Corporate Banking Middle Office, Vice President

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we’re 160,000 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.

This is a hybrid position. The selected colleague will work at an MUFG office or client sites up to four days per week and work remotely the remaining day(s). A member of our Talent Acquisition team will provide more details.

MUFG’s Corporate Banking Middle Office team services several lines of business within MUFG for the Americas; including Global Corporate and Investment Banking, Japanese Corporate Banking, Securitized Products, Global Markets, and Supply Chain Finance.  The team provides end to end Deal Closing coordination, Facility Booking, Credit Control and loan trading support.  Services are tailored to meet the needs of the clients and line of businesses including, but not limited to:  Closing Coordination, Facility Booking & Funding, Collateral/Document Review/Doc Workflow Management, Trade Coordination & Settlement, and other Credit Control functions.

The Loan Trade Closing Vice President role is broadly responsible for managing a team to provide support to internal and external partners in the Loan Trading closing and settlement processes.  The Team works closely with the Trade Desk and Trade Assistants, ensuring controlled and timely settlement of Loan Trades in the secondary market.  The team will coordinate with both internal teams and our external service providers for the Product and will act as a primary point of contact for escalation and other inquiries throughout the life cycle of a Trade.

Responsibilities:

• Seeking a strong leader to manage a multi-functional position supporting Trade Desks for MUFG Bank and MUFG Securities.

• This role will have 6 to 9 direct reports and will be the primary escalation point for the Desk and other Internal and External teams, with management and oversight of the day to day functions of the Loan Trade Closing team

• Primary function of the trade support team include; assisting the trading desk and our partners with WSO Loan Services with vital trade issues including:  the evaluation of trade events, co-ordination of internal operations processes, providing critical assistance to traders, understanding of corporate actions related to trades, and consistently reviewing trade processes.

• Daily functions may include:

• Position monitoring and reporting

• Oversight for Trade input reconciliation between Trade Systems and ClearPar

• Manage relationships between the WSO and Settlements Teams and the trading desk to expedite trade escalations.

• Assist with application upgrades and roll outs of new software, as needed.

• Interact with the Loan Trading desk, Legal, Sales and other Operations groups in order to develop and deliver solutions for our internal and external clients

• Operate and understand trading systems to assist with questions on system functionality as well as external trading platforms such as ClearPar & Bloomberg TOMS, as it pertains to the loan trading function

• Knowledge of Banking Regulations and Standard Practices.

• Periodically review and attest to the relevant procedures to ensure appropriate control and consistency with Head Office guidelines and bank regulations. 

• Ensures adherence to all bank policies and procedures relative to Regulatory Compliance including but not limited to the Bank Secrecy Act, USA Patriot Act, Anti-Money Laundering Act, Privacy Act, Regulations Q& X, Customer identification Program, Know Your Customer, Suspicious Activity Reports.

Qualifications:

• Undergraduate degree plus 5-7 years of Syndicated Loan Trading experience, with functional understanding of ClearPar and the requirements for trade life cycle management.

• Bachelor's degree in finance/ operation management and/or commensurate amount of commercial banking experience is preferable.

• Experience managing a team in a fast paced, flow trading environment, is preferred.

• Working knowledg