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 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.
MUFG offers high-quality market-making services to clients in the international credit markets. Our integrated credit platform across trading, sales and strategy provide services to support our debt capital markets franchise and investor client base, trading global credit and covering all major institutional investors.
Our team of nearly 100 professionals across London, New York, Hong Kong, and Singapore has trading expertise across all major corporate and financial bonds, covering:
Investment grade and crossover (Europe, US, Asia)High yield (US, Asia)Emerging markets (CEEMEA, Latin America, Asia)Asset swaps /Illiquid credit including hard and local currencies (Europe)CDS single name (Europe)Our growing presence in electronic trading on all major platforms, including Bloomberg ALLQ, MarketAxess and Tradeweb, ensures consistent and timely execution of all client corporate bond trades.NUMBER OF DIRECT REPORTS
0
MAIN PURPOSE OF THE ROLE
Trading US$ denominated debt issued by non-US companiesKEY RESPONSIBILITIES
Responsible for growing and maintaining secondary bond trading volumes and revenues in line with business targetsPartner with Sales teams globally to increase our profitable market share in the US$ Yankee bank sector with our core investor base.Collaboration and partnership with New York Trading desk and overnight traders in Hong Kong / Tokyo to leverage our global platform and service our global client base.WORK EXPERIENCE
Essential
Strong track record of building a Credit business, with relevant relationships that can be leveraged to build a US$ Yankee bank franchise at MUFGExtensive, expert knowledge of the Non-US bank and FI SectorAbility to manage US$ credit trading in a resource efficient, profitable manner, within parameters of Limits within Dealing Mandate and within MUFG’s Risk Appetite FrameworkSignificant Credit experience, in Buy or Sell sideConsistent PnL track recordFor Managerial/Senior roles
Experience leading high performing teams
SKILLS AND EXPERIENCE
Functional / Technical Competencies:
Essential:
Excellent Microsoft Office skillsPreferred:
Programming capabilities preferred.Education / Qualifications:
Essential
University degree (2:2 or above equivalent).PERSONAL REQUIREMENTS
A diligent, proactive and thoughtful risk managerA strong sense of accountability with a proactive, and solution focused approachExcellent communication and interpersonal skillsCalm approach, with ability to perform well in a high pressured environment, and deliver with focus on prioritiesStrong decision making and problem solving skills and an ability to articulate and justify approachA structured and logical approach to workDemonstrable sound judgementAn entrepreneurial, risk focused mindset A creative and innovative approach to workExcellent attention to detail and accuracyA team playerActs in accordance with MUFG’s Culture Principles, including for Risk Culture, and with due care as a Certified PersonFor Managerial/Senior roles
A confident and professional approach, with the ability and experience to lead, motivate and provide clear direction to your teamStrategic execution, acting with discretion andProvide support/mentor to Team members with less experience, including Graduates or new joinersThe ability to articulate, implement and promote the vision/strategy of Credit Trading Franchise.Act as Delegate, when required, including executing decisions and providing directions to Desk, Supervision duties or representing in senior management foraPERFORMANCE AND DUTIES
The role holder will be assessed in accordance with their employing entity’s performance framework and process with relevant input obtained from the dual hatting entity as relevant.
As duties and responsibilities change, the job description will be reviewed and emended in consultation with the role holder.
The role holder will carry out other duties as are within the scope, spirit and purpose of the role as requested by their line manager or Department Head.
MANAGING CONFLICTS OF INTEREST
The role holder will:
Have responsibilities for both MUFG Bank and MUFG Securities EMEA plc, as a dual hatted individual, as per the terms of the Dual-Hat Arrangement Agreement in place between the two entities.Be required to perform their duties and responsibilities on an entity neutral basis, without favourBe required to follow regulatory requirements applicable to ensure each business is appropriately supported and to maintain the legal entity integrity of each of MUFG Bank and MUS.Will be required to follow terms dictated by functional mandatesHave responsibility for identifying and resolving where there may be a difference or conflict in needs between MUFG Bank and MUFG Securities EMEA plc, escalating to their manager where required.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.