Counterparty Credit Risk Associate, Assistant Vice ...
MUFG Bank, Ltd. - new york city, NY
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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 10 largest financial institutions according to S&P Global. Across the globe, we're 120,000 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. The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details. Job Summary: This role will be part of the MUFG Americas' Market Risk Management and reports to the Head of Risk Reporting and Risk Initiatives. The role will support the end-to-end counterparty credit risk reporting and data framework. Major Responsibilities: Analysis and reporting of daily/weekly/monthly counterparty credit risk Limit monitoring and breach remediation of counterparty credit risk - investigate cause of limit breach and work with credit risk manager and account manager for remediation Liaise closely with risk managers to support and enhance processes, and work with risk managers, technology and data officers to build and support the counterparty credit risk reporting infrastructure Participate in audit and regulatory engagements relating to counterparty credit risk reporting and data processes Support the enhancement of policy and procedures relating to counterparty credit risk reporting and data processes Preparation of ad-hoc management reports Qualifications: Bachelor's degree preferably in a technical or quantitative discipline 3+ years of relevant experience in counterparty credit risk management role Good knowledge of counterparty credit and market risk Quantitative and analytical skills, proficient with Excel and VBA Strong ability to analyze and interpret data Diverse and wide range of skills, knowledge, and expertise Excellent communication skills Strong organizational skills and the ability to multi-task in a complex environment with changing priorities The typical base pay range for this role is between $120K - $135K depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below. MUFG Benefits Summary We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any. The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified. We are proud to be an Equal Opportunity Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual's associates or relatives that is protected under applicable federal, state, or local law.
Created: 2024-10-19