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MUFG Union Bank Term Employee "Operations LIBOR Transition Support" - Analyst in Sacramento, California

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 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 positing 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.

We are looking to hire an Analyst for 1year, 3 months. (not to exceed 2 years).

Major Responsibilities:

  • Support the LIBOR transition team with the review of existing Loan Contract including Promissory Notes and Loan Agreements.

  • Extracting data relevant to pricing including LIBOR and all replacement rates.

  • Track and report on progress of all remediation including new originations and loans converting to a replacement rate.

  • Work with a small team to go through a population of loans needing to be remediated following banking industries standards.

Additional Information:

  • Good understanding and knowledge of Commercial Loan Documents such as Promissory Notes and Loan Agreement.

  • Knowledge of pricing and rates applicable to Commercial Loans and other Commercial products.

  • Experience with loan systems like AFS, ACBS and LoanIQ.

  • Experience in Commercial Loans and Operations a plus.

The typical base range for this role is between $65K – $80K depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays.

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.

#LI-Remote

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

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