Interest Rate and Liquidity Risk Manager, Vice President

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.

This is a hybrid position. The selected colleague will work at an MUFG office or client sites up to four days per week and work remotely the remaining day(s). A member of our Talent Acquisition team will provide more details.

Job Summary:

The incumbent will support enhancing the IRR and Liquidity Risk Functions at MUFG Bank Ltd. US Branches and other CUSO entities, including NII/EAR/EVE calculations, liquidity risk assessment, investment portfolio structuring, new product assessments, policy and procedure maintenance.

Key Dimensions:

• Analyze, assess and control the IRR and liquidity risks embedded in MUFG Bank Ltd. US branches’ balance sheets, ability to model all CUSO entities for NII/EAR/EVE metrics, and help manage investment portfolio to achieve the targeted profitability for PMG.
  • Plan, execute and review treasury funding strategies, ensuring liquidity risk is appropriately maintained within limits.
  • Analyze and assess the balance sheet, upcoming customer transactions, including new products assessments to ensure bookings accurately reflect the underlying transaction.
  • Conduct research on financial markets, economies and policies and there effects on IRR and Liquidity and Funding strategies.
  • Input into the development of MUFG Bank Ltd US funding plans, including intercompany flows, MLT gap management frameworks, Liquidity Buffers.
• Support the department in the following areas:
  • Creating, Running and Enhancement of IRR and liquidity risk reporting.
  • Assisting the director of treasury funding in planning and implementation of funding strategies and deposit business plan.
  • Creation of IRR and liquidity reports, including committee materials.
  • 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

Qualifications  

Job Requirements

• 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 Moody’s ZMdesk, QRM, 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 typical base pay range for this role is between $135K - $170K 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 as