MUFG Union Bank Interest Rate and Liquidity Manager, Vice President in New York, New York
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world with total assets of over $2.4 trillion (as ranked by SNL Financial, April 2016) and 140,000 colleagues in nearly 50 countries. In the U.S., we’re 13,000 strong, working together to positively impact every customer, organization, and community we serve. We achieve this by delivering on our values, putting people first, fostering long-term relationships built on honesty and mutual understanding, and inspiring the best in each other. This is all part of our inclusive, high-performing culture supported by Total Rewards that include our cash balance pension plan. Join a team that’s working to fulfill its vision to be the world’s most trusted financial group.
The incumbent will support enhancing the IRR and Liquidity Risk Functions at BTMU US Branches, including liquidity risk assessment, NII/EAR/EVE Calculation, portfolio reporting, new product assessments, policy and procedure maintenance.
- Analyze, Assess and control the IRR and liquidity risks embedded in the BTMU US branches balance sheets and funding portfolio to achieve the targeted profitability for PMG.
o Plan, execute and review treasury funding strategies, ensuring liquidity risk is appropriately maintained within limits
o Analyze and assess the balance sheet, upcoming customer transactions, including new products assessments to ensure bookings accurately reflect the underlying transaction
o Conduct research on financial markets, economies and policies and there effects on IRR and Liquidity and Funding strategies
o Input into the development of BTMU US funding plans, including intercompany flows, MLT gap management frameworks, Liquidity Buffers
- Support the department in the following areas:
o Creating, Running and Enhancement of IRR and liquidity risk reporting
o Assisting the director of treasury funding in planning and implementation of funding strategies and deposit business plan.
o Creation of IRR and liquidity reports, including committee materials.
o Support applicable compliance and governance related matters as necessary including regulatory reviews related to IRR and liquidity.
Support system enhancement projects and development efforts to make PMG’s operations more efficient and productive.
Collaborate with Global and Local MUFG Americas entities to share best practices and enhance co-ordination
A bachelor’s degree or equivalent work experience
5 or more years of Interest Rate Risk and Liquidity Management experience; including experience in calculating NII/EVE/EAR and liquidity stress testing and assumption development.
Knowledge of current industry trends in IRR and liquidity management, including current regulatory requirements, and a proven record of setting policy and procedure
Working knowledge of systems such as OFSAA ALM, LRM and OBIEE are highly desirable
An understanding of risk management practices, financial market instruments and regulatory requirements in a foreign banking organization (FBO) is required, including current regulatory requirements (such as IRRBB, EPS, LCR, FR2052a)
Experience in creating cash flow projections, limits monitoring framework, collateral monitoring, and Intraday liquidity management
Conceptual banking skills and an understanding of balance sheet and income statement dynamics as well as understanding of bank accounting practices
Good quantitative and problem solving skills
A clear and effective communicator - both written and oral
Ability to deliver practical solutions in a demanding high-pressure environment
Advanced Excel and macro skills are preferred
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/Affirmative Action 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 in employment decisions on the basis of any protected category.
Title: Interest Rate and Liquidity Manager, Vice President
Location: NEW YORK-New York
Requisition ID: 10014007-WD