AVP, Market Risk manager

CFA Institute; Amsterdam; Hybrid; EUR 110,000 - 140,000; Full time

Benefits offered by this job

8% holiday allowance

13th month salary

30 vacation days per year

Remote working policy

Commuting allowance

Job summary

MUFG Bank Europe N.V. in Amsterdam is seeking an AVP Market Risk Manager with a strong data governance background to oversee data quality, reconciliation and issue management across Market and Liquidity Risk.

You will support BCBS 239 remediation, collaborate with Technology and business stakeholders to improve data flows and controls, and deliver clear management information on data quality metrics and remediation progress. Fluent English is essential.

Qualifications

• Academic background in data science, econometrics, economics, finance, statistics, computer science or related field.
• Strong data governance knowledge and ability to improve data controls.
• Fluent English communication and advanced analytical skills.

Responsibilities

• Investigate, analyse and resolve data quality and reconciliation issues across market and liquidity risk.
• Serve as primary data-related contact for incidents, root cause analysis and remediation activities.
• Develop and maintain data quality controls, monitoring processes and reconciliation frameworks.

Skills

Data governance

Analytical mindset

Fluent English

Education

Bachelor's degree in Data Science / Economics / Finance

Tools

Excel VBA

SQL

Python

Job description

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups. Across the globe, we're 150,000 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.

Would you like to work for one of the World's largest banks in an exciting, dynamic and international environment?

We are currently recruiting for an AVP, Market Risk Manager in our Risk division in Amsterdam.

About MUFG Bank (Europe) N.V.

MUFG Bank (Europe) N.V. (MBE) is a fully-owned subsidiary of MUFG Bank, headquartered in Amsterdam. With offices throughout Europe, our teams provide clients with comprehensive financing solutions spanning Coverage & Structured Finance, Capital Markets and Transaction Banking, using MUFG's global reach to provide bespoke solutions. With 73 green, sustainability, sustainability-linked and transition bond tranches in 2021 and 51 sustainability-linked loans in EMEA in 2021, MUFG is committed to supporting clients to achieve sustainable business growth.

Please visit our website for more information - https://www.mufgemea.com/mbe

Your impact at MUFG

MBE is strengthening its data quality and governance capabilities to support key regulatory and transformation initiatives. We are looking for a Market Risk Manager, Assistant Vice President (AVP) with a strong analytical background to oversee data quality, reconciliation, and issue management across Market and Liquidity Risk, supporting initiatives such as ECB Readiness and BCBS 239 remediation. The role will help improve data controls, ownership, and operational efficiency across MRM and will act as a Data Steward for the Risk domain.

Function positioning

The MRM function includes supervision of both market risk and liquidity risk within MBE. Reliable, complete and timely data is a key foundation for effective risk management. As regulatory expectations continue to increase, MBE requires strong governance, oversight and control of data used within market and liquidity risk processes.

The MRM team is increasingly involved in resolving data quality, reconciliation and data lineage issues that directly impact risk reporting, stress testing, regulatory submissions and risk management activities. The AVP will play a key role in improving data ownership, strengthening controls, and enhancing data quality across MRM processes and systems.

The MRM team is part of the Risk Management Function which is responsible for:

• Identification, assessment, monitoring and evaluation of all risks in the bank;
• Support and advice in design and deployment of the overall risk management framework, including risk culture, policies, appetite and limits;
• Challenge and escalation of risk and/or control issues to the Management Board.

The Role Includes The Following

• Investigate, analyse and resolve data quality and reconciliation issues impacting market and liquidity risk processes;
• Act as the primary point of contact within MRM for data-related incidents, root cause analysis and remediation activities;
• Develop and maintain data quality controls, monitoring processes and reconciliation frameworks;
• Support BCBS 239 remediation activities, including data lineage documentation, control enhancements and implementation of data governance standards;
• Collaborate with Technology, Data Management Office and business stakeholders to improve data flows, interfaces and data quality processes;
• Support data validation and reconciliation activities and other strategic change initiatives;
• Analyse large datasets to identify data quality trends, inconsistencies and control weaknesses;
• Produce clear and meaningful management information on data quality metrics, issues and remediation progress;
• Support regulatory reviews, internal audits and data-related requests from supervisors;
• Assist in other ad-hoc assignments and projects within the MRM team.

In order to be successful in the role, you will need the following:

• Academic degree in Data Science, Econometrics, Economics, Finance, Statistics, Computer Science or another relevant discipline;
• At least 5 years of experience in banking, financial services, risk management, data management or advisory roles;
• Experience investigating data quality, reconciliation or data governance issues within a financial institution;
• Understanding of data governance principles, data lineage, data controls and BCBS 239 requirements;
• Experience working with market risk, liquidity risk, treasury or finance data is preferred;
• Advanced Excel (VBA), SQL and Python knowledge is preferred;
• Experience analysing large datasets and identifying data quality issues through quantitative techniques;
• Knowledge of banking products and regulatory reporting processes is desirable;
• Fluent English language skills;
• Strong analytical and problem-solving skills with a high attention to detail;
• Excellent written communication and presentation skills, with the ability to explain complex issues in a structured and clear manner;
• Team player with the ability to collaborate across business, risk, technology and data functions in a diverse international environment;
• Professional certification such as CFA, FRM or relevant data management qualifications is considered a plus.

Personal Requirements

Integrity and Responsibility

• Balance Risk with Opportunity
• Customer Focus
• Demonstrate Global Perspective

Professionalism and Teamwork

• Drive For Results
• Collaborate and Build Partnerships
• Communicate Effectively and Professionally

Challenge Ourselves To Grow

• Influence and Inspire Others
• Lead Change & Seek Continuous Improvement
• Think Strategically
• Manage and Develop Talent

What Do We Have To Offer

We offer you a role in one of the largest banks of the world in a growing and international environment. You have various opportunities to develop yourself and we will support you with that by offering various training and development possibilities.

• We take into account your home situation and your ambitions and help you to balance work and private life.
• To work in an ambitious, international environment with colleagues from different countries and cultures, who strive for the best.

Besides That We Will Offer You

• Gross salary based on experience and consistent with the market
• 8% holiday allowance and 13th month payment.
• 30 vacation days per year. Optional you can buy 15 additional days.
• Commuting allowance based on annual public transport 2nd class, most economical way, or € 0,23 per km with a max of 75km one way.
• €5,00 net remote working compensation per day, with a maximum of €60,00 per month.
• Possibility to order a mobile phone (up to €800,-)
• Possibility to order Office Equipment's for the home office, (up to €500,-)
• Remote Working Policy i.e. Working From Home (WFH) and Remote Working in another Country.
• Bicycle plan (fiscal benefit)
• Company fitness (fiscal benefit)
• Mental health workshops and budget for external courses (i.e. Dutch language classes).
• Employee contribution towards Pension insurance (max 5%, currently 2%), our pension scheme is based on a defined contribution scheme.
• Training & development possibilities paid by the bank

Additional Information

Acquisition in response to this vacancy is not appreciated.

The role is based in the Netherlands. All candidates need to be willing to relocate to the Netherlands. Internal employees will be supported in case of relocation.

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.