Do you want your voice heard and your actions to count? Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we\xe2\x80\x99re 160,000 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\xe2\x80\x99s most trusted financial group, it\xe2\x80\x99s 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. OVERVIEW OF THE DEPARTMENT/SECTION The Risk Management Department (RMD) is responsible for supporting the DIFC Branch Management and to implement an effective risk governance framework across MUFG MENA, and providing a holistic view of the risks facing MUFG in MENA, including risk management of the credit portfolio, market & liquidity risks, operational risks and fraud risks. Credit risk management enables the proactive risk management of the credit portfolio in MENA by timely reporting and monitoring of Credit Risk exposures and credit related Risk Appetite metrics on a monthly and ad-hoc basis. RMD provides second line oversight and challenge on treasury activities covering market & liquidity risks in line with the EMEA and Head Office market & liquidity risk framework. Operational and Fraud risks oversight and challenge for MUFG MENA\xe2\x80\x99s front office and support / control functions are covered by RMD in line with the EMEA Operational Risk & Fraud Risk frameworks. RMD oversees all the risk related regulatory matters, liaises with various regulators in the region on these and provides insights to the respective Branch managements to enable decision-making on risk related regulatory aspects. The department additionally performs credit control activities, self-inspection activities, and new business and product risk governance. RMD also supports the MENA Management in various governance activities. MAIN PURPOSE OF THE ROLE Overall responsibility for the Risk Management function for the DIFC Branch \xe2\x80\x93 Dubai and other sub-branches/offices, namely Doha with particular focus on managing credit, operational market and liquidity, fraud risks, and new product assessment and approval. Overseeing of Operational Risks includes MUFG Securities EMEA plc (excluding any IT/System related technical risks). The Head of Risk Management also has responsibility for the Self Inspection function for the DIFC Branch - Dubai. Responsibility for overseeing and guiding Risk Management team in Riyadh Branch especially in terms of Credit Risk, Market and Liquidity Risk, Operational Risk, New product assessment and other risk related matters. KEY RESPONSIBILITIES Credit Risk Management, including, but not limited to:

• Overall responsibility for the planning, implementation and monitoring of the Dubai Branch\xe2\x80\x99s and other Sub-Branch offices (namely, Doha) Credit Risk Management framework in accordance with the Bank\xe2\x80\x99s Global Comprehensive Risk framework.
• Oversight of the Credit Risk team members to ensure the following is undertaken:
• Organize the quarterly \xe2\x80\x9cCredit Committee\xe2\x80\x9d on agreed intervals Portfolio assessment & analysis, monitoring exposure (by country, industry, group and risk rating), creating proposals on how to mitigate said risk or to allow for better control and building business strategies.
• Monitor CDS, external credit ratings, loan prices, KMV-EDF, including, credit events and relevant impacts to initiate early warnings (coordinating with Risk Management Division for EMEA, where necessary).
• Credit related control, including due date control (transactions, collateral, credit applications/reviews, etc.), credit department\xe2\x80\x99s imposed conditions and covenant checks. Ensure transactions are compliant with relevant approvals, rules, policies and regulations (Global, local EMEA, and Japan).
• Pre-signing/Pre-disbursement documentation review (second line check) for adherence with approved credit terms and conditions.
• Handle assigned problem loans portfolio for maximising recoveries.

• Provide oversight and guidance to Risk Management Team in Riyadh Branch in the planning and implementing of Credit Risk framework in accordance with the Bank\xe2\x80\x99s Global Comprehensive Risk framework and regulatory guidelines.

Market Risk / Liquidity Risk Management, including, but not limited to:

• Manage the planning, implementation and monitoring of the Dubai Branch\xe2\x80\x99s and other Sub-Branch offices (namely Doha) Market Risk Management framework in accordance with the Bank\xe2\x80\x99s Global Comprehensive Risk framework.
• Analyse/review market risks and liquidity risks. Monitor compliance with relevant risk policies/rules.

• Oversight of the Market/Liquidity Risk team members to ensure the following is undertaken:
• Organize \xe2\x80\x9cMarket and Asset and Liability Committee\xe2\x80\x9d on agreed intervals in cooperation with Market Products team
• Monitor activities of Market Products team, maintaining control over their position, profit, off-price transactions and ALM on daily basis.
• Provide oversight and guidance to Risk Management Team in Riyadh Branch in the planning and implementing of Market and Liquidity Risk Management framework in accordance with the Bank\xe2\x80\x99s Global Comprehensive Risk framework and regulatory guidelines.

