MUFG US | Trade Finance Servicing, Analyst

Responsibilities

• The incumbent is responsible for supervising and checking all daily back office operations of the Supply Chain Finance(SCF)
• This role may also be eligible for certain discretionary performance-based bonuses and/or incentive compensation.
• 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.
• Ensure prompt review and monitoring of workflows of the Unit, assist VP in running daily operations and controls, and ensure timely release of transactions.
• Ensure accurate processing of transactions and proper booking of exposure and release of payment.
• Ensure the instructions from front/middle offices and Standard Operating procedures are properly executed in accordance along with Standard Service Level Agreement.
• Workflow Management: Monitor the daily operations of the Supply Chain Finance Section and workflow supervision.
• 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.
• 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 System of record.
• Verification: Review transaction processing and pending Queues in various systems and ensuring that all transactions are processed and releases as requested.
• Respond to inquiries received from front/middle offices, internal auditors and correspondent banks, providing the accurate and timely information in resolution of such queries.
• Update procedures as and when changes to workflow process, system enhancements and internal controls are effected.
• 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.
• 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.

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 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 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 $73K - $87K depending on job-related knowledge, skills, experience, and location.
• They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.

MUFG US

MUFG US is an employer hiring in India.

Its finance, accounts, audit and tax openings in India are mostly in New York, Tampa, Los Angeles and Irving.