Market & Counterparty Credit Risk Manager

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.

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 a Counterparty Credit Risk Manager for MUFG Securities in Amsterdam.

MUFG Securities (Europe) N.V., is part of the Mitsubishi UFJ Securities Holdings Co., Ltd which includes MUFG Securities EMEA plc, MUFG Securities Americas Inc., MUFG Securities (Canada), Ltd. and MUFG Securities Asia Limited. Our aim is to provide an internationally integrated securities operation offering best in class service and products to corporate and institutional clients and those of the MUFG group. MUFG Securities (Europe) N.V. (MUS(EU)) is headquartered in Amsterdam and has a branch in Paris.

MUS(EU) conducts activities under an MFID ‘EEA passport’ applicable to transactions with and services to all EEA clients. Whilst leading up to Brexit, MUS(EU) was busy expanding our product range and enhancing our capability in readiness for the European market. The first trade was conducted on 25 March 2019. MUS(EU) offers a variety of flow products such as Debt Capital Markets, Structured Solutions, Derivatives Solutions Group, Repo Group, Equity Solutions, Securitization, and Green Bonds in order to meet the demands of our clients.

Based in Amsterdam and Paris, MUS(EU) is an integral part of MUFG’s global securities platform working closely with MUFG Securities (EMEA), MUFG Bank and MUFG bank (Europe) N.V. to offer a single MUFG solution to meet the needs of clients – it was established in order to replicate the services and arrangements which existed within MUFG Securities.

Function positioning

As one of the top financial groups globally with a vision to be the world's most trusted, we want to attract, nurture and retain the most talented individuals in the market. The size and range of MUFG's global business creates opportunities for our employees to stretch themselves and reap the rewards, whilst our common values, to behave with integrity and responsibility, and to build a culture which is fair, transparent, and honest, underpin everything that we do. We aim to be the financial partner of choice for our clients, whatever their requirements, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

MUFG’s shares trade on the Tokyo, Nagoya, and New York (NYSE: MTU) stock exchanges. The group’s operating companies include, but are not limited to, MUFG Bank, Mitsubishi UFJ Trust and Banking (Japan's leading trust bank), Mitsubishi UFJ Securities Holdings (one of Japan's largest securities firms), and MUFG Americas Holdings.

Please visit our website for more information - mufgemea.com.

The role includes the following:

Overall purpose of the role is to enhance and embed the risk management framework and to collaborate effectively with MUFG EMEA (MUSE) and MUFG Bank Europe (MBE) business and risk teams

• Active part in the development of an effective and proactive risk management framework to ensure that risks are identified, quantified and managed within risk appetite
• Responsibility for counterparty credit risk assessment and approval of counterparty credit limits
• Development and delivery of risk reports and metrics to senior management, including active challenge and monitoring of risk profile
• Partner with the business and risk colleagues to support new business initiatives, performing evaluation against risk appetite
• Working closely with EMEA risk colleagues to develop relevant stress testing scenarios and methodologies
• Responsibility for the entity’s risk appetite, working closely with risk colleagues and key stakeholders
• Oversight and annual updating of MUS(EU)'s Recovery and Resolution Plan in line with regulation and industry best practice
• Active involvement in ICAAP and ILAAP •Representation in EMEA risk committees and forums

In order to be successful in the role, you will need the following:

• At least 7+ years of relevant work experience in risk management with a financial institution
• Academic (master) degree in a relevant field of study
• In depth knowledge of risk management methodologies and financial regulation
• Excellent knowledge of financial products including derivatives
• Fluent language skills in English
• Excellent working knowledge of MS office products
• Good presentation skills, verbal and written
• Excellent problem-solving skills
• Stakeholder management and experience in interacting with senior management members
• Ability to challenge and ask questions

Personal requirements:

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 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 we will offer you:

• Gross salary based on experience and consistent with the market
• 8% holiday allowance and 13th month payment
• 28 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 Office Equipment’s for the home office, (up to €500,-)
• Employee contribution towards Pension insurance (max 5%, currently 2%), our pension scheme is based on a defined contribution scheme
• 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)
• 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.