Corporate Banking Operations AVP

Posted:
8/26/2024, 2:12:10 AM

Location(s):
Arizona, United States ⋅ Tempe, Arizona, United States ⋅ Tampa, Florida, United States ⋅ Florida, United States

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Operations & Logistics

Workplace Type:
Remote

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we’re 120,000 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.

The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.

WORK EXPERIENCE

  • Experience within a complex financial services environment providing onboarding for commercial and corporate loan customers

  • Working knowledge of financial products, accounting principles and compliance regulations

  • Experience in commercial or corporate lending Operations role

FUNCTIONAL SKILLS

  • A solid understanding of the financial services industry, business standards and practices of loan onboarding processes

  • Comprehensive understanding of loan documentation preparation and review

  • Ability to apply commonly used systems and tools in the commercial loan process, as well as market risk settlement accounts

  • Understanding of risk types, policies and control measures and processes

  • Knowledge of applicable compliance laws, rules and regulations

  • Experience with process improvement, KPIs and SLAs to enhance service quality and process integrity.

  • Basic understanding of accounting principles and accounting practices (e.g. US GAAP)

  • Experience working with FDPA and FRB guidelines

FOUNDATIONAL SKILLS

  • Communicates effectively

  • Identifies multiple paths to success using analytical and critical thinking as well as decision-making skills

  • Exercises sound judgement, prioritizes effectively, and strives for continuous improvement

  • Effectively collaborates with colleagues

  • Leverages available technology to drive efficiency and results

  • Understands and applies industry trends and best practices

  • Exhibits optimism, resilience, flexibility, and openness to others' ideas

  • Values learning as a lifelong professional objective

  • Engages inclusively and with intent

  • Always acts with integrity

RESPONSIBILITIES

  • Ensures a successful and timely onboarding experience for commercial and corporate loan customers, including Syndicated and bi-lateral loans, corporate credit cards, and market settlement limits

  • Onboards, maintains and updates information in various application channels and loan origination systems

  • Ensures data quality and compliance with all regulations and audit requirements

  • Interprets loan documentation data, prepares reports, and presents findings to management

  • Review and approve loan settlement processes in the Secondary Loan Market, including work with ClearPar and other loan trading platforms

  • Identifies process gaps and supports the streamlining and optimization of loan onboarding workflow

  • Ensure data quality in compliance with all regulations and audit requirements

  • Escalates and resolves all requests, inquiries and issues related to loan documentation

  • Proposes solutions which reduce errors and adhere to audit and control policies

  • Retrieves and updates information on existing loans, as required

  • Interacts with external customers to disseminate or explain information

  • Reviews and validates of compliance with FDPA guidelines

  • Reviews and approves credit documentation and booking requirements for the Federal Reserve's Borrower in Custody program as needed

  • Works directly with external vendors for any applicable processes; including documentation storage, covenant monitoring, and others, as needed

EDUCATION

  • Degree or equivalent work experience equally preferable

  • Degree in accounting, finance, or other relevant field

The typical base pay range for this role is between $80K - $100K 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. For more information on our Total Rewards package, please click the link below.

MUFG Benefits Summary

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 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.