Assistant Vice President, Derivative Confirmations - London, United Kingdom - MUFG Securities EMEA plc

MUFG Securities EMEA plc

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

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Description

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.

MUFG (Mitsubishi UFJ Financial Group) is one of the world's leading financial groups.

Headquartered in Tokyo and with approximately 350 years of history, MUFG is a global network with around 2,300 offices in over 50 countries including the Americas, Europe, the Middle East and Africa, Asia and Oceania, and East Asia.

The group has over 150,000 employees, offering services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.

As one of the top financial groups globally with a vison to be the world's most trusted, we want to attract, nurture and retain the most talented individuals in the market.

The size and range of MUFG's global business creates opportunities for our employees to stretch themselves and reap the rewards, whilst our common values, to behave with integrity and responsibility, and to build a culture which is fair, transparent, and honest, underpin everything that we do.

We aim to be the financial partner of choice for our clients, whatever their requirements, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

MUFG's shares trade on the Tokyo, Nagoya, and New York (

NYSE:
MTU) stock exchanges.

The group's operating companies include, but are not limited to, Bank of Tokyo-Mitsubishi UFJ, Mitsubishi UFJ Trust and Banking (Japan's leading trust bank), Mitsubishi UFJ Securities Holdings (one of Japan's largest securities firms), and MUFG Americas Holdings.

The Operations division is core to all of MUFG's business activities.

With employees based in London, New York and Hong Kong, the function consists of five pillars Middle Office, Business Management, Transaction Processing, Clearing and Settlement, and Operational Control.

A diverse product range is covered including Equities, FX, Fixed Income, and Derivatives.

The division has a wide range of responsibilities including oversight of the business and our ability to achieve strategic goals via our change program; interface to the business, customer, branch and agent network; managing the processing lifecycle for trades and transactions from the single touch, single entry items through to the complex, multi-entry trades; providing a shared service/utility function by receiving the output of Transaction Processing and executing the cash and/or clearing of processed transactions; independent control function ensuring Transaction Processing and Clearing & Settlement Services execute appropriate controls to mitigate regulatory and operational risks.

Operations also plays an instrumental role in business development and the introduction of new products and markets

MAIN PURPOSE OF THE ROLE

The Confirmation team provide support to MUFG Bank, MUFG Securities EMEA plc and MUFG Securities (Europe) N.V., Sales and Trading groups, facilitating accurate and timely confirmation of all (non-electronic platform) OTC Derivatives, as well as providing pre and post trade technical guidance and expertise with regards to interpretation and drafting of templates and pre-trade confirmations.

The team acts as an important link between the Front Office, market counterparts and Legal Dept. and is key to ensuring transactions are accurately confirmed, matching both economic intention as well as trade bookings.

The role demands a high level of external client focus in order to efficiently satisfy their diverse range of requirements and provide a service which out performs our immediate competitors.

The role demands attention to detail and the ability to perform a diverse multitude of pre and post trade execution tasks to support our internal and external client needs and requires strong derivative knowledge, technical expertise and understanding of the relevant ISDA/FBF/DRV definitions and a clear understanding of front to back transaction workflows and their associated controls.

KEY RESPONSIBILITIES

Dispatch and execution of confirmations for OTC derivative transactions, in accordance with applicable regulatory deadlines.
Affirmation, chasing and validation of counterparty confirmations, ensuring all