Operational Risk Management & Global Control Self-Assessment (\xe2\x80\x98GCSA\xe2\x80\x99) including, but not limited to:

• Overall responsibility for designing, planning, implementing and overseeing of the DIFC Branch - Dubai\xe2\x80\x99s and other Sub-Branches/offices (namely, Doha) operational risks in accordance with the Bank\xe2\x80\x99s Global Comprehensive Risk framework and regulatory guidelines issued by the respective regulators as applicable to operational risks and other residual risks with oversight of the Operational Risk team members to ensure the following is undertaken:
• Oversee the processes of identifying, analysing, mitigating, and monitoring the operational and other residual risks against the operating (Internal to Bank per EHQ set risk metrics) and wider macro environment (external to Bank) (e.g., changing and new products processes, regulatory changes, economic, social and political conditions, etc.) and ensure integration of risk management into business processes and decision-making.
• Ensure effective strategies are developed to mitigate operational risks, including risk reduction measures, controls and contingency plans
• Provide a robust 2nd Line of Defence challenge to 1st Line of Defence to ensure the wider effective and proactive identification and management of operational risk and control weaknesses by the front departments/teams including up-to-date Risk and Control self-assessment, development of sufficient KRI, periodic testing of the key controls, etc.
• Escalate and Report material operational incidents to Head of ORM and CORE events to Head Office liaising with Head of Corporate Services and Deputy Head. Develop and deliver training programs to enhance operational risk awareness and embed the operational risk framework components.
• Organise the \xe2\x80\x9cOperational Risk & Control Committee\xe2\x80\x9d (\xe2\x80\x98ORCC\xe2\x80\x99) on agreed intervals.
• Fostering a culture of risk awareness and accountability, encouraging employees at all levels to identify and report operational risks.
• Escalate and report periodically to Management, Risk Management Division for EMEA and other relevant offices if applicable operational risk management status and other operational risk requirements.
• Perform a coordinator role for the submission of the annual Global Control Self-Assessment (GCSA) along with the Deputy Head and all Department Heads, liaising with the appropriate Head of sub-branch offices
• Provide oversight and guidance to Risk Management Team in Riyadh Branch in the planning and implementing of Operational Risk Management framework in accordance with the Bank\xe2\x80\x99s Global Comprehensive Risk framework and regulatory guidelines.

New Product Approval (NPA), including, but not limited to:

• Overall responsibility for overseeing the risk management of new and amended Activities in MUFG ME.
• Manage the new product assessment and product periodic/Interim Assessment processes, approve the product with oversight of the NPA team member to ensure the following is undertaken:
• Act and Assign additional RMD employee(s) to perform the Regional coordinator role for the NPA, acting as the central point for the coordination of the Product Risk Assessment Process (\xe2\x80\x98PRAP\xe2\x80\x99) for Dubai, Doha & Riyadh Branch.
• Provide oversight (second line challenge) and challenge on the information provided by the BO to ensure the quality and content of applications and request improvements or additional information where required before they are circulated to Risk SMEs for their analysis.
• Review all product & service assessment applications conducted by Riyadh Branch and manage the local approval in Dubai
• Escalate and report periodically to Management (through ORCC), and NPA Secretariat, as necessary, the status of NPAs, any identified changes to the internal or external business or control environments that adversely impact the products and services offered by the Dubai Branch and other sub-branch offices and any actions that should be undertaken to mitigate the new risk profile.
• Chair the New Product Committee (conducted on Ad-hoc basis)

Fraud Risk Management, including, but not limited to:

• Overall responsibility for designing, planning, implementing and overseeing the DIFC Branch - Dubai\xe2\x80\x99s and other Sub-Branches/offices (namely, Doha) Fraud Risks in accordance with the Bank\xe2\x80\x99s Global Comprehensive Risk framework and regulatory guidelines issued by the respective regulators as applicable to fraud risks and other residual risks.
• Oversight of the Fraud Risk Management team member to ensure the following:

• Establish / maintain proactive fraud prevention mechanisms and fraud detection / investigation processes across MENA offices
• Identify business areas requiring increased security controls to protect MENA offices from fraudulent incidents and assist in developing and implementing of controls to prevent and detect internal and external fraud
• Guide and assist 1LoD to effective embed fraud prevention, detection and reporting techniques.
• Conduct Fraud Risk Assessment at departments across their products and services
• Prepare detailed internal and external fraud related MIS for local Risk Committee and if required EMEA Risk Committee
• Conduct objective, fair, thorough, unbiased and timely investigations into allegations of fraud. This will include frauds identified through internal as well as external sources. For each investigation, prepare a separate report to be submitted to branch Management and other key stakeholders
• Implement specialized training programs in fighting internal and external fraud that suit all categories of staff within MENA offices according to their roles and responsibilities in coordination with ORM
• Provide oversight and guidance to Risk Management Team in Riyad Branch to embed the Fraud Risk Management Framework as well as comply with SAMA Fraud Risk guidelines.

