MUFG Union Bank Treasury Fixed Income Associate in San Francisco, California
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world with total assets of over $2.4 trillion (as ranked by SNL Financial, April 2016) and 140,000 colleagues in nearly 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 Treasury Fixed Income-Investor Relations team is responsible for creating the funding strategy for term debt in the form of TLAC (Total Loss Absorbing Capacity), intercompany loans, and bank notes as well as executing the transactions. This team works and collaborates closely with the Treasury Funding Desk (short term & FHLB Advances) and the branch to fully execute on the whole range of funding sources to ensure diversification is cost effective. Work closely with MUFG head office to establish communication strategy for its FI investors. This role is reporting to the Director of Fixed Income and Investor Relations (IR) and will support analytical and project management needs.
The Fixed Income/IR Associate will support the execution of TLAC debt, issuance of intercompany funding, and other debt products through analysis and reporting. The Associate will also be responsible for updating the quarterly IR deck ensuring accuracy of the information and consistency with the messaging of MUFG head office in Tokyo.
Debt Capital Markets/TLAC issuance (60%)
Assist in TLAC debt execution throughout the year including documentation, pricing analysis, and project management
Maintain and develop pricing models that illustrate the cost of the various debt instruments used and/or considered
Track external funding spreads from investment banks and report out to the relevant stakeholders in Treasury and Finance
Maintain funding dashboards and Monthly Business Review snapshots which are provided to internal groups
Compile material and generate slides for MUFG Treasury and Combined US Operations meetings
Investor Relations (15%)
Produce content for quarterly IR decks and make available on the IR website
Assist Tokyo IR with their IR presentations throughout the year
Address investor questions sent through our voice message channel
Other/Ad hoc/cross functional (25%)
Assist in the CCAR, DFAST, Resolution/Recovery Plans and Funding Plan cycles through ownership of data presented in tables and incorporated into the narratives
Provide support on analysis with intercompany funding projects, rating agency decks, and other areas within the Treasury CFO broader team
Create and present material for committee and working group updates in regards to funding.
Internal / External Relationships
Collaborate with all Treasury teams in particular Balance Sheet Strategies, ALM, Treasury CFO, and Funding Desk.
Partner with other areas outside of Treasury such as legal, accounting, financial reporting, tax, and transfer pricing group.
Work closely with external investment banks in obtaining market data, indicative pricing, and TLAC issuance.
Knowledge of banking products and services, general understanding of the capital markets
Experience with MS Office Suite
Basic knowledge of Bloomberg is an advantage
3 - 5 years of work experience required
In process of or have already obtained a CFA or MBA a plus
Skill to analyze large data sets and prepare conclusions for senior management
Problem solving capabilities
Detail oriented and well organized
Self-Starter with strong desire to learn and grow within the team
Strong work ethic
A collaborative team player
Comforta ble with a geographically dispersed team
/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 / Affirmative Action 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 in employment decisions on the basis of any protected category./
/A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it’s the bank’s policy to only inquire into a candidate’s criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses./
Title: Treasury Fixed Income Associate
Location: CALIFORNIA-San Francisco
Requisition ID: 10022202-WD
Other Locations: CALIFORNIA-Los Angeles