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MUFG Union Bank Senior Credit Risk Analysis, VP - Hybrid in Oakland, California

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 remote position. A member of our recruitment team will discuss location preferences with you in more detail.

Job Summary:

As a member of the Credit Stress Testing team, this role is involved in all aspects of model development, implementation, and maintenance, in a challenging but intellectually interesting and collegial environment. In support of the bank’s overall credit risk management, this person assists in the development and management of a wide-ranging inventory of models covering all aspects of credit loss analysis, including regulatory stress tests, CECL economic capital, and more. Positions exist as well with responsibilities more broadly focused project and governance management.

Major Responsibilities:

Risk measurement, analysis, and methodology design including

  • Day-to-day execution of stress testing projects, which requires calculation of key risk parameters, utilizing data processing techniques, employing statistical methodology, as well as, documentation, back-testing and validation.

  • Developing, documenting, implementing or otherwise enhancing models for credit loss.

  • Playing a key role in advancing the Machine Learning initiatives including data collection and preparation, feature engineering, parameter tuning, and exploring academia for new approaches.

  • Working closely with business line and risk managers to assess and manage firm wide risk management

  • Working with model governance teams to develop methods and metrics for ensuring all models continue to perform as expected and within ranges agreed to by internal model audit and model management committees

Research, and ad hoc analysis:

  • Expected to stay informed of research trends and market best practices, share information with the teams and management

  • Take a lead in the evaluation, development and deployment of systematic methodology improvements

  • Validating methodologies of vendor purchased models and tools and related infrastructure to inform modeling strategy

  • Day-to-day management and execution of risk related projects, including ad-hoc data manipulation and analysis, working closely with the other members of the team. Identify potential problems and improve the process.

  • Enhance bank's risk analytics, modeling and reporting with strong analytical abilities and risk methodology.


  • At least three years professional experience within finance

  • Graduate degree in a quantitative discipline MSc, MMF or PhD preferred (Statistics, Finance, Economics, Econometrics, Mathematics, etc.)

  • Strong skills in statistical methods and machine learning methods.

  • Working knowledge of R, Python, SQL, SAS, or other programming languages

  • Working knowledge of Excel, Word and PowerPoint

  • Knowledge of credit risk modeling and bank credit loss forecasting modeling preferred

  • Ability to work in a dynamic environment under pressure, and undertake, execute and deliver on-time multiple concurrent projects

  • Well-developed relationship management skills

  • Excellent written and verbal communication skills


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.

Some MUFG roles require that individuals be fully vaccinated against COVID-19, subject to exemptions for medical or religious reasons, as well as any other reason required by applicable law or order. Should you be selected for an interview, your recruiter will provide additional information.