Senior Associate Director, Controls, Third Party Management

Experience something Brilliantly Different with a career at MUFG Investor Services. 

Who are we? In a nutshell, MUFG Investor Services is part of the Mitsubishi UFJ Financial Group, and we partner with over 480 loyal global investment firms to provide them with administration, asset services, banking and fund financing. 

We’re in 14 global locations and provide an exceptional hub of Brilliantly Different talent to thrive.  

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Reporting to Head of Third Party Management (TPM) to maintaining and implementing the Third-Party Risk Management governance framework across the Group and supporting the Head of Controls in meeting their responsibilities.

• Assist with the implementation and maintenance of the group Third Party Risk Management governance framework with respect to all third-party provider (TPP) engagements to include outsourcing arrangements. Ensure compliance with same across the organisation, and perform ongoing review of its effectiveness in identifying, reducing, controlling and reporting key outsourcing risks that impact clients and the business.
• Assist in ensuring Third-Party Risk Management (TPRM) policies and procedures adhere to regulatory standards. Responsible for keeping up to date with changing regulations in relevant jurisdictions and application of knowledge to role. Co-ordinate with Compliance, Operational Risk and internal /external audit to meet group and regulatory requirements.
• Act as point of contact:
  • For business owners of in-scope TPP relationships.
  • For TPM related queries and provide guidance and training in line with TPRM policy, TPM procedures and regulations to the internal clients and stakeholders; and
  • between the parties to TPP engagements, as required
• Complete risk assessments / due diligence on all third parties onboarded by the group as well as support business owners through the TPM cycle (onboarding, ongoing monitoring, amendment, termination)
• Oversee, advise and support all parties in the performance of ongoing monitoring and periodic reviews of Third Party (including Intra-Group) arrangements, including onsite inspections, assessment of all proposed new engagements and maintain records of any oversight activities.  
• Identify third party management issues and risk trends, with attention to outsourcing regulatory requirements, at the earliest opportunity, agree remedial action and where possible implement best practice in alignment with favourable trends.
• Assist in maintaining the group records of Third Party Providers as well as Regulatory specific  Registers (DORA, CBI Outsourcing etc.), drafting and distribution of documentation for the completion of assessments, ongoing monitoring and periodic reviews.
• Continuously look to automate and develop the third-party management processes for efficient execution of the third party management governance framework.
• Assist in reporting to the Outsourcing and Risk Committees, the Boards of all outsourced service receivers and MUTB on the third-party management governance framework.
• Prepare and deliver Client due diligence presentations as directed. Participate in client due diligence, RFPs or external third-party provider assessments as required
• Manage, support and train other members of the Third-Party Management team as necessary

• Primary level degree in law, business, finance or a relevant professional qualification.
• Experience working in the fund administration industry or other relevant industry. This can include other administrators, investment managers or fund auditors.
• Prior experience of in-house legal practice, third party risk management, risk or compliance in the financial services industry.
• Expert knowledge of outsourcing regulatory regimes in relevant jurisdictions
• Expert knowledge of risk assessment and third party management.
• Strong computer skills with strengths in Microsoft Office products. Proficiency with Microsoft Excel is particularly an asset.
• Preference will be given to a candidate with a working understanding of fund administration industry.
• Sound knowledge and experience of outsourcing/third party management framework and the ability to implement and apply to the business.
• Excellent analytical and communication skills (Written & Verbal). 
• Strong influencing and Relationship Management skills conducted with integrity and sound judgement.
• Ability to project manage across jurisdictions / locations and operate effectively in a changing environment.

What’s in it for you to join MUFG Investor Services? 

Take a look at our careers site and you’ll find everything you’d expect working with one of the fastest-growing businesses at one of the world’s largest financial groups. Now take another look. Because it’s how we defy expectations that really defines us. You’ll feel that difference in all kinds of ways.  Our vibrant CULTURE. Connected team. Love of innovation, laser client focus. 

So, why settle for the ordinary?  Apply now for your next Brilliantly Different opportunity. 

We thank all candidates for applying; however, only those proceeding to the interview stage will be contacted.

MUFG is an equal opportunity employer.