Trade Finance Servicing, Associate / Assistant Vice President
Trade Finance Servicing, Associate / Assistant Vice President
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
Do you want your voice heard and your actions to count
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG) one of the worlds leading financial groups. Across the globe were 120000 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 worlds most trusted financial group its 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. A member of our recruitment team will provide more details.RESPONSIBILITIES:
Workflow Management:
Monitor the daily operations of the Supply Chain Finance Section and workflow supervision. Assign work to 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 sections output reports records and files. Ensure all standard operational and compliance procedures are updated and enforced. Provide timely support to new business initiatives of all SCF transactions.
Support a group of staff (4-8) which consists of Analyst/Officer
Support the development of staff as well as strive to improve retention and /or turnover
Special projects:
Handle Special investigations reports and assignments to support department Managements goal.
.
Compliance:
Enforce banks compliance policies and procedures. Ensure implementation of all compliance regulations including OFAC/BSA/AML/JFEL//Anti-boycott regulations in the Sections operations. Ensure the Staff receives proper training. in all regulatory and bank compliance issues. Enforce applicable internal and H.O operational procedures.
Quality Control and Customer Service:
Provide technical support and guidance to staff members Account Officers Middle Office all US branches and Customers on SCFs. Extensive stakeholder contact relating to review of SCF transaction terms and conditions and offer opinions and comments consistent with the internal/operating/compliance procedures. Respond to inquiries received from customers 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 support efforts and ensure that they are corrected documented and implemented Assist the Manager (or the Management) in identifying risk areas and implement/monitor practices to reduce and/or prevent risk opportunities. Update procedures as and when changes to workflow process system enhancements and internal controls are effected
Verification:
Review transaction processing and pending Queues in multiple systems and platforms and ensure that all transactions are processed and released as requested. Any pending or unreleased transactions should be reviewed and escalated as appropriate
REQUIREMENTS:
Undergraduate Degree. Certificate or courses or any specialized training/exposure in International Trade Trade and Commodity and Supply Chain Financing is a plus.
5-10 years of experience in a banking operations environment with ability to supervise and manage staff.
Prior experience of direct contact with 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 Finance or Receivable Financing is highly preferred.
The typical base pay range for this role is between $81K - 106K depending on job-related knowledge skills experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes 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 and paid vacation sick days and holidays. For more information on our Total Rewards package please click the link below.
We will consider for employment all qualified applicants including those with criminal histories in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance (ii) the City of Los Angeles Fair Chance Initiative for Hiring Ordinance (iii) the Los Angeles County Fair Chance Ordinance and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment if any.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.We are proud to be an Equal Opportunity Employer and committed to leveraging the diverse backgrounds perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race color national origin religion gender expression gender identity sex age ancestry marital status protected veteran and military status disability medical condition sexual orientation genetic information or any other status of an individual or that individuals associates or relatives that is protected under applicable federal state or local law.
Required Experience:
Chief
Employment Type
Full-Time
