Risk & Controls Analyst

**Overview**

Effective 1 July 2025, the new cross-industry **Prudential Standard CPS 230 - Operational Risk Management**comes into force, setting minimum standards for managing operational risk, business continuity, and service provider oversight. To support this, MUFG is creating a new role within the Retirement Solutions business to help design, implement, and test an uplifted controls framework, ensuring alignment with CPS 230 requirements.
- **Hybrid/flexible working conditions
- 50% in the office per fortnight**:

- **Melbourne or Sydney location
**Key Responsibilities**

**Strategic & Risk Focus**:

- Support the implementation of CPS 230, working across business units to assess risks and design effective controls.
- Maintain and update Risk and Control Matrices (RACMs), ensuring alignment with CPS 230 and GRC systems.
- Collaborate with stakeholders and SMEs to drive operational readiness and test control effectiveness.
- Contribute to the uplift of the Control Self-Assessment (CSA) program and related reporting.

**Operational Resilience**:

- Assist with the delivery of the three-phase Controls Uplift Initiative - analysis, design, implementation, and testing.
- Lead control mapping, assurance activities, and CSA testing development.
- Identify and help address control gaps, process improvements, and resilience risks.

**Governance & Compliance**:

- Engage with Line 1 and Line 2 Risk teams to ensure strong risk governance and regulatory compliance.
- Support a proactive risk culture and meet all CPS 230-related assurance obligations.
- Ensure compliance with internal policies and statutory requirements, including privacy and operational risk frameworks.

**Experience & Attributes**
- 2+ years of experience in a risk and controls, assurance, or operational resilience role.
- Hands-on experience with control design, implementation, and effectiveness testing.
- Strong collaboration, planning, and stakeholder management skills.
- Excellent verbal and written communication skills, with a problem-solving mindset.Ability to operate effectively in fast-paced and complex environments.

**Some of our Employment Benefits**
- Flexible working
- 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
- 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 MicrosoftNovated Car Leasing

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.

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.

Our MUFG Retirement Solutions division combines its proprietary technology, process and people to deliver a comprehensive financial data solution to its superannuation clients. We support clients across all superannuation fund sectors including government, industry, retail and corporate.

By accompanying our core member and employer administration with a full range of value-added services, we offer the most comprehensive superannuation administration solution on the market. The scale, adaptability and ease of use of our proprietary systems, in conjunction with our integrated analytics offering, allow us to innovate and grow with the needs of our clients.

MUFG