Product Governance, AVP

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 150,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

Would you like to work for one of the world's largest banks in an exciting, dynamic and international environment?

We are currently recruiting for an Assistant Vice President, Product Governance for our Chief Strategy & Planning Office in Amsterdam.

About MUFG Bank (Europe) N.V.

MUFG Bank (Europe) N.V. (MBE) is a fully-owned subsidiary of MUFG Bank, headquartered in Amsterdam. With offices throughout Europe, our teams provide clients with comprehensive financing solutions spanning Coverage & Structured Finance, Capital Markets and Transaction Banking, using MUFG’s global reach to provide bespoke solutions.

Please visit our website for more information – https://www.mufgemea.com/mbe

Department overview

The Product Governance Department within MUFG is responsible for overseeing the end-to-end governance framework for products across their lifecycle. The team ensures that products are reviewed in compliance with regulatory requirements, internal policies, and risk management standards. Working closely with Product Management, Compliance, Legal, Risk, Operations, and Business stakeholders, the department drives product approvals, governance processes, target market assessments, product reviews, and regulatory change implementation to ensure fair customer outcomes and effective product oversight.

Function positioning

The Assistant Vice President (AVP) Product Governance supports the MBE Product Governance Framework, ensuring compliance with regulatory requirements, internal policies and risk management standards across the product lifecycle. Acting as a key liaison across Front Office, Product Management, Risk, Compliance, Legal, Operations and Finance, the role coordinates product governance processes, committee activities, product approvals, governance reporting, audit and regulatory remediation, and continuous framework enhancement.

As part of the first line of defence, the AVP supports MBE's product governance process ownership, ensuring new products, material changes, conditions/restrictions, lifecycle reviews, product withdrawals, management information, records and escalations are managed through a robust and evidence-based governance framework, while preserving business ownership and independent 2LoD challenge.

The role includes the following / key responsibilities:

Product Governance Framework and Governance Oversight:

- Support the implementation and continuous enhancement of the Bank's Product Governance Framework.

- Collaborate with cross-functional SMEs and regional stakeholders to ensure alignment as well as to enhance efficiency in the governance

- Manage governance documentation, procedures, standards, and operating guidelines.

- Coordinate and manage the New Product Committee (NPC) meeting requirements .

- Prepare governance packs, committee materials, meeting agendas, and minutes.

- Track approval conditions, action items, and post-implementation reviews.

- Manage the NPA intake pipeline, prioritisation and readiness gate process before submission to NPC.

- Coordinate SME risk assessments, approvals, no-objections and challenge responses across Risk, Compliance, Legal, Operations, Finance, Financial Crime, Operational Resilience and other relevant stakeholders.

- Track and evidence NPC decisions, approval conditions, restrictions, residual risk acceptance and escalation points.

- Support CTC identification, SME assessments and approval tracking where required under the product governance process.

- Maintain and support the product catalogue / product inventory, including alignment to product taxonomy and lifecycle status.

- Support periodic and trigger-based product reviews, including PIRs, PAPs, lifecycle assessments and remedial action tracking.

- Monitor conditions, restrictions and ongoing adherence requirements throughout the product lifecycle.

- Ensure lifecycle decisions are supported by appropriate evidence, approvals, MI and escalation where required.

- Manage documentation and record-keeping requirements in accordance with regulatory and internal governance standards.

SharePoint & Documentation Management:

- Manage and maintain Product Governance SharePoint sites, repositories, workflows, and document libraries.

- Ensure governance documentation is accurately maintained, version controlled, and readily accessible.

- Drive improvements in document management, collaboration tools, and reporting capabilities using SharePoint.

In order to be successful in the role, you will need the following:

- 7+ years' experience within Banking, Financial Services, Product Management, Product Governance, Risk, Compliance, or Operations.

- Sound understanding of banking products, services and F2B operating model.

- Experience supporting governance committees and approval processes.

- Strong understanding of risk management and control frameworks.

- Ability to produce senior management ready MI, dashboard, audit trails and governance evidence.

- Experience working with senior stakeholders across multiple functions.

- Experience coordinating cross-functional SMEs

- Ability to manage multiple priorities in a dynamic environment.

- Hybrid working model with a minimum of 3 days in the office.

- Excellent written and verbal communication skills in English.

- Advanced knowledge of SharePoint and Microsoft 365 applications.

Preferred:

- Knowledge of European banking regulatory expectations around product governance, internal governance, lifecycle oversight etc.

- Professional qualifications in Risk Management, Compliance, Product Management, or Banking.

- Experience working within an international banking environment.

- Experience with Power BI, Power Automate, or other Microsoft 365 automation tools.

Personal requirements:

Integrity and Responsibility:

- Balance Risk with Opportunity

- Customer Focus

- Demonstrate Global Perspective

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

What do we have to offer:

We offer you a role in one of the largest banks of the world in a growing and international environment.  You have various opportunities to develop yourself and we will support you with that by offering various training and development possibilities.

- We take into account your home situation and your ambitions and help you to balance work and private life.

- Monthly team events.

- To work in an ambitious, international environment with colleagues from different countries and cultures, who strive for the best.

Besides that we will offer you:

- Gross salary based on experience and consistent with the market

- 8% holiday allowance and 13th month payment.

- 30 vacation days per year. Optional you can buy 15 additional days.

- Commuting allowance based on annual public transport 2nd class, most economical way, or € 0,23 per km with a max of 75km one way.

- €5,00 net remote working compensation per day, with a maximum of €60,00 per month.

- Possibility to order a mobile phone (up to €800,-)

- Possibility to order Office Equipment’s for the home office, (up to €500,-)

- Remote Working Policy i.e. Working From Home (WFH) and Remote Working in another Country.

- Bicycle plan (fiscal benefit)

- Company fitness (fiscal benefit)

- Mental health workshops and budget for external courses (i.e. Dutch language classes).

- Employee contribution towards Pension insurance (max 5%, currently 2%), our pension scheme is based on a defined contribution scheme.

- Training & development possibilities paid by the bank

Additional information :

Acquisition in response to this vacancy is not appreciated.

The role is based in the Netherlands. All candidates need to be willing to relocate to the Netherlands. Internal employees will be supported in case of relocation.

We are open to considering flexible working requests in line with organisational requirements.

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.