Jobs NYC

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 Overview:

MUFG's expertise as a foreign exchange (FX) provider covers all major currencies and markets with a real focus on Asian currencies. We offer comprehensive trading services, as well as bespoke Foreign Exchange risk management solutions for a wide variety of situations. We focus on building high-quality, long-term relationships with our clients, who benefit from our excellent credit rating and liquidity position. This is underpinned by MUFG's global network that covers 50 countries. We enjoy market dominance in Asian currency trading. By joining the FX trading desk, you will be joining a dynamic team which is expected to see strong revenue growth through the next medium term business plan. You will be working closely with MUFG’s sales representatives to provide often bespoke trading solutions, to corporate, institutional, central bank, and government clients.

Primary Responsibilities:

• Contribute to strengthen customer-oriented global markets business worldwide, focusing on Asian emerging FX & IR business.

• Managing Portfolio on FX & IR Risk focusing on Asian Emerging Market Currencies

• Partnership with Sales team to develop EM Asia Franchise

• Work in tandem with Global Trading Team to manage and monetize global portfolio risk.

• Enhance risk management and profitability as active risk-taking trading by cross product hedging

• Supervise, motivate and develop staff members of Emerging and FX Trading

• Responsible for all trade lifecycle events

• Innovate, develop and enhance trading tools contributing to system platform upgrades.

Produce own Trading research and work along with Sales team to leverage it.

Work Experience:

Essential:

• Senior experience with Emerging Market FX and IR Risk Manager in Asian Currencies

• Track record of generating trading revenues from market making and strategic activities

Preferred:

• Relevant Experience in EM Rates trading

• Experience in Cross assets Trading and position management

• Track record of setting up Sales and Trading franchise on any FX & IR product

• Experience in trading both onshore and offshore Asian markets.

• Exposure to EM Institutional investors.

Skills and experience:

Functional / Technical Competencies:

Essential

• Deep knowledge and expertise in Asian emerging FX market

• Strong macro-economic and technical analysis skills

• Passion for trading, particularly in FX and Emerging markets space.

• Experience in VBA / Excel pricing sheets.

• The ability to articulate and implement the vision/strategy

Preferred:

• Extensive regulatory knowledge (Dodd-Frank, Volcker, SEFs, et al)

• Solid operational skills with strong attention to details and high operational accuracy

• Demonstrated ability to create own pricers for EM FX forward curves using money market instruments.

• Model and scenario analysis.

Education / Qualifications:

Essential

• Bachelor’s degree and equivalent industry experience required

Preferred:

Advanced degree in finance or scientific field

Personal Requirements:

• Leadership

• Growth mindset

• Results driven, with a strong sense of accountability

• A proactive, motivated approach.

• The ability to operate with urgency and prioritize work accordingly

• Strong decision making skills, the ability to demonstrate sound judgement

• A structured and logical approach to work

• Strong problem solving skills

• A creative and innovative approach to work

• The ability to manage large workloads and tight deadlines

• Excellent attention to detail and accuracy

• A calm approach, with the ability to perform well in a pressured environment

The typical base pay range for this role is between $215K - $300K 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)

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.

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