Vice President, Market Risk Manager at MUFG

Amsterdam, North Holland, Netherlands -

Full Time

Start Date

Immediate

Expiry Date

08 Jul, 26

Salary

0.0

Posted On

09 Apr, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Market risk management, IRRBB, Stress testing, Python, SQL, Risk management frameworks, Corporate banking, Broker/dealer products, Underwriting, Analytical skills, Problem solving, Communication skills, Presentation skills, Stakeholder management, Regulatory reporting

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 a Market Risk Manager for the Market Risk Management team in our office 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 commercial banking services to both Japanese and non-Japanese corporate customers in The Netherlands and, through its branches, in Central and East Europe. 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 non-Japanese customers' needs. Our vision? To become the world’s most trusted financial group. You’ll help us achieve it. Function positioning The Market Risk Management (MRM) team comprises market and liquidity risk management. The Market Risk Manager will look after Market Risk in the Banking Book, with a focus on IRRBB (including CSRBB), Structural FX Risk and Underwriting. The function will be involved in market risk stress testing, reporting to relevant committees and recommend appropriate action to the senior management. Currently the MRM team consists of 4 members, and reports to CRO. This role will report to the Head of MRM, who acts as a team lead. The VP will have regular interaction with senior professionals within MBE and MUFG Group. The role includes the following: Monitor all Market Risk in the Banking Book; Run the monthly and quarterly IRRBB stress tests; Interpreting and implementing European regulation for Market Risk; Enhancing the Market Risk management framework to match structural changes and business developments within MBE; Assessment of business plans, funding plans and new products, namely their impact on Market Risk; Communication with regulators; Alignment with MUFG stakeholders in London and Tokyo; Communication with MBE stakeholders in Treasury, Finance, Data Management, Planning and Regulatory Affairs; Assist in preparing regular reporting where necessary; Assist in other ad-hoc assignments and projects owned by the MRM team. In order to be successful in the role, you will need the following: Skills and experience: At least 10 years of work experience in banking, or finance advisory roles; Experience with IRRBB; Ability to document risk management frameworks and processes; Stress Testing experience; Working knowledge of Python; Knowledge of both corporate banking and broker/dealer products preferred; Experience with Underwiring deals is a plus; Working knowledge of SQL preferred; A completed CFA, FRM or PRM is preferred; Fluent language skills in English. Personal Requirements: Proven analytical and problem solving skills with high attention to detail; Excellent written 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 in a very diverse environment; Ability to handle a significant and diverse workload. Integrity and Responsibility Balance Risk with Opportunity Customer Focus Demonstrate Global Perspective Professionalism and Teamwork Drive For Results Collaborate and Build Partnerships Communicate Effectively and Professionally Challenge Ourselves To Grow Influence and Inspire Others Lead Change & Seek Continuous Improvement Think Strategically Manage and Develop Talent 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 Health insurance: Collective premiums offered, for own expense. Additional information: Acquisition in response to this vacancy is not appreciated. The role is based in the Netherlands. External candidates need to be willing to relocate to the Netherlands. Internal MBE 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 Market Risk Manager will monitor market risk in the banking book, focusing on IRRBB, structural FX risk, and underwriting. They will also conduct stress testing, interpret European regulations, and communicate with internal stakeholders and regulators.