MUFG Union Bank Supply Chain Finance Supplier Onboarding Associate in Amsterdam, Netherlands
Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world. Across the globe, we’re 180,000 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.
Would you like to work for one of the World's largest banks in an exciting, dynamic and international environment?
We are currently recruiting for a Supply Chain Finance Onboarding Specialist for our Supply Chain Finance department in Amsterdam.
MUFG Bank Europe N.V. (MBE) is a fully-owned subsidiary of Mitsubishi UFJ Financial Group (MUFG), one of the largest ranked Financial Groups in the world in terms of assets. A world-class set of businesses and more than 180,000 employees in 50 markets. MUFG offers stability in an ever-changing market, providing services to high-profile clients worldwide.
For more than 50 years MBE offers commercial banking services to both Japanese and non-Japanese corporate customers in The Netherlands and, through its branches, in Central and East Europe. The goal is to be among the top performing foreign-owned banks operating in The Netherlands, providing value-added banking services and excellent operations, fulfilling both Japanese and non-Japanese customers' needs.
At MBE we are committed to contributing to a more sustainable future. Thus, we will encourage you to embed environmental, social & governance (ESG) factors in your everyday work and in our culture.
The MBE subsidiary based in The Netherlands is a network of branches, managed from Amsterdam.
Our vision? To become the world’s most trusted financial group. You’ll help us achieve it.
Main purpose of the role
Support and coordinate the go-to-market strategy for Supplier Onboarding in partnership with global Supply Chain Finance (SCF) team members, broader MUFG functional partners and (external) legal counsel.
With the acquisition of GE’s Supply Chain Finance (SCF) platform and supporting teams in March 2019, MUFG is capable of providing comprehensive buyer-led SCF and Dynamic Discounting solutions for our Clients. Creating Working Capital is many times one of the key initiatives at our clients and SCF is well accepted in the market as a potential solution.
The global SCF team runs a multi-$Bn operation with several centres of expertise. Existing (booking) centres like MUFG NY, London and Amsterdam have combined their capabilities to book, fund and manage global programs with existing SCF processes to deliver a compelling solution to our clients. MBE went live successfully in 2020 with buyer-led SCF programs and has experienced a steep growth that we expect to continue. Our dedicated and experienced team works closely together with the SCF teams in New York and London and potentially Singapore in near future.
The role includes the following:
Onboard new Suppliers on MUFG’s global SCF platform:
Coordinate with SCF Acquisition team, Commercial Support Office (CSO), Operations Teams (EOO London & SCF platform) and (external) Legal Counsel to facilitate and track supplier onboarding workflow;
Review of documentation received from Suppliers for completeness and correctness according to the desktop procedure guidelines; and work with the SCF Acquisition team and supplier to resolve any issues;
Coordinate with SCF Acquisition and CSO Teams to achieve completion of Supplier KYC/CIF process;
Where applicable, request lien searches from (external) Legal counsel and report any existing liens to Acquisition team (& suppliers) to be released from lien/ security interest, etc holders;
Work with external/internal Legal counsel and SCF Acquisition Team to resolve outstanding liens and perform lien filings (eg UCC), as appropriate;
Coordinate with SCF Activation and Operation teams to enable Suppliers to go-live on processing platforms (i.e., SCF platform and OVS, including banking details);
Support and coordinate the supplier onboarding process to become more efficient with the support of the various MUFG teams (including SCF Onboarding USA team);
Provide metrics related to Supplier Onboarding activities, as appropriate, and ensure Suppliers in-flight are owned and tracked (thru SCF global Access tool & MBE shared drive).
Other ad hoc analyses and tasks required.
In order to be successful in the role, you will need the following:
Skills and experience:
Bachelor’s degree (or equivalent).
3-5 years of experience in a hands-on financial services or compliance/ legal support role.
Excellent attention to details.
Strong analytical and organizational skills with the ability to take charge, follow up, and simultaneously manage multiple activities concurrently.
Process flow oriented (optimization, efficiencies).
Excellent interpersonal/communications capabilities with the ability to work in a multifaceted/diverse team environment;
Strong oral and written presentation skills and comfortable working at all levels internally and externally;
Ability to work in a dynamic environment to achieve challenging onboarding goals;
Ambitious and eagerness to grow in role, taking up additional responsibilities.
Integrity and Responsibility
Balance Risk with Opportunity
Demonstrate Global Perspective
Professionalism and Teamwork
Drive For Results
Collaborate and Build Partnerships
Communicate Effectively and Professionally
Challenge Ourselves To Grow
Influence and Inspire Others
Lead Change & Seek Continuous Improvement
Manage and Develop Talent
What do we have to offer:
We offer you a role in one of the largest banks of the world in a growing and international environment. You have various opportunities to develop yourself and we will support you with that by offering various training and development possibilities.
Besides that we will offer you:
Gross salary based on experience and consistent with the market
8% holiday allowance and 13th month payment.
Bonus under discretion of the Management board (max. 20%)
29 vacation days per year. Optional you can buy 15 additional days.
Commuting allowance based on annual public transport 2nd class, most economical way, or € 0,19 per km with a max of 75km one way.
Remote working allowance (max €60,- a month)
Possibility to order Office Equipment’s (up to €500,-)
Possibility to order a mobile device (up to €800,-)
Bicycle plan (fiscal benefit)
Company fitness (fiscal benefit)
Employee contribution towards Pension insurance (max 5%, currently 2%), our pension scheme is based on a defined contribution scheme.
Training & development possibilities paid by the bank (internal rules)
Health insurance: Collective premiums offered, for own expense.
Additional information :
Acquisition in response to this vacancy is not appreciated.
The role is based in the Netherlands. All candidates need to be willing to relocate to the Netherlands. Internal employees will be supported in case of relocation.
For more information regarding this position you can contact our Talent Acquisition Specialist at: email@example.com
We are open to considering flexible working requests in line with organisational requirements.
MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.
We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.