Senior Risk & Controls Analyst

Overview

First Line Risk works with key stakeholders to identify, assess and mitigate operational and compliance risks within the Board’s appetite. From 1 July 2025, the new Prudential Standard CPS 230 Operational Risk Management will require strengthened controls, business continuity and service provider oversight.

The newly created Senior Analyst role will lead the uplift of MUFG Retirement Solutions’ controls framework in response to CPS 230. You’ll oversee the design, implementation, and governance of operational resilience activities, including risk analysis, assurance, tolerance testing, and reporting.

 

• Lead the uplift of MUFG Retirement Solutions’ risk and controls framework in line with new CPS 230 standards.
• Oversee control design, assurance testing, and operational resilience activities across business units.
• Partner with stakeholders to strengthen compliance, governance, and a proactive risk culture.

 

Key Accountabilities and Main Responsibilities

Strategic Focus

• Lead the operationalisation of uplifted controls and RACMs across all business units.
• Oversee assurance activities, CSA enhancements, and CPS 230 implementation.
• Engage SMEs to strengthen risk identification and control effectiveness.
• Provide guidance on CPS 230 outcomes and build organisational capability.
• Manage GRC updates and maintain strong internal and external relationships.

Operational Risk Management / Resilience

• Support the Operational Resilience team with detailed implementation plans.
• Map and maintain RACMs and GRC controls, addressing gaps as needed.
• Lead assurance and effectiveness testing across business units.
• Coordinate cross-functional testing and reporting dashboards.
• Identify control gaps and oversee remediation with risk teams.

Governance & Risk

• Partner with CPS 230 stakeholders to ensure compliance and oversight.
• Embed the Operating Resilience Model across the three lines of defence.
• Promote a proactive risk management and compliance culture.
• Maintain regulatory awareness and compliance with policies and procedures.

 

Experience & Personal Attributes

• 5+ years’ experience in risk and controls management, with proven leadership.
• Expertise in control design, assurance and effectiveness testing.
• Strong influencing skills with ability to build cross-functional relationships.
• Excellent planning, problem-solving, and decision-making skills.
• Clear communicator, capable of translating complex concepts.
• Collaborative, client-focused and resilient in a fast-paced environment.

 

 

Some of our Employment Benefits

• FlexiWorks – enabling our employees to work in the office and at home
• Purchased Leave, Parental Leave, Volunteer Leave, Gender transition leave, Well-being leave
• Employee Recognition Program - to recognise people who are demonstrating our values and Company purpose. 
• Talent Referral Program
• Salary Sacrificing via Superannuation
• Employee Assistance Program
• Learning & Development - Development at your fingertips via self-paced learning, including educational assistance support
• Employee discounts – Access discounted rates and offers from a variety of providers including Bupa and Microsoft!
• Novated Car Leasing

 

Culture at MUFG Pension & Market Services

We are an inclusive employer whose people work collaboratively. We encourage, support and value the various talents and perspectives of our people and promote a flexible and blended work environment where our people can thrive, and their wellbeing is supported. We know that diversity drives better client outcomes, continuous improvement, and growth. Be part of our company and together we will achieve our full potential.

We treat all individuals fairly and equitably and do not discriminate on the basis of diverse characteristics including, but not limited to gender, gender identity, sexual orientation, age, ethnicity, cultural background, physical abilities/disabilities, religious or political belief, marital or family status or carers responsibilities.

How to apply

Ready to take the next step in your career? Apply now with your resume and detailed cover letter highlighting your skills, experience, and why you would be a good fit for the role. Candidates must have the relevant work rights to be considered for an opportunity at MUFG Pension & Market Services. Successful applicants will be required to complete background screening prior to commencement of employment

 

       

MUFG Pension & Market Services is a global, digitally enabled business that empowers a brighter future by connecting millions of people with their assets – safely, securely and responsibly. 

Through our two businesses MUFG Retirement Solutions and MUFG Corporate Markets, we partner with a diversified portfolio of global clients to provide robust, efficient and scalable services, purpose-built solutions and modern technology platforms that deliver world class outcomes and experiences. 

A member of MUFG, a global financial group, we help manage regulatory complexity, improve data management and connect people with their assets, through exceptional user experience that leverages the expertise of our people combined with scalable technology, digital connectivity and data insights.