Analyst, Risk Analytics Group

About the Role

MUFG, one of the world’s most respected financial groups with a rich heritage, is seeking an Analyst to join its Risk Analytics Group in London.

The Analyst will support the development and maintenance of market risk models that underpin internal controls and regulatory capital requirements, working closely with specialists in risk analytics, model validation, IT development, and project management.

Responsibilities

• Assist with the development and ongoing maintenance of sophisticated market risk models supporting Value at Risk (VAR), Incremental Risk Charge (IRC), and related capital metrics.
• Contribute to the design and execution of model validation tests by evaluating model assumptions and implementation to ensure accuracy and compliance.
• Investigate issues identified during model testing or operation, proposing practical solutions and planning changes to address any weaknesses or gaps.
• Specify requirements for system enhancements and rigorously test changes to ensure effective implementation within existing frameworks.
• Enhance operational controls around risk models by identifying areas for increased robustness and recommending new control measures as needed.
• Support business units and the market risk department by conducting thorough investigations into specific issues or requests related to risk analytics.
• Participate in ad‑hoc projects that require close collaboration with colleagues across market risk analytics, model validation, IT development, and project management teams.
• Proactively contribute to wider initiatives within the risk function by sharing insights, participating in group discussions, and supporting collective goals.
• Ensure all activities comply with relevant regulatory requirements while maintaining entity neutrality between MUFG Bank and MUFG Securities EMEA plc.
• Communicate clearly with management regarding progress on model development, validation outcomes, operational improvements, and any emerging risks.

Qualifications

• Proven experience in the financial services sector, applying advanced quantitative training (MSc level or higher).
• Exposure to financial instruments such as derivatives and familiarity with pricing mechanisms.
• Technical proficiency in Excel (including VBA) and programming languages such as Python or R.
• Excellent command of Excel and hands‑on VBA experience; proficiency in Python or R highly desirable.
• Outstanding communication skills, able to tailor information for technical teams and senior management.
• Meticulous attention to detail, analytical mindset, and a commitment to accuracy in model development and validation.
• Ability to manage large workloads efficiently, prioritise urgent tasks alongside longer‑term projects without compromising quality or deadlines.
• Demonstrated capacity for effective time‑management under pressure while balancing multiple responsibilities across concurrent assignments.
• Collaborative approach fostering positive relationships within diverse teams and willingness to share knowledge openly.
• Professional attitude marked by reliability, motivation, adaptability, and commitment to upholding organisational values.
• A postgraduate degree (MSc or above) in computer science, mathematics/statistics, finance, or a closely related discipline.

EEO Statement

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.

#J-18808-Ljbffr