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Senior Quantitative Analyst

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  • Requisition # Req #176
  • Job Type Salary
  • Date Posted 05/25/2022
  • Location Toronto, ON

Your potential. Your opportunity.

Join a financial group that’s as committed to your future as you are. At MUFG, we share a vision for our future, we share our successes, and we strive to bring out the best in each other in everything we do. As the 5th largest bank in the world, our diverse team is connected by a common ambition to create change for the better—from forging more dynamic career paths to driving progress in our communities, to continuously reshaping the standards of global financial services. Positive impact starts here; see the change you can make as we strive to become the world’s most trusted financial group. 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 over 2,700 locations in more than 50 markets. The Group has over 180,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. MUFG aims to “be the world’s most trusted financial group” through close collaboration among our operating companies and flexibly responding 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, Nagoya, and New York stock exchanges. For more information, visit

Senior Quantitative Analyst

Job Summary

The role will support the Director in the Wholesale CreditModeling Team within the Credit Strategies Group (CSG) in a challenging butintellectually interesting and collegiate environment. The primaryresponsibilities will be related to supporting increased global collaborationbetween CSG and Tokyo Head Office in globalizing wholesale credit modeling,making regional models more agile and consistent with market trends andregulatory expectations. The position will require frequent interactions withLines of Business, Credit Administration and Regulators.

Key Accountabilities

Model Development and Maintenance

  • Leading the development and maintenance of models for creditrating, credit loss, and stress testing.
  • Developing reports and presentations for the Group Managerand Senior Management.

Model Governance

  • Leading the interactions with model governance teams todevelop methods and metrics for ensuring all models continue to perform asexpected and within ranges agreed to by internal model audit and modelmanagement committees.
  • Solving model issues in a timely manner.

Develop and Maintain Key Contacts:

  • Collaborating closely with business line and risk managersto assess and manage firm wide risk management.

New Initiatives

  • Applying strong risk knowledge to solve problemsindependently, without relying on daily supervision.
  • Providing support to the Group Manager on other initiativessuch as Machine Learning rating model.

Team Management

  • Leading a (tentative) 3-person team to cover multipleprojects simultaneously.
  • Training and motivating the junior staff to achieve theirpotentials and career goals.

Technical Skills

  • Exceptional skills in quantitative methods and computertechnology, including statistical analysis, and computer modeling, arenecessary.
  • Excellent interpersonal and presentation skills are a must,including; the ability to lead and facilitate dialogue with business partnerson key risk measurement issues, and the ability to collect pertinent dataquickly and without unnecessary intrusion.
  • Strong skills in quantitative methods and computertechnology, such as Python, R and SAS required.

Experience & Abilities

  • 5+ years of relevant credit risk experience in the bankingindustry required.
  • Prior Basel II (PD/LGD/EAD rating models) experience isrequired.
  • Prior managerial experience is required.
  • Stress testing experience a significant plus.
  • Attention to detail

Education & Training

  • Bachelors degree or higher in statistics, finance, or otherquantitative field. Advanced degree preferred.

Working Environment

  • Office and WFH Hybrid
Notice: The above information on this job description has been described to indicate the general nature and level of work performed by incumbents. Other duties and responsibilities not specifically described may be assigned from time to time, consistent with knowledge, skills and abilities of the incumbent. Company Chartered in 1981 and assuming its current identity as MUFG Canada Branch, our Canadian Branch is the premier Asia-based global bank in its market. We serve local and Japanese clients from the Atlantic to the Pacific with financial expertise across a number of key industries such as oil and gas, pipelines, power generation, automotive, transportation, and telecom. The receipt of this application by MUFG Bank, Ltd., Canada Branch (“MUFG Canada Branch”), does not imply or guarantee employment. MUFG Canada Branch is an equal opportunity employer. We do not discriminate in hiring or in any other aspect of employment on the basis of the grounds enumerated in the Canadian human rights act. In addition, MUFG Canada Branch complies with applicable laws prohibiting discrimination in employment in every jurisdiction in which it maintains facilities. MUFG Canada Branch provides accommodation to individuals in accordance with the requirements outlined in the Canadian human rights act and the Canada Labour Code.©2020 Mitsubishi UFJ Financial Group, Inc. All rights reserved. The MUFG logo and name is a service mark of Mitsubishi UFJ Financial Group, Inc., and is used by MUFG Bank, Ltd., Canada Branch, with permission.

Other details

  • Pay TypeSalary
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