Job Information
MUFG Vice President, Treasury & Resolution Planning in Tempe, Arizona
Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we’re 160,000 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 or client sites up to four days per week and work remotely the remaining day(s). A member of our Talent Acquisition team will provide more details.
The Treasury team is responsible for: funding and liquidity risk management, asset liability management, interest rate risk measurement /modeling / management/ hedging, capital management and resolution planning. The Vice President in Treasury will partner extensively with Finance, Legal and Business colleagues and support strategic balance sheet management efforts and initiatives, and will actively support and facilitate business unit initiatives, strategies, new products, etc.
Strategic balance sheet management: support the Treasurer and CFO in making strategic balance sheet decisions.
Balance sheet optimization strategies. highly active and visible role in strategic planning, taking into consideration regulatory limits/thresholds and business changes.
Capital management: strategy formulation, forecasting, and implementation of select capital management strategies (securities issuance and repurchases and acquisitions implementation)
Accounting: collaboration on treasury-related accounting policy design and implementation, and on analysis of impact of policy changes on treasury activities.
CUSO Resolution Planning
Managing implementation and closure of gaps (self-identified audit issues) prior to FBO Resolution Plan submission in 2024 by ensuring US Resolution capabilities are implemented by the business and support functions in line with industry practice and regulatory requirements.
Leading the development and production of Resolution Plan submissions on a triennial basis and related requirements, including annual workflow to smooth workload when plans are submitted.
Delivering presentations to regulators, Boards, senior management and SteerCo, while providing input into strategic directives and recommendations to senior executives.
Understanding regulatory requirements in conjunction with legal and any proposed changes as well as advocacy with industry groups and via government relations.
Develop means to furthering resolution considerations into BAU activities.
Support other Treasury and CUSO efforts when full-time resources are not required for Resolution Planning.
Funding and liquidity management
Ongoing management and review of the funding of MUAH and its subsidiairies, including developing, optimizing and maintaining intercompany funding strategy of MUAH and its subsidiaires (including MUSA).
Liaise with other key stakeholders in funding and optimization from a capital, tax, regulatory and other relevant considerations perspective.
Acts as the market risk manager for interest rate and liquidity risk
The risk management process includes identification and measurement of risks, communication of risks to decision makers. Implementation of risk management strategies (hedges), and evaluation of risk management performance.
Responsible for the operating management of interest rate and liquidity risk. Provide analysis of the treasury-related risks of the total company balance sheet, including interest rate risk, liquidity risk, and other market related risks.
Reporting – Address requests from JFSA/ home office, ad hoc reporting, and establish reporting packages for funding and Interest Rate Risk.
Funding Plan – Develop and execute MUAH plan.
This is a hybrid position . The selected colleague will work at an MUFG office or client sites up to four days per week and work remotely the remaining day(s). A member of our Talent Acquisition team will provide more details.
We're searching for a Corporate Treasury Manager to oversee the development of balance sheet construction and stress testing methodology. You will be a key member of a small team tasked with developing multidisciplinary corporate treasury functions for the holding company and Resolution Planning for U.S. entities.
Reporting to the MUAH Treasurer with secondary or dotted line reporting to the head of Resolution Planning, the Vice President role will support critical functions of the MUAH Treasury, Wholesale Capital and Resolution Planning team. Primary responsibilities include entity forecasting, intercompany funding, interest rate risk, home office reporting and liquidity stress for the holding company. On a secondary basis, the VP will directly support the head of Resolution Planning with CUSO responsibilities, including plan development, narrative drafting, financial analysis, gap assessments, leading development of enhancement projects, and implementing a testing & assessment program. For this newly created VP role, a successful candidate will be an effective communicator and maintain impeccable organizational skills.
Primary Responsibilities for MUAH Treasury:
Financial forecasting, including cash flow, balance sheet and P&L
Liquidity stress assumptions and metrics
Optimizing cash and investment opportunities for a multi-billion dollar portfolio
Managing intercompany funding
Interest Rate Risk monthly data review and reconciliation
Home Office reporting, including ad hoc requests
Holdco payment approvals
Political Action Committee Treasury support
Secondary responsibilities for CUSO Resolution Planning:
Responsible for driving and executing development and processes required to fulfill the regulatory requirements for the Resolution plan. This includes all processes that occur throughout year
Resolution Plan documentation:
Consolidate different components of the Plan including elements provided from multiple functions to ensure a cohesive document
Provide status updates and substantive reviews of the Resolution Plan materials to Senior Management
Coordinate with SMEs and section drafters/reviewers regarding content, timeline, and financial analysis
Lead review & challenge for components of the submission, output and key assumptions
Facilitate development of resolution scenario to meet regulatory and internal requirements
Work alongside Legal, Risk and Treasury professionals on resolution strategy and financial analysis
Facilitate integration of Resolution Planning requirements into business as usual activities across the organization
Support development and implementation of comprehensive testing & assessment program, and leadi assessment
Ensure organizational compliance with 165(d) Resolution Planning requirements
Help execute resource and staffing model
Monitor developments in regulatory guidelines, assess requirements, and implement compliant solutions
8.Communications:
Frequent liaison and communications with key senior managers, executive management and Board
Develop, prepare and present materials conveying critical updates and issues for remediation
Coordinate questions/issues from regulators with regards to resolution planning efforts, coordinating with the Regulatory Affairs Office
EDUCATION/CERTIFICATIONS
Bachelors degree
Advanced degree helpful, but not required
TECHNICAL ATTRIBUTES
WORD/EXCEL/POWERPOINT/SHAREPOINT skills
Direct knowledge of treasury functions within a corporate bank
Advanced Excel, including VBA development
EXPERIENCE
Minimum of 5+ years of experience in Finance and Risk Management roles with emphasis in treasury, financial analysis, and project management
Proven ability to multi-task, lead cross-functional project teams and influence others
Strong communication skills
Strong data management skills
Strong interpersonal skills to work effectively with different areas and levels within the company
Experience within bank treasury, resolution planning or capital management functions is a plus
Knowledge of banking products & services
Ability to effectively and accurately manage large volumes of complex tasks
Knowledge and experience with bank regulation, including Dodd-Frank
Technical writing, including drafting of procedures and policies, and narratives for regulatory submissions
The typical base pay range for this role is between $120K - $150K 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. For more information on our Total Rewards package, please click the link below.
MUFG Benefits Summary (https://careers.mufgamericas.com/sites/default/files/document/2023-01/mb-live-well-work-well.pdf)
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