MUFG

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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.
MUFG, one of the world’s most respected financial groups, is seeking a Model Validation Vice President to join their EMEA Model Risk Management team in London. This is an exceptional opportunity for you to contribute your expertise in quantitative modelling and model validation within a globally renowned organisation that values integrity, transparency, and shared growth. As part of MUFG’s commitment to nurturing talent and fostering long-term relationships, you will be empowered to stretch your skills across diverse asset classes and models, with a particular focus on PFE &amp; XVA types. You will work closely with risk analytics professionals and front office quants, ensuring robust model governance and compliance with regulatory standards. MUFG offers a supportive environment where your analytical abilities and collaborative spirit will be highly valued, and where you can make a meaningful impact on the group’s risk management framework.
<ul>
<li>Join MUFG’s EMEA Model Risk Management team in London, contributing to independent model validation across all asset classes with a focus on PFE &amp; XVA models.</li>
<li>Work within a global network that prioritises integrity, responsibility, and transparent culture, offering opportunities for professional growth and development.
Collaborate with risk analytics experts and front office quants, ensuring models are validated in line with industry best practice and regulatory requirements.</li>
</ul>
What you'll do:
As Model Validation Vice President at MUFG in London, you will play a pivotal role in safeguarding the integrity of the group’s risk management framework through rigorous independent validation of quantitative models. Your day-to-day activities will involve designing challenger models, conducting thorough reviews of frameworks and assumptions, testing numerical implementations, and preparing comprehensive reports for oversight committees. Success in this role requires not only technical proficiency but also strong interpersonal skills as you collaborate with colleagues across departments. You will be responsible for ensuring that all models meet regulatory standards while proactively identifying areas for improvement. By tracking remediation actions and staying abreast of industry advancements, you will help drive continuous enhancement of MUFG’s modelling capabilities. Your contributions will directly support the group’s mission to build long-term client relationships based on trust and shared growth.
<ul>
<li>Conduct initial and periodic validation of quantitative models used across various asset classes, ensuring adherence to regulatory requirements and industry best practices.</li>
<li>Design, model, and prototype challenger models independently to provide alternative perspectives on existing methodologies.</li>
<li>Perform comprehensive quantitative analysis and review of model frameworks, assumptions, input data, and results to ensure accuracy and reliability.</li>
<li>Test numerical implementations of models thoroughly while reviewing associated documentation for completeness and clarity.</li>
<li>Check compliance with governance requirements by evaluating processes against established standards and policies.</li>
<li>Document findings meticulously in validation reports, including raising recommendations for improvements to enhance model performance or mitigate risks.</li>
<li>Ensure timely tracking of remediation actions following validation recommendations to maintain high standards of model quality.</li>
<li>Prepare detailed model risk reporting for presentation to Model Oversight Committees and the Board, supporting effective decision-making.</li>
<li>Collaborate closely with Risk Analytics teams and Front Office quants to facilitate knowledge sharing and support ongoing model enhancements.
Stay informed about the latest technical developments in financial mathematics, pricing methodologies, and risk modelling techniques.</li>
</ul>
What you bring:
To excel as Model Validation Vice President at MUFG, you will bring proven experience in quantitative modelling—particularly within counterparty credit risk or derivatives pricing—and have demonstrable expertise working with xVA models. Your academic background should include advanced studies in mathematics or related fields. You are comfortable implementing complex models using programming languages such as Python or R, applying simulation techniques effectively. Your familiarity with data science concepts enables you to analyse large datasets accurately while maintaining awareness of evolving industry standards. Beyond technical skills, your ability to communicate clearly ensures that findings are understood by stakeholders at all levels. You approach tasks methodically with keen attention to detail; your collaborative nature supports knowledge sharing across teams. These qualities position you as an invaluable contributor within MUFG’s inclusive environment.
<ul>
<li>Experience in quantitative modelling (development or validation) within counterparty credit risk or derivatives pricing models.</li>
<li>Experience specifically developing or validating xVA models within a financial institution or similar environment.</li>
<li>A postgraduate degree in a quantitative discipline such as statistics, mathematics, mathematical finance or econometrics.</li>
<li>Strong background in mathematics and probability theory applied to finance contexts.</li>
<li>Proficient programming skills in Python or R (or equivalent), enabling effective implementation of complex models.</li>
<li>Solid understanding of simulation techniques and numerical methods relevant to financial modelling.</li>
<li>Good knowledge of data science principles and statistical inference techniques applicable to risk assessment.</li>
<li>Awareness of current technical developments in financial mathematics, pricing strategies, and risk modelling approaches.</li>
<li>Excellent written and oral communication skills for clear explanation of technical matters to both specialist and non-specialist audiences.
Meticulous attention to detail combined with a structured approach to problem-solving.</li>
</ul>
What sets MUFG apart:
MUFG stands out as one of the world’s leading financial groups with a rich heritage spanning over three centuries. Headquartered in Tokyo but operating globally—including more than 2,300 offices across 50 countries—the group is committed to building long-term relationships founded on trust. Employees benefit from exposure to diverse business lines such as commercial banking, securities, asset management, consumer finance, leasing services, and more. The company’s values emphasise integrity, responsibility, fairness, transparency, honesty—and these principles underpin every aspect of its operations. MUFG fosters an inclusive culture where talented individuals are nurtured through training opportunities and supported by knowledgeable leadership. The size and scope of its business create unique opportunities for personal growth while encouraging collaboration among teams worldwide. By joining MUFG’s London office at Ropemaker Place within the EMEA Model Risk Management division, you become part of an organisation dedicated not only to serving clients but also society at large—promoting sustainable growth for a better world.
What's next:
If you are ready to take your quantitative modelling career further within a globally respected organisation that values collaboration and integrity—this is your moment!
Apply today by clicking on the link provided.
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.

Vice President, Model Validation

Vice President, Model Validation

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