Associate/VP, Liquidity Management

Posted:
9/18/2024, 5:00:00 PM

Location(s):
New York, United States ⋅ New York, New York, United States

Experience Level(s):
Expert or higher

Field(s):
Finance & Banking

Workplace Type:
Remote

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.

The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.

Position Summary:

As one of the world’s leading financial groups with total assets of approximately $3.1 trillion (USD), MUFG (Mitsubishi UFJ Financial Group) offers services in corporate and investment, commercial, and consumer banking, as well as transaction banking, securities, wealth management, and more.

Our 13,000 colleagues in the Americas are committed to forging long-standing relationships that enable us to provide robust solutions to our clients doing business within our region and worldwide.

In the Americas, we serve our corporate and investment banking clients under the MUFG brand.

MUBK Treasury organization is responsible for managing funding, liquidity, balance sheet, and interest rate risk for MUFG’s U.S. operations.  The team partners across multiple lines of businesses, finance, risk and audit functions to develop funding strategies and liquidity management through normal and stress market environments.

Liquidity team within MUBK Treasury is seeking to hire a professional focusing on liquidity management.  This role provides a unique opportunity to work across multiple businesses and product categories and participate in liquidity risk matters including liquidity management, assumption development, forecasting and reporting. 

The incumbent will support enhancing the liquidity management across consolidated U.S. operations (CUSO), including understanding business funding requirements and product liquidity risk, play a key role in driving liquidity project, portfolio analysis, new product assessments, policy and procedure maintenance.

Responsibilities

  • Lead and participate in various liquidity initiatives including analyze and assess funding and liquidity risks within entity’s balance sheet, develop and maintain liquidity stress test assumptions, enhance cash flow forecasting, Contingency Funding Plan (CFP), intraday and collateral management processes
  • Contribute to new product liquidity assessments
  • Lead and participate in ad-hoc projects as needed by senior management or regulatory initiatives
  • Work independently and collaboratively to establish close partnerships with peers across LoB’s, finance, risk and audit
  • Creation of liquidity reports, including committee materials
  • Support applicable compliance and governance related matters as necessary including regulatory reviews related to liquidity
  • Support system enhancement projects and development efforts
  • Collaborate with Global and Local MUFG Americas entities to establish best practices and coordination

Qualifications

  • 3+ year relevant experience in the financial services industry with specific focus on Treasury, liquidity risk management, stress testing, liquidity reporting and/or asset liability management
  • Strong knowledge of the liquidity management, related regulatory requirements, financial markets and products
  • Strong interpersonal and communication (verbal and written) skills is a must. Ability to present information in a clear, concise and effective manner to a wide variety of audiences
  • Strong problem solving skills and comfortable in working with and interpreting large amounts of data
  • Must be versatile, able to work effectively independently or as part of a team on multiple projects simultaneously
  • Advanced excel skills are preferable
  • Ability to deliver practical solutions in a demanding high-pressure environment

The typical base pay range for this role is between $116K - $180K 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

We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.

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 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.