Associate, Asset-Liability Management

MUFG•Toronto, ON

About The Position

This position contributes to the objectives of the Asset-Liability Management (ALM) function, which involves managing MUFG Canada's balance sheet using sound liquidity, market and interest rate risk management practices. MUFG is one of the world's leading financial groups, with a vision to be the world's most trusted financial group. It is part of MUFG's 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 employees to own their careers. MUFG is excited to see individuals take the next step in exploring a career with them and encourages spending more time reviewing their Culture Principles: Client Centric, People Focused, Listen Up. Speak Up. Innovate & Simplify, Own & Execute.

Requirements

5+ years' experience in financial services industry, preferably in a Treasury function within a Canadian bank (Schedule I, II, or III)
Advanced proficiency in Microsoft applications including Excel, PowerPoint, Copilot and PowerBI
Strong programming skills
Strong analytical skills
Strong attention to detail
Bachelor's Degree
Some education in finance, either through degree program or through professional designations such as CSC, CFA, etc.
Motivated and proactive approach to work
Ability to try new things and drive change
Ability to work collaboratively with stakeholders in Canada and US, and within MUFG globally
Ability to communicate clearly and professionally
Ability to manage multiple tasks and prioritize effectively
Ability to work independently and as part of a team

Responsibilities

Contribute to the management of MUFG Canada's balance sheet using sound liquidity, market and interest rate risk management practices.
Ensure all obligations, actual and projected, are effectively met (including effective cash flow forecasting).
Ensure regulatory requirements are met.
Ensure all risk limits are adhered to.
Manage the Bank's funds transfer pricing structure, ensuring it reflects the Bank's cost of funds.
Optimize the Bank's funding mix, balancing soundness and profitability.
Achieve ALM annual revenue objectives.
Overseeing data management and quantitative processes, including overseeing the EUCC's for ALM.
Enhance effectiveness of ALM reporting.
Improve efficiency by automating processes, either through programming of macros or through automated report production.
Contribute to the efficient production of reports such as the ALM Committee package, monthly Treasury/Deposit reports, daily ALM End of Day report, etc.
Work with Canada Risk to calibrate, monitor and report Early Warning Indicators (EWIs), Liquidity Risk Limits.
Collaborate with Canada Risk on Liquidity Stress Testing and other requirements.
Assess EWI and Liquidity Risk Limit breaches and their potential impact on liquidity.
Execute trades in the Money Market (interbank, interoffice funding & BDNs), Repo, and Cash Bond markets; and FX swaps via FX desk; within Canada Treasury's Position and Loss limit.
Interact with clients (internal/external) and counterparties in order to provide timely, “best in class” service.
Provide service to the Bank’s deposit customers, and support to GCIB, JCIB and TBA to assist in growing deposits.