MUFG Union Bank Derivative Collateral Operations Specialist - Hybrid in Jersey City, New Jersey
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.
This is a hybrid position. There are flexible work from home options available. A member of our recruitment team will discuss the options with you in more detail.
We're seeking a Shared Services Operations Professional to promote operational process improvements, data quality, project support, automation, and metrics reporting. You will be the primary representative throughout the project life cycle including analysis, design, development, testing, implementation. You will also assist in the overall testing of bank developed or vendor-supplied packages. This is a Business Analyst position within the Data Assurance Department (DAD) under the Operations Division.
This role covers operations activities which are commonly found in financial services firms and may support multiple specific lines of business.
Roles covered in this function include: Funds Transfer, Collateral Management / Margins, Corporate Actions / Income Processing, Static Data / Data Management, Reconciliation/Investigation, Client Valuations / Pricing, Network Management, Know Your Client/Client Onboarding and Control, Tax Operations and Call Center Servicing, etc.
As a Professional day-to-day focus is on resolution of complex problems or transactions, where expertise is required to interpret against policies, guidelines or processes.
Role at this level usually has full ownership for one or more processes, reports, procedures or products, and may also be considered analytical or procedural experts representing a unit or team on cross-function process or project deliverables.
May prioritize and direct work to junior level employees.
May periodically review work of junior employees to ensure quality control and accordance with applicable external regulations and internal requirements.
May Provide recommendations on process improvement and efficiency.
Roles at this level typically require an individual emerging as an expert in a specific skill set, business area or product but who remain focused primarily on daily execution.
Lead a project end to end, including release management process.
Perform analysis of large internal and external data sets and identify commonalities between them.
Develop department initiatives through project management and partnerships with other business functions.
Build and automate actionable reporting using moderate to complex queries.
Translate business requirements into a functional specification for development.
Evaluate the daily production process to set strategies and develop a culture of accuracy and productivity.
Perform root cause analysis and provide solutions.
3-5 years experience in servicing Cash Management.
Requires strong executive-level communications, presentations and problem-solving skills.
Proficient in Microsoft Excel, Power Point, Access, Business Objects, Toad.
Experience working with Data Warehouse.
Payment operations or other deposit services. Knowledgeable of overall payment systems and the related operations.
Working knowledge of cash management products.
Effective communications and interpersonal skills.
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/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 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.
Some MUFG roles require that individuals be fully vaccinated against COVID-19, subject to exemptions for medical or religious reasons, as well as any other reason required by applicable law or order. Should you be selected for an interview, your recruiter will provide additional information.