Global Markets Risk and Controls - Regulatory Risk and Surveillance

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 leading financial groups. 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.

The position is within the Global Markets Risk and Controls – Regulatory Risk and Surveillance team.

The Individual will:

• Provide direct support of the Global Markets business to monitor and mitigate regulatory risk for swaps and derivatives products.  The position requires significant interaction with front office, including responding to ad-hoc inquiries from the trading desk to investigating regulatory exceptions. 
• Assist in the design and execution of new/existing processes and controls to detect non-compliance issues owned by front office. 
• Prepare responses to inquiries and document requests from external regulators and internal stakeholders e.g. Compliance testing and Audit.  Support corrective action planning and issue remediation, as required.
• Assist in the creation, analysis and reporting of risk metrics and monitoring results to senior management.
• Recordkeeping:
  • Support compliance with CFTC Swap Dealer recordkeeping requirements by conducting reviews of archived records to ensure they are searchable and retrievable by counterparty. 
  • Ensure effectiveness and ongoing integrity of Global Markets recordkeeping environment by conducting daily review of reconciliation reports.  The individual will be required to identify recordkeeping ingestion issues and partnering with technology teams to remediate.

 We Require:

• Bachelor’s Degree in a finance, economics or business related field
• 1-2 years of relevant experience in the financial services industry or consulting firm
• Strong proficiency in Microsoft Excel, PowerPoint, etc., is required.
• Strong communication skills (written and verbal) required
• Strong attention to detail and ability to think critically
• Ability to prioritize assignments to meet critical deadlines
• Working knowledge of Foreign Exchange and Interest Rate Derivative products as well as knowledge of and sales and trading functions

The typical base pay range for this role is between $88K - $111K 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 a