MUFG Union Bank CCAR Manager, Vice President in Los Angeles, California
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Reporting to the Head of Treasury Capital Management, the Capital Analytics and Reporting Manager is responsible for coordinating, managing and maintaining the Company’s capital and risk-weighted asset related forecasting processes. The Capital Analytics and Reporting Manager is also accountable for conducting and reporting on capital related analytics associated with current period and projected capital positions on a baseline, economic stress scenario, and ad hoc basis. The projection, reporting and analytics responsibilities extend to the Company’s requirements under the Federal Reserve Board’s (FRB) and Office of the Comptroller of the Currency’s (OCC) CCAR and DFAST supervisory requirements. The Capital Analytics and Reporting Manager performs a leadership role in collaborating with the other stakeholder groups within the Company in performing these functions; these groups include, but are not limited to, Financial Planning & Analysis (FP&A), Regulatory Reporting, Controllers, the Tax Department, and the Core CCAR team in meeting Treasury Capital Management's objectives. Capital Analytics & Reporting Manager will manage 2 to 3 FTEs.
25% Coordinate and manage the Company’s capital related monthly, quarterly and annual internal and regulatory DFAST/CCAR baseline and economic stress scenario projection processes in coordination with other Company-wide forecasting, stress testing efforts. These responsibilities include managing, creating and maintaining documentation of all required components of Treasury Capital Management’s owned processes and generated results in accordance with Company policies and control requirements.
25% Performing routine and ad hoc analysis to assess impacts on capital and earnings associated with of various capital results, projections, and strategies, including dividend and capital distributions, capital issuances, and acquisitions. Contributing towards the formulization of recommendations to executive management on capital optimization strategies and operating and contingent capital plans. Includes, but is not limited to, optimization of Tier 1 vs. Tier 2 capital, dividend policies, regulatory verses tangible capital, impacts on capital and earnings of various capital strategies, dividend and capital distributions, capital issuances, and acquisitions.
25% Draft and produce appropriate, timely and accurate reporting and presentation materials incorporating capital related analytics and key communication items and themes as required to meet regulatory, Executive Management and Board of Directors needs and expectations.
15% Responsible for researching and analyzing the requirements and impacts of changing regulations effecting quantitative capital management and reporting activities inclusive of international and U.S. regulatory Standardized and Advanced Approaches methodologies, supervisory range of practice expectations (ROPE), and other pertinent regulations and guidelines.
10% Collaborating with colleagues in Treasury Capital Management and Financial Planning and Analysis to build analytical capabilities and enhance the analytical tools used in forecasting and budgeting the Bank's capital positions, capital optimization, and dividend policies under current and proposed capital regulations.
10 years of financial and risk management experience, including capital forecasting.
Strong forecasting, planning and analytical skills required.
Requires direct work experience in managing and developing executive level communication and reporting.
3 to 5 years of working knowledge and understanding of economics and capital.
Thorough understanding of Basel III Standardized and Advanced Approaches regulatory capital required, with an understanding of capital related proposed changes preferred.
Demonstrable experience with complex spreadsheet models required. Moderate to excellent Word and PowerPoint skills.
Knowledge of Hyperion and other forecasting platforms desired.
Requires project management leadership skills. An ability to work with and across multiple departments.
Excellent presentation and written communication skills.
CPA or CFA a plus.
We are committed to leveraging the diverse backgrounds, perspectives and experiences of our workforce to create opportunities for our people and our business. Equal Opportunity Employer: Minority/Female/Disability/Veteran.
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.
Title: CCAR Manager, Vice President
Location: CALIFORNIA-Los Angeles
Requisition ID: 10010343-WD