VP Trader in London

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.

OVERVIEW OF THE DEPARTMENT/SECTION: MUFG (Mitsubishi UFJ Financial Group) is one of the world's leading financial groups. Headquartered in Tokyo and with approximately 350 years of history, MUFG is a global network with around 2,300 offices in over 50 countries including the Americas, Europe, the Middle East and Africa, Asia and Oceania, and East Asia. The group has over 150,000 employees, offering services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.

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.

Structured Trading Group (STG) is the main hub for Structured Products at MUFG. The desk is responsible for the structuring, trading and management of Structured Derivatives in Interest Rates, FX and Hybrid products. STG services the clients of MUFG and its affiliates by leveraging their best in class infrastructure, product expertise and sophisticated risk management capabilities to deliver bespoke products and solutions consistently across the regions.

MAIN PURPOSE OF THE ROLE: Specifically, you have accountability for the Structured Trading Group. Being highly reliable and accountable for the risk and the controls in place. Demonstrating ownership in minimising any operational and financial risks. Excellent communication skills with the team. Adding value to the team from previous experience/roles in structured notes / exotic rates and/or credit is a plus. Gaining autonomy in risk management the book under the supervision of more senior traders. Proactivity in improving the current framework/ client offering/ pricing and risk management.

KEY RESPONSIBILITIES: Specifically, you will be accountable and responsible for taking appropriate action with respect to the Company and Structured Trading Group department, including:

• Planning, Strategy Development and Execution [Trader]: You will be responsible for contributing to the successful execution of departmental strategy - in line with the regional business objectives, international business objectives and entity requirements.
• Risk Management: As a member of the Structured Trading Group, you will be responsible for identifying, monitoring and taking actions (incl. escalations where applicable) further to your delegated authority in respect of, the risk being run across your product / domain.
• Franchise Development (where applicable): Responsible for delivering and growing a sustainable, client-focussed, flow-oriented, business.
• Controls and Compliance: You are responsible for ensuring the Company's compliance with internal risk and compliance requirements, controls and procedures.
• People (If applicable): You will manage and/or contribute to the following matters, appropriate for above departments, in conjunction with your unit head.
• Relationship with other functions and stakeholders: Maintain and enhance good working relationships with stakeholders, across the region and globally to share best practices, provide support and develop effective local policies and procedures.

WORK EXPERIENCE: Essential: At least 3 years of working experience at major financial institutions. Experience in managing significant risks in non-linear derivatives. Experience in pricing complex derivatives in Rates or Hybrid products.

SKILLS AND EXPERIENCE: Functional / Technical Competencies: Essential: Knowledge of financial market and instruments including derivatives. Good communicator. Strong numerical skill. Proficient Microsoft Excel skills. Diligent and disciplined in risk management.

PERSONAL REQUIREMENTS: Excellent communication skills. Results driven, with a strong sense of accountability. A proactive, motivated approach. The ability to operate with urgency and prioritise work accordingly. Strong problem solving skills. A creative and innovative approach to work. Excellent attention to detail and accuracy. A calm approach, with the ability to perform well in a pressurised environment. Strong numerical skills.

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.