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.The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.Job Overview / Responsibilities:
- Candidate to Lead Credit Algo Quant & Electronic Trading desk
- Responsible for managing market, credit & operational risk across electronic trading platform
- Partnering closely with Quant developers, Electronic product and technology teams to design, develop and implement quantitative algorithms focused on credit markets
- Research and identify market inefficiencies to develop quantitative trading strategies
- Develop market-making, arbitrage and relative value strategies in order to facilitate client activity
- Perform statistical analysis, optimize large datasets and perform back-testing to enhance and optimize strategies as market dynamics fluctuate
- Actively trade and monitor markets, developing optimal hedging and risk management strategies to ensure performance of business
- Ensure performance and risk of strategies are aligned with firm's risk framework and appetite
- Grow market-share, profitability of business and expand product sub-set as business strategies evolve
Job Requirements & Skills:
- Strong quantitative skills, including, financial modeling, statistics, thorough credit analysis, strong foundation in mathematics and working with large data-sets
- Experience leading teams, both directly and partnering closely with business partners, including, quant & product developers, technology, operations and other functions
- Proficiency in multiple coding languages
- Deep understanding of credit and fixed income market structure, rules & regulations
Experience Required:
- 10yrs + experience in fixed income & credit markets trading & risk management
- Proven track record of business building and platform development
- Educational background in areas of statistics, applied mathematics, finance, computer science or related fields preferred
- Strong collaborator, willingness to train team members, effective communication skills
- Relevant regulatory licensing preferred (Series 7, 63, 24) at start, necessary for role
The typical base pay range for this role is between $255K - $330K depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.MUFG Benefits SummaryWe will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.We are proud to be an Equal Opportunity Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual's associates or relatives that is protected under applicable federal, state, or local law.