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Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. 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.

OVERVIEW OF THE DEPARTMENT/SECTION

The International Securities Financing team are focused on Equity Financing, REPO/SBL and Index financing Solutions.

NUMBER OF DIRECT REPORTS

None

MAIN PURPOSE OF THE ROLE 

• Trading role with a main focus supporting the primary trader in Equity Financing
• Daily pricing and execution of trades versus SBL/REPO including Triparty agents.
• Maximizing use of resources including key liquidity metrics NSFR, LCR, leverage and balance sheet. 
• Working closely with the Equities Derivatives team for their sourcing and funding needs
• Underlying coverage including European, North American and Japanese securities
• Support the team in sales and on-boarding process, strong interbank, agent lender and buy side relationships
• Good cultural fit essential as working in a small trading team with a broad mandate trading a global book so candidate needs to be proactive, resilient, collegiate and good at engaging with all key stakeholders around the bank such as Management, OPS, Risk, and Finance
• Technically proficient with a good understanding of the technical aspects of Securities Lending (including repo), balance sheet management, collateral management including pertinent regulatory, operational and tax considerations

KEY RESPONSIBILITIES

• Trading equity borrow/loan, equity REPO and collateral trading.
• Generating collateral or utilizing firm collateral via REPO/SBL/TRS in multiple currencies
• Build and maintain client trading relationships
• Support and collaborate on Equity financing strategies with Equity Derivatives
• Efficient risk management of all lifecycle events in TRS and SBL
• Oversee operational elements of the book, liaising closely with middle and back office to resolve any issues and implement process and platform enhancements
• Liaise closely with support functions (Compliance/Finance/Risk) on position reporting and analysis

WORK EXPERIENCE

Essential:

• 4yr+ experience trading SBL/Triparty and resource management core expertise in Equity Financing
• Working knowledge of TRS and resource management (Capital, Balance Sheet, Unsecured Funding)
• Current working knowledge of latest industry initiatives impacting equity derivatives and SBL (e.g. MIFID II, IBOR decommissioning, CSDR)

Preferred:

• Trading experience in Equity TRS or TRF and listed/OTC Futures.

SKILLS AND EXPERIENCE

Functional / Technical Competencies:

Essential

• Proficiency in all aspects of trading SBL and Collateral Swaps from execution though all lifecycle events
• Direct exposure to Agent Lenders, Broker/Dealer and Real Money accounts
• Entrepreneurial problem-solving mindset, able to self-generate flows
• Technical proficiency in use of trading platforms e.g. Bbg/Apex

Preferred

• Proficiency in equity financing strategies
• Proficiency in all aspect of TRS pricing, executing and life cycle events
• Proficiency in other listed or OTC derivative financing strategies
• Working knowledge of regulatory metrics including LCR, NSFR etc.

Education / Qualifications:

Essential

• Regulatory (FCA) Certification
• Further professional qualifications (Masters/CFA/CQF) an advantage

PERSONAL REQUIREMENTS

• Excellent interpersonal and communication skills, collegiate attitude
• Self-motivated and entrepreneurial outlook
• Strong decision making skills with a structured and logical approach to work
• The ability to operate with urgency, manage large workloads, tight deadlines, and prioritise accordingly
• Strong numerical and problem solving skills
• Excellent attention to detail and accuracy, results driven with a strong sense of accountability
• Excellent Microsoft Office skills

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.