Manager

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.

Credit Economic Capital Modeling:

• Support MUFG Global and Regional Economic Capital production process.
• Run, maintain, and update the monthly production processes for generating loan-level Economic Capital results.
• Perform Monte Carlo simulations of Economic Capital (catastrophic losses that occur in crisis scenarios) using vendor models such as Moody's RiskFrontier.
• Assist standardization of Economic Capital modeling across ALL MUFG regions.
• Align EC modeling parameters (e.g. quantification of systematic risks in individual credit position, PD/LGD correlation, etc.)
• Develop/enhance MUFG's Economic Capital production process.
• Conduct peer code reviews, promote best coding practice, explore cutting-edge technologies and tools for production process automation.
• Work with stakeholders and partners across MUFG’s global organization (often with conflicting interests).
• Develop and promote tools and technology to facilitate stakeholder communications.

Credit Risk Framework:

• Manage credit risk appetite and concentrations management limit frameworks. Link credit risk appetite and concentration limits to MUFG business strategy (capital/earnings).
• Support MUFG credit portfolio quality vs. current and future economic/market trends.
• Participate in policy review and updates – in coordination with key regional and global stakeholders.
• As SME, assist risk identification and materiality measurement within the Americas Region.

Credit Loss Forecasting Models:

• Forecast stress credit losses according to preformatted macroeconomic scenarios:
• Implement and update proprietary credit risk models (e.g. Probability of Default / Loss Given Default / Exposure at Default) for all loan exposures and loan types.
• Assess and standardize loan data extraction from numerous regional and global systems – supporting credit portfolio modeling.

• Excellent data analytics skills gained through hands-on experience, including familiarity with large data sets and the tools for data analysis (e.g. R, python, Pandas)
• Experience using Git/Bitbucket (version control applications) to manage production-level code.
• Understanding or ability to quickly learn – credit management platform (software) i.e. credit loss forecast models, stress lost forecasting, Monte Carlo loss simulation, etc.
• Excellent communication skills, oral and written, also interpersonal skills.
• Experience with statistical tools and techniques (regression models, multivariate analysis, machine learning / deep learning) within financial services
• Model development capabilities.

• 3+ years work experience with credit analytics (or equivalent) function preferred.
• 2+ years work experience in/or supporting Front Office function (e.g. credit, markets, etc.) within a major commercial or investment bank, insurance company, or similar international financial business.
• Understanding of / or direct Experience with cloud computing (i.e. AWS).
• Active participation in leading/advocating projects. Strong teamwork abilities.
• Excellent critical thinking, problem-solving abilities.
• Highly motivated, strong attention to detail, organized.

• Minimum Bachelor’s degree (Masters/PhD welcome) with emphasis on quantitative methods and tools (i.e. Computer Science, Engineering, Finance, other disciplines).

Mitsubishi UFJ Financial Group (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 organsational fit, regardless of race, religion or gender.