VP, Liquidity Product Manager-Transaction Banking

Mitsubishi UFJ Financial Group•Dallas, TX

1d•Hybrid

About The Position

Reporting to the Head of the Liquidity Product Management Transaction Banking of Americas (TBA) and focusing on the management and delivery of Transaction Banking Liquidity Products within the United States. The incumbent will be responsible with the development and management of the strategic goals of the Transaction Banking, with a primary focus on the virtual account management product which aligns within MUFG’s Banks offering - on-balance sheet deposit options. As a member of the Liquidity Solutions Team, the job holder will play a crucial role in all phases of the product and project management including working closely with vendors, technology, sales, product and project managers, and SMEs (i.e., risk, finance, operations, and servicing and delivery teams) to ensure a market leading product is met with strategic vision and succuss criteria. The job holder will also work closely with Transaction Banking Division (TBD) in Tokyo and other regional Transaction Banking teams to support the regional management of the liquidity products and deposit portfolio by managing platforms, prioritizing global priorities, and setting the global direction for enterprise-wide initiatives. At times, job holder may serve as a liaison between TBA and TBD.

Requirements

Bachelor’s degree with 6+ years’ experience in product management, operations, service, or business analysis role in the wholesale/transaction banking market
Knowledge of delivering Transaction Banking services to Asian corporate clients is preferred
A goal-oriented team player with ability to develop partnerships and collaborate with groups or individuals across the institution and within the industry
Ability to interact effectively at all levels of the organization
Ability to prepare and deliver executive level presentations
Collaborative with excellent verbal, written, and interpersonal communication skills
Ability to excel in execution of complex and demanding situations
Detail-oriented with proven execution track record of managing multiple projects simultaneously
Technical working knowledge of industry cash management standard payment file formats
Has a good understanding of investment vehicles such as money market mutual funds
Ability to work autonomously and initiate and prioritize own work
Solid judgment, strong negotiation skills
Strong skills in data gathering, analysis, and interpretation
Familiarity with bank systems and online banking management
Expert level knowledge of Microsoft Products (with emphasis on Power BI, Excel, and PowerPoint)
Working knowledge of Confluence or other collaboration platforms
Flexible worker, with ability to travel if required

Responsibilities

Responsible for end-to-end product management and development of a new virtual account management product
Provides day-to-day support may work alongside the Deposits Product Manager
Assist client delivery teams with onboarding, and inquiries related to system configuration for customer set-up and user maintenance
Proactively communicates identified system issues to ensure a seamless product experience for clients
Produce and monitor monthly reports of key performance indicators to manage and drive P&L revenue target and identify emerging balance and revenue trends
Participate in vetting sales opportunities
Support sales in new opportunities and provide on RFPs
Assist in the creation of strategy presentations which define markets, product design, profitability, alternative systems, operating expenditures, capitalization and other factors
Serve as a key participant in product life cycle activities such as performing new product/feature approval tasks, drafting marketing and sales support materials, developing operating procedures, and representing the business to operational, project and technology teams
Leverage solutions across multiple markets to improve time to market, create consistent customer experience and manage delivery of services to attract and retain customers, and respond to changing industry and customer needs
Support the development of business cases for technology investments
Coordinate the development and enhancement of the product set between Project Managers, Operations, Client Delivery, IT partners and other stakeholders.
Rollout plans may require weekend/after-hours application testing, as required.
Maintain awareness of major industry trends and evaluate enhancement opportunities.
Actively participate in periodic product risk assessments and procedure reviews.
Proactively identify and address risk issues including remediation of product related audit and/or self-identified issues.
Strong understanding of regulatory implications on bank liquidity and effects on clients