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Agency Loan Operations , Assistant Vice President

MUFG
United Statesfull_timeVerifiedPosted 23 Jan 2024
💰 $95,000/yr($80,000/yr$95,000/yr)

About the role

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 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.

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.

Job Summary:

The Assistant Vice President will be responsible for focusing on the resolution of complex transactions, where expertise is required to interpret against policies, guidelines or processes. The individual should be considered as a subject matter expert with the ability to support and address questions and transactions related to the Loan Agency space.

Responsibilities:

  • Responsible for the day-to-day oversight of loan servicing transactions, ensuring that all lending transactions are followed and managed appropriately, minimizing operational risks and losses, and ensuring compliance with all bank policies and procedures.

  • Act as main point of contact related to SOX testing, internal and external audit requests, issue escalation, etc.

  • Minimize population of KRI’s, breaks, and exception items within the space.

  • Coordinate with the VP for support on initiatives, including technology or infrastructure enhancements, system upgrade and replacement efforts, human capital discussions, etc. and ensure appropriate resource allocation, business requirements, SME knowledge, testing, and implementation.

  • Design and implement departmental structural and procedural changes where necessary.

Qualifications:

  • 3-5 years’ experience with Syndicated loans. 

  • Comprehensive knowledge of the Syndicated Loan Market, particularly the role of Administrative Agent. Prior LSTA or working group involvement a plus.

  • In depth knowledge of market initiatives to streamline and automate settlement and servicing, including API integration with industry-standard platforms, FpML, Blockchain, DLT, OCR, Robotics/Automation.

  • Understands market conventions for managing products across Syndicated & Commercial Lending Operations.

  • Comfortable interacting with senior internal and external stakeholders, including the Bank’s Clients, Investors, other Agent Banks, Issuing Banks, Syndications, Front Office etc.

  • Ability to analyze and streamline operational processes, improving productivity and efficiency.

  • Knowledge of systems used to manage the Syndicated lending business: ACBS, Loan IQ, Clearpar, Syndtrak, Intralinks, Debt Domain.

The typical base pay range for this role is between $80K - $95K 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 practice affirmative action to diversify our workforce by engaging in the targeted recruiting of under-represented groups and are firmly committed to equal employment opportunity and to fully complying with Federal, State, and local laws that prohibit em

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MUFG

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