Operational Risk Manager

• Development of an effective and proactive operational risk management framework to ensure that risks are identified, quantified and managed within risk appetite,   

• Responsibility for the Risk Control SelfーAssessment process, guiding and challenging key stakeholders across the entity 

• Key contributor for management of Information Security and IT related risks. 

• Development of the entity’s operational risk appetite and supporting limit and control framework, working closely with risk colleagues and key stakeholders. 

• Driving the embedding of effective control monitoring, testing of key controls and evaluation of control effectiveness. 

• Responsible for incident management, conducting root cause analysis and fostering a risk-aware culture. 

• Development of Key Risk Indicators, risk reports and metrics to senior management, including active challenge and monitoring of risk profile. 

• Partner with the business and risk colleagues to support new business initiatives, performing evaluation against risk appetite. 

• Working closely with EMEA and MBE risk colleagues to develop relevant risk assessment and stress testing methodologies. 

• Active involvement in the ICAAP, ILAAP and Recovery and Resolution Plan. 

• Preparation of meeting material and representation in local and EMEA risk committees and  forums 

In order to be successful in the role, you will need the following: 

Skills and experience: 

• At least 7+ years of relevant work experience in risk management within a regulated financial institution, preferably with an Academic (masters) degree in a relevant field of study 

• Extensive experience in the field of non-financial risks and operational risk in particular. 

• Good knowledge of financial products including derivatives. 

• Experience in Information Security and IT Risk Management. 

• Good understanding of financial processes and ability to hold a holistic view of the institution’s risk. profile. 

• Knowledge of risk management methodologies and financial regulation. 

• Experience of working across departments and functional fields. 

• Fluent language skills in English. 

Personal requirements:  

Integrity and Responsibility  

• Balance Risk with Opportunity 

• Customer Focus 

• Demonstrate Global Perspective 

Professionalism and Teamwork 

• Drive For Results 

• Collaborate and Build Partnerships 

• Communicate Effectively and Professionally 

Challenge Ourselves To Grow 

• Influence and Inspire Others 

• Lead Change & Seek Continuous Improvement 

• Think Strategically 

• Manage and Develop Talent 

• Gross salary based on experience and consistent with the market  

• 8% holiday allowance and 13th month payment. 

• 30 vacation days per year. Optional you can buy 15 additional days. 

• Commuting allowance based on annual public transport 2nd class, most economical way, or € 0,23 per km with a max of 75km one way.  

• € 5,00 net remote working compensation per day, with a maximum of € 60,00 per month. 

• Possibility to order a mobile phone (up to € 800,-) 

• Possibility to order Office Equipment’s for the home office, (up to € 500,-) 

• Remote Working Policy i.e. Working From Home (WFH) and Remote Working in another Country. 

• Bicycle plan (fiscal benefit) 

• Company fitness (fiscal benefit) 

• Mental health workshops and budget for external courses (i.e. Dutch language classes). 

• Employee contribution towards Pension insurance (max 5%, currently 2%), our pension scheme is based on a defined contribution scheme. 

• Training & development possibilities paid by the bank 

Additional information: 

Acquisition in response to this vacancy is not appreciated. 

The role is based in the Netherlands. All candidates need to be willing to relocate to the Netherlands. Internal employees will be supported in case of relocation. 

For more information regarding this position you can contact our Talent Acquisition Specialist at:  

Katja.vanderiet@nl.mufg.jp