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MUFG Union Bank Market Data Operations Analyst, Assistant Vice President - Hybrid in Jersey City, New Jersey

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world. Across the globe, we’re 180,000 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. There are flexible work from home options available. A member of our recruitment team will discuss the options with you in more detail.

Job Summary:

The Market Data Operations Analyst provides multi-functional support for the Product Control Department supporting the Market Data team. Products supported include but not limited to Bonds/Treasuries, FX Spot/Forward, FRAs, Caps/Floors, Interest Rate Swaps and Swaptions as well as derivatives thereof such as non-vanilla swaps; muni-swaps, basis swaps, Credit default Swaps, and Credit indices.

Major Responsibilities:

Market Data

  • Daily operations of review and analysis of market data for Daily P/L reporting.

  • Daily “snap” operation involving retrieval of market data rates for all securities trades by the bank for flow to PL revaluation systems and General Ledger at 3pm through Bloomberg.

  • First and second level review/analysis of market data for accuracy and validity of rates.

  • Preparing daily and month end market commentary to explain market rate movements

Market Data Maintenance

  • Managing all modifications of market data for the bank.

  • Manage requests from Trading Desks/Projects Team/etc. to modify, add, remove market data points.

  • Work with the Independent Valuations Team to identify proper tickers as requested by trading desks.

  • Manage costs of modification of new market data points working with requesting team to be correctly billed.

Monitor End-of-Day Processing

  • Responsible for monitoring of market data across multiple front and back office systems.

  • Daily monitoring of pricing systems and performing operations required for accurate and timely end-of-day system batch processing.

  • Ensure that file transfers and system jobs are performed in a timely manner.

  • Understand internal infrastructure to monitor and coordinate timely execution of recovery processes to ensure end-of-day batch is accurate and complete.

  • Attend weekly meetings geared toward resolution of ongoing issues.

Customer Support (Internal)

  • Respond to audit, front office, and comptrollers’ queries in a timely manner.

  • Maintain liaison with the Front Desk, Back Office, Comptrollers, Auditors, Head Office and IT support on issues related to market data as assigned.

  • Ensure compliance with all relevant policies and procedures.

  • Perform other departmental tasks as assigned.

Business Analysis for Unit Projects

  • Create and maintain all documentation and communication materials including process flows and procedures to keep business units informed of progress and status. Ensure deliverables and met on a timely basis. Coordinate, monitor and report on the department’s system projects and ensure coordination and cooperation departments.

  • Identification of business requirements and impacted workflows.

  • Full participation during SIT/UAT testing, and implementation of new products, system enhancements/upgrades.

  • Define and document new workflows in existing processes and procedures.

  • Identify new reporting requirements for Market Data team.

  • Provide Status updates to management as required.

Qualifications:

  • Bachelor’s Degree in finance or related coursework.

  • 3+ years of Market Data operations and product control related experience.

  • Understanding of financial products and pricing and accounting fundamentals.

  • Strong technical skills required as described above including MS Excel at the intermediate level.

  • Knowledge of Bloomberg required.

  • VBA a plus.

  • Ability to multi-task and meet tight deadlines required.

  • Keen eagerness to liaise with senior stakeholders across finance, front office, operations, and IT.

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.

We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.

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