Full Job Description
Overview
Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. 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. Please visit our website for more information - https://www.mufg.jp/english.
Main Purpose of the Role
This position contributes to the objectives of the Asset-Liability Management (ALM) function, which involves managing MUFG Canada's balance sheet using sound liquidity, market and interest rate risk management practices.
Key Responsibilities
Balance Sheet Management:
Contribute to the management of MUFG Canada's balance sheet using sound liquidity, market and interest rate risk management practices so as to:
-Ensure all obligations, actual and projected, are effectively met (including effective cash flow forecasting)
-Ensure regulatory requirements are met
-Ensure all risk limits are adhered to
-Manage the Bank's funds transfer pricing structure, ensuring it reflects the Bank's cost of funds
-Optimize the Bank's funding mix, balancing soundness and profitability
-Achieve ALM annual revenue objectives
Data Management & Reporting:
-Overseeing data management and quantitative processes, including overseeing the EUCC's for ALM.
-Enhance effectiveness of ALM reporting
-Improve efficiency by automating processes, either through programming of macros or through automated report production
-Contribute to the efficient production of reports such as the ALM Committee package, monthly Treasury/Deposit reports, daily ALM End of Day report, etc.
Front-Line Risk Management:
-Work with Canada Risk to calibrate, monitor and report Early Warning Indicators (EWIs), Liquidity Risk Limits
-Collaborate with Canada Risk on Liquidity Stress Testing and other requirements
-Assess EWI and Liquidity Risk Limit breaches and their potential impact on liquidity
Trading:
-Execute trades in the Money Market (interbank, interoffice funding & BDNs), Repo, and Cash Bond markets; and FX swaps via FX desk; within Canada Treasury's Position and Loss limit
Client and Counterparty Relationship Management:
-Interact with clients (internal/external) and counterparties in order to provide timely, "best in class" service
-Provide service to the Bank's deposit customers, and support to GCIB, JCIB and TBA to assist in growing deposits
Work Experience
Essential:
-5+ years' experience in financial services industry, preferably in a Treasury function within a Canadian bank (Schedule I, II, or III)
Skills and Experience
Functional / Technical Competencies:
-Advanced proficiency in Microsoft applications including Excel, PowerPoint, Copilot and PowerBI
-Strong programming skills
-Strong analytical skills
-Strong attention to detail
Education / Qualifications:
-Bachelor's Degree
-Some education in finance, either through degree program or through professional designations such as CSC, CFA, etc
Personal Requirements
-Motivated and proactive approach to work
-Ability to try new things and drive change
-Ability to work collaboratively with stakeholders in Canada and US, and within MUFG globally
-Ability to communicate clearly and professionally
-Ability to manage multiple tasks and prioritize effectively
-Ability to work independently and as part of a team
Performance and Duties
The role holder will be assessed in accordance with their employing entity's performance framework and process.
As duties and responsibilities change, the job description will be reviewed and amended in consultation with the role holder. The role holder will carry out other duties as are within the scope, spirit, and purpose of the role as requested by their line manager or Department Head.
The job description and related application pertains to an opportunity with either MUFG Bank, Ltd., Canada Branch ("MUFG Bank Canada") or MUFG Securities (Canada), Ltd. ("MUFG Securities Canada"). The job description relates to the general nature, scope, quantity and quality of work contemplated for the position. Other duties and responsibilities not specifically described may be assigned from time to time, consistent with knowledge, skills and abilities of the incumbent. The receipt of an application by either MUFG Bank Canada or MUFG Securities Canada, as applicable, does not imply or guarantee employment.
