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The Financial Institutions Utility (“FIU”) function is responsible for tasks related to account and credit management of the financial institutions’ portfolio in APAC. Collaborating with the relevant Financial Institutions Relationship Managers (“FI RM”) and internal stakeholders (including Onboarding, Know-Your-Customer (“KYC”), Credit Management, Legal, Compliance, Risk and Operations teams), the FIU function ensures that portfolio operational risks and compliance matters are well-managed and aligned with overall Financial Institutions business strategy and agreed plans to deliver the required results.

FIU is positioned as a trusted partner to the Financial Institutions Department (“FID”) where the tasks of navigating internal risk approval processes in compliance with established MUFG policies and procedures will be addressed in a centralized, consistent and efficient manner, thus leaving the FI RMs focused on the execution of strategies that support the fulfilment of specific clients’ needs and expectations.  

Job Responsibilities:

• Collaborate with FID and the relevant FI RMs to provide comprehensive coverage of the respective financial institutions portfolio in APAC;

• To ensure accounts are regularly reviewed with operating status updated and fit for execution in in alignment with FID’s business strategy and in support of the wider GCIB APAC network objectives;

• Work in partnership with FI RMs and internal KYC and Compliance teams to ensure the completeness of KYC process to the required satisfactory standards;

• Ensure client centricity and operational excellence when executing tasks related to the account and credit management of the Financial Institutions portfolio in APAC. To be agile and adjust delivery for local regulatory requirements and expectations;

• Maintain good working knowledge of industry trends, products, relevant laws and regulations;

• Responsible for deal execution support to ensure smooth documentation process, processing of transactions and delivery of services;

• Ensure adherence to all Regional/ Country Risk and Compliance requirements and the prevailing Regulations;

• Work in partnership with internal Legal, Compliance, Operations teams to ensure facility documentation is up to required standards and in good order;

• Collaborate effectively with the Legal department and external counsel where required;

• Manage and monitor FIU’s credit portfolio throughout the entire facility lifecycle;

• Adhere to all internal policies and guidelines including compliance policies at all time;

• Support in internal and external audits (Credit Examination, JFSA / MAS / BoJ / RBI / Statutory etc.) by coordinating required activities for the department;

• Support the continuous development of regional/global risk frameworks, including the resolution of complex credit processes or operational risk issues;

• Provide support to continuous improvement projects and initiatives, incl. the update of operating policies and procedures to ensure compliance with all applicable regulatory standards;

• Support division and department initiatives to drive process improvement and efficiency.

Job Requirements

• Minimum 3 years of experience in a FIG coverage role capacity in a Bank or Financial Institution.

• Degree in Business, Finance and/or Accounting.

• Post-graduate qualifications and/or professional qualifications such as CA / CFA / FRM / MBA will be an added advantage;

• Strong stakeholder management skills to collaborate with other functions;

• Good knowledge of banking, trade and/or global markets products and services;

• Must be proficient in Excel and other MS Office applications. Additional expertise in data analytics / using Bloomberg is an added advantage;

• Other required skill sets include problem-solving with an innovative and pragmatic approach, good interpersonal skills and collaborative mindset, the ability to work independently and under time pressure, multi-tasking while being able to maintain attention on details with high accuracy; ability to analyse inter-dependencies and prioritise resolution in a systematic manner.

Mitsubishi UFJ Financial Group (MUFG) is an equal opportunity employer. We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organsational fit, regardless of race, religion or gender.