Manager - Counterparty, Instrument and Market Data

About Us: MUFG Bank, Ltd. is Japans 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 Banks parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the worlds 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 worlds 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. MUFGs shares trade on the Tokyo, Nagoya, and New York stock exchanges. For more information, visit https:// www.mufg.jp/english 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 MUFGs global network across Americas, EMEA and Asia Pacific About the Role: Position Title: Manager - Counterparty, Instrument and Market Data Role Corporate Title: Assistant Vice President Reporting to: Vice President Location: Bangalore / Mumbai Job Profile Purpose of Role : The successful candidate will play a key role in the daily instrument and other reference data process by ensuring data is processed in a timely and accurate fashion, while driving improvements and facilitating change. Our team is responsible for all types of instrument 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 firms success. The Information and Data Management (IDM) department is responsible for master data management and MI production across all international subsidiaries of MUSHD and US 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 analyze data issues, identify the root cause and recommend control improvements Develop and support an MI platform optimized for the aggregation of data and the reporting of processed and analyzed 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 New York has two main functions: Market Data: Includes EOD pricing, and curve maintenance. Reference Data: Includes counterparty, common reference, instrument, and organizational data Main Responsibilities: In this role, you will be responsible for instrument and other reference data (e.g. calendar, organizational) processes across MUFGs 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 counterparty data (e.g., new client onboarding, booking accounts, SSI, legal data, regulatory classifications, client offboarding) captured and set up is accurate and timely before its distribution to the various business areas, functions, and systems Responsible for ensuring that counterparty, master & instrument 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 counterparty data metrics to track performance against key SLAs and other KPIs as specified by stakeholders and business process owners Responsible to support enhancement of counterparty, instrument & Market data production processes, through working with our stakeholders including Technology teams to improve data validation processes, enhance efficiency, reduce operational risk, and optimize 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 counterparty 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 Functional / Technical Competencies: 8 to 10 years of relevant experience. Strong Microsoft Office skills (Excel essential, VBA beneficial) Excellent practical / working knowledge of instruments 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 Education / Qualifications: A bachelors degree or equivalent Excellent communication and interpersonal skills Results driven, with a strong sense of accountability A proactive, motivated approach The ability to operate with urgency and prioritize work Team player with a professional approach A structured and logical approach to work Excellent attention to detail and accuracy Strong analytical / numerical skills Equal Opportunity Employer: The MUFG Group is committed to providing equal employment opportunities to all applicants and employees and does not discriminate on the basis of race, colour, national origin, physical appearance, religion, gender expression, gender identity, sex, age, ancestry, marital status, disability, medical condition, sexual orientation, genetic information, or any other protected status of an individual or that individual's associates or relatives, or any other classification protected by the applicable laws

Location: bangalore, IN

Posted Date: 11/23/2024