MUFG Union Bank Associate, Liquidity Management Desk and Deposit Sales in London, United Kingdom
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Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.
OVERVIEW OF THE DEPARTMENT/SECTION
Role and responsibilities of Treasury Department are;
Control liquidity risk: Control liquidity risk effectively in EMEA region and collaborate with regional offices to build robust framework for liquidity management
Control interest risk: Control interest risk effectively and properly in EMEA region
Customer support: Support customer-orientated business growth by providing an internal market in liquidity with competitive transfer pricing
Regulatory responsibilities: Ensure fair and prudent benchmark rates setting
Projects Management: contribute and manage projects to enhance treasury’s operation and capabilities in both EMEA regional and on global basis.
NUMBER OF DIRECT REPORTS
MAIN PURPOSE OF THE ROLE
Liquidity management and money market dealing in wholesale markets. Deposit business promotion to customers with emphasis on EMEA money market funds, asset managers, FIs and public entities. Enhance funding capability and contribute to global funding of MUFG Bank group Support corporate customer business promotion in EMEA Customer money market business execution, associated administration and report preparation. Deal administration and report preparation.
Execute money market and deposit dealing under controlled supervision
Complete deal administration and report preparation
Enhance funding capability and contribute to global funding of MUFG group
Promote interbank and corporate deposit direct dealing and support Line of Business in EMEA
Communicate with offices in EMEA and support them to promote treasury business in an efficient manner
Liaise with Tokyo head office, each regional office in EMEA and other stakeholders to achieve efficient balance sheet management
Establish high level compliance standard within Treasury Department to fully satisfy both internal standards and regulators' requirements
As a functionally dual-hatted employee, develop treasury business on an entity-agnostic basis (For this responsibility reporting is to the same person as in the hiring entity who is also dual-hatted). The booking of transaction in MUFG Securities EMEA plc (MUSE) / dealing on account of MUSE are both excluded from your roles and responsibilities.
- Executing or supporting money market business and liquidity management
- Global market related experience desirable but appropriate training will be provided
SKILLS AND EXPERIENCE
Functional / Technical Competencies:
Fluent English language
Strong numerical skills
Microsoft Office, particularly Excel
High level communication skills and strong relationship management skill able to interact at regional and global level
- Technical competencies (Python, SQL etc) in order to support automation, MI enhancements and desk efficiencies.
Education / Qualifications:
- 7 GCSEs (or equivalent) including Maths & English
- A-Level standard or equivalent
Excellent communication skills
Results driven, with a strong sense of accountability
A proactive, motivated approach.
The ability to operate with urgency and prioritise work accordingly
Excellent attention to detail and accuracy
PERFORMANCE AND DUTIES
The role holder will be assessed in accordance with their employing entity’s performance framework and process with relevant input obtained from the dual hatting entity as relevant.
As duties and responsibilities change, the job description will be reviewed and amended in consultation with the role holder. The role holder will carry out other duties as are within the scope, spirit and purpose of the role as requested by their line manager or Department Head.
MANAGING CONFLICTS OF INTEREST
The role holder will have responsibilities for both MUFG Bank and MUFG Securities EMEA plc.
The role holder will be required to perform their duties and responsibilities on an entity neutral basis, without favour.
The role holder is required to follow regulatory requirements applicable to ensure each business is appropriately supported and to maintain the legal entity integrity of each of MUFG Bank and MUS.
Working terms are dictated by functional mandates, the terms of the Dual-Hat Arrangement Agreement in place between MUFG Bank and MUFG Securities EMEA plc and any other relevant agreements entered into between MUFG Bank and MUFG Securities EMEA plc.
The role holder will have responsibility for identifying and resolving where there may be a difference or conflict in needs between MUFG Bank and MUFG Securities EMEA plc, escalating to their manager where required.
We are open to considering flexible working requests in line with organisational requirements.
MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.
We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.