Trade Finance Servicing, Analyst
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Job Location:
Kuala Lumpur - Malaysia
Monthly Salary:
Not Disclosed
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
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 150000 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.
EDUCATION Degree or equivalent work experience equally preferable Degree in finance or other relevant fieldCERTIFICATIONSWORK EXPERIENCE Experience within a complex financial services environment providing support for trade finance servicing structuring trade deals and supply chain finance Basic understanding of financial products accounting principles and compliance regulationsFUNCTIONAL SKILLS Awareness of relevant regional bank policies procedures and government regulatory agencies Basic understanding of economic and political risks in international trade e.g. exchange rate risk Working knowledge of commonly used trade financing reporting reconciliation and audit mechanisms and toolsFOUNDATIONAL SKILLS Communicates effectively Identifies multiple paths to success through the development of analytical critical thinking and decision-making skills Exercises sound judgement and strives for continuous improvement Demonstrates optimism resilience flexibility and openness to others ideas Learns while doing Actively listens and asks thoughtful questions Leverages available technology to achieve efficiency and results Engages inclusively and with intent Always acts with integrityRESPONSIBILITIES Traces researches reviews and audits trade finance documents outstanding payments document examinations discrepancy notifications letters of credit renewals and maturity files seeking assistance based on level of complexity Identifies and escalates potential risks associated with letters of credit transactions Reconciles and balances letters of credit fees liabilities and posted items Investigates customer inquiries adhering to established SLAs Understands and complies with bank policies procedures and various regional government regulatory agencies including: e.g. U.S. Department of Commerce Anti-Boycott Provision U.S. Treasury Department Office of Foreign Assets Control Regulations Bank Secrecy Act Anti-Money Laundering Patriot Act and Sarbanes-Oxley Uniform Customs and Practice (UCP) Uniform Rules of Collections (URC) International Standby Practices (ISP) and International Standard Banking Practice (ISBP) Produces reports and recognizes understands and deciphers patterns Supports processing of specialized trade finance transactions such as letters of credit amendments acceptances and collections reimbursements Assists with the preparation and recording of issuances amendments negotiations and related trade finance correspondence for: standby and commercial letters of credit documentary collections bank-to-bank reimbursements supply chain finance and dynamic discounting Assists with verification and disbursement of payments Adheres to export and import regulations as outlined by regional regulatory agencies Assists in tracking and improving standard operating proceduresMitsubishi UFJ Financial Group (MUFG) is an equal opportunity employer. We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organsational fit regardless of race religion or gender.
Required Experience:
IC
Key Skills
- Cognos
- Forecasting
- Hyperion
- Microsoft Access
- Pivot tables
- Accounting
- Analysis Skills
- Microsoft Excel
- Financial Analysis
- Financial Modeling
- Budgeting
- Financial Planning
About Company
MUFG is a leading global financial group backed by 2,700 locations in over 50 countries and regions, offering comprehensive and tailored financial solutions to our clients worldwide.
