Derivative Operations Analyst

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 Summary: 

Support day-to-day derivative operations, ensuring all relevant processing and maintenance functions are completed accurately, within prescribed timeframes, and in accordance with established departmental procedures.

Responsibilities:

• Ensure new derivative transactions and their lifecycle events, such as terminations, amendments, and assignments are captured properly in the respective trade booking systems.

• Ensure settlements are confirmed with counterparts and processed accurately by value date.

• Investigate trade/settlement breaks and liaise with internal business partners, clients, or clearing brokers to rectify them.

• Review various data reconciliations, research mismatches, and resolve them in a timely manner.

• Prepare monthly reports and general ledger account certifications.

• Acquire and sustain solid knowledge of all systems and applications that are utilized, including their limitations, and required workarounds.

• Serve as a resource and handle derivative related queries and audit requests.

• Understand the roles and responsibilities of different units within the bank and effectively interface with those units as required.

• Provide training and guidance to team members.

• Participate in projects or ad hoc initiatives.

• Create or update procedures.

• Develop and implement process improvement initiatives to ensure optimal operational efficiency.

Qualifications:

• Bachelor’s degree in business or finance.

• 2-4 years of derivative operations experience covering trade capture, settlements, investigation and resolution of breaks, and client servicing.

• Strong knowledge of derivative products, including FX Options, Credit Derivatives, Listed Futures & Options, and Interest Rate Derivatives.

• Highly attentive to detail.

• Self-motivated and can work independently or as part of a team.

• Able to effectively time manage and prioritize multiple responsibilities.

• Strong analytical and problem-solving skills.

• Excellent written and verbal communication skills.

• Proficient in Microsoft Excel and Word.

• Able to quickly adapt to change and work in a deadline-oriented environment.

The typical base pay range for this role is between $75K- $90k 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