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MUFG Associate, Money Market Trader in Toronto, Ontario

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 120,000 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.

Job Summary:

This position contributes to the objectives of the Asset-Liability Management (ALM) function, which involves managing MUFG Canada's balance sheet using sound liquidity, market and interest rate risk management practices.

Role and Responsibilities:

Balance Sheet Management:

Contributed to the management of MUFG Canada's balance sheet using sound liquidity, market and interest rate risk management practices so as to:

  • Ensure all obligations, actual and projected, are effectively met (including effective cash flow forecasting)

  • Ensure regulatory requirements are met

  • Ensure all risk limits are adhered to

  • Manage the Bank's funds transfer pricing structure, ensuring it reflects the Bank's cost of funds

  • Optimize the Bank's funding mix, balancing soundness and profitability

  • Achieve ALM annual revenue objectives

Data Management & Reporting:

  • Overseeing data management and quantitative processes, including overseeing the EUCC's for ALM.

  • Enhance effectiveness of ALM reporting

  • Improve efficiency by automating processes, either through programming of macros or through automated report production

  • Contribute to the efficient production of reports such as the ALM Committee package, monthly Treasury/Deposit reports, daily ALM End of Day report, etc.

Risk Management:

  • Work with Canada Risk to calibrate, monitor and report Early Warning Indicators (EWIs), Liquidity Risk Limits

  • Collaborate with Canada Risk on Liquidity Stress Testing and other requirements

  • Assess EWI and Liquidity Risk Limit breaches and their potential impact on liquidity

Trading:

  • Execute trades in the Money Market (interbank, interoffice funding & BDNs), Repo, and Cash Bond markets; and FX swaps via FX desk; within Canada Treasury's Position and Loss limit

Client and Counterparty Relationship Management:

  • Interact with clients (internal/external) and counterparties in order to provide timely, “best in class” service

  • Provide service to the Bank’s deposit customers, and support to GCIB, JCIB and TBA to assist in growing deposits

Technical Skills:

  • Advanced proficiency in MS Office including Excel and PowerPoint; proficiency with databases such as PowerBI

  • Strong programming skills

  • Strong communication skills

  • Strong analytical skills

  • Strong attention to detail

Experience & Abilities:

  • 5+ years' experience in financial services industry, preferably in a Treasury function within a Canadian bank (Schedule I, II, or III)

  • Ability to try new things and drive change

  • Ability to work collaboratively with stakeholders in Canada and US, and within MUFG globally

Education & Training:

  • Bachelor's Degree

  • Some education or training in finance, either through degree program or through other professional designations such as CSC, CFA, etc

The job description and related application pertains to an opportunity with either MUFG Bank, Ltd., Canada Branch (“MUFG Bank Canada”) or MUFG Securities (Canada), Ltd. (“MUFG Securities Canada”). The job description relates to the general nature, scope, quantity and quality of work contemplated for the position. Other duties and responsibilities not specifically described may be assigned from time to time, consistent with knowledge, skills and abilities of the incumbent. The receipt of an application by either MUFG Bank Canada or MUFG Securities Canada, as applicable, does not imply or guarantee employment.

Each of MUFG Bank Canada and MUFG Securities Canada is an equal opportunity employer.

• As a federally regulated entity, MUFG Bank Canada is required to comply with applicable laws which prohibit discrimination based on protected grounds and which require accommodation to individuals in accordance with the requirements outlined in the Canadian Human Rights Act and the Canada Labour Code. Where MUFG Bank Canada obtains information relating to protected grounds under the Canadian Human Rights Act as part of the application process, it does so to monitor and otherwise evaluate its own compliance with such legislation and associated regulatory requirements; MUFG Bank Canada does not use such information for decision making purposes relating to the position contemplated in this application.

• As a provincially regulated entity, MUFG Securities Canada is required to comply with applicable laws which prohibit discrimination based on protected grounds and which require accommodation to individuals in accordance with the requirements outlined in the Human Rights Code (Ontario) and the Employment Standards Act (Ontario). Where MUFG Securities Canada obtains information relating to protected grounds under the Human Rights Code (Ontario) as part of the application process, it does so to monitor and otherwise evaluate its own compliance with such legislation and associated regulatory requirements; MUFG Securities Canada does not use such information for decision making purposes relating to the position contemplated in this application.

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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