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AI & Data Privacy Risk Lead

MUFG Pension & Market Services
Full-time
On-site
Parramatta, New South Wales, Australia
Data Privacy

Parramatta (Hybrid – 1 day per week in Sydney CBD) 

Shape the future of responsible AI and data governance at MUFG Pension & Market Services (MPMS).

We’re seeking an accomplished and forward-thinking risk leader to design and drive our enterprise-wide strategy for AI, Machine Learning, and Data Privacy Risk Management — ensuring innovation remains ethical, secure, and compliant across multiple jurisdictions.

About the Role

As the AI & Data Privacy Risk Lead, you will lead the second line of defence (L2) in establishing frameworks and controls that define what safe and responsible AI looks like.
Working across Technology, Legal, Risk, Data Science, and Business units, you’ll build the governance structures and oversight that ensure AI and data use are aligned with regulatory expectations, privacy standards, and organisational values.

This is an enterprise-wide leadership role with exposure across Australia, the UK, EU, India, and Hong Kong, requiring a deep understanding of global regulatory frameworks and cross-border data requirements.

Key Responsibilities

  • Develop and implement an enterprise-wide AI and Data Privacy Risk Framework aligned to global standards (e.g. GDPR, DORA, APRA CPS 234/230).
  • Lead the design and adoption of AI governance policies, including algorithmic accountability, bias mitigation, and responsible model usage.
  • Provide L2 oversight of AI risk and information security assessments, ensuring effective controls across the AI lifecycle (design, training, deployment, monitoring).
  • Oversee data lineage, governance, and quality frameworks ensuring responsible data use in AI systems.
  • Manage privacy by design and ensure compliance with PII and cross-border data transfer requirements.
  • Lead Data Protection Impact Assessments (DPIAs) and guide responses to regulatory inquiries or incidents.
  • Partner with business and technology teams to strengthen AI controls and ensure the ethical use of generative AI, chatbots, and automation technologies.
  • Support uplift in AI risk literacy and promote a culture of transparency, ethics, and accountability.
  • Lead and develop a team of 3–4 experienced professionals

About You

You’re a seasoned risk leader who combines strategic oversight with hands-on capability. You understand the technical, regulatory, and ethical dimensions of AI and data — and are passionate about enabling innovation safely.

You’ll bring:

  • 12+ years’ experience in Technology or Security Risk Management, ideally in financial services.
  • Proven experience leading AI and Data Risk frameworks across multiple jurisdictions (UK, EU, India, Australia, HK).
  • Deep understanding of AI governance, algorithmic risk, bias, and responsible AI model development.
  • Knowledge of cross-border data privacy and global regulatory frameworks (GDPR, DORA, APRA, FCA, PRA, HKMA).
  • Qualifications in IT, Computer Science, or Information Security (postgraduate desirable).
  • Certifications such as CRISC, CISM, CISA, CISSP, ISO 27001/42001 Lead Auditor are advantageous.
  • Exceptional stakeholder engagement, leadership, and influencing skills — able to operate both strategically and tactically.

What’s it like to work here?

We’re proud to have created a culture that values diversity, inclusion, flexibility, and blended working.
At MPMS, we believe in being open, transparent, and supportive, genuinely caring about the health and wellbeing of our people.

Joining MUFG Pension & Market Services Group means becoming part of an organisation that fosters continuous learning and development, giving you the tools and support you need for both career growth and personal fulfilment.

We offer a range of benefits, including:

  • Salary sacrificing via superannuation
  • Paid parental leave scheme
  • Employee discounts, including health insurance
  • Hybrid working model
  • Volunteer and Wellbeing Leave

Why Join Us?

At MPMS, you’ll be part of a purpose-driven organisation committed to innovation, integrity, and the responsible use of emerging technologies.
This is a unique opportunity to shape enterprise-wide AI governance and build a function that defines what responsible AI and data privacy look like across multiple regions and regulatory environments.

Apply now to lead the next chapter of AI and Data Privacy Risk management at MPMS.


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 Group Risk & Compliance function manages all aspects of risk and compliance across the organisation. It oversees the risk management framework to ensure effective operational risk management, guidance from risk and compliance teams, and implementation of global risk management strategies. This function ensures that we consistently meet regulatory compliance and governance standards. 
MUFG Pension & Market Services is continuing to build a dynamic, client-focused, caring, and inclusive culture based on entrepreneurial spirit, effective risk management, empathy, and trust, underpinned by core values. 
We work collaboratively, supporting and valuing the talents and perspectives of our people, and promoting a flexible work environment where their wellbeing is prioritized. We believe diversity drives better client outcomes, improvement, and growth. 
Join us on the MUFG Pension & Market Services journey to achieve our full potential. We treat everyone fairly and equitably, regardless of diverse characteristics. Candidates must have the relevant work rights. Successful applicants must complete background screening before employment.
Apply now
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