Job Location : New York,NY, USA
Direct message the job poster from Mitsubishi UFJ Trust and Banking Corporation, New York Branch.
• Perform all processes related to margin call, portfolio reconciliation and margin settlement with counterparty in accordance with the margin regulations for non-centrally cleared derivatives. Due to time difference between Tokyo and New York, this position is to collaborate with Tokyo Head Office to assume processing from them for any remaining margin call, margin negotiation and settlement for the day with counterparties.
• Execute processes related to securities, security asset pledge, and repo daily operations.
• Assist derivative operations with knowledge of Dodd-Frank Act for Legacy and Cleared swap/CDS/CDX clearings, rate reset, SWIFT MT2xx, and futures/options operations.
• Conduct any special projects such as UAT for new application/system and other duties as assigned by management.
• Responsible for the timely updates of department's policies and procedures and to ensure the procedures are in compliance with any applicable regulatory requirements.
• Based on changes in the business work environment, job responsibilities can change, and removed accordingly. Additionally, this position will perform other duties as required, and participate in special projects as deemed necessary and appropriate by Management.
Skills & Requirements
Education: Bachelor's Degree.
Experience: 4-6 years of relevant work experience.
• Must possess good understanding of the operational procedures for both collateral and margin management and market products.
• Working knowledge of settlements for cash and bonds (wire transfer and bonds settlement through custodian).
• Familiar with collateral management systems such as Access Edge, Tri-Resolve.
• Familiar with Swift 54x, Fedwire, DTC, Euroclear security settlement, coupon reset & processing, corporate actions, and repo margin call & claim settlement.
• Team player with good communications and writing skills.
• Must be self-motivated, responsible and result-oriented and shows flexibility in dealing with changing situations.
• Strong communication skills both verbal and writing, with attention to detail.
• Ability to multi-task and a fast learner.
• Proficient in Microsoft Excel, Microsoft Word, and other Office products.
• Must be versatile, able to work effectively independently or as part of a team on multiple projects simultaneously.
• Flexible to work beyond regular office hours at times based on business needs.
The typical base pay range for this role is between $80K - $95K depending on job-related knowledge, skills, experience and location. Additionally, our Employee Benefit 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, 401(k) retirement and savings plan, educational assistance and training programs, paid maternity and parental bonding leave, and paid vacation, sick leave, and holidays.
Mitsubishi UFJ Trust and Banking Corporation, New York Branch ( MUTB-NY ) is an Equal Employment Opportunity Employer.
If you are interested in applying, please provide your resume to: [email protected]
Seniority level