MUFG India
MUFG India | Assistant Vice President- T24 Treasury Business Analyst
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Job Highlights
Main responsibilities
- The purpose of the role of Business Analyst – T24 SME - GOS Operations and IT solutions - is to drive and oversee the strategic changes of T24 CBS (Core Banking System) within MUFG.
- This role involves leading teams in the implementation of multiple key systems including core banking systems, i.e. T24 and associated projects including regulatory demands, issue resolution, enhancing operational efficiency, reducing costs, and improving customer experience.
- This role collaborates closely with IT, Technology, and Operations teams to align transformation initiatives with business goals, while ensuring compliance and managing risks throughout the transformation journey.
- Play key role in supporting the team to set up the Centre of Excellence for T24 /Transformation in MGS.
- Lead the BA teams managing multiple projects including T24 to achieve smooth migrations of system transitions, changes by liaising closely with all the relevant key stakeholders.
- Lead initiatives to optimize and transform GOS, ensuring scalability, efficiency, and alignment with regulatory requirements.
- Collaborate closely with IT and Technology teams to integrate new technologies, such as automation, artificial intelligence, and blockchain, into operational processes.
- Ensure that technology initiatives are aligned with operational needs and that systems are implemented effectively and securely.
- Oversee the adoption of digital tools and platforms to enhance operational efficiency and customer service.
- Lead the planning and execution of operations transformation projects, focusing on improving end to end processes, reducing costs, and increasing operational efficiency.
- Work with cross-functional teams to design and execute process reengineering projects, ensuring they meet both current and future business needs.
- Act as the primary liaison between operations, IT, and technology teams, ensuring clear communication and alignment on transformation objectives.
- Manage relationships with key stakeholders, including senior management, to ensure support for transformation initiatives.
- Ensure that all transformation initiatives comply with regulatory requirements and internal policies.
- Identify and mitigate risks associated with operational changes and technology implementations.
- Oversee the allocation of resources for transformation projects, ensuring that teams have the necessary skills and tools to succeed.
- Manage budgets and ensure that transformation initiatives are delivered on time and within budget.
- Establish key performance indicators (KPIs) to measure the success of transformation initiatives.
- Reporting to : VP/Director
- Develop and drive the strategic roadmap as SME of T24 for Global Operations & Services (GOS) Operations and IT Solutions Team, aligning it with overall business objectives and technological advancements related to Treasury products like FX, Money Market, Swaps etc.
Requirements
- Ability to develop and communicate a strategic vision for operational transformation, aligning it with the broader organizational goals.
- Good knowledge of Treasury products with T24 Core Banking Systems.
- Expertise in leading large-scale transformation initiatives, including managing resistance and fostering a culture of innovation.
- Good domain expertise Core banking for Asian/European or American markets in T24 with hands on experience in migrating systems.
- Understanding of emerging technologies like AI, machine learning, RPA, and blockchain.
- Ability to work closely with Operations, IT and technology teams.
- Strong ability to articulate complex transformation strategies and progress to senior leadership.
- Understanding of the regulatory landscape in banking, including knowledge of local and global regulations affecting banking operations.
- Strong analytical skills to diagnose operational challenges and develop innovative solutions.
- Minimum of 15+ years of relevant experience as a BA in banking industry.
- Experience in managing large budgets
About the company
MUFG (Mitsubishi UFJ Financial Group)
Headquartered in Marunouchi, Tokyo, Mitsubishi UFJ Financial Group (MUFG) is the holding company of a Japanese banking and financial services group. It was established in 2001 and is listed in Tokyo, Nagoya and New York. Its main subsidiaries include MUFG Bank, Mitsubishi UFJ Trust and Banking and Mitsubishi UFJ Securities Holdings, along with Bank of Ayudhya (Krungsri) and Bank Danamon. MUFG opened its first Indian branch in Mumbai in 1953. MUFG Bank now has branches in Mumbai, New Delhi, Chennai, Bengaluru and Neemrana, plus a GIFT City branch opened in 2022, and since 2020 a wholly owned subsidiary, MUFG Global Service, has handled technology, operations, credit and KYC work from Bengaluru and Mumbai.
MUFG's finance-related roles in India cover internal audit (financial crime, finance and treasury reporting, risk, legal and IT), FP&A and finance process work, project, fund and leveraged finance, credit analysis, market, liquidity and counterparty credit risk modelling, KYC and compliance testing. They are based in Bengaluru, Chennai, Mumbai, New Delhi and GIFT City in Gandhinagar. Postings generally ask for a bachelor's degree in accounting, finance or business, and many name a Chartered Accountant, an MBA in Finance or a CFA as preferred; some audit roles also mention CIA or CAMS.
