Vice President - Risk BA Team Lead
29 days ago
London
Do you want your voice heard and your actions to count Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG) one of the worlds leading financial groups. Across the globe were 120000 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 worlds most trusted financial group its 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. MUFG (Mitsubishi UFJ Financial Group) is one of the worlds leading financial groups. Headquartered in Tokyo and with approximately 350 years of history MUFG is a global network with around 2300 offices in over 50 countries including the Americas Europe the Middle East and Africa Asia and Oceania and East Asia.. The group has over 150000 employees offering services including commercial banking trust banking securities credit cards consumer finance asset management and leasing. As one of the top financial groups globally with a vison to be the worlds most trusted we want to attract nurture and retain the most talented individuals in the market. The size and range of MUFGs global business creates opportunities for our employees to stretch themselves and reap the rewards whilst our common values to behave with integrity and responsibility and to build a culture which is fair transparent and honest underpin everything that we aim to be the financial partner of choice for our clients whatever their requirements building long-term relationships serving society and fostering shared and sustainable growth for a better world. MUFGs shares trade on the Tokyo Nagoya and New York (NYSE: MTU) stock exchanges. The groups operating companies include but are not limited to Bank of Tokyo-Mitsubishi UFJ Mitsubishi UFJ Trust and Banking (Japans leading trust bank) Mitsubishi UFJ Securities Holdings (one of Japans largest securities firms) and MUFG Americas Holdings. Please visit our website for more information - . This role sits within the Business Analyst Team Technology Innovation Management Technology EMEA NUMBER OF DIRECT REPORTS 9 MAIN PURPOSE OF THE ROLE Specifically you have accountability for the following named departments this includes: Technology / Technology Innovation Management/ Business Analyst Team KEY RESPONSIBILITIES Specifically you will be accountable and responsible for taking appropriate action with respect to the Companys and MUFG Securities EMEA plc/Technology/Technology Innovation Management. As the Risk BA Team lead you will be responsible for: Stakeholder management across Risk for ensuring delivery success across the Change portfolio but also acting as a representative and key partner for the business for TEC in a wider capacity. Act as a close partner to lead the Risk portfolio with Change and business leads actively challenging stakeholders securing optimal resourcing through forward planning. Challenging project deliveries and understanding the wider impact to Technology. Ensure leadership of the Risk team managing both consultants and permanent members of staff. This includes proactive management of consultants ensuring all of the team are clear on deliverables and supporting the team with problem solving raising any issues in a timely manner. Management of hiring appropriate resources contract renewals and resource governance. This includes ensuring consultants are also actively meeting SLAs. Provide MI/ KPIs for your BA pillar. Supporting both Project Managers and business partners through SME and problem skills. Acting as an advisor on appropriate TEC solutions with a solid understanding of the vendor landscape. Proactively engage with the CHG project portfolio manager to ensure that Risk initiatives are resourced with staff having the appropriate skillsets ensuring the right people are in the right roles with a strong focus on building future capabilities. Helping to strengthen collaboration. The lead will provide subject matter expertise and knowledge on Risk processes and systems to team members and the Technology department and act as a contact point for Risk managers when seeking TEC input on initiatives or serious issues. Ability to own problem solving for the team and the ability to resolve complex issues with resources and Senior stakeholders independently rather than just escalating these to the project and line management. A strong proactive approach with Senior technology management communications and relationships being able to deliver concise information to allow accurate and informed decision making. The individual should be a trusted advisor of Technology management as well as Senior business stakeholders Providing subject matter expertise to support TEC initiatives as required e.g. presenting solutions to other parts of the organisation. Ownership of Risks Issues and Dependencies across resources and programme of work for Risk and ensuring proactive actions are taken to ensure BA resourcing does not result in escalations. The role also requires the Team Lead to work as a Business Analyst and lead across challenging and complex projects for respective stakeholders. This includes: Performing requirements gathering and compiling formal Business Requirements and Functional Specification documents. Covering all aspects of Business Analyst engagement throughout the Project Development lifecycle including but not limited to: o Formulating and presenting proposed solutions to the business users. This may incorporate illustrative calculations using production data. o Formulating testing approaches and compiling test plans and test cases. o Performing system/integration testing and supporting business users with user acceptance testing. o Compiling and presenting test results. o Completing project/work-stream status reports. o Escalating issues/risks to project/line management. Digital Transformation/ Innovation responsibilities: Support the Head of the Business Analyst Team and Head of Technology Innovation Management with wider department and divisional initiatives in strategy and innovation. This role will also be the deputy to the Head of the Business Analyst Team and will be required to support with additional responsibilities as and when required. A champion for the use of AI across the BA team and implementing within your pillar. Participate in an Innovative Environment; contribute to pioneering projects that leverage cutting-edge technology to enhance risk management and business processes. Tech-Savvy; the ability to utilise and explore modern tools platforms and technologies to develop robust risk analysis and mitigation strategies. Act as a change catalyst; be at the forefront of our digital transformation journey driving innovation and continuous improvement in our risk management practices. Analytical Expertise; employ strong analytical skills to evaluate complex data anticipate potential challenges and develop proactive solutions. Collaborative Mindset: Partner with technology teams to implement advanced risk controls and ensure compliance with digital regulations. Leadership Spirit: Play a key role in fostering a culture of tech enthusiasm and forward-thinking within the risk BA team. Market Impact: Engage in projects that shape the future of investment banking and contribute to maintaining our competitive edge in the industry. 