Director, Controls, Third Party Management
Full-time
Rank: Director
Employment Type: Permanent Full Time
About MUFG Investor Services: MUFG Investor Services is a trusted partner to many of the world’s largest public and private funds, providing asset servicing and operational solutions built for alternatives. With over $1 trillion in client assets under administration, we offer fund administration, banking, payments, fund financing, foreign exchange overlay, corporate and regulatory services, custody, business consulting, and more. Operating from 17 locations worldwide, we help clients mitigate risk, enhance efficiency, and navigate the operational complexities of today’s investment management landscape. As a division of Mitsubishi UFJ Financial Group (MUFG), one of the world’s largest financial institutions with approximately $3 trillion in assets, we combine deep expertise with the strength and stability of a leading financial institution. To learn more, visit us at www.mufg-investorservices.com.
Key member of the Third Party Management team with responsibility for the oversight, development, and continuous enhancement of the Group’s Third Party Risk Management Framework. The role ensures that policies, standards, and governance arrangements meet applicable regulatory requirements and support effective risk management across all jurisdictions in which the Group operates. Supports both the Head of Controls and the Head of Third Party Management in meeting their responsibilities.
Framework and Policy Ownership
Lead the development, maintenance, and enhancement of the Third-Party Risk Management framework, policies, and standards.
Ensure the framework aligns with regulatory expectations and industry best practices, including requirements issued by the Central Bank of Ireland and the Cayman Islands Monetary Authority.
Maintain supporting procedures, guidance documents, and control standards to enable consistent implementation across the Group.
Ensure policies are periodically reviewed, updated, and approved through appropriate governance forums.
Regulatory Oversight and Compliance
Monitor regulatory developments related to outsourcing and third-party risk management across relevant jurisdictions.
Assess the impact of new or amended regulatory requirements and coordinate implementation within the Group.
Provide subject‑matter expertise on regulatory obligations relating to outsourcing, third‑party risk, and operational resilience.
Support regulatory inspections, supervisory engagements, and internal audits by coordinating responses and providing required documentation.
Governance and Reporting
Establish and maintain governance structures supporting oversight of third‑party and outsourcing risks.
Develop and deliver timely and accurate management information and reporting for senior management, outsourcing and risk committees, and boards.
Ensure accurate and complete maintenance of regulatory artefacts, including outsourcing registers and critical service inventories where required.
Oversight and Quality Assurance
Provide independent oversight and challenge of third‑party risk assessments and due diligence activities performed by operational teams.
Conduct quality assurance reviews to ensure adherence to the established framework and internal standards.
Identify systemic issues or control weaknesses and coordinate remediation activities.
Stakeholder Engagement
Act as a key point of contact for internal stakeholders including Risk, Compliance, Legal, Sourcing, Technology, and Business Units.
Provide guidance and training to stakeholders on third‑party risk management requirements and processes.
Promote awareness of outsourcing and third‑party risk across the Group.
Team Leadership and Development
Provide leadership and guidance to team members responsible for third‑party risk management activities.
Support capability development within the team through mentoring, training, and knowledge sharing.
Contribute to the continuous improvement of operational processes and supporting tools.
Identify opportunities to enhance the effectiveness and efficiency of the third‑party risk management framework.
Support implementation of technology, automation, and data improvements to strengthen risk oversight and reporting.
Lead or contribute to strategic initiatives to reduce or manage third‑party risk.
Educational Requirements
Primary level degree in business, finance, accounting, or a relevant professional qualification.
Work Experience
At least 6 years’ experience working in the fund administration/banking or relevant regulated industry.
Functional/Technical Skills and Knowledge Requirements
Strong computer skills with strengths in Microsoft Office products. Proficiency with Microsoft Excel is particularly an asset.
Working understanding of fund administration industry. This includes various fund structures, fee calculations, financial instruments and fund offering documentation review.
Sound knowledge and experience of outsourcing/third party management framework and the ability to implement and apply to the business.
Excellent analytical and communication skills (written & verbal).
Strong influencing and relationship management skills conducted with integrity and sound judgement.
Experience with fund accounting software would be beneficial but not necessary.
Ability to project manage across jurisdictions / locations and operate effectively in a changing environment.
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