Head of Counterparty Credit Risk, Director

Mitsubishi UFJ Financial Group•New York, NY

1d•Hybrid

About The Position

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.

Requirements

10 + years’ experience in counterparty risk or relevant function
Strong product knowledge of FX, derivatives, repos, SBLs, total return swaps and structured products
Expertise in counterparty risk analytics including PFE, EPE, CVA and stress testing.
Exceptional communication and writing skills with the ability to synthesize complex concepts and translate into easy-to-understand language, and effectively present in text or slide format
Strong ability to analyze and interpret data
S trong organizational skills and the ability to multi-task in a complex environment with changing priorities
Management experience

Responsibilities

Lead the assessment, management, and monitoring of counterparty credit risk across trading products (FX, derivatives, SFTs)
Enhance and maintain the end-to-end counterparty credit risk framework including operational workflow, limits monitoring, measurement, stress testing, controls and reporting
Conduct portfolio risk reviews as well as stress testing and scenario analysis
Collaborate with front-office, credit risk management, legal and regulatory teams to ensure compliance with industry standards and regulatory guidelines
Report and present Counterparty Credit Risks to senior management, risk committees, and regulators
Work with the risk analytics team to enhance existing models to ensure risks are appropriately captured
Lead a team of 3-5 risk professionals
Supports the execution of strategic initiatives in collaboration with internal and external stakeholders