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MUFG Vice President, Repo Trader in Hong Kong

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 160,000 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.

Specific Responsibilities

  • Work as part of a global repo trading business in Asia, EMEA and US

  • Respond to inquiries and quote prices for Asia Sale and clients

  • Co-work with Sales in seeking risk approvals for repo transactions where required

  • Repo transaction execution and trade capture acting in capacity of agent for MUSE.

  • Risk management and hedging for relevant repo trading books

  • Review daily book P&L from product control

  • Participate in Risk meetings.

  • Co-work with Sales to acquire new clients and expand repo client footprint in Asia

Others

  • Responsible and accountable for ensuring that your day-to-day activities (including, where applicable, those of your direct reports) are aligned to the overall departmental business strategy for your product / domain – this includes meeting/exceeding the official minimum financial and non-financial targets

  • (Where applicable) responsible for leading, directing and managing staff within your team to ensure that they (i) understand their responsibilities and duties applicable to their roles, (ii) comply with the Firm’s policies and procedures and (iii) conduct themselves in a way which is commensurate with the Firm’s values;

  • Responsible and accountable for managing and monitoring your portfolio of clients and associated risks and controls to control the Firm’s exposure within predefined limits prescribed by Risk Management and established by the Firm’s Risk Management Committee, and overseeing the department operates within the Firm’s defined risk appetite

  • Responsible for conducting business in line with internal policies and procedures as well as regulatory requirements

  • Responsible for maintaining and enhancing good working relationships between the relevant Rates Sales Group RAS department and stakeholders, including business and control / infrastructure teams globally;

  • Responsible for contributing to the effective management of direct budget expenditures where required

  • Responsible for working in partnership with broader GM, GCIB and JCIB teams to develop the business globally

  • Responsible for the management of all relevant risks (including, but not limited to, credit, operational, conduct risks applicable to your product/domain) within the Firm’s risk appetite;

  • Responsible for ensuring that you conduct business in line with regulatory requirements (including but not limited to Volcker, EMIR and MIFID).

  • Responsible and accountable for the escalation of issues identified in the ordinary course of your business. This includes, but is not limited to issues relating to risk management, regulatory risk compliance and operational risks

  • Responsible for protecting and enhancing the Firm’s, and the Group’s, reputation in all activities

  • Be responsible and accountable for adherence to the MUS International S&T Client Ownership Charter

  • Responsible for delivering and growing a sustainable, client-focussed, flow-oriented business in line with client strategy,

  • Responsible for maximising profitability from leveraging and enhancing the Group’s customer franchise,

  • Responsible and accountable for reacting to client enquiries in a risk-sensitive manner, ensuring proposed solutions are appropriate for the client and meet the requirements of best execution,

  • Responsible for clearly explaining the risks and rewards of our products to our clients, and providing our clients with all the information they need to make an informed judgement about transactions,

  • Responsible for working in partnership with Sales, Trading and Research in MUS International to deliver products that meet the needs of our clients

  • 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 appropriate to the Company, and working in support of the One MUFG and overall Group strategy

MUFG Bank Ltd & MUFG Securities Asia Limited (collectively referred to as “MUFG”) is an equal opportunity employer. We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organsational fit, regardless of race, religion or gender.

At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!

Our Culture Principles

  • Client Centric

  • People Focused

  • Listen Up. Speak Up.

  • Innovate & Simplify

  • Own & Execute

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