Associate FX Desk, Treasury
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.
Job Description
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 Associate, FX Sales Dealer for our Treasury Division in Amsterdam.
About MUFG
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,000 locations in more than 40 countries. 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 world’s most trusted financial group” through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo and New York stock exchanges. For more information, visit https://www.mufg.jp/english.
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
As an FX Sales Dealer you will manage the Foreign Exchange (FX) business from new or existing customers within a diverse range of market sectors in a wide variety of currencies, in order to generate income for MBE.
Function positioning
FX sales desk forms part of MBE Treasury Division, which is responsible for management and control of FX trading position, the relationships with customers and bank counter parties with which MBE undertakes treasury business, and the resultant cash flows in order to make profit and maintain the stable reputation in the market.
You will report to the head of the FX Sales desk in Treasury Division and/or the Head of Treasury Division in his/her absence.
The role includes the following:
Deal with customers, relevant departments and offices of the MUFG Group by generating and distributing market information relevant to our corporate and institutional clients’ activity and interests
Contribute to the completion of the team’s workload and support team members.
Enhance the quality of operations in close communication with relevant departments, branches, and customers, enhance the skill to the members of FX Sales Desk.
Initiate FX positions within notified trading limits to achieve personal or team’s profit target.
Identify new FX business opportunities through attraction of new customers or cross-sales to existing customers in cooperation with RMs, Primary offices, EGMD, and relevant divisions in Japan and other countries.
Pursue accurate customer treasury business execution and relevant business administration.
Record and monitor FX positions and ensure these are within the Bank's stated credit limits for counter parties.
Support the Division Head in a variety of matters such as budget control, operations, legal ,system environment and others
Ensure compliance with the Bank’s rules, policies, procedures and guidelines together with all relevant regulatory and statutory requirements.
The tasks described above, apply to Treasury activities in Amsterdam, Vienna, Brussels, Germany, and Spain Branch of MBE. Regular visits to these branches and our customers are part of the responsibility of FX sales desk.
In order to be successful in the role, you will need the following:
Skills and experience:
University degree.
At least 2-3 years of relevant working experience within FX business
Verbal and written communication skills in English and German are essential. Dutch, Japanese, or other language skills are also appreciated.
Experience working with Japanese corporates or within a Japanese company is highly preferred.
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.
Monthly team events.
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.