Vice President, Rates Desk Quant

MUFG Bank, Ltd; New York (NY); On-site; USD 200,000 - 220,000; Full time

Benefits offered by this job

Comprehensive health and wellness benefits

Retirement plans

Educational assistance

Job summary

A leading financial institution seeks a Vice President, Rates Desk Quant for its New York office. The candidate will develop pricing and analysis tools for interest rate derivatives while collaborating with traders. Required qualifications include a Bachelor's degree in a scientific field and a minimum of 5 years of relevant experience. This full-time position offers a competitive salary range of $200K - $220K and potential bonuses, alongside a comprehensive benefits package.

Qualifications

• Minimum 5 years of experience with interest rate derivatives.
• Experience working directly with front office sales & traders.
• Resilient under pressure in fast-paced environments.

Responsibilities

• Develop pricing, risk & analysis tools for the interest rate derivatives S&T desk.
• Assist to generate revenue through research and optimization.
• Investigate P&L variance and risk discrepancies.
• Engage with front office to understand business requirements.
• Monitor server processes for accuracy.

Skills

Interest rate derivatives knowledge

Advanced Excel/VBA skills

Programming in Python/C#/C++

Strong analytical skills

Communication skills

Education

Bachelor’s degree or higher in Mathematics, Physics, Engineering, or Computer Science

Job description

Vice President, Rates Desk Quant page is loaded## Vice President, Rates Desk Quantlocations: New York, NYtime type: Full timeposted on: Posted Todayjob requisition id: 10075235-WDDiscover 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.The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.**Key Responsibilities:*** Develop and support pricing, risk & analysis tools for the interest rate derivatives S&T desk* Assist S&T desk to generate revenue through research, optimization, improved efficiencies, etc.* Investigate and resolve issues such as P&L variance, risk discrepancy, complex pricing inquiry* Engage directly with front office to understand business requirements and communicate timelines* Monitor daily server processes to ensure accuracy and stability* Adapt quickly to changing priorities and deliver ad-hoc solutions when necessary* Work closely and share knowledge with global quant team**Skills and Experience:*** Bachelor’s degree or higher in a scientific field such as Mathematics, Physics, Engineering, or Computer Science* Minimum 5 years of experience working with interest rate derivatives (swaps, swaptions, capfloors, futures, future options, etc.)* Experience working directly with front office sales & traders* Strong knowledge of financial markets with emphasis on interest rate products* Advanced Excel/VBA development skills* Programming skills in Python/C#/C++* Technical mind set with high attention to detail* Self-motivated with strong organizational skills* Resilient and able to deliver under pressure in fast-paced environment* Good written and verbal communication skillsThe typical base pay range for this role is between $200K - $220K depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.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 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 on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.