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.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.WORK EXPERIENCE
Experience within a complex financial services environment providing onboarding for commercial and corporate loan customers
Working knowledge of financial products, accounting principles and compliance regulations
Experience in commercial or corporate lending Operations role
FUNCTIONAL SKILLS
A solid understanding of the financial services industry, business standards and practices of loan onboarding processes
Comprehensive understanding of loan documentation preparation and review
Ability to apply commonly used systems and tools in the commercial loan process, as well as market risk settlement accounts
Understanding of risk types, policies and control measures and processes
Knowledge of applicable compliance laws, rules and regulations
Experience with process improvement, KPIs and SLAs to enhance service quality and process integrity.
Basic understanding of accounting principles and accounting practices (e.g. US GAAP)
Experience working with FDPA and FRB guidelines
FOUNDATIONAL SKILLS
Communicates effectively
Identifies multiple paths to success using analytical and critical thinking as well as decision-making skills
Exercises sound judgement, prioritizes effectively, and strives for continuous improvement
Effectively collaborates with colleagues
Leverages available technology to drive efficiency and results
Understands and applies industry trends and best practices
Exhibits optimism, resilience, flexibility, and openness to others' ideas
Values learning as a lifelong professional objective
Engages inclusively and with intent
Always acts with integrity
RESPONSIBILITIES
Ensures a successful and timely onboarding experience for commercial and corporate loan customers, including Syndicated and bi-lateral loans, corporate credit cards, and market settlement limits
Onboards, maintains and updates information in various application channels and loan origination systems
Ensures data quality and compliance with all regulations and audit requirements
Interprets loan documentation data, prepares reports, and presents findings to management
Review and approve loan settlement processes in the Secondary Loan Market, including work with ClearPar and other loan trading platforms
Identifies process gaps and supports the streamlining and optimization of loan onboarding workflow
Ensure data quality in compliance with all regulations and audit requirements
Escalates and resolves all requests, inquiries and issues related to loan documentation
Proposes solutions which reduce errors and adhere to audit and control policies
Retrieves and updates information on existing loans, as required
Interacts with external customers to disseminate or explain information
Reviews and validates of compliance with FDPA guidelines
Reviews and approves credit documentation and booking requirements for the Federal Reserve's Borrower in Custody program as needed
Works directly with external vendors for any applicable processes; including documentation storage, covenant monitoring, and others, as needed
EDUCATION
Degree or equivalent work experience equally preferable
Degree in accounting, finance, or other relevant field
The typical base pay range for this role is between $80K - $100K 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 (https://careers.mufgamericas.com/sites/default/files/document/2023-01/mb-live-well-work-well.pdf)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
