MUFG Bilingual Client Services Analyst for Japanese Corporate Banking - Hybrid in Chicago, IL in Chicago, Illinois
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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.
The Japanese Corporate Banking (JCB) Client Services Analyst’s primary responsibility is to assist JCB corporate banking clients in responding their inquiries and requests, determining appropriate pricing of loans and deposits based on the market condition at the time of request and relationship status and instructing middle and back office to book transactions once the rates are agreed upon. As a JCB Client Services Analyst, you will contribute to the growth of JCB and maximize overall client satisfaction. It is also your responsibility to proactively reach out to the clients in case of irregular activities at their account to resolve any discrepancies as well as funding shortage in order to protect the client fund by acting as the first line of defense protecting the bank’s capital, liquidity, and reputation. JCB Client Services Analyst performs the essential function within the Client Services Department (CSD) of Japanese Corporate Banking (JCB), offering a wide range of services such as loans, deposit, investment, cash management and foreign exchange (FX), and play a critical role to differentiate MUFG’s JCB itself from US local competitors.
Primary Responsibilities include:
Perform critical Interaction with JCB clients (80%):
Monitor maturing loans, deposits and foreign exchange (FX) transactions, proactively reaching out to the clients to ensure the client’s funding, saving and forex needs are properly addressed each day
Determine the rate applicable to the clients based on the relationship status and credit approval conditions and seek funding rates from Global Market Division
Instructs the back office operations to proceed with booking the transactions once the terms and conditions of the products are agreed upon ensuring those meeting approved conditions confirming sufficient credit capacity,
Close foreign exchange deals (buying and selling) with all major currencies for spot dates and also set forward option contracts
Arrange standby domestic/Caymen/money market for various terms and conditions ensuring the rate quoted meeting all internal guidelines
Improving/maintaining client satisfaction by respond in a timely manner to various client inquiries and requests;
Deepen awareness and limit the potential for fraud. Investigate any suspicious activities and wire transfers, contacting clients to ensure all funding and fund transfers are properly authorized by registered representatives.
Monitor NSF(non-sufficient fund) data throughout the day and contact the client and relationship manager to address the NSF not to lead to overdraft
Monitor WIP account to ensure every entry should be accounted for to have correct GL data
Meet with the client to brief on the services CSD provides and support the relationship manager to market JCB’s full service and dedicated client service resources
Inter-department coordination to address the client request and inquiries and contribute to department management through participation into trainings, projects and maintaining comprehensive data(20%):
Maintain full understanding of the Bank's internal policies and procedures relevant to credit policies (ACP/ACRP), transaction banking products, acquire knowledge and keep abreast of overall banking operation and products as well as the financial market conditions;
Work with Transaction Banking Client delivery team to follow up with the client to address any issues
Participate in departmental and JCB cross unit projects;
Update and maintain a variety of databases; retrieve data to produce reports, conduct analyses, and respond to client and management inquires;
Participate in Kaizen activity to improve accuracy and efficiency of operations and prepare and update CSD operation manuals and procedures, if any;
Perform duties as assigned by Department Head including, such as:
Assist with State, Federal, and internal audits.
Investigate and provide solutions for past due and pending items.
A Bachelor’s degree or have equivalent work experience is required
Minimum one year of client services work experience in Financial Services industry is required
Prior experience in corporate banking, wealth management or at a senior retail branch level is preferred
In-depth knowledge of corporate banking procedures, products and operations (Loan, Deposit, Foreign Exchange, a full suite of transaction banking products, wire transfer, ACH, ), trade finance products (SBLC, LC, BB BR)
Excellent communication skills in English and Japanese with attention to details and problem-solving capacity is required (Japanese language proficiency is required)
Be able to communicate effectively and build positive working relationships with various internal partners
Knowledge of basic PC applications (MS Word, Excel and PowerPoint)
Basic knowledge of accounting principles
The typical base pay range for this role is between $65K - $80K 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
Listen Up. Speak Up.
Innovate & Simplify
Own & Execute