Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world (as ranked by S&P Global, April 2018) with total assets of over $2.9 trillion (106.2 (JPY) as of March 30, 2018) and 150,000 colleagues in more than 50 countries. In the U.S., we're 13,000 strong, working together to positively impact every customer, organization, and community we serve. We achieve this by delivering on our values, putting people first, fostering long-term relationships built on honesty and mutual understanding, and inspiring the best in each other. This is all part of our inclusive, high-performing culture supported by Total Rewards that include our cash balance pension plan. Join a team that's working to fulfill its vision to be the world's most trusted financial group.
The Quantitative Modeling & Analytics Analyst will be primarily focused on developing econometric models for balance and income forecasting. These models attempt to illuminate the relationship between macro-economic factors and interest rates with changes to assets or liabilities on the Bank's balance sheet. Such models are used for Interest Rate Risk (IRR), scenario forecasting such as CCAR, and also for business planning and strategy. Post model development and validation, the analyst will own the implementation of models and analytical tools and be responsible for performance monitoring. The analyst will provide expertise and support to various lines of business and be responsible for ad hoc analysis as needed.
The position requires work that is complex and varied by nature and includes a significant amount of attention to detail and flexibility to support management and regulatory reporting.
Own, manage and develop econometric models
Support processes associated with periodic Stress Testing (CCAR and DFAST)
Contribute to the increased usage of Stress Test processes (increased frequency and usage for other purposes)
Own, manage and develop regular monthly Interest Rate Risk (IRR) processes associated with Economic Value of Equity (EVE) and Earnings at Risk (EAR)
Implement models and analytical tools
Develop a deep understanding of the Bank's balance sheet, individual products and associated risks
Work with management to craft strategies in the mitigation of Interest Rate Risk and other risk
Demonstrate outstanding quantitative, communication and presentation skills
Union Bank, N.A.