2. People You will manage the following matters appropriate for above departments including: authority for building (via recruitment restructuring and internal development) a team of high-quality professionals that will achieve the objectives of the broader MUFG Group to leverage the strategic advantages; accountable for ensuring that all staff in your remit are fully trained and understand what is required of them in order to do their jobs effectively including ensuring that job descriptions objectives/personal development and performance reviews are provided for all staff at least once a year in accordance with Human Resources requirements continually monitoring their competency in order to meet the requirements of the relevant regulators training and competency regime handling appropriately any grievance or disciplinary issues; and accountable for ensuring that any responsibilities that you have delegated to other staff including those in respect of regulatory obligations (where applicable) are appropriately apportioned and controlled. Ensure that the staff in question have a clear understanding of these duties so as to ensure that the business and affairs of the function can be adequately monitored and controlled 3. Relationship with other functions and stakeholders Maintain and enhance good working relationships with stakeholders across the region and globally to share best practices provide support and develop effective local policies and procedures appropriate to the Company and working in support of the One MUFG and overall Group strategy. 4. Performance and Duties The role holder will be assessed in accordance with their employing entitys performance framework and process with relevant input obtained from the dual hatting entity as relevant. As duties and responsibilities change the job description will be reviewed and emended in consultation with the role holder. The role holder will carry out other duties as are within the scope spirit and purpose of the role as requested by their line manager or Department Head. The role holder is required to follow regulatory requirements applicable to ensure each business is appropriately supported and to maintain the legal entity integrity of each of MUFG Bank and MUS. Working terms are dictated by functional mandates the terms of the Dual-Hat Arrangement Agreement in place between MUFG Bank and MUFG Securities EMEA plc and any other relevant agreements entered into between MUFG Bank and MUFG Securities EMEA plc. The role holder will have responsibility for identifying and resolving where there may be a difference or conflict in needs between MUFG Bank and MUFG Securities EMEA plc escalating to their manager where required. SKILLS AND EXPERIENCE • A strong delivery track record and someone who can really take ownership of leading the Risk initiatives, • Experience of managing a team of technology professionals within a top tier bank or consultancy., • Experience of successfully delivering large scale projects (preferably with an international scope)., • Confidence and gravitas required to interact with senior managers within the bank., • Business analysis experience working for a top tier bank or consultancy., • A thorough understanding of the project life-cycle and experience of compiling proposal scope requirements and testing documents., • Knowledge of software development life-cycles., • Excellent product knowledge across the following: Bonds Derivatives Credit Securities Financing FX and Loans and Deposits., • A solid understanding of how the above products need to be booked and handled from a Risk perspective., • In depth knowledge of the trade lifecycle and the relevant market events for a product. Experience and knowledge of Market Risk; VaR Sensitivities and Stress Testing., • A good understanding of Credit Risk; credit limits CSAs exposure calculations e.g. PFE collateral processes., • Strong knowledge of FO booking systems like Markitwire Bloomberg etc. and how they interface with Risk & Finance platforms., • Experience of working with Market Risk Credit Risk Capital platforms preferably some of the following: Markit Analytics (QuiC) Moodys., • Ability to understand and map a product from term sheet data, • Ability and experience of working under pressure - both autonomously and within a team, • Understanding of revaluation rate curve construction simulation trade pricing and settings in Murex, • A strong delivery track record and someone who can really take ownership of leading the Risk stream, • Strong TEC skills with the ability to perform sql queries and be self-reliant on systems analysis. Advanced excel also required., • Excellent communication skills required both written and verbal. Ability to build positive collaborative working relationships with Technology Change Managers and Business stakeholders. Nice to Haves • Excellent knowledge of the Murex platform including the ability to problem solve and hands on solve issues related to of PL Risk and Market Data in Murex, • Excellent understanding of trade booking and trade lifecycle in Murex PERSONAL REQUIREMENTS • Personal alignment to MUFG Values, • Integrity & Responsibility, • Professionalism & Teamwork, • Challenge ourselves to grow, • Personal alignment to EMEA Cultural Principles, • Client Centric, • People Focused, • Listen Up Speak Up, • Innovate & Simplify, • Own & Execute, • Ability and experience of working under pressure - both autonomously and within a team, • Ability to liaise with business and IT stakeholders at all levels of the organisation, • Work experience in the Securities Industry preferably in a similar role, • Proactive and self-starting individual with high levels of ownership, • Strong analytical skills, • Proven ability to organise and prioritise own workload and drive results, • Flexibility to adapt to urgent tasks as well as undertaking longer-term solutions, • Strong interpersonal skills together with the ability to influence others and make decisions, • Strong problem solving skills with a logical approach, • The ability to collaborate and partner across the firm, • High attention to detail, • Excellent communication skills, • Results driven with a strong sense of accountability, • A proactive motivated approach., • The ability to operate with urgency and prioritise work accordingly, • Strong decision making skills the ability to demonstrate sound judgement, • A structured and logical approach to work, • Strong problem solving skills, • A creative and innovative approach to work, • Excellent interpersonal skills, • The ability to manage large workloads and tight deadlines, • Excellent attention to detail and accuracy, • A calm approach with the ability to perform well in a pressurised environment, • Strong numerical skills, • Excellent Microsoft Office skills, • Conduct themselves in a manner commensurate with company values, • Lead by example in building relationships across the bank establishing a strong peer network, • Leading by example by being a consistent role model on supporting and enforcing company policies around office attendance office arrival times and sitting with the BA team to ensure collaboratively working with the team., • Being flexible around the days in the office depending on business needs., • A confident approach with the ability to provide clear direction to your team, • Strong managerial/leadership experience, • The ability to lead a high performing team, • A strategic approach with the ability to lead and motivate your team, • The ability to articulate and implement the vision/strategy for the Risk BA Team We 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. Required Experience: Chief Key Skills Change Management,Financial Services,Growing Experience,Managed Care,Management Experience,Analysis Skills,Senior Leadership,Performance Management,Process Management,Leadership Experience,negotiation,Analytics Employment Type : Full-Time Experience: years Vacancy: 1