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MUFG Union Bank Liquidity Risk - Independent Review Function - Director in New York, New York

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. The selected colleague will work at an MUFG office an average of two to three days per week with the remainder worked remotely.

Job Description:

The Director-Liquidity Risk Management, reporting into the Head­­­ of Liquidity Risk Management, is a senior member of the Liquidity Risk Management team at MUFG Americas. The position will play an integral role in shaping a strong liquidity risk 2nd line of defense as required per the Enhanced Prudential Standards (EPS). This is a high visibility role within the organization and the successful candidate will be expected to closely partner with the Treasury, front line business leads, internal and global stakeholders including Americas Risk Management and Governance teams, Model Validation teams, and 3rd line of defense, to drive for results, affect change, and clearly communicate risk throughout the organization.

Main Responsibilities:

  • Lead the Independent Assessment pillar of the Independent Review Function.

  • Conduct independent assessment of liquidity risk management processes and capabilities as required by law, rules, and regulations, formulating issues and enhancement opportunities/ value-added recommendations from start to finish.

  • Deliver clear presentations to senior managers and risk committees to keep them abreast of the evolution of liquidity risk management practices and continuous improvements, and assessment of the bank’s liquidity risk management capabilities.

  • Provide subject matter expertise to enhance 2052a reporting to the industry standards.

  • Maintain contact with peers in the industry and with regulatory agencies as new regulatory guidance evolves to ensure the Branch is adequately prepared to meet new guidance.

  • Provide support, mentoring, and feedback to IRF team members.

Qualifications:

  • 10 plus years of Treasury and liquidity risk management experience. CLAR/CLR/HLR experience at a large financial institution is preferred.

  • Strong knowledge of financial products (FX, derivatives, commitments, deposits, etc.) and liquidity stress testing (both internal and Regulatory) is a must.

  • Working knowledge of EPS, ILST, 2052a, NSFR, FTP,

  • Excellent analytical skills; Ability to lead small business projects by effectively communicating with the stakeholders is a must.

  • Well versed in various aspects of risk management (risk appetite, governance, regulatory landscape) is very desirable.

  • Proficient in Microsoft Word, Excel, Visio and PowerPoint

  • Strong verbal and written communication skills.

  • Education: BA/BS degree in Finance. Masters is preferred. Professional certifications are a plus.

The typical base pay range for this role is between $190k-$230k 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.

The typical base pay range for this role is between $185,000.00 – $230,000.00 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.

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.

#LI-Hybrid

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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