Magnet.me  -  The smart network where hbo and wo students find their internship and first job.

The smart network where hbo and wo students find their internship and first job.

Enterprise Risk Manager, ESG Risks

Posted 18 May 2024
Share:
Work experience
2 to 4 years
Full-time / part-time
Full-time
Degree level
Required language
English (Fluent)

Your career starts on Magnet.me

Create a profile and receive smart job recommendations based on your liked jobs.

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’re 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’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.

Would you like to work for one of the World's largest banks in an exciting, dynamic and international environment?

We are currently recruiting for an Enterprise Risk Manager, ESG Risks for our Risk Management Division in Amsterdam.

MUFG Bank Europe N.V. (MBE) is a fully-owned subsidiary of Mitsubishi UFJ Financial Group (MUFG), one of the largest ranked Financial Groups in the world in terms of assets. A world-class set of businesses and more than 180,000 employees in 50 markets. MUFG offers stability in an ever-changing market, providing services to high-profile clients worldwide.

For more than 50 years MBE offers corporate and investment banking services to both Japanese and non-Japanese corporate customers in The Netherlands and, through its branches. The goal is to be among the top performing foreign-owned banks operating in The Netherlands, providing value-added banking services and excellent operations, fulfilling both Japanese and Global Multinational Corporate customers' needs.

At MBE we are committed to contributing to a more sustainable future. Thus, we will encourage you to embed environmental, social & governance (ESG) factors in your everyday work and in our culture.

The MBE subsidiary based in The Netherlands is a network of branches (Germany Branch (Dusseldorf, Hamburg, Frankfurt, Munich), Spain Branch (Madrid, Barcelona), Belgium Branch (Brussels), Austria Branch (Vienna)), managed from Amsterdam.

Your impact at MUFG

You will primarily focus on environmental, social and governance risks (ESG) from 2nd line of defense perspective, particularly on ESG risk governance and ESG risk coordination. Initial focus will be on Climate Change and Environmental risks, followed by integrated ESG risk approach. The team member is expected to support integration of the ESG topics into a wider range of BAU processes/deliverables (e.g. ICAAP, Risk Appetite, Stress Testing, Governance). In addition to ESG topic, the person also act as risk focal point for reputational risk, as well as support other tasks and ad-hoc assignments owned by the ERM team.

The role requires a person with a good understanding of ESG regulatory framework in EU, a holistic picture on wholesale banking business, and can guide MBE in ESG implementation and provide advice on risk appetite. MBE is part of a bank acting on a global basis, hence regular interaction with functional leaders within MBE and broader MUFG Group (EMEA Head-Office in London and Global Head Office in Tokyo) is an essential part of this role, requiring good stakeholder management skills.

Consultation and others

Participating in internal and/or external consultation platforms (either on an ad hoc or permanent basis) regarding ESG risk:

  • RMC (Risk Management Committee)
  • ESG Committee
  • ESG and CSRD Forums at MBE and EMEA

Function positioning

To safeguard the long-term stability of MBE and ensure its sustainable growth, the Enterprise Risk Management Department (ERM) provides a holistic, coherent, and honest view of the Bank’s risk profile to facilitate informed decision-making by its Senior Management.

Through a risk-aware culture, effective risk framework, and strategic partnerships, we advise on risk-return trade-offs, drive business excellence, and ensure that the Bank is positioned to be the most trusted financial group against the backdrop of an ever-changing risk landscape. ERM is part of the Risk Management Division (RMD) and organizationally reports to the Head of RMD, which in turn reports to the Chief Risk Officer (CRO).

ERM consists of 6 coverage areas: Governance, Resilience, Integrated Risks, ESG risks, Risk Technology and Risk Affairs. Vice-President Enterprise Risk Manager, ESG risks reports to the Head of ERM, who acts as a team lead.

The role includes the following:

  • Act as central liaise risk person at MBE on ESG risks for EMEA Head Office in London and Global Head Office in Tokyo, answer regulatory queries;
  • Take ownership of MBE Reputational Risk Policy and ensure risk is well understood/managed and communicated to the senior management and internal committees as part of regular risk management cycle;
  • Guide the ESG risk embedment in risk framework, risk appetite and internal risk controls at MBE;
  • Coordinate work with Risk colleagues and provide expertise in ESG risk identification, assessment and management;
  • Document risk assessments and prepare management information, i.e. dashboards, for internal risk committee(s) and the Management Board, as well as external disclosure and regulatory submissions;
  • Support internal integrated stress testing, ICAAP and Risk Appetite processes to ensure ESG/Climate change risk is adequately considered and understood;
  • Support CSRD implementation from Risk perspective;
  • Contribute for development / enhancement of ESG specific stress scenarios, methodologies, risk models and tools for climate risk data aggregation and risk reporting;
  • Deliver internal trainings on ESG risk topics, act as an ESG risk advisor to business and provide risk expertise for business strategy;
  • Keep up-to-date with ESG (regulatory) developments;
  • Support other ad-hoc assignments and projects owned by the ERM team.

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

Skills and experience:

  • Academic (master) degree in a relevant field of study, MBA or professional qualification (e.g. CFA/FRM) is an advantage.
  • Tangible work experience in risk management, strategy or risk advisory roles; experience with ESG, Climate Change or Sustainability is an advantage.
  • Fluent language skills in English.
  • Experience of working across departments and functional fields.
  • Coordination, project management skills/experience.
  • Knowledge of risk concepts and measurements.
  • Stakeholder management skills, ability to provide challenge and ask good questions.
  • Knowledge of relevant ESG related EU regulation, EBA/ECB guidelines and global trends.
  • Experience in preparing presentations to senior management and regulators.
  • Working knowledge of Microsoft Office package applications.
  • Working knowledge of Power BI is preferred.
  • Excellent interpersonal skills, building rapport with Risk and Business functions a is key in this role.
  • Excellent communication and presentation skills, ability to explain a complex topic in a structured and clear manner.
  • Proactive self-starter, able to handle a diverse workload;
  • Results driven, with a strong sense of accountability.
  • Think independently and critically to create own views.
  • Calm, structured and logical approach to work, pragmatic.
  • Team player with ability to collaborate in cross-division teams and display organizational sensitivity.
  • High attention to detail.
  • Ability to work in multicultural environment, respecting diversity.

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

What do we have to offer:

We offer you a role in one of the largest banks of the world in a growing and international environment. You have various opportunities to develop yourself and we will support you with that by offering various training and development possibilities.

  • We take into account your home situation and your ambitions and help you to balance work and private life.
  • Monthly team events.
  • To work in an ambitious, international environment with colleagues from different countries and cultures, who strive for the best.

Besides that we will offer you:

  • 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 € 0,21 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
  • Health insurance: Collective premiums offered, for own expense.

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: maria.sifniou@nl.mufg.jp

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.

MUFG Bank Europe N.V. (MBE) is a fully-owned subsidiary of Mitsubishi UFJ Financial Group (MUFG), one of the largest ranked Financial Groups in the world in terms of assets. A world-class set of businesses and more than 180,000 employees in 50 markets. MUFG offers stability in an ever-changing market, providing services to Japanese and Global Multinational Corporate clients worldwide.
The goal is to be among the top performing foreign-owned banks operating in The Netherlands.

Investment Banking
Amsterdam
Active in 5 countries
800 employees
60% men - 40% women
Average age is 45 years