MUFG Union Bank Commercial Loan Operations - AVP in Raleigh, North Carolina
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.
The AVP has responsibility for managing a group of 3-4 loan admins who maintain a portfolio of lending facilities where MUFG acts as Lender in a Syndicated Deal
Comprehensive knowledge of the Syndicated Loan Market and understands market conventions for managing the product
In depth knowledge of Syndicated Lending Operations including: Credit Agreements, new facility onboarding, loan servicing, Fedwire payments, General Ledger reconciliation, trading via assignment, revolving credit facilities, term loan facilities, etc.
Knowledge of industry standards and best practices for Syndicated and Commercial lending operations, as well as market initiative to streamline and automate the settlement and servicing for Loans
Ensure all lending transactions are booked and managed correctly, minimizing operational risks and losses and ensuring compliance with all bank policies and procedures
Comfortable managing all aspects of Loan servicing, including interaction with senior internal and external stakeholders: Clients, Investors/Lenders, Agent Bank, Front Office etc.
Involvement in reviewing and approving daily loan transactions
Experience in reconciling key KPI metrics including Cash, Past Dues, Data Integrity, etc.
Act as a Team Lead/Manager for small group on shore and off shore
5 years of experience in Syndicated lending,
Ability to analyze and streamline operational processes enhancing productivity and efficiency. Lean Six Sigma certification is a plus
Knowledge of Bank systems used to manage the Syndicated lending business: ACBS, Loan IQ, AFS, Clearpar, Syndtrak, Intralinks, Debt Domain
Very strong written and verbal communications skills
Ability to manage multiple priorities and operate in a high-pressure environment
Prior Experience Managing People a plus
The above statements are intended to describe the general nature and level of the 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.
Primary Location: NORTH CAROLINA-Raleigh
Schedule Full Time
Req ID: 10042283-WD