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.The Trade Support Associate/AVP will be responsible for supporting all of the firm’s Fixed Income businesses but especially the US Treasury Auction process and potentially other FOMC Operations. This person will be responsible for handling all Middle Office operational functions including, but not limited to, providing trade and sales support for Flow Products desks including Rates, Credit, Commercial Paper, Syndicate, and Institutional Investor Sales Desk.
Reconcile various T+1 break reports (FOBOs, BOBOs, Internal vs External/Exchanges, Internal vs Internal) to ensure all trades and positions are balanced and in line from previous trading dayPerform US Treasury Auctions, potentially other FOMC Open Market Operations including submitting bids, calculating and submitting Net Long Position, confirming awards, record keeping, etc.Suspense Account - Follow up on any trades booked in the Client suspense account from prior dayE-mail- Work on any e-mail queries from clientsConfirms - Reconcile confirms received from MUSI with Bloomberg Tickets Throughout the DayMonitor Trading and Sales Panels working with Front Office on bookings, allocations, and Regulatory reportingSend trade-recap to customer clients and request for allocations.Check for any Trade Tickets with Euro Clear or Local settlementsEuro Clear Settlements - Amend trade in Impact if necessary for the correct Depository.Work with Fedwire Settlements throughout the course of the day on cash trades, settlement status, and FICC breaksDTC monitor commercial paper trade flow and all settlements throughout course of dayWork with Repo and Sec Lend desks in regards to funding/settlements of CP and UST cash tradesWork with Credit Risk teams throughout the course of the day monitoring trades with non-margin customersCheck for any Cxl'd and Corrected tickets to determine if any actions in the backOffice system is needed.
Monitor MOCCA – Match, accept, and allocate trades on CTM - monitor for errors, unmatched trades, mismatches, allocations, etc.Monitor Impact - Check TUR and SUR for trade entry exceptions.Monitor various intraday break reportsHandle any queries from Settlements or P&SLiaise between Front Office and Settlements & P&SMonitor ICE for CDX/CDS activity throughout the dayMonitor CME for futures and options trades throughout the dayMonitor OCC for Options trades throughout the dayMonitor Trace / ORF throughout course of the dayMonitor ACT / WorkX throughout course of the dayMonitor RTTM throughout course of the dayWork on any Client queries.Syndicate SupportSuspense any outstanding tradesMonitor Impact - Check TUR and SUR for trade entry exceptions prior to leaving.End of day closing/balancing/checksEDUCATION
• Degree or equivalent work experience equally preferable.
• Degree in Business or Finance a plus
CERTIFICATIONS
WORK EXPERIENCE
• Experience in Back-Office, Middle-Office or Trade Support operations
• Supervisory experience a plus
• Intermediate level computer and Microsoft Office skills desired
• Solid product knowledge of one or more asset classes desired
• Sound working knowledge of market practices and standards
FUNCTIONAL SKILLS
• Solid understanding of the trade lifecycle and mechanics, transaction workflow, asset classes and booking methodologies
• Experience with managing robust reconciliations and controls
• Detailed oriented
• Hands on practical utilization of commonly used tools or techniques in the markets and/or treasury space
FOUNDATIONAL SKILLS
• Communicates effectively
• Identifies multiple paths to success using analytical and critical thinking as well as decision-making skills
• Exercises sound judgement, prioritizes effectively, and strives for continuous improvement
• Effectively collaborates with colleagues
• Leverages available technology to drive efficiency and results
• Understands and applies industry trends and best practices
• Exhibits optimism, resilience, flexibility, and openness to others' ideas
• Values learning as a lifelong professional objective
• Engages inclusively and with intent
• Always acts with integrity
The typical base pay range for this role is between $94K - $137K depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.
MUFG Benefits Summary
We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.We are proud to be an Equal Opportunity Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.