Self-Inspection

• Overall day-to-day oversight of the function and the Self Inspection team members to ensure the following is undertaken:

Overall responsibility for planning, implementing, conducting and monitoring the Dubai Branch\xe2\x80\x99s Self-inspection framework. Work with the Management, along with all Department Heads to plan and conduct regular Self-inspections. Perform a Regional coordinator role \xe2\x80\x93 conducting regular self-inspections in the Branch and Sub-Branch Offices (namely Doha), liaising with the appropriate sub-branch offices Heads. Conduct regular Self Inspection training, and inspire a compliant culture. Escalate and report to Head Office and Management the SI identified irregularities and the status of corrective actions undertaken. Data Protection Acting as the data protection business process owner for Risk Management with responsibility for the following:

• Complying with the transparency requirements (as detailed in the Data Protection Policy);
• Ensuring there are lawful grounds for processing personal data;
• Ensuring personal data are used and stored in accordance with the purposes communicated to individuals;
• Ensuring data being collected are relevant and not excessive for the purpose for which the personal data were collected;
• Taking reasonable steps where appropriate to ensure data is kept accurate and up\xe2\x80\x91to\xe2\x80\x91date;
• Ensuring, in consultation with Systems as necessary, that personal data are adequately protected against accidental or unlawful processing and against destruction, accidental loss or damage;
• Undertake privacy impact assessments when there are significant changes to the business process;
• Ensuring personal data is not transferred to locations not deemed to have adequate protections where transfer restrictions apply; and
• Ensuring that personal data are not retained for longer than necessary

Support for Other Risk Areas / Matters

• Absence / holiday back for Credit and Market Risk team member covering the following functions:
• Manage the Credit and Market Risk Framework
• Monitoring of the Credit Portfolio
• Pre-execution and pre-disbursement due diligence for all transactions
• Daily monitoring of market risk, liquidity and other risks (i.e., delivery, liquidity, forex position, etc.) reporting and escalating any breaches in accordance with internal procedures
• Daily monitoring of deals conducted by the Market Products (Treasury) Team i.e., position, profit and off-price transaction.

Other Responsibilities

• Address regulatory issues communicated by the Compliance Officer, in so far these impact Credit and Market risk, and promote PDCA on implementation.
• Handle audits and inspections with regards to responsible risk categories.
• Broader EMEA Collaboration (Local Function Head)
• Responsibility for implementing initiatives to support the risk management\xe2\x80\x99s strategic vision (global and regional) in your location, providing Risk team and colleagues across the MENA region with the necessary support to realize and implement those visions and initiatives effectively and collaborating with relevant EMEA function leadership as appropriate.
• Responsibility for consultation with and reporting to the EMEA Function Head, taking direction and giving feedback on matters relating to local operations, with the aim of embedding consistency in the operation of functions across EMEA offices. Matters for consultation and reporting will be undertaken in accordance with the Risk Management governance framework and any other relevant frameworks.
• Lead and/or take part in the functional periodical meetings to enhance functional communication in the EMEA region

WORK EXPERIENCE

• Previous experience in managing Risk Management functions
• Previous experience of designing and implementing a Risk Management framework in a financial organization within the GCC

EDUCATION

• University degree or equivalent

SKILLS AND EXPERIENCE

• An excellent understanding of a broad spectrum of Risk categories \xe2\x80\x93 including but not limited to: Governance, regulatory compliance, customer protection management, credit risk, market risk, liquidity risk, operational risk, accounting/tax
• An excellent understanding of banking business, especially the credit aspect

PERSONAL REQUIREMENTS Personal alignment to MUFG Values:

• Integrity & Responsibility
• Professionalism & Teamwork

• Challenge ourselves to grow

Personal alignment to MUFG Cultural Principles:

• Client Centric
• People Focused
• Listen Up, Speak Up
• Innovate & Simplify
• Own & Execute

Other essential requirements:

• 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

PERFORMANCE AND DUTIES The role holder will be assessed in accordance with their employing entity\xe2\x80\x99s 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. MANAGING CONFLICTS OF INTEREST (ONLY FOR DUAL HATTED ROLES)

• The role holder will have responsibilities for both MUFG Bank and MUFG Securities EMEA plc.
• The role holder will be required to perform their duties and responsibilities on an entity neutral basis, without favour.
• 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.

SIGNATURES You shall reasonably endeavour to comply with your duties and the controls and compliance obligations as set out in this job description. By signing, you are agreeing to the content of the document and any embedded links. I acknowledge my roles and responsibilities as outlined above for MUFG Bank and MUFG Securities EMEA plc. 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.