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MUFG Union Bank Head of Strategy, Business and Risk Management-Transaction Banking Americas, Managing Director in Los Angeles, California

Description

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 (as ranked by S&P Global, April 2018). In the Americas, we’re 13,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, developing positive relationships built on integrity and respect. It’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. We’re a team that accepts responsibility for the future by asking the tough questions and owning the solutions. Join MUFG and be empowered to make your voice heard and your actions count.

Transaction Banking Americas

Transaction Banking Americas (TBA) provides clients in the U.S., Canada, and Latin America with working capital management and asset servicing solutions. TBA is comprised of three distinct and profitable businesses: treasury management, trade finance, and corporate trust and custody, serving middle market, mid-corporate, and large corporate clients across various business segments, including Corporate Banking, Japanese Corporate Banking, Commercial Banking, Real Estate Lending, Private Banking, and Business Banking. In addition, the group serves clients in the Government, Correspondent Banking, Managed Homeowners Associations (HOA), Title, and Labor segments.

TBA is a core driver of deposit balances and generates sizable fee income for both MUFG Union Bank and MUFG Bank with 650 employees located across the Americas generating $1.4B in revenue.

Job Summary / Key Responsibilities:

The Head of Strategy will be expected to continue to grow MUFG’s Transaction Banking Americas (TBA) business, gain market share, ensure profitability and mitigate risks that amplify stakeholder value. Head of Strategy will oversee Strategy, Business Unit Risk and Controls (BURCO) and lead Business Management including Marketing, Training and Complex Deal Support. Additionally, s/he will have matrixed accountability for Communications, Finance, HR, Legal, Operations and Technology.

The Head of Strategy’s primary responsibilities in the near-term comprise the following areas of focus:

  • Lead business management across Transaction Banking Americas with 600 employees.

  • Determine the appropriate strategic direction and priorities for Transaction Banking Americas for the next several years, including balancing fee income, growth objectives, deposit product mix optimization, and other enterprise-wide goals. Develop and monitor objectives and key results, BSC and, in conjunction with the TBA CFO, financial performance.

  • Oversee BURCO who is responsible for regulatory issue and data management including Audits, Compliance, and remediation efforts; attend Regulator/Audit meetings.

  • Set goals for leaders and partners to achieve plan; oversee resource allocation, budgeting and reporting; implement policies and drive continuous improvement.

  • Coordinate activities of the group with senior management in other areas of the organization, including credit, risk management, product, technology, operations, head office, and other regions.

  • Partnering with HR Business Partner, set strategy for succession planning and related developmental activities, performance management and leadership development programs; ensure linkage to the organization’s strategies, goals and objectives.

  • Oversee design, development and implementation of enterprise projects/initiatives. These will vary in nature, yet critical for the Bank to achieve its strategic objectives.

  • Ensure the TBA function is prepared to lead change and participate fully in the Bank’s growth and efficiency strategies, including leading all TBA and operational aspects related to potential mergers, acquisitions, strategic alliances and other corporate actions.

  • Serve as trusted advisor to the Head of Global Transaction Banking. Viewed as a key leader, demonstrating the highest level of integrity and ethics.

  • Collaborate with other members of the executive committee to aggregate information that determines and influences the strategy of the business.

  • Maintain close relationships with senior leaders.

  • Engage with home-office leadership to keep them informed on relevant strategic projects.

  • Appropriate engagement with external vendors.

The Head of Strategy will inherit a strong team, and s/he will have the opportunity to conduct a full evaluation of the function to determine strengths, change readiness, and talent and capability gaps.

The selected individual also will focus on further defining the role with the specific objective of identifying opportunities to harmonize policies, practices, and approaches, and leverage synergies to gain operational efficiencies and enhance capabilities with the global model. This effort will lay the foundation for establishing a combined operating plan that will support the global objectives.

Finally, the Head of Strategy will establish close working partnerships with TBA and MUFG Americas leadership teams and become recognized as a trusted advisor and source of business and human capital intelligence, ensuring leadership continuity and working to strengthen the depth, breadth, diversity, and expertise of the executive team.

Specific Experiential and Competency Requirements:

Qualified candidates for this position will need to demonstrate the following critical competencies:

  • Change leadership: The ideal candidate will have led or played an integral role in facilitating transformational changes, including having previous Head of Strategy-type roles and M&A experience. S/he will be adept at communicating the organization’s vision and motivating people to achieve results. The candidate will have a proven track record as a consultant offering strategies for driving change, while also serving as an influencer helping others to embrace and adopt the desired changes. S/he will demonstrate ability to work with key stakeholders to develop value-added, pragmatic people solutions tailored to specific business requirements that are aligned with the company’s mission, values and strategy.

