Analyst - Counterparty Instrument and Market Data [T500-22002]

About Us:

MUFG Bank, Ltd. is Japan’s premier bank, with a global network spanning in more than 40 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. MUFG Bank’s parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, the Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to be the world’s most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges.

MUFG Global Service Private Limited:

Established in 2020, MUFG Global Service Private Limited (MGS) is 100% subsidiary of MUFG having offices in Bengaluru and Mumbai. MGS India has been set up as a Global Capability Centre / Centre of Excellence to provide support services across various functions such as IT, KYC/ AML, Credit, Operations etc. to MUFG Bank offices globally. MGS India has plans to significantly ramp-up its growth over the next 18-24 months while servicing MUFG’s global network across Americas, EMEA and Asia Pacific.

The Information and Data Management (IDM) department is responsible for master data management and MI production across all international subsidiaries of MUSHD and EMEA region for MUFG Bank. The mandate for the department is to:

• Develop a business led, technology enabled data strategy and roadmap for delivery of data management target state
• Develop a data governance framework and establish data related policies and procedures to improve the value of data as an enterprise asset
• Source, validate and maintain master data repositories of market and reference data
• Agree data quality standards with business owners and track metrics and continuously improve data processes
• Investigate and analyse data issues, identify the root cause and recommend control improvements
• Develop and support an MI platform optimised for the aggregation of data and the reporting of processed and analysed information
• Deliver accurate, timely and insightful MI to the international business to support executive decision making and to meet statutory and regulatory reporting requirements.
• The team operates internationally with staff currently based in London, New York and Hong Kong.

The Master Data Management team in London has two main functions:

• Market Data:

  Includes EOD pricing, IPV prices, time series and curve maintenance

• Reference Data:

  Includes counterparty, common reference, instrument and organisational data.

Main Purpose of the Market Data Role:

The successful candidate will play a key role in the daily market data process by ensuring market data is processed in a timely and accurate fashion, while driving improvements and facilitating change. Our team is responsible for all types of market data across all asset classes providing an excellent opportunity for exposure to Front Office, P&L, Operations and Risk management functions. The implementation of a strategic Enterprise Data Management system where our team is playing a key support role provides the opportunity to the individual to contribute to the successful path towards an international data model which is essential for the firm’s success.

Key Responsibilities:

• In this role, you will be responsible for instrument and other reference Data processes across MUFG’s banking arm and securities business under a dual-hat arrangement. Under this arrangement, you will act and make decisions on behalf of both the bank and the securities business, subject to the same remit and level of authority, and irrespective of the entity which employs you.
• To work as a team member in the Reference Data function within the Information Data Management department
• Responsible that all instrument and other reference (e.g. calendar, organisational) data captured and set up daily both from internal and external sources is accurate and timely before its distribution to the various business areas, functions and systems
• Responsible for ensuring that data-production processes data which adheres to the definition, standards, and quality rules agreed with stakeholders
• Responsible to take ownership of assigned data issues and ensure that data issues are identified, prioritized, tracked and resolved while liaising with Stakeholders
• Responsible for delivery of timely and relevant instrument and other reference data metrics to track performance against key SLAs and other KPIs as specified by stakeholders and business process owners
• Responsible for the enhancement of instrument and other reference data production processes, through working with our stakeholders including Technology teams to improve data validation processes, enhance efficiency, reduce operational risk and optimise existing wherever possible, strategic systems and data sources.
• Responsible for contribution to business analysis in support of strategic system implementations and other firm-wide projects relating to instrument and other reference data processes
• Responsible to maintain desk procedures up to date in an effort to improve team coverage and efficiency
• Build positive and pro-active working relationships with the key stakeholders across the business

Skills and Experience:

• A minimum of 2:1 (or equivalent) in a Bachelor’s degree
• Strong Microsoft Office skills (Excel essential, VBA beneficial)
• Practical / working knowledge of instrument set up across asset classes with a focus on fixed income and derivatives
• Desirable system experience; Murex, Markit EDM, Bloomberg, Gloss
• Experience of working with stakeholders at various levels

Personal Requirements:

• Excellent communication and interpersonal skills
• Results driven, with a strong sense of accountability
• A proactive, motivated approach
• The ability to operate with urgency and prioritise work
• Team player with a professional approach
• A structured and logical approach to work
• Excellent attention to detail and accuracy
• Strong analytical/numerical skills