Market Risk Manager - Interest Rate Derivatives & FX Trading, AVP

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Mitsubishi UFJ Securities International (MUS) is the US hub of MUFG 's securities business. Located in New York we have just over 300 employees and are active throughout the international capital markets, focusing on debt, equity, derivatives and structured products. Due to the diverse nature of our business we require a clear unifying vision for all of our people. It is this vision and our corporate values that reflect who we are and guide how we behave. We therefore strive to recruit individuals who share our vision and values, and who have the motivation and commitment to help us move our business forward.

Job Summary:

Market Risk Management (MRM) is responsible for setting market risk limits reflective of management risk appetite for trading Desks (including VAR, Stop Loss, Stress and sensitivity limits) and monitoring usage relative to these limits (including suggesting remedial action).

MRM is required to have a detailed understanding of the risk profile and drivers through various analytical tools and interaction with Front Office. MRM also needs to assess new product and business, identifying additional risks and ensuring the risk profile is correctly represented.

Major Responsibilities:

MUFG market risk team is looking for an experienced market risk manager to mainly cover interest rate derivative and FX trading desks, and support credit trading as well:

• Monitor and signoff on daily risk metrics.
• Analyze and assess the impact of the trading positions both at a micro and macro level.
• Work closely with Front Office to fully understand and highlight inherent market risks and define practical solutions
• Ensure adequate limits (VAR, sensitivities, stress) and risk framework are in place aligning with the firm 's overall risk appetite and desk mandates
• Work closely with the Front Office and support departments to adopt new business and new products
• Prepare market risk commentary and updates for weekly meetings and monthly Management Committee meetings such as the Executive Committee and Board Risk Committee
• Proactively contribute to wider risk issues and initiatives
• Contribute to firm wide projects such as Ibor, FRTB.

Qualifications:

The right candidate will have:

• 3-5 years ' experience in market risk or relevant function with deep understanding of risk metrics (VaR, stress, greeks)
• Strong production knowledge of interest rate derivatives with deep understanding of pricing and risk.
• Experience with securitized products is a plus
• Strong quantitative and analytical skills, proficient withExcel and VBA
• Strong academics and relevant professional qualifications/accreditations, FRM/CFA charter holder desirable but not essential
• A pro-active, motivated approach
• Excellent communication skills
• The ability to operate with urgency and prioritize work accordingly
• A structured and logical approach to work
• Strong problem-solving skills
• Excellent attention to detail and accuracy

The typical base pay range for this role is between $115K - $135K 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.

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.

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