MUFG Bank, Ltd | Analyst, Market Risk Analytics and Product Control

3 weeks ago


Singapore MUFG Bank, Ltd Full time

Analyst, Market Risk Analytics and Product Control (1 Year Contract)
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 responsibilities:
The contract role within the market risk management department (Market risk Analytics team) will be in charge of assisting and performing reporting of PnL and risk data generation and analysis, monitoring market risk activities undertaken by Global Markets (Trading) and Treasury (ALM) and participating UAT in various projects, e.g. Potential Future Exposure project, Benchmark/Libor Transition project. The scope of products spans interest rate derivatives (including Interest Rate Options) and FX derivatives (including FX Options).
Market Risk Analytics – 50%
Prepare daily, monthly and other periodic risk reports and provide PnL & risk analysis for the bank’s trading and treasury portfolio;
Provide analysis of risk exposures, VaR;
Provide market risk stress testing and analysis;
Provide daily VaR back-testing;
Provide market risk KRI monitoring;
Support to prepare Singapore ALM/MRM Committee material and provide market risk commentary;
Provide Volcker rule metrics reporting and analysis;
Monitor, investigate and report risk limit excesses;
Monitor Benchmark submissions (e.g. SORA) and report to Benchmark Oversight Committee;
Support Manager to liaise with regulators by providing necessary information/ analysis;
Support Manager to liaise with internal / external auditors to ensure good practices are adopted in the bank;
Participate in various projects e.g. Potential Future Exposure project, Libor transition project.
Product Control – 50%
Prepare daily, monthly and other periodic risk reports;
Monitor individual dealer’s position and P&L;
Monitor market risk greeks such as delta, PV01, gamma, vega and theta etc;
Monitor, investigate and report market risk limits and credit limits;
Reconcile the data among different systems;
Capturing market data and ensuring integrity and accuracy of the data before uploading into front systems for Asia and Oceania region;
Perform ad-hoc project UAT in order to improve the processes and operations;
Support regional branch in all product control related matters.
Job Requirements:
Bachelor’s degree in financial engineering, mathematics, statistics, quantitative finance, Data management, economics or in quantitative related fields
No prior experience required.
Candidates with relevant internship experience may also be considered.
Good knowledge of banking and derivatives products
Experience in using Python, Power Query, Excel with VBA skills
Good initiative and inter-personal skills, ability to work efficiently in a team and independently.
Good communication skills (both verbal & writing) with colleagues in Singapore and regional branch.
We regret to inform that only shortlisted applicants will be notified.
MUFG Bank Ltd & MUFG Securities Asia Limited (collectively referred to as “MUFG”) is an equal opportunity employer. We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organizational fit, regardless of race, religion or gender.
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