About the position
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups. Across the globe, we're 120,000 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. The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day.
Responsibilities
- Ensure prompt review and monitoring of workflows of the Unit, assist VP in running daily operations and controls, and ensure timely release of transactions.
- Ensure accurate processing of transactions and proper booking of exposure and release of payment.
- Ensure the instructions from front/middle offices and Standard Operating procedures are properly executed in accordance along with Standard Service Level Agreement.
- Enforcement of all operational procedures and controls.
- Monitor the daily operations of the Supply Chain Finance Section and workflow supervision.
- Assign work to affected staff members, setting priorities, time limits and critical task objective.
- Ensure output satisfies corresponding process requirements and priorities.
- Reconcile and account for all incoming items/work and 'processed output' in accordance with established procedures and controls.
- Review and oversee pending transactions, documents, discrepancies, overdue and/or delinquent transactions, section's output reports, records and files.
- Provide timely support to new business initiatives of all SCF transactions.
- Coordinate and ensure all Supply Chain Financing transactions are processed, released and reconciled promptly against front office instructions and System of record.
- Review transaction processing and pending Queues in various systems and ensuring that all transactions are processed and releases as requested.
- Provide technical support and guidance to staff members, Account Officers, Middle Office, all US branches and Customers on SCFs.
- Respond to inquiries received from front/middle offices, internal auditors and correspondent banks, providing the accurate and timely information in resolution of such queries.
- Identify discrepancies and/or inefficiencies in customer support efforts and ensure that they are corrected, documented and implemented.
- Enforce bank's compliance policies and procedures.
- Ensure implementation of all compliance regulations including OFAC/BSA/AML/JFEL//Anti-boycott regulations in the Section's operations.
- Handle Special investigations, reports and assignments to support department Management's goal.
Requirements
- Minimum 2 years of experience in a banking environment with ability to supervise and guide staff, customers and relationship managers on technical and operational matters.
- Ability to support and provide team work with focus on quality and prompt customer service.
- Strong inter-personal skills, verbal and written communication skills and ability to work in an automated system environment are required.
- Knowledge and experience of Supply Chain or Receivable Financing is preferred.
- College Degree is a plus which can be supplemented by relevant experience.
- Certificate or courses or any specialized training/exposure in International Trade, Trade and Commodity and Supply Chain Financing is a plus.
Benefits
- Comprehensive health and wellness benefits
- Retirement plans
- Educational assistance and training programs
- Income replacement for qualified employees with disabilities
- Paid maternity and parental bonding leave
- Paid vacation, sick days, and holidays
