MUFG Union Bank Head of GFCD Financial Investigations Operations Governance, Director in New York, New York
Discover your opportunity with MUFG Bank, 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.
Mitsubishi UFJ Financial Group, Inc. (“MUFG Group”).conducts banking and securities business in the Americas through various subsidiaries, including MUFG Bank, Ltd., New York branch, MUFG Bank, N.A., Mitsubishi UFJ Securities (USA) Inc. and MUFG Securities (Canada), Ltd..
Through these subsidiaries, MUFG is active throughout the international capital markets, focusing on fixed income, debt, equity, derivatives and structured products, and provides financial products and integrated services to both its own clients and those of the MUFG Group
The Americas Legal Department is looking for a trading agreements negotiator with experience in negotiating derivatives master agreements, repo and securities lending documentation. The role involves working with the documentation lawyers in the department, internal and external clients, in negotiating different types of derivatives documentation. We are looking for a versatile, dynamic team player with good quality prior experience in corporate and financial institutions and other sectors who can demonstrate all-round excellent technical, client care, organizational and communication skills together with an ability to manage conflicting perspectives in furtherance of legal risk management and optimized business flow.
Draft and negotiate trading agreements and related documentation, including ISDA Master Agreements, Credit Support documents , MSLAs, GMSLAs, MRAs and GMRAs between MUFG in the Americas and its customers across all counterparty sectors and jurisdictions relating to derivatives, repo and stock lending transactions.
Have a good understanding of ancillary documentation related to derivatives including netting opinions, novation agreements, guarantees and any other documentation incidental to the type of products.
Review confirmations and related matters with respect to a variety of asset classes. Execute other project work and research related to these products and as directed by line manager or as otherwise required.
Liaise with internal stakeholders in Sales , Credit, Risk Management and Operations.
Provide general support to other members of the legal team as required.
Maintain and update the trading agreements database.
Assist with ad hoc derivatives, repo and securities lending-related projects.
A good level of knowledge of, and practical experience of working in, the investment banking industry and experience in dealing with clients, counterparties and external legal counsel.
A minimum of two years prior experience negotiating documentation gained in-house within a similar role or in private practice
Sufficient general experience to understand the nature of new products related to any of the ISDA Master Agreements, the ISDA Credit Support documents as well as repo and securities lending, together with an ability to prepare and negotiate appropriate draft documentation quickly and while under pressure.
An ability to look at unfamiliar or new product areas and be able to analyze the relevant issues.
Ability to demonstrate a high degree of commercial awareness and to make sound judgement calls in a fast-moving business environment, together with an ability to identify and manage contractual risk.
An ability to recognise problematic issues and to plan and execute strategies for dealing with these.
Excellent communication skills and the ability to forge good relationships with internal and external stakeholders.
Excellent interpersonal and communication skills (written and verbal).
Ability to manage large workloads and tight deadlines .
Ability to work collaboratively on group projects and independently on individual assignments.
Excellent attention to detail and accuracy .
Strong analytical and problem-solving skills.
Flexible, pragmatic and professional approach to work.
Excellent organizational skills.
Bachelor’s degree (as a minimum).
/ 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. /
Job: *Risk & Compliance
Title: Head of GFCD Financial Investigations Operations Governance, Director
Location: NEW YORK-New York
Requisition ID: 10022743-WD