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.

Would you like to work for one of the World's largest banks in an exciting, dynamic and international environment?

We are currently recruiting for a Middle Office Analyst for our Middle Office Division in Amsterdam .

MUFG Bank Europe N.V. (MBE) is a fully-owned subsidiary of Mitsubishi UFJ Financial Group (MUFG), one of the largest ranked Financial Groups in the world in terms of assets. A world-class set of businesses and more than 180,000 employees in 50 markets. MUFG offers stability in an ever-changing market, providing services to high-profile clients worldwide.

For more than 50 years MBE offers corporate and investment banking services to both Japanese and non-Japanese corporate customers in The Netherlands and, through its branches. The goal is to be among the top performing foreign-owned banks operating in The Netherlands, providing value-added banking services and excellent operations, fulfilling both Japanese and Global Multinational Corporate customers' needs.

At MBE we are committed to contributing to a more sustainable future. Thus, we will encourage you to embed environmental, social & governance (ESG) factors in your everyday work and in our culture.

The MBE subsidiary based in The Netherlands is a network of branches (Germany Branch (Dusseldorf, Hamburg, Frankfurt, Munich), Spain Branch (Madrid, Barcelona), Belgium Branch (Brussels), Austria Branch (Vienna)), managed from Amsterdam.

Your impact at MUFG

Support and/or conduct administrative & reporting tasks, assigned to the Middle Office Division and as such to assist in the management, monitoring and control of the bank’s Credit, Market and Liquidity Risk transaction and product portfolio.

Function positioning

The function forms part of the bank’s Middle Office Division (MOD), which main task consists of the controls, monitoring and reporting in relation with the bank’s credit, market and Liquidity risk transaction and product portfolio in order to safeguard compliance with the bank’s credit rules, policies and guidelines as well as the regulatory framework and administration.

The Division employs 3 functions:

- Treasury Middle Office (TMO)

- Credit Middle Office (CMO) with sub-team leader

- Product Management Coordination

You report to the Head of CMO/TMO and in his/her absence to the Head of Middle Office Division.

The role includes the following:

Treasury Middle Office

• Monitoring & Reconciliation of Large Exposures within the bank’s risk appetite as well as regulatory limits for management information and regulatory reporting support.
• Management of daily revaluation of bank’s collateral portfolio in cooperation with the Front Offices for the purpose of risk mitigation for Legal Lending Limit and Loss Given Loss thresholds.
• Daily/quarterly/monthly Financial Risk Reporting to internal stakeholders and Head Office to make sure MBE manages within approved limits
• Reconciliation & control reports for various data systems used by Front (Treasury) and Back Office such as Nostro balances, derivative positions, profit & loss, etc.
• Instructing daily/monthly market index and currency benchmark rates to MBE branches.
• Monitoring proposed and/or offered rates by Front with market rates.
• Managing daily monitoring list for Credit Middle Office Team to improve data quality for bank.
• Supporting the manager to manage ad-hoc projects such as implementation of new products and related additional controls.
• Creating credit data set upon request by stakeholders
• Supporting the manager in setting-up to manage intra/Bank-Office line for all MBE branches in coordination with MBE branches.
• Supporting the manager to assess a new large credit/market risk transaction for impact to Large Exposure Limits.

Product Management Coordination

Assist/Support Product Management Coordinator in

• Maintaining and reviewing MBE Business (first line) product related policies, procedures, forms, and the New Product Committee Terms of Reference, in alignment with MUFG/MBE Product Governance & Risk Policies.
• Recording, tracking and monitoring the completion of all pre and post Conditions.
• The reporting on PRAP activities through MBE local business governance and to MBE Operational Risk Management.
• Preparing the training materials for the MBE HQ and Branch staff (especially new joiners) on the Product Risk Management Process (PRAP).
• Managing the yearly Periodical Assessment of Approved Products (PAP) and Post Implementation Reviews (PIR) processes for MBE and its Branches and report to MBE Operational Risk Management.
• Maintaining a centrally available Product & Services Catalogue/Library for MBE HQ and its Branches.
• Ensuring compliance with the Bank’s rules, policies, procedures and guidelines together with all relevant regulatory and statutory requirements.

The tasks described above, apply to the credit business of the Amsterdam, Germany, Vienna Brussels and Madrid offices of the bank.

In order to be successful in the role, you will need the following:

Skills and experience:

• The function requires an intellectual and working background at HBO/University level (professional Economic/Finance/Business Administrative education).
• Experience in a similar function or relevant area.
• Financial background and understanding of corporate banking products and services required.
• Knowledge of the (intra-) departmental work flows and processes, of the Credit/Market/& other risk related products offered by front office and of the applicable internal legislation.
• Knowledge of and experience with automated database storage and processing and desktop IT skills. Verbal and written communication skills in English are essential.
• Advanced excel skill for formula such as VLOOKUP, etc. and Pivot tables are required. Skill for VBA and/or Python are recommendable.
• MS Office.

Personal requirements:

Integrity and Responsibility

• Balance Risk with Opportunity
• Customer Focus
• Demonstrate Global Perspective

Professionalism and Teamwork

• Drive For Results
• Collaborate and Build Partnerships
• Communicate Effectively and Professionally

Challenge Ourselves To Grow

• Influence and Inspire Others
• Lead Change & Seek Continuous Improvement
• Think Strategically
• Manage and Develop Talent

What do we have to offer:

We offer you a role in one of the largest banks of the world in a growing and international environment. You have various opportunities to develop yourself and we will support you with that by offering various training and development possibilities.

• We take into account your home situation and your ambitions and help you to balance work and private life.
• Monthly team events.
• To work in an ambitious, international environment with colleagues from different countries and cultures, who strive for the best.

Besides that we will offer you:

• Gross salary based on experience and consistent with the market
• 8% holiday allowance and 13th month payment.
• 30 vacation days per year. Optional you can buy 15 additional days.
• Commuting allowance based on annual public transport 2nd class, most economical way, or € 0,21 per km with a max of 75km one way.
• €5,00 net remote working compensation per day, with a maximum of €60,00 per month.
• Possibility to order a mobile phone (up to €800,-)
• Possibility to order Office Equipment’s for the home office, (up to €500,-)
• Remote Working Policy i.e. Working From Home (WFH) and Remote Working in another Country.
• Bicycle plan (fiscal benefit)
• Company fitness (fiscal benefit)
• Mental health workshops and budget for external courses (i.e. Dutch language classes).
• Employee contribution towards Pension insurance (max 5%, currently 2%), our pension scheme is based on a defined contribution scheme.
• Training & development possibilities paid by the bank

Additional information :

Acquisition in response to this vacancy is not appreciated.

The role is based in the Netherlands. All candidates need to be willing to relocate to the Netherlands. Internal employees will be supported in case of relocation.

For more information regarding this position you can contact our Talent Acquisition Specialist at: recruitment@nl.mufg.jp

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.

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.

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