VP Trader

Responsibilities

• Accountable for ensuring day‑to‑day activities align with departmental strategy and meet financial and non‑financial targets.
• Adhere to departmental mandates, the Trader Charter and internal policies.
• Lead, direct and manage staff, ensuring they understand their responsibilities, comply with policies and embody the firm’s values.
• Manage and monitor book risks, controls and exposure limits set by Risk Management.
• Price accurately all new transactions and risk positions, using market‑leading pricing and hedging methodologies.
• Ensure compliance with regulatory requirements (Volcker, EMIR, MIFID, etc.) and firm risk appetite for all risk types.
• Escalate risk, regulatory and operational issues, protecting the firm’s reputation.
• Build and maintain strong relationships with Structured Trading Group stakeholders, global business and control teams.
• Contribute to direct budget expenditure management and partnership with GM, GCIB and JCIB teams for global business development.
• Price, trade with clients and manage risks for structured products, achieving assigned profit and loss targets.
• Develop and grow a sustainable, client‑focused, flow‑oriented business, leveraging the group’s customer franchise.

• Identify, monitor and act on risk across product/domain, escalating issues where applicable.
• Price accurately all new transactions and risk positions.
• Maintain and monitor all relevant risks (market, credit, operational, conduct and xVA) with approved limits.
• Ensure business conduct aligns with regulatory requirements.
• Escalate issues identified in the ordinary course of business, including risk management, regulatory compliance and operational risks.
• Protect and enhance the firm’s reputation in all activities.

• Deliver and grow a sustainable, client‑focused, flow‑oriented business.
• Maximise profitability from the group’s customer franchise.
• Partner with Sales, Trading and Research to deliver client‑meeting products.
• Work with other group parts to deliver franchise and business growth.

• Ensure compliance with internal risk and compliance requirements, controls and procedures.
• Follow all relevant policies and procedures, ensuring team members do the same.
• Lead, direct and manage staff to understand responsibilities, comply with policies and act in line with values.

• Build a high‑quality team through recruitment, restructuring and internal development.
• Ensure all staff are fully trained, understand job requirements and follow performance review procedures.
• Control delegated responsibilities, documenting and ensuring staff understand their duties.

• Maintain and enhance good working relationships with stakeholders regionally and globally.
• Practical, ownership based risk and controls, minimising operational and financial risks.
• Excellent communication skills and value‑adding team contribution, with experience in structured notes/exotic rates or credit.
• Auto‑gaining autonomy in risk management under senior traders, proactive framework improvement.

• At least 3 years of working experience at major financial institutions.
• Experience in managing significant risks in non‑linear derivatives.
• Experience pricing complex derivatives in Rates or Hybrid products.

• Track record of revenue and knowledge of financial markets, including derivatives.
• Good communicator, strong numerical skill and proficient Microsoft Excel.
• Diligent and disciplined in risk management.
• Ability to code.

• University Degree or equivalent work experience.
• Prefer Master Degree.

• Excellent communication skills, results‑driven, accountable and proactive.
• Operate with urgency and prioritise work accordingly.
• Strong problem‑solving and creative approach.
• Attention to detail, accuracy and calm performance in pressurised environments.

We are open to considering flexible working requests in line with organisational requirements.

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups.