At a Glance
- Tasks: Lead the Credit Risk Analytics IT team and develop innovative risk management solutions.
- Company: Join MUFG, a global leader in finance with a commitment to diversity and innovation.
- Benefits: Enjoy flexible working, competitive salary, and opportunities for professional growth.
- Other info: Be part of a collaborative culture that values your voice and ideas.
- Why this job: Make a real impact in a dynamic environment while shaping the future of financial technology.
- Qualifications: Experience in credit risk analytics and strong leadership skills required.
The predicted salary is between 90000 - 110000 £ per year.
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 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.
The ETP – Risk Technology Department provides a full IT service to the Market Risk and Credit Risk areas of the MUS overseas subsidiary companies. The Credit Risk Analytics IT team is responsible for implementing and supporting systems for calculating and reporting Credit Risk across all locations.
Main Purpose of the Role: The Credit Risk Analytics IT team is responsible for designing, integrating and supporting Middle Office Risk systems using the third-party S&P Global Financial Risk Analytics (FRA) simulation and pricing engine that provides cross-asset coverage to calculate various Credit Risk measures. The successful candidate’s primary role as leader of the Credit Risk Analytics IT team will be to define the strategy, architecture, manage the development and support the rollout further enhancements to the Credit Risk IT platform to meet the demands of the organisation and challenging regulatory change.
Key Responsibilities:
- Authority to manage the Credit Risk Analytics IT team, across onshore, nearshore and offshore locations.
- Responsible for defining the strategic architecture and design of the international risk platform in line with the firm business objectives and regulatory obligations.
- Responsible and accountable for delivering risk project programmes.
- Responsible for ensuring strong transparency around delivery status, risks, and dependencies.
- Responsible for guiding technical design decisions with and acting as SME for credit risk concepts and regulatory drivers.
- Responsible and accountable for hiring strategy, performance management, and talent retention.
- Responsible for ensuring team comply with all mandatory company activities.
- Responsible and accountable for developing systems to meet satisfactory internal and external audits.
- Responsible and accountable for daily delivery of Credit Risk measures on the international platform within specified the Service Level Agreement.
- Responsible and accountable for leading, mentoring, and developing multi-disciplinary teams.
- Accountable for establishing a strong engineering and risk culture, including accountability, quality, and continuous improvement.
- Authority to represent team in global governance forums, steering committees, and risk transformation initiatives.
Work Experience:
- Essential: Experience leading and implementing PFE analytic solutions preferably in cloud computing environments.
- Preferred: Experience leading and implementing Market Risk engines for a financial organization or third-party vendor.
Skills and Experience:
- Essential: Strong understanding of Counterparty Collateral, Netting & Market Data in Credit Risk pricing.
- Solid understanding and hands-on pricing of Derivatives, Mortgage-Backed Securities, Repos, Stock Borrow Lending and Agency lending.
- Strong C#, .Net Core Web API and SQL development experience.
- Experience working on large scale applications.
- Stakeholder management and vendor management.
- Practical experience of TeamCity, Jira, SVN, GitHub, Visual Studio, Powershell.
- Strong understanding of the underlying mechanics of Securities products such as Bonds and Equities.
Personal Requirements:
- Excellent communication skills, both written and verbal.
- Results driven, with a strong sense of accountability.
- A proactive, motivated approach.
- Strong decision-making skills, the ability to demonstrate sound judgement.
- A structured and logical approach to work.
- Excellent attention to detail and accuracy.
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.
Summary Location: London Type: Full time
Senior VP Credit Risk SME/Developer in London employer: MUFG
Mitsubishi UFJ Financial Group (MUFG) is an exceptional employer, offering a dynamic work environment in the heart of London where employees can thrive in their careers. With a strong commitment to diversity and inclusion, MUFG fosters a culture that values collaboration and innovation, providing ample opportunities for professional growth and development. Employees benefit from comprehensive support in managing complex loan operations, ensuring they are equipped with the skills and knowledge needed to excel in their roles while contributing to meaningful financial solutions.
StudySmarter Expert Advice🤫
We think this is how you could land Senior VP Credit Risk SME/Developer in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like MUFG. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior VP Credit Risk SME/Developer in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to MUFG.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on MUFG's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at MUFG
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with MUFG.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at MUFG will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former MUFG employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
