Risk Programs.
Key Accountabilities and Main Responsibilities
Strategic Focus
- Implement risk management frameworks, policies, standards, and procedures tailored to the business in alignment with Group-level policies.
- Work collaboratively with the business to build and embed a strong risk culture, promoting the Risk as a Mindset approach.
- Identify, assess, and monitor key operational, financial, and compliance risks within the first line of defence.
- Conduct risk assessments to evaluate the impact and likelihood of identified risks.
- Support the business in understanding and adhering to divisional risk appetite and tolerance, enhancing operational resilience across all functions.
- Provide support and challenge to ensure effective risk controls and frameworks are embedded in the business operations as per Risk and Control Self-Assessment (RSCA).
- Collaborate with Line 2 Risk & Compliance, ensuring clear ownership of Line 1 responsibilities while maintaining open communication.
Operational Management
- Day-to-day coordination of risk management across the business, ensuring adherence to the three lines of defence model.
- Lead the incident tracking and management process, ensuring timely escalation and resolution of issues.
- Ensure compliance with AML/KYC and other regulatory obligations, providing clear reporting and oversight
- Track and manage risk mitigation efforts, ensuring alignment with business objectives and deadlines.
- Collaborate with departmental / functional heads on the adequacy of actions to address risks highlighted in internal audit reports and ensure timely completion of risk registers.
- Identify training needs related to risk management and oversee the development of risk competence and awareness across the division.
- Participate in project meetings and provide feedback on business requirement documents and other relevant project documentation.
- Develop and maintain Key Risk Indicators (KRI s) to monitor and report risk exposure.
- Prepare risk reports and dashboards for senior management, highlighting key risk trends and issues.
- Support incident management processes, including root cause analysis and lessons learned.
People Leadership
- Work collaboratively with the wide business to uplift risk capabilities across the organization, ensuring that employees at all levels understand their role in risk management.
- Provide training, coaching, and support to build a proactive risk culture and strengthen the organization s ability to identify, manage, and mitigate risks effectively.
- Foster a culture of accountability where all employees are encouraged to take ownership of risk management activities.
- Manage a team of four risk specialists and guide them with risk assessment process and follow MUFG risk framework
- Participate in a monthly forum to highlight recommendations and implement improvements
- Drive a coaching culture within the team to identify potential risks and build capability.
*The above list of key accountabilities is not an exhaustive list and may change from time-to-time based on business needs.
Experience & Personal Attributes
Educational and Professional Qualifications:
- Bachelor s degree in Business, Finance, Risk Management, or related field. A master s degree is preferred.
- Relevant certifications such as FRM, PRM, or equivalent.
- Minimum of 8 years of experience in risk management or operational risk ideally within a line 1 function primarily from GCC.
- A minimum of three years in Operational/Information/ Technology Risk. Second Line of Defence (SLoD) Risk experience is desirable.
- In-depth understanding of risk management frameworks, policies, and processes.
- Proficiency in risk management tools and techniques.
- Manage a team of four risk specialists and guide them with risk assessment process and follow MUFG risk framework
Personal Attributes:
- Strong analytical, problem-solving and decision-making skills and ability to lead a medium-sized team
- Ability to analyse, resolve and document problems and resolutions. High attention to detail and ability to manage multiple tasks and priorities.
- Ability to work as part of a cross-cultural team.
- Strong organization and time management skills
- Continuous improvement focus, with the ability to identify risks, cost efficiencies, and operational improvements.
- Excellent presentation, communication and interpersonal skills to influence stakeholders and drive risk awareness
- Ability to work independently and take ownership of risk management activities.
- Strong stakeholder management and ability to build effective relationships across business lines.
- Self-driven and motivated with a focus on operational efficiency and continuous improvement
- Experience and ability to effectively communicate and interact with colleagues at all levels in the company, Internal Audit as well as regulators.
- Must be a self-starter, detail-oriented and extremely organized.
Benefits:
- Competitive salary and performance-based bonuses.
- Comprehensive health and wellness benefits.
- Opportunities for professional development and career advancement.
- Collaborative and inclusive work environment.
- Flexible working arrangements and work-life balance initiatives.
- Access to cutting-edge technology and tools.
- Employee recognition programs and team-building activities.
