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VP, Business Manager-Credit Trading

MUFG Bank, Ltd.
New York, NY
$175K-$200K a year
Full-time

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. 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.

Job Summary :

The Business Manager - VP will, together with existing Business Management team, support the International Global Markets Sales & Trading businesses.

His / her primary focus will be on supporting the Head of Global Markets Credit and Equities Trading, based in NY. Candidate will assist in delivering on strategic growth initiatives and well as provide critical analysis and support around teams' performance, cost management and competitive landscape.

Responsibilities will include :

  • The development and delivery of strategy and business planning to support the development and growth of the businesses, including but not limited to
  • Collaboration with internal support teams to promote business priorities
  • Cost analysis (systems, vendors, internal allocations, etc)
  • Budget / resource planning to meet revenue / NOP targets
  • Working closely with product lines to ensure strategy and execution of business plan initiatives are synched
  • Engaged in Market survey for peer analysis

Ensuring that a robust control and governance framework is in place that allows the business to react to market opportunities while adhering to policies, procedures and regulations, including but not limited to :

  • Managing the business interaction with support functions including, internal audit and operational risk Acting as a core member of committees to represent trading desks alongside the Head of Global Markets Business Management
  • Ensuring that the Front Office Sales & Trading roles, responsibilities, processes and controls are appropriately documented and managed, working with compliance and legal to develop solutions to ensure regulatory compliance
  • Responsible for stakeholder engagement on aspects impacting sales but not limited to :
  • Work alongside the other Global Markets Business Management individuals to oversee, develop and drive the implementation of a new IT initiatives to increase business efficiencies
  • Engaged with other stakeholders both internally and externally to ensure appropriate representation.

Skills & Requirements :

  • A minimum of a Bachelor's degree
  • An advanced Master's degree in Accounting, Financial Engineering and or a CPA, CFA certification or an MBA is a decisive Asset
  • A minimum of 5 to10+ years of prior large corporate financial services work experience preferably as a Sales, Trader or Business Manager supporting a complex Fixed Income or Equities global bulge-bracket banking organization
  • A demonstrated in-depth understanding of the securities business
  • Knowledge of business trend analysis, data mining, data analysis, resource allocation
  • Prior experience in a Business Strategy function is a plus
  • Experience managing risk

General skills & experience :

  • Excellent MS application skills, including : Excel and PowerPoint
  • Strong decision making skills, the ability to demonstrate sound judgment
  • A structured and logical approach to work
  • Strong problem solving skills

The typical base pay range for this role is between $175K - $200K 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

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.

23 days ago
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