Analyst, Risk Analytics Group

Responsible for the Market Risk models that support VAR/IRC and related capital metrics. These models are used for internal control as well as regulatory capital via the IMA (Internal model based approach). The VAR model covers Rates, FX, Credit, inflation, and Equity. Work closely with other team members, market risk within risk, the IT development teams, project management teams and risk model validators. Work in an inclusive and proactive way, ensuring that the team is reactive to new model development and to resolving issues as they arise, and communicate clearly in reporting to management., Specifically, you will be accountable and responsible for taking appropriate action with respect to the Company's and RAG, including:

• Assist with risk model development and maintenance
• Develop, maintain and improve Market risk models
• Specifications for revised approach for updated approach to meet FRTB regulations
• Design and run model validation tests, for both model assumptions and implementation. Investigate issues and propose
• Plan changes where there are model weaknesses.
• Specify and test system changes to implement improvements.
• Improve existing operational controls around the models and propose new ones to increase robustness.
• Support business and market risk department requests in investigations on specific issues.
• Ad-hoc projects as required, including collaboration with market risk analytics and model validation.
• Ad-hoc projects as required
• Proactively contribute to wider Risk function initiatives and projects., The role holder will be assessed in accordance with their employing entity's performance framework and process with relevant input obtained from the dual hatting entity as relevant.

As duties and responsibilities change, the job description will be reviewed and emended in consultation with the role holder. The role holder will carry out other duties as are within the scope, spirit and purpose of the role as requested by their line manager or Department Head.

Experience within Financial services firm, Required • Solid quantitative skills (computer science or maths/statistics or finance higher education at MSc level or above)

• Understanding of financial markets and products including derivatives
• Familiarity with principles of pricing derivatives

Desirable • Experience of risk related role

• Excellent Excel knowledge and experience of VBA/Python/R required

PERSONAL REQUIREMENTS • Excellent communication skills, with the ability to adjust to different audiences.

• Highly motivated and innovative, able to work on own initiative
• Excellent accuracy and attention to detail with an analytical mind-set
• Good team player with professional attitude
• Good time management and ability to prioritise
• Ability to manage large workloads and tight deadlines, balancing urgent tasks and longer term projects

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., Mitsubishi UFJ Financial Group (MUFG) is one of the world's leading financial groups. Headquartered in Tokyo and with approximately 350 years of history, MUFG has a global network with 1,100 offices in over 40 countries. The Group has over 140,000 employees, offering services including corporate banking, commercial banking, retail banking, wealth management, investment banking, capital markets, personal and corporate trust, and transaction banking. The Group's operating companies include Bank of Tokyo-Mitsubishi UFJ, Mitsubishi UFJ Trust and Banking Corporation (Japan's leading trust bank), and Mitsubishi UFJ Securities Holdings Co., Ltd., one of Japan's largest securities firms. MUFG conducts securities business internationally through its overseas subsidiaries Mitsubishi UFJ Securities International plc, Mitsubishi UFJ Securities (USA) Inc., Mitsubishi UFJ Securities (Hong Kong), Ltd. and Mitsubishi UFJ Securities (Singapore), Ltd. With each member of the group working in partnership with one another, MUFG provides best in class service and products to corporate and institutional clients. MUFG EMEA Securities (MUSE) is the European hub of MUFG's securities business. Headquartered in London we have just over 600 employees and are active throughout the international capital markets, focusing on debt, equity, derivatives and structure