  • Collaboration and Influencing: The successful candidate will bring people together across functional, geographic, organizational or philosophic boundaries to achieve results. S/he will put broad business objectives before personal objectives and will be a team player with an open management style. The candidate will be encouraged to take actions needed to pivot or transform the business while demonstrating effective collaboration by seeking the input and buy-in of key executives across the organization to formulate ideas and plans. Experience working within a matrixed environment is preferred.

  • People Leadership: This leader will have a strong track record in building high-performance, achievement-oriented teams. This individual will empower people and groups to take calculated risks, driving accountability and evaluating their performance. S/he will build organizational capabilities by coaching team members toward enhanced performance, including suggesting appropriate training and encouraging professional development.

  • Board and Governance: The incumbent will have the presence and the experience to interface with the Board of Directors, Regulators and MUFG Executive Leaders to address TBA issues and the overall business agenda. She/he will stay abreast of the continually evolving banking regulatory landscape and work closely with key leaders to ensure that processes and procedures are in place and well-executed for public company-equivalent governance and compliance.

  • Diversity: The leader is expected to have a significant track record of advancing inclusion and diversity, bringing new ideas and approaches to help the Bank further its leadership position both as an employer of choice and as a corporate citizen within its communities. S/he must demonstrate commitment to increasing the presence of women and people of color amongst senior leadership and in key roles throughout the TBA business.

A comprehensive compensation package will be provided to the successful candidate.

Qualifications

Education:

An undergraduate degree from a well-respected institution is required. An MBA is preferred.

Professional Experience:

The ideal candidate will be a senior executive with extensive business and, preferably Treasury Management, experience of similar scope and scale. S/he will have experience managing a comparably sized business with administrative responsibility, a track record of supporting a growing business, and demonstrated success driving organizational transformation and design, and change management. This person will have developed a reputation for successfully operating within a risk and compliance-oriented culture.

Qualified candidates will understand the complete spectrum of global Treasury Management products and services. Additionally, candidates should recognize the implications of key national and global regulatory standards in developing successful strategies for growth.

The successful candidate will have led in a best-in-class Global Treasury Management organization, preferably having spent time not only in financial services, but in treasury management, payment, and related service organizations known for strong human capital programs and practices. Experience in Corporate and Institutional Treasury Services, Commercial Treasury Services, Trade Finance and Global Trust will all be valuable foundations for this person to have in their background, as would experience in a line management or operating role.

The candidate will demonstrate a hands-on management style and a visible presence to earn the respect of the organization. The successful candidate will have a proven track record of adding business value, working successfully with business unit leaders in a client-focused, highly-competitive and fast-changing industry, and operating in a matrix environment.

Personal Characteristics:

The ideal candidate will be a senior executive with extensive business and, preferably Treasury Management, experience of similar scope and scale. S/he will have experience managing a comparably sized business with administrative responsibility, a track record of supporting a growing business, and demonstrated success driving organizational transformation and design, and change management. This person will have developed a reputation for successfully operating within a risk and compliance-oriented culture.

Qualified candidates will understand the complete spectrum of global Treasury Management products and services. Additionally, candidates should recognize the implications of key national and global regulatory standards in developing successful strategies for growth.

The successful candidate will have led in a best-in-class Global Treasury Management organization, preferably having spent time not only in financial services, but in treasury management, payment, and related service organizations known for strong human capital programs and practices. Experience in Corporate and Institutional Treasury Services, Commercial Treasury Services, Trade Finance and Global Trust will all be valuable foundations for this person to have in their background, as would experience in a line management or operating role.

The candidate will demonstrate a hands-on management style and a visible presence to earn the respect of the organization. The successful candidate will have a proven track record of adding business value, working successfully with business unit leaders in a client-focused, highly-competitive and fast-changing industry, and operating in a matrix environment. The successful candidate will have a high energy level, a bias for action, superior intellect and common sense, exceptional business acumen, maturity and strong leadership skills. S/he will be an executive with a hands-on orientation who is able to articulate a vision for success and inspire the dedication of her/his team in fulfilling customer needs.

S/he will possess proven partnering and collaboration skills as a trusted colleague and senior team advisor, and be smart, hard-working, and non-political. The successful candidate will have exceptional interpersonal skills and be passionate about creating value. She/he will be intelligent, dynamic, and innovative with a blend of strategic, tactical and analytical skills. The leader will exhibit a “roll-up-your-sleeves” attitude, managing details as needed. Finally, the Head of Strategy will have the ability to maximize outcomes from the resources provided, demonstrating a spirit of continuous improvement, which includes setting the example for cost leadership.

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 in employment decisions on the basis of any protected category.

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: Transaction Banking

Primary Location: CALIFORNIA-San Francisco

Other Locations: NEW YORK-New York, CALIFORNIA-Los Angeles

Schedule Full Time

Shift Day

Req ID: 10030314-WD

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