Vice President, Operational Risk Management, Risk Management Office for Asia

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 are 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. MUFG is seeking a Vice President in the Operational Risk Management Team. This role offers you the opportunity to play a central part in strengthening the organisation’s operational risk management, being at the heart of cross‑functional collaboration and working closely with various departments and stakeholders to ensure robust risk management practices are embedded throughout the bank. The position provides a unique platform for professional growth within a supportive environment that values your expertise, encourages knowledge sharing and fosters inter‑departmental cooperation. If you are looking for a role where your attention to detail, interpersonal skills and commitment to excellence will be recognised and rewarded, this is an outstanding opportunity to advance your career. What you’ll do As a Vice President in the Operational Risk Management team based in Hong Kong, you will immerse yourself in a multifaceted role that places you at the centre of the organisation’s efforts to maintain a robust operational risk framework. Your day‑to‑day responsibilities will involve orchestrating operational risk initiatives, ensuring regulatory compliance is met across the organisation, and collaborating with colleagues from all departments as well as Regional and Head Office on managing operational risk initiatives and activities. Your ability to communicate clearly with stakeholders at all levels, including senior level, will be essential as you coordinate operational risk initiatives, projects and activities, and foster a culture of shared responsibility for risk management. Success in this role will come from your meticulous approach to project management, effective communication, workflow coordination, proactive support of leadership objectives and your talent for building trusted relationships across the organisation. Execute operational risk oversight and activities to ensure alignment with the organisation’s overall strategy and regulatory requirements. Develop and implement the operational risk management framework and policies, referring to regulatory requirements and industry best practice. Plan and lead operational risk projects and initiatives, including local, regional and global enhancement of risk governance and controls, leveraging people, technology, data, business processes and controls to address the bank’s operational risks. Partner with relevant businesses and functions to promote risk governance and appropriate risk controls in operational risk. Implement effective operational risk management tools, including RCSA, control testing, KRI reporting and the Operational Risk Management System, and communicate with relevant businesses and functions to facilitate effective risk management. Coordinate and implement bank‑wide control testing and assurance programs, including understanding control designs and facilitating test plans. Monitor and report the bank’s operational risk profile and exposure. Perform root‑cause analysis and investigation into operational risk incidents to recommend control improvements and evaluate the effectiveness of corrective measures. Provide consultancy and advice to the 1st Line of defense in relation to operational risk management. Provide training to promote staff awareness of operational risk management. Support review and provide comments for outsourcing activities, information security and IT & cybersecurity risk. Assist the team lead for developing and recognising team members, including coaching, career progression and training. Communicate effectively with stakeholders across multiple departments to enhance the organisational operational risk framework. Build relationships throughout the organisation to establish a peer network that supports information gathering and effective inter‑departmental collaboration. What you bring Our ideal candidate has proven experience in operational risk management within commercial banking settings, juggling multiple priorities simultaneously without compromising quality or accuracy. You are proficient in Microsoft Office tools, enabling you to produce insightful reports that inform strategic decisions. Your natural ability to connect with others through clear communication promotes an atmosphere of mutual respect and cooperation. A proactive approach ensures you anticipate needs before they arise, and your structured mindset helps break down challenges into manageable steps. Fluency in Cantonese and English is essential for success in this multicultural environment where teamwork is paramount. At least 7 years of working experience in operational risk management in a bank. Holding the ECF‑ORM qualification is an advantage. Strong negotiation skills to communicate with different stakeholders, including Head Office and Regional Office. Demonstrated experience working effectively in environments characterised by rapid change and tight deadlines while consistently delivering high‑quality results. Proven background in risk management within commercial banking operations, with a thorough understanding of relevant banking operations, processes and controls. Excellent project management skills, with a track record of successfully coordinating multiple projects or activities across diverse teams and stakeholders. Excellent communication abilities complemented by strong interpersonal skills that promote collaboration and trust among colleagues. A proactive attitude combined with motivation to take initiative on tasks without waiting for direction. Ability to prioritise workload efficiently based on urgency while maintaining focus on key objectives. Structured thinking style supported by logical reasoning when approaching complex problems or making decisions. Exceptional attention to detail resulting in accurate outputs even under significant time constraints or pressure situations. Advanced proficiency in Microsoft Office applications, including Word, Excel, PowerPoint and Outlook for reporting and analysis purposes. Experience in developing and implementing control frameworks (RCSA and control testing) would be an advantage. Experience in outsourcing management or IT and cybersecurity risk related experiences is a plus. Fluency in both Cantonese and English enabling effective communication within multicultural teams. 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 organisational fit, regardless of race, religion or gender. Seniority level Mid‑Senior level Employment type Full‑time Job function Finance and Sales Financial Services and Banking Referrals increase your chances of interviewing at MUFG by 2x. Get notified about new Vice President of Risk Management jobs in Hong Kong, Hong Kong SAR. AVP Risk and Internal Control - Corporate Bank Senior Vice President, Quality Control - Investment Banking Department Vice President, Counterparty Credit Risk Management Assistant Vice President, Business Compliance & Operational Risk Assistant Vice President - Credit Risk (Associate Director / experienced AVP/VP Levels) AVP Technology Risk Manager, Operational Risk Vice President, Thematic Review & Investigation, Assurance & Risk Control, Institutional Banking Group Assistant to Vice President, Risk Management and Data Analytics, ECRM AVP/Senior Associate, Data/Business Analytics (Risk and Fraud Analytics under Data Chapter) #J-18808-Ljbffr