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Senior Third Party Risk Analyst

2 months ago


Old Toronto, Canada MUFG Investor Services Full time

Experience something Brilliantly Different with 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.

Job Description

Reporting to the Senior Associate Director, Third Party Management, assisting with responsibility for maintaining and implementing the Third-Party Management governance framework and supporting the Head of Third Party Management in meeting their responsibilities. Key Responsibilities include the following:

  • Assist with the implementation and maintenance of the group Third Party Management governance framework with respect to all third party provider 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 Third Party Management risks that impact clients and the business.
  • Assist in ensuring third-party risk management and Third Party Management 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 Third Party Management related queries and provide guidance and training in line with third party management policy, procedures and regulations to the internal clients and stakeholders; maintaining a team spirit and collaborative approach.
  • Oversee, advise and support all parties in the performance of all ongoing monitoring and periodic reviews of Third Party engagements to include outsourcing arrangements, and on-site inspections, and assessment of all proposed new engagements.
  • 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 and Outsourcing Registers, 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 completion of third party management governance.
  • 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.
Qualifications
  • Primary level degree in law, business, finance or a relevant professional qualification.
  • Prior experience of in-house legal practice, third party management, risk or compliance.
  • Proficiency in MS Excel, PowerBi, and other data analysis tools an asset.
Additional Information

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.

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