FR2004 Regulatory Reporting, AVP

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.

Job Description

The AVP in the Middle Office will be responsible for supporting the firm’s initiative to become a US Government Primary Dealer.  The candidate will work with various internal and external stakeholders in gathering the requirements, will be responsible for the FR2004 reporting, will support the Fed’s FOMC Operations, and will support the Fixed Income primary and secondary trading businesses. This person will be responsible for handling all middle office operational functions including, but not limited to, FR2004 reporting, providing support for the Fed Auction process, and support the lifecycle of trades for the Flow Products Rates and Credit Trading Desks and Institutional Investor Sales Desks.   

RESPONSIBILITIES

• In depth knowledge of the various FR2004 reporting and submission requirements, will ultimately be responsible for the daily, weekly, and monthly submissions as well as any ad hoc requests from the Fed

• Work with BA and vendors in regards to gathering requirements; assess current capabilities; work on data analysis, design, and mapping; assist from Ops perspective with BRD, FRD, and other documentation, identify any gaps that may need to be addressed especially in regards to setting up the FR2004 reporting infrastructure

• Help facilitate the information gathering and documentation submission required by the regulatory bodies for the broker-dealer’s onboarding process

• Assist with system configuration, setup, and testing

• Collaborate with relevant regulatory bodies to understand the application process, reporting requirements, and ongoing obligations for market participants

• Support the various US Federal Open Market Operations

• Broadridge knowledge a plus

• Provide training and support to the rest of the team regarding reporting requirements, communication protocols, etc.

• Work with Fed Settlements teams in regards to FRB process, FICC netting, and Fedwire settlement

• Check for any Cxl'd and Corrected tickets to determine if any actions in the backOffice system is needed.

• Send trade-recap to customer clients and request for allocations

• E-mail- Work on any e-mail queries from clients

• Monitor Trading Panel

• Monitor MOCCA - Match and accept trades on CTM

• Liaise between Front Office and Settlements & P&S

• Work on any Client queries.

QUALIFICATIONS

• Bachelor's degree in finance, economics, or a related field

• 2+ years of experience in a similar business analyst or market operations role, preferably within a broker-dealer or financial institution

• Thorough understanding of financial markets, and regulatory requirements

• Excellent communication and stakeholder management skills, with the ability to translate technical information for non-technical audiences

• Proficiency in Brokerage systems such as Bloomberg and Broadridge systems (BPS and IMPACT)

The typical base pay range for this role is between $90K– $120K depending on job-related knowledge, skills, experience and location. 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.

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