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Modeling Analyst, Associate
Mitsubishi UFJ Financial Group
Los Angeles, CA, United States
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Description
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world (as ranked by S&P Global, April 2018) with total assets of over $2.9 trillion (106.2 (JPY) as of March 30, 2018) and 150,000 colleagues in more than 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.
Job Summary:
The position will report to the Interest Rate Risk Manager. The ALM Associate will have primary responsibility for regular production of interest rate scenarios use in bank-wide forecasting and semi-annual CCAR/DFAST processes. The position will also be responsible for regular production of derivatives portfolio related reporting, as well as assisting the Interest Rate Risk manager in the development, analysis, presentation, and execution of the Bank's market risk management strategies, and manage associated projects.
Major Responsibilities:
• Primarily responsible for production of interest rate and macroeconomic factor forecasts used for Bank wide budgeting and planning and the CCAR process
• Primarily responsible for the reporting of ALM derivatives portfolio activities and trends, including their impact on Net Interest Income and Balance Sheet
• Continuously improve and optimize production processes related to forecasting / CCAR processes, as well as other IRR and derivatives portfolio related reports
• Contribute to production, review, and analysis of monthly interest rate risk measures.
• Prepare effective analysis and presentations on risks and risk mitigating strategies for Senior Management, Risk Committees, and the Board with the guidance of senior team members
• Present results to management and committees as appropriate
• Assist senior team members in monitoring and presentation of macroeconomic trends likely to impact the Bank’s operating environment
• Develop and maintain productive working partnerships across the organization including Business Lines and Risk and Finance (Controllers, Financial Planning, Market Risk Management, Model Risk Management, Credit Risk Strategies) for all areas of mutual interest
• Perform ah-hoc analyses & projects as directed
Qualifications
• A minimum of two to three years experience in analyzing fixed income / derivatives products, markets, and/or Bank balance sheets
• Excellent quantitative, analytical, and financial skills are essential
• The successful candidate will be highly collaborative and a proven team player
• Strong organizational and project management skills are necessary
• Candidate must be self-motivated and results-oriented with the ability to excel under tight deadlines
• The ideal candidate will have aptitude and desire to synthesize macroeconomic and fixed income market research for analysis and presentation
• Proficiency in Excel, PowerPoint and database concepts is essential
• Treasury experience and familiarity with fixed income theory and risk management principles and practices within a commercial bank environment is preferred
• Knowledge of Bloomberg Terminal and QRM will be considered a significant plus
• A college degree in Business/Finance, Economics, or related fields is required
• MBA, MFE, and/or CFA is a plus
• Comparable related work experience will also be considered
• The Associate will demonstrate a hands-on approach to developing insightful, value-added, actionable analytics
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.
A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it's the bank's policy to only inquire into a candidate's criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.