Associate, Credit Portfolio Analytics at MUFG

Amsterdam, North Holland, Netherlands -

Full Time

Start Date

Immediate

Expiry Date

28 Jun, 26

Salary

0.0

Posted On

30 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Credit Risk Management, Portfolio Analytics, Risk Modeling, Forecasting, Reporting, Stress Testing, ICAAP/SREP, Risk Appetite Setting, Data Manipulation, SharePoint, PowerBI, EBA Guidelines, Analytical Skills, VBA, Python, Communication

Industry

Financial Services

Description

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 150,000 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. Would you like to work for one of the World's largest banks in an exciting, dynamic and international environment? We are currently recruiting for an Associate, Credit Portfolio Analytics within our Credit Strategy Group in Amsterdam. MUFG Bank Europe N.V. (MBE) is a fully-owned subsidiary of Mitsubishi UFJ Financial Group (MUFG), one of the largest ranked Financial Groups in the world in terms of assets. A world-class set of businesses and more than 180,000 employees in 50 markets. MUFG offers stability in an ever-changing market, providing services to high-profile clients worldwide. For more than 50 years MBE offers corporate and investment banking services to both Japanese and non-Japanese corporate customers in The Netherlands and, through its branches. The goal is to be among the top performing foreign-owned banks operating in The Netherlands, providing value-added banking services and excellent operations, fulfilling both Japanese and Global Multinational Corporate customers' needs. At MBE we are committed to contributing to a more sustainable future. Thus, we will encourage you to embed environmental, social & governance (ESG) factors in your everyday work and in our culture. The MBE subsidiary based in The Netherlands is a network of branches (Germany Branch (Dusseldorf, Hamburg, Frankfurt, Munich), Spain Branch (Madrid, Barcelona), Belgium Branch (Brussels), Austria Branch (Vienna)), managed from Amsterdam. Our vision? To become the world’s most trusted financial group. You’ll help us achieve it. Your Impact at MUFG You will help advance leading risk management practices from within the Credit Strategies Group (CSG) team. The role is responsible for the following: a: help advance leading risk management practices from within the Credit Strategies Group (CSG) and broader Global Portfolio Analytics team. b: run and enhance the credit portfolio production processes. c: Maintain and enhance quantitative model processes that forecast credit risk and generate mission-critical reports for senior management and the Head Office. d: Present portfolio analytics results to management via specialty reports and in-person meetings. Function positioning Credit Strategies Group (CSG) department is responsible for the 2nd LoD oversight over credit risk control framework and risk profile of the bank. That includes risk governance and risk appetite, stress testing, periodic (qualitative and quantitative) risk assessments and capital adequacy assessment. CSG is a key stakeholder in assessing new business cases and advising the Management Board. CSG department acts as a local model owner for all credit risk models used within MBE. MBE is growing product offering and client segments to service MUFG clients in EU market, as well as harmonizing way of working and enhancing integrated risk culture across EMEA. MBE risk management is working closely with EMEA risk management to support this direction. In this role, the Credit Risk Manager will interact with internal and external stakeholders to ensure credit risk is well understood and controlled locally, as well as that EU regulatory requirements are properly embedded in the regional risk control framework. In addition, building rapport with business and risk colleagues across the region is key to understand the impact of (new) business and products on bank’s risk profile and risk appetite. Credit Strategies Group (CSG) Department is part of the Credit Risk division and organizationally reports to the Head of Credit Risk, who in turn reports to the Chief Risk Officer. This role reports to the Head of Credit Strategies Group Department. Job purpose This role supports department Head in broader credit risk management agenda, cooperates closely with other team members, and has interactions with professionals across divisions within MBE and MUFG Group. Production: Maintain and enhance CSG's Credit Risk production and reporting capabilities, supporting: (i) ICAAP/SREP process, (ii) risk appetite setting and monitoring, and (iii) credit portfolio and risk-return analyses Process management: Assist in maintaining risk management infrastructure and processes, including: (i) EUCC/model processes, (ii) Production code, (iii) Documentation, and (iv) Data inventories. Reporting: Maintain and improve periodic risk reports/presentations on the following: (i) Key risk levels, (ii) Trends, (iii) Strategies, and (iv) Potential issues. Innovation: Develop solutions to analytical, implementation, and/or execution problems. Consultation and others Assisting in preparation for internal and/or external consultation platforms (either on an ad hoc or permanent basis) regarding Credit Risk Management: RMC (Risk Management Committee) Stress Testing Oversight Group Provisioning Oversight Group Credit Portfolio meetings with business EMEA credit risk committees/forums Cooperation with Business (Global and Japanese Corporate Banking), Credit Office, Credit Management Division and Finance. Interaction with counterparts in London and Tokyo Head Office. Skills and Experience Required Hold a Bachelor’s or Master’s Degree in Finance, Business, or a related field. Preferably completed CFA, FRM or PRM or engaged in the process; 2+ years of work experience in risk management, finance or advisory roles Working knowledge of credit risk concepts and measurements; Working knowledge of Sharepoint and PowerBI Basic understanding of relevant EBA guidelines and regulation in EU; Analytical skills and ability to provide effective challenge to organization; Good data manipulation skills; Fluent language skills in English both written and verbal. . Preferred Experience of credit risk models and their usage (IFRS9, stress testing, Economic Capital) Experience of working in an international organization; Basic knowledge of VBA or other programming language (eg. Python) Soft Skills Proven analytical skills and high attention to detail; Excellent communication and presentation skills, with ability to explain a complex topic in a structured and clear manner; Team player with ability to collaborate in cross-division teams and display organizational sensitivity; Proactive self-starter, able to handle a significant and diverse workload; Results driven, with a strong sense of accountability; Think independently and critically to create own views; Calm, structured and logical approach to work, pragmatic; High attention to detail while also maintaining a broad perspective; Ability to work in multicultural environment, respecting diversity. What do we have to offer: We offer you a role in one of the largest banks of the world in a growing and international environment. You have various opportunities to develop yourself and we will support you with that by offering various training and development possibilities. We take into account your home situation and your ambitions and help you to balance work and private life. Monthly team events. To work in an ambitious, international environment with colleagues from different countries and cultures, who strive for the best. Besides that we will offer you: Gross salary based on experience and consistent with the market 8% holiday allowance and 13th month payment. 30 vacation days per year. Optional you can buy 15 additional days. Commuting allowance based on annual public transport 2nd class, most economical way, or € 0,21 per km with a max of 75km one way. €5,00 net remote working compensation per day, with a maximum of €60,00 per month. Possibility to order a mobile phone (up to €800,-) Possibility to order Office Equipment’s for the home office, (up to €500,-) Remote Working Policy i.e. Working From Home (WFH) and Remote Working in another Country. Bicycle plan (fiscal benefit) Company fitness (fiscal benefit) Mental health workshops and budget for external courses (i.e. Dutch language classes). Employee contribution towards Pension insurance (max 5%, currently 2%), our pension scheme is based on a defined contribution scheme. Training & development possibilities paid by the bank Additional information: Acquisition in response to this vacancy is not appreciated. The role is based in the Netherlands. All candidates need to be willing to relocate to the Netherlands. Internal employees will be supported in case of relocation. 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. 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

Responsibilities

The role is responsible for advancing leading risk management practices within the Credit Strategies Group, running and enhancing credit portfolio production processes, and maintaining quantitative model processes for credit risk forecasting and reporting. This includes presenting portfolio analytics results to management through reports and meetings.