Job Information
MUFG Analyst, Trade Finance Middle Office in London, United Kingdom
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 160,000 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.
Tokyo and with approximately 350 years of history, MUFG is a global network with around 2,300 offices in over 50 countries including the Americas, Europe, the Middle East and Africa, Asia and Oceania, and East Asia. The group has over 150,000 employees, offering services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.
As one of the top financial groups globally with a vison to be the world's most trusted, we want to attract, nurture and retain the most talented individuals in the market. The size and range of MUFG's global business creates opportunities for our employees to stretch themselves and reap the rewards, whilst our common values, to behave with integrity and responsibility, and to build a culture which is fair, transparent, and honest, underpin everything that we do. We aim to be the financial partner of choice for our clients, whatever their requirements, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.
MUFG’s shares trade on the Tokyo, Nagoya, and New York (NYSE: MTU) stock exchanges. The group’s operating companies include, but are not limited to, Bank of Tokyo-Mitsubishi UFJ, Mitsubishi UFJ Trust and Banking (Japan's leading trust bank), Mitsubishi UFJ Securities Holdings (one of Japan's largest securities firms), and MUFG Americas Holdings.
Please visit our website for more information - mufgemea.com.
MAIN PURPOSE OF THE ROLE
Within the Trade Finance Middle Office, assist with, and gain experience in, the monitoring of exposures to ensure approved limits are respected. Assist with, and gain experience in, the maintenance, creation and set up of all facilities and necessary controls and administrative duties [including the operational aspects of the transaction management system [‘TRAC’], required for facility and day to day operation.
Essential Functions:
With support, perform reviews of term sheets, credit applications [Ringi’s] & facility documentation from an operational perspective to ensure workability. This will ensure smooth and efficient facility set up and deal processing when necessary without unnecessary delays.
Gain experience in the review of client drawdown requests to ensure that transactions are in accordance with the terms of the approved facilities.
Review of Guarantee and SBLC wording’s to ensure workability together with negotiation of the wordings with the client and legal teams if required.
Primarily provide administrative support for all products related to the ETBO for non-commodity related business together with assistance to CSTF for commodity related business if/when required.
Gain experience in daily liaison with respective stake holders such as clients, relationship, product managers and operational units.
Assisting and gaining experience in the monitoring and control of the complete ETBO exposure under the present facility portfolio. This will help to ensure the correct determination of facility availability at time of new requests or enquiries, and allow decisions to be made that cause transactions to be cancelled or repaid.
To assist with the monitoring of inward communications and prioritisation according to the importance of subject matter with an emphasis on client centricity.
Become familiar with individual processes and business flows for each different client; with a view to taking client ownership within the team once knowledge based deemed adequate. This is an essential function necessary for client experience and knowledge level up to new or additional members joining TFMO.
Monitor balances between Bank’s accounting system and exposure management tools for all allocated or monitored limits in order to retain an accurate record of exposure.
Become involved with projects relating to the development of processes, systems, and control related to the Trade Finance Middle Office.
Work Experience:
Previous operational experience in a Guarantees, Trade Finance related product environment.
SKILLS AND EXPERIENCE
Education:
Minimum GSE (or equivalent) in core academic subjects
A Level (or equivalent) preferred
Additional language skills advantageous [French, German, Dutch, Spanish]
PERSONAL REQUIREMENTS
Excellent communication skills
Results driven, with a strong sense of accountability
A proactive, motivated approach.
The ability to operate with urgency and prioritise work accordingly
Excellent interpersonal skills
Excellent attention to detail and accuracy
A calm approach, with the ability to perform well in a pressurised environment
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.
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