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MUFG Union Bank Risk Reporting Analyst in London, United Kingdom

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.

Overview of the Department/Section:

The Information and Data Management (IDM) department is responsible for data management and MI production across all international subsidiaries of MUSHD and EMEA region for MUFG Bank. The mandate for the department is to:

• Develop a business led, technology enabled data strategy and roadmap for delivery of data management target state

• Develop a data governance framework and establish data related policies and procedures to improve the value of data as an enterprise asset

• Source, validate and maintain master data repositories of market and reference data

• Agree data quality standards with business owners and track metrics and continuously improve data processes

• Investigate and analyse data issues, identify the root cause and recommend control improvements

• Develop and support an MI platform optimised for the aggregation of data and the reporting of processed and analysed information

• Deliver accurate, timely and insightful MI to the international business to support executive decision making and to meet statutory and regulatory reporting requirements.

The team operates internationally with staff currently based in London, New York and Hong Kong.

Please visit our website for more information - mufgemea.com.

Main Purpose of the Role:

We have an exciting opportunity for an experienced Risk Reporting analyst within our IDM team in London.

The successful candidate will play a hands-on role in the daily production of Market and Risk reporting and analysis, ensuring that data and reporting is delivered to front office, risk managers, compliance and senior management on time and to expected standards.

They will be expected to develop a solid understanding of the end-to-end market risk management process including key processes and controls and will work closely with the market risk management team to validate reported outputs. This presents an opportunity to develop an appreciation of the mechanics and risks of a range of financial products and trading strategies and how those impact reported measures. The role requires interfacing with stakeholders of all seniority levels across the bank.

The role's key objective will be to:

  • Production of market risk reports including market risk measures such as VaR and Sensitivity.

  • Ensure that data and reporting is delivered to Front Office, Risk Managers, Compliance, Senior Management and Head Office in a timely manner to expected standards.

  • Drive enhancements of the teams reporting capabilities through the continued use of strategic Business Intelligence tools.

  • Manage stakeholder relationship across the business to ensure expectations are met and managed.

  • Contribute to embedding a strong culture of data governance principles within the organisation.

Key Responsibilities:

  • Delivery of accurate, timely and insightful MI to the international business to support executive decision making.

  • Contribute to enhancement of production processes, through working with Technology and IDM Development team to reduce/improve manual reporting processes and optimise existing controls and reports using, wherever possible, strategic systems and data sources.

  • Escalate and report control and limit breaches in line with Risk Management procedures.

  • Delivery of timely and relevant metrics to track performance against key SLAs and other KPIs as specified by stakeholders and business process owners.

  • Development of strong working relationships with stakeholders across the International and regional business

  • Assess data related risks and drive the enhancement and effective operation of key controls across departmental processes.

  • Active contribution to business analysis, user acceptance testing and implementation of strategic system implementations and other firm-wide projects relating to data and reporting processes.

Skills and Experience:

  • Minimum 2.1 Bachelors degree in a quantitative subject. e.g. Finance/Mathematics/Physics/Economics

  • Minimum of two year’s financial services experience

  • Familiarity with VaR, Sensitivities and other Market Risk measures, including the Greeks

  • Understanding of financial products and derivatives, including Rates, Credit, and Equities

  • Proficient with Excel

  • Experience with data and reporting solutions such as OLAP cubes, PowerBI and Business Objects desirable

Personal Requirements:

  • Excellent communication and interpersonal skills

  • Pro-active, motivated with the ability to operate with urgency while prioritising work accordingly

  • Strong analytical/numerical skills

  • The ability to manage large workloads and tight deadlines

  • Excellent attention to detail and accuracy

  • A calm approach, with the ability to perform well in a pressurised environment

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.

At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!

Our Culture Principles

  • Client Centric

  • People Focused

  • Listen Up. Speak Up.

  • Innovate & Simplify

  • Own & Execute

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