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MUFG Union Bank Term Employment "Business Analyst - Remittance" in Monterey Park, California

Term Employment "Business Analyst - Remittance" - 10042908-WD


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 2020). 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.

Some MUFG roles require that individuals be fully vaccinated against COVID-19, subject to medical and/or religious exemptions, if applicable. Should you be selected for an interview, your recruiter will provide additional information.

This is a remote position. A member of our recruitment team will discuss location preferences with you in more detail.

Term employment is an employment status in which the Bank hires an individual for a job function within the Bank, receiving all the benefits of a regular status employee, except separation pay programs, merit increases, job posting capabilities or holding a corporate title. If you are converted to a regular employment status position or are hired in a different regular employment status position within the Bank, the time worked as a term employee will count towards all benefits.

Job Summary:

Previous business processing experience in Remittance Services. Must have excellent detailed working knowledge of Wholesale, Wholetail and Retail Lockbox Services. Must demonstrate priority setting, problem solving, proactive and analytical thinking skills. Working knowledge of standard systems flows and Remittance application processes. Position provides technical support and vendor liaison for Remittance Processing including client lockbox requirement customization, system evaluation and implementation, application and database development, system patch release installation and system maintenance.

Working knowledge of FIS RIDS (Receivable Information Delivery System) Application and/or RemiTrac Imagescan is preferred.

This Position Reports to : Business Unit Manager

Major Responsibilities:

  • Excellent consultative, verbal, and written communication skills, excellent interpersonal relationships at management and technical levels within the organization and outside vendors.

  • Seasoned judgment and tact, with the ability to work with clients and other managerial personnel.

  • Good understanding of the cash management business and the operational support needs of Retail, Wholesale and Global Banking.

  • Demonstrated ability to target critical business problems and apply appropriate decision making/technology/methodologies to resolve.

  • Familiarity with regulatory requirements.

  • Ability to make operational efficiency recommendations.

  • Proven ability to organize and coordinate multiple work assignments.

  • Resolves operational issues appropriately and in a timely manner. Develops alternatives to mitigate risks associated with production issues.

  • Adheres to department policies, compliance guidelines and identify control deficiencies and implement appropriate procedures to mitigate risk.

  • Must have strong attention to detail and solid time management and organization skills.

  • Ability to quickly grasp internal and external (vendor) operational processes


Additional Information:

Work Experience typically has 3 - 5 years of Lockbox experience.

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 : Operations

Primary Location : CALIFORNIA-Monterey Park

Job Posting : May 7, 2021, 1:56:44 PM

Shift: : Day

Schedule: : Full Time

Req ID: 10042908-WD