MUFG Global Service
Manager - Regulatory Change
Job Location
bangalore, India
Job Description
About Us MUFG Bank, Ltd. is Japans premier bank, with a global network spanning in more than 40 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. MUFG Banks parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the worlds leading financial groups. Headquartered in Tokyo and with over 360 years of history, the Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to be the worlds most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFGs shares trade on the Tokyo, Nagoya, and New York stock exchanges. MUFG Global Service Private Limited Established in 2020, MUFG Global Service Private Limited (MGS) is 100% subsidiary of MUFG having offices in Bengaluru and Mumbai. MGS India has been set up as a Global Capability Centre / Centre of Excellence to provide support services across various functions such as IT, KYC/ AML, Credit, Operations etc. to MUFG Bank offices globally. MGS India has plans to significantly ramp-up its growth over the next 18-24 months while servicing MUFGs global network across Americas, EMEA and Asia Pacific About the Role (To be filled by business) Position Title: Regulatory Change Manager . Corporate Title : AVP Reporting to: Director ACO PGR Location: Bengaluru Job Profile Position details(To be filled by business) The Regulatory Change (RCM) Team in MGS supports the regional Core Compliance teams in both EMEA as well as APAC, and manages the risk arising from new regulations which are relevant for MUFG Bank and Securities. Regulatory Change Team members develop an expertise on a set of regulatory topics, which they must monitor and ensure that the relevant actions are completed when the laws, rules and regulations (LRS) takes effect. This may involve discussions with other stakeholders, influencing and communicating with regulators and Compliance teams, or updating policies. The main purpose of the role is supporting the EMEA & APAC RCM Teams, and particularly the horizon scanning process. This is a core element in the management of regulatory change. Horizon scanning is the process of compiling all regulatory events relevant for MUFG. This includes regularly reviewing regulatory web pages, plus legal firms/vendors email alerts covering relevant regulatory developments. The candidate will complete the baseline horizon scanning for Compliance and other functions, including Risk, Finance, Financial Crime, HR, etc. This process is also a key for the running of the Regulatory Change Review Group (RCRG). Roles and Responsibilities(To be filled by business) Main Responsibility Reporting to (position title), the candidates main responsibility will be supporting the horizon scanning process (compiling all regulatory events relevant for MUFG). This includes: Daily/weekly reviewing list of regulators web pages, plus legal firms/vendors email alerts who cover relevant regulatory developments. The candidate must be able to understand and identify regulation in scope for MUFG in the UK, Europe and Asia. Transferring this information into central system; GRC-Regulatory Tracker (for EMEA) and APAC (spreadsheet) Tracker (for Asia). Frequent updating of the GRC-Regulatory Tracker and APAC Tracker. Organizing weekly meetings to update APAC and EMEA RCM teams Review allocation of regulatory entries to relevant Subject Matter Experts in the UK and in Europe. Cascading the relevant information from the GRC-Regulatory Tracker to all regulatory SMEs, not only in Compliance, but also in other support functions, both in the UK and Europe. Providing operational support to the Regulatory Change Review Group (RCRG). Additional Responsibilities: Drafting and circulating the weekly regulatory newsletters of APAC & EMEA. Providing administrative general support to team members. Management Reporting - Producing of MI for RCRG, Regional Compliance Committee, and others as and when required. Job Requirements: (To be filled by business) Bachelors degree in any discipline. (Preferably Finance or Financial Law), covering understanding of financial markets and regulation. 8 years of experience in Regulatory Compliance/Operations capacity. High level of communication skills with proven ability to articulate complex issues concisely, suitable for all levels across the Group. The ability to operate with urgency and priorities work accordingly. The ability to manage large workloads and tight deadlines. Actively demonstrate accountability, responsibility and ownership for managing own actions and workload. Experienced in dealing with multiple stakeholders in different functions who have different objectives. Strong analytical, problem solving and reporting skills and able to critically evaluate information gather from multiple sources and reconcile conflicts. Proficient in MS excel including pivot tables, formulas and data manipulation, Power Point, Word, Sharepoint. Equal Opportunity Employer The MUFG Group is committed to providing equal employment opportunities to all applicants and employees and does not discriminate on the basis of race, colour, national origin, physical appearance, religion, gender expression, gender identity, sex, age, ancestry, marital status, disability, medical condition, sexual orientation, genetic information, or any other protected status of an individual or that individual's associates or relatives, or any other classification protected by the applicable laws.
Location: bangalore, IN
Posted Date: 6/13/2025
Location: bangalore, IN
Posted Date: 6/13/2025
Contact Information
Contact | Human Resources MUFG Global Service |
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