Vice President, Liquidity Product Manager - Transaction Banking

Mitsubishi UFJ Financial Group • Los Angeles, CA

5h • Hybrid

About The Position

MUFG is hiring a Vice President, Liquidity Product Manager for Transaction Banking. The role focuses on managing and delivering Transaction Banking liquidity products in the United States, with primary responsibility for developing and managing a new virtual account management product that aligns with MUFG’s on-balance-sheet deposit offering. The position reports to the Head of Liquidity Product Management, Transaction Banking Americas (TBA), and is part of the Liquidity Solutions Team.

The role spans the product lifecycle, including product strategy and development, vendor and stakeholder coordination, client onboarding support, sales support, performance reporting, technology investment business cases, and product risk management. The incumbent will collaborate with teams across product, technology, sales, operations, project management, risk, finance, servicing, and client delivery. They will also work with Transaction Banking Division in Tokyo and regional Transaction Banking teams on platforms, global priorities, and enterprise-wide initiatives, and may act as a liaison between TBA and TBD.

The selected colleague will work at an MUFG office or client site four days per week and remotely one day per week. Hubs are Dallas, Chicago, New York, and Los Angeles. Travel may be required. The typical base pay range is $109,000–$168,000, depending on job-related knowledge, skills, experience, and location; the role may also be eligible for discretionary performance-based bonus or incentive compensation.

Requirements

• Bachelor’s degree.
• At least 6 years of experience in product management, operations, service, or business analysis in the wholesale or transaction banking market.
• Ability to develop partnerships and collaborate with groups or individuals across the institution and within the industry.
• Ability to interact effectively at all organizational levels.
• Ability to prepare and deliver executive-level presentations.
• Excellent verbal, written, and interpersonal communication skills.
• Ability to execute in complex and demanding situations.
• Detail-oriented, with a proven record of managing multiple projects simultaneously.
• Technical working knowledge of industry cash management standard payment file formats.
• Understanding of investment vehicles such as money market mutual funds.
• Ability to work autonomously and initiate and prioritize work.
• Sound judgment and 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, especially Power BI, Excel, and PowerPoint.
• Flexible approach to work and ability to travel if required.
• Understanding of regulatory implications on bank liquidity and their effects on clients.

Nice To Haves

• Knowledge of delivering Transaction Banking services to Asian corporate clients.

Responsibilities

• Manage end-to-end product development and delivery for a new virtual account management product.
• Provide day-to-day product support, potentially alongside the Deposits Product Manager.
• Assist client delivery teams with onboarding and inquiries about system configuration for customer setup and user maintenance.
• Communicate identified system issues proactively to support a seamless client product experience.
• Produce and monitor monthly key performance indicator reports to manage revenue targets and identify balance and revenue trends.
• Participate in vetting sales opportunities, support sales efforts, and contribute to requests for proposals.
• Help create strategy presentations covering markets, product design, profitability, alternative systems, operating expenditures, capitalization, and other factors.
• Perform product lifecycle activities, including new product and feature approval tasks, drafting marketing and sales support materials, developing operating procedures, and representing the business to operations, project, and technology teams.
• Leverage solutions across markets to improve time to market, deliver a consistent customer experience, attract and retain customers, and respond to changing industry and customer needs.
• Support business cases for technology investments.
• Coordinate product development and enhancements among project managers, operations, client delivery, IT partners, and other stakeholders.
• Participate in rollout plans that may require weekend or after-hours application testing.
• Monitor major industry trends and evaluate product enhancement opportunities.
• Participate in periodic product risk assessments and procedure reviews.
• Identify and address product risk issues, including remediation of product-related audit and self-identified issues.
• Work with Transaction Banking Division in Tokyo and regional Transaction Banking teams to manage platforms, prioritize global priorities, and set global direction for enterprise-wide initiatives.
• Serve at times as a liaison between TBA and TBD.

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.
• Potential eligibility for discretionary performance-based bonus and/or incentive compensation.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior