MUFG Union Bank Syndicated Loan Trading Closing Analyst in Charlotte, North Carolina
Syndicated Loan Trading Closing Analyst - 10043252-WD
Discover your opportunity with Union Bank, a division of the Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world. At Union Bank, we care about the details that matter most to our clients. We have our clients’ best interest in mind, drawing on more than 150 years of experience to understand their distinct needs and tailor our solutions. We’re part of 150,000 colleagues worldwide, striving to be the most trusted financial group. Trust starts with a culture of putting people first and empowering you to achieve your potential. Join Union Bank, where being inspired is expected and creating results is rewarded.
The Loan Trade Closing analysts are broadly responsible for providing support and coordination with internal and external partners in the Loan Trading Process. 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.
Seeking candidates to fulfill a multi-functional position within the trade support team for the MUFG Securities Loan Trading desk.
Primary function of the trade support team is 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 change monitoring and reporting
Amending/correcting open trade tickets
Trade input reconciliation
Reviewing/monitoring profit and loss event
Liaise between the WSO and Settlements Teams and the trading desk to expedite trade escalations.
Assist with application upgrades and roll outs or new software.
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 reviews 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.
Undergraduate degree plus 1- 3 years of Syndicated Loan Trading experience and functional understanding of ClearPar and the requirements for trade management
Bachelor's degree in finance/ operation management and/or commensurate amount of commercial banking experience is preferable
Knowledge and understanding of Par and Distressed trading within LSTA & LMA standards as well as basic accounting principles
Very strong customer service skills with exceptional written and verbal communication skills
Strong problem solving, research and analytical skills with the ability and willingness to work in a structured, high paced environment, with daily routine operations
Detail-oriented, conscientious and energetic professional with ability to think creatively.
Self-driven and highly motivated team player
Ability to operate in a challenging and rapidly changing environment with a desire to accept new assignments and the ability to learn new principles and dynamic systems quickly
We are proud to be an Equal Opportunity/Affirmative Action 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 in employment decisions based on any protected category.
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.
A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it's the bank's policy to only inquire into a candidate's criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.
Job : Operations
Primary Location : NORTH CAROLINA-Charlotte
Job Posting : Apr 20, 2021, 2:06:05 PM
Shift: : Day
Schedule: : Full Time
Req ID: 10043252-WD