Vice President, Product Governance

Mitsubishi UFJ Financial Group; City of London; On-site; GBP 90,000 - 130,000; Full time

Job summary

A global financial services company is seeking a Vice President of Product Governance to design and implement governance frameworks across EMEA. The role requires strong product governance experience, leadership skills, and collaboration with various stakeholders. Ideal candidates will have a degree in a related field and a proven track record in corporate or investment banking governance. The position is based in London.

Qualifications

• Broad experience in product governance within corporate or investment banking.
• Strong understanding of financial products including derivatives, structured finance and capital markets instruments.
• Proven track record of building governance functions or leading transformation initiatives.

Responsibilities

• Design, develop and implement product governance frameworks and policies.
• Manage appropriate committees for New Products and Complex Transactions.
• Collaborate with Legal, Compliance, and Risk teams.

Skills

Product governance experience

Leadership skills

Communication skills

Stakeholder management

Financial product knowledge

Education

Degree in business, accounting, economics or mathematics

Job description

Vice President, Product Governance – MUFG

Global Corporate & Investment Banking ("GCIB") is the division responsible for managing the Bank's key international client relationships and main financing products (Syndication, Structured & Project Finance, Securitisation, Working Capital Solutions, ECA financing, etc.). Japanese Corporate & Investment Banking ("JCIB") supports Japanese corporate activities in the EMEA Region. Product offerings include Lending, Money Market instruments, Foreign exchange, Current accounts and Payment services. Transaction Banking ("TB") supports both GCIB and JCIB clients and consists of two main groups, Cash & Liquidity Management (C&LM) and Trade Finance & Working Capital (TF&WC). EMEA Global Markets Division ("EGMD") is the division responsible for delivering tailored financial solutions to GCIB and JCIB clients supporting trading in FX, interest rates, credit and other financial instruments.

Main Purpose of the Role

Work with key stakeholders to lead the design, launch and embedding of the Product Governance Office within MUFG, EMEA. The role supports the above divisions and covers London, Paris, Milan and Dubai branches. The purpose is to ensure that the products offered by MUFG Bank within EMEA are developed, managed and maintained in line with strategic business initiatives, internal policies and regulatory requirements.

Roles, Scope and Reporting Structure

Reports to the Director Business Management GCIB EMEA and matrix reports to the Heads of JCIB, TB and EGMD (or delegates). The role will initially have 1 direct report.

Key Responsibilities

• Design, develop and implement product governance frameworks, policies and procedures for product approval, review and lifecycle management in line with MUFG’s global standards and local regulatory requirements.
• Develop product taxonomies to simplify the new product approval process, enhance efficiency and support strategic decision making.
• Manage appropriate committees/oversight for New Products and Complex Transactions.
• Maintain accurate records of product approvals, reviews and governance decisions.
• Support audits and regulatory reviews as required.
• Collaborate with Legal, Compliance, Risk, Operations and Front Office teams to assess product suitability and associated risks.
• Maintain a central and regularly reviewed register of all product-specific restrictions and conditions to ensure ongoing compliance, operational accuracy and timely follow-up on required actions.
• Manage, maintain and govern MUFG’s product catalogue including a comprehensive and up-to-date repository of all financial products across MUFG Bank EMEA.
• Act as key advisor to Front Office stakeholders on product related governance matters.
• Promote a culture of accountability, transparency and client-centricity.
• Develop and maintain strong internal networks and trusted relationships to enable change and influence behaviour across MUFG.
• Lead a high performing team through quality of performance, talent management, motivation and inspiration; promote a positive workforce culture.

Managing Conflicts of Interest/Dual Hat Status

• Responsibilities apply to both MUFG Bank and MUFG Securities EMEA plc.
• Perform duties on an entity neutral basis, without favour.
• Follow regulatory requirements applicable to each business.
• Resolve potential conflicts between MUFG Bank and MUFG Securities EMEA plc, escalating as necessary.

Professional Experience & Personal Requirements

Skills and Experience

• Degree level education (preferably in business, accounting, economics or mathematics) and/or equivalent experience.
• Broad experience in product governance within corporate or investment banking.
• Strong understanding of financial products including derivatives, structured finance and capital markets instruments.
• Proven track record of building governance functions or leading transformation initiatives.
• Excellent leadership, communication and stakeholder management skills.
• Experience working in a global, matrixed organisation.
• Proven experience of overall financial management and control of a front office business function.
• Strong written and verbal communication skills in English.
• Sound business and market awareness.
• Proactive, ability to multi-task and manage ever‑changing priorities.
• Detail conscious and committed to high quality professional work.
• Strong presentation skills and ability to be persuasive when influencing resources.
• Appetite for information and ability to prioritise and present valuable conclusions.
• Experience delivering change in a large multinational organisation.
• Experience of leading and managing a team.

Personal Requirements

• Integrity and Responsibility
• Balance Risk with Opportunity
• Customer Focus
• Demonstrate Global Perspective
• Strong commitment and ownership
• 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

Location

London, England, United Kingdom

Recruitment Statement

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.