Receivables and Payables Financing Operations, Analyst

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Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. 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. A member of our recruitment team will provide more details.

The incumbent is responsible for supervising and checking all daily back office operations of the Supply Chain Finance(SCF) Unit The Officer is expected to: (a) ensure prompt review and monitoring of workflows of the Unit, assist VP in running daily operations and controls, and ensure timely release of transactions (b) ensure accurate processing of transactions and proper booking of exposure and release of payment (c) ensure the instructions from front/middle offices and Standard Operating procedures are properly executed in accordance along with Standard Service Level Agreement.(d) enforcement of all operational procedures and controls. To assist the Section and department in achieving its goals, the incumbent is assigned the following Functions: (1) Workflow Management; (2) Verification; (3) Quality Control and Customer Service; (4) Performance and error mitigation and control (5) Compliance policies and procedures. (6) Special projects Performed and appropriate actions are taken.

Designated as a Business Continuity Key Staff Member in case of continuity issue.

Responsibilities:

Workflow Management : 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. Responsible for accurate liability and fee collection. Ensure all standard operational and compliance procedures are updated and enforced. 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 Prime Revenue System files/interface records.

Verification: Review transaction processing and pending Queues in various systems and ensuring that all transactions are processed, and releases as requested. Any pending or unreleased transactions should be reviewed and escalated as appropriate

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 customer contact relating to review 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 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 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 affected.

Compliance: 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. Ensure the Staff receives proper training. in all regulatory and bank compliance issues. Enforce applicable internal and H.O operational procedures.

Special projects: Handle Special investigations, reports and assignments to support department Management's goal.

Qualifications:

• 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 teamwork with focus on quality and prompt customer service.

• Strong interpersonal 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.

The typical base pay range for this role is between $61K - $78K 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.

MUFG Benefits Summary (~~~)

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 individual's associates or relatives that is protected under applicable federal, state, or local law.

At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!

Our Culture Principles

• Client Centric

• People Focused

• Listen Up. Speak Up.

• Innovate & Simplify

• Own & Execute