Chief Financial Officer - Wholesale Banking Business UnitApply Now
- Requisition # 10039519-WD
- Job Type Day
- Location New York, NEW YORK
- Date Posted 11/03/2020
Your potential. Your opportunity.
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world with total assets of over $2.4 trillion (as ranked by SNL Financial, April 2016) and 140,000 colleagues in nearly 50 countries. In the U.S., we’re 13,000 strong, working together to positively impact every customer, organization, and community we serve. We achieve this by delivering on our values, putting people first, fostering long-term relationships built on honesty and mutual understanding, and inspiring the best in each other. This is all part of our inclusive, high-performing culture supported by Total Rewards that include our cash balance pension plan. Join a team that’s working to fulfill its vision to be the world’s most trusted financial group.
Reporting to the Chief Financial Officer, this senior management role is responsible for leading the finance management, controllership, and strategic planning in support of Wholesale Banking business lines including Wholesale and Investment Banking, Transaction Banking, and Asian Corporate Banking. This position also has management responsibility for the MUSA Finance and Latin America Finance. As Wholesale CFO, responsibilities also include statutory responsibilities for MUFG US Branches and MUFG Securities USA with combined $240BLN in assets.
- Lead the organization in the continual improvement of the balance sheet, NII, NIM, expenses, NOI, ROA and ROE forecasting process; develop cohesive working relationships and provide advice and guidance to process contributors.
- Strategize with senior management on opportunities to optimize risk-weighted returns; assist CFO with monitoring financial results and establishing long range goals and performance measurements for the lines of business.
- Provide PM leadership to ensure key financial initiatives are maintained on track and are completed according to plan, both in terms of timing and budgetary constraints; resolve resource conflicts as they arise and establish a status and escalation mechanism for communicating to senior management.
- Lead team in providing financial analysis and reporting, discuss financial trends, and ensure the timely preparation and analysis of budgets and forecasts.
- Develop the skills and abilities of all team members, resulting in performing at their highest potential and optimizing their current and future job performance.
- Build strong alliances with other departmental managers in order to effectively communicate priorities and areas of financial opportunity and ensure company-wide initiatives are properly addressed.
- Ensure key macroeconomic and internal pricing factors are incorporated in the forecast and support executive team with multiple scenario views and options.
- Lead the financial forecast (including balance sheet, capital, and income statement results) and maintain a close understanding of business risks and opportunities.
- Develop financial summaries, analysis of business unit results, initiate enhancements and quality improvements to ensure the process provides the senior team with a tool to better understand the key financial and business metrics.
- Lead and participate in business process improvement efforts.
- Support the financial closing process, including flash earnings estimates of expected company-wide performance, as well as ad-hoc financial analysis. Coordinate with central finance on key financial and business result updates to key stakeholders.
- Oversee and directly lead the process of defining, mapping out at a strategic level, supporting and providing leadership of projects and initiatives with the end result being actionable strategic plans that result in successful implementation and achievement of the plan objectives.
- Projects may include organizational development, mergers and acquisitions, evaluation of new markets, products and servicing models, organizational assessments, process reengineering, etc., with both a macro and micro view of the projects and line of business goals and objectives.
- Major responsibilities include developing strategies that align with the goals of the enterprise and other lines of business, identifying and prioritizing initiatives/projects that will lead to achieving the strategic objectives, and leading the projects/initiatives teams through definition, planning, and provide leadership during execution stages.
- BS/BA in Finance, Business or Accounting required; MBA, CFA, or CPA desired.
- 20+ years of progressive finance experience with FP&A experience in large, complex banking or financial institutions.
- Extensive knowledge of forecasting and budget planning cycles.
- Ability to anticipate, identify and resolve complex financial issues.
- Demonstrated ability to oversee company-wide management reporting, forecasting, and budgeting processes.
- Possess excellent communication skills and comfort interfacing with all levels of management.
- Must be effective at summarizing financial information.
- Track record of success in leadership and a demonstrated ability to attract, motivate and retain talent in all relevant functions.
- Well organized, disciplined planner and implementer with sound strategic judgment, thinking and vision.
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/Affirmative Action 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 in employment decisions on the basis of any protected category.
A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it’s the bank’s policy to only inquire into a candidate’s criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses