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

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. 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.

Job Summary:

 

Flood Insurance and Post Boarding Corporate Banking Middle Office Analyst is broadly responsible for the operations activities relating to the Corporate Banking business’s monitoring and compliance with the Federally Regulated FDPA (Flood Disaster Protection Act) and BIC (Borrower in Custody) Pledging. Main day to day focus is on reporting and requests, reviewing documentation and agreements, ensuring appropriate approvals and other supporting documents are on file and received timely as per the bank’s internal guidelines and policies. The Team works closely with the Portfolio Managers and Customer Service groups, ensuring all required documents are reviewed for completeness within quality control parameters, regulatory requirements, and guaranteeing mitigation of associated reputational risk.

 

 

Major Responsibilities:

Effectively communicate with members of the front office and middle office teams to ensure accurate and timely processing of requests.

Complete flood approval packages for MIRE (Make, Increase, Renew, Extend) events.

Responsible for supporting the Borrower-in-Custody (BIC) collateral pledge program with the Federal Reserve Bank of New York serving to enhance the Bank’s eligibility and maximize liquidity.

Responsible for supporting the Flood Disaster Protection Act (FDPA) monitoring and compliance to ensure the bank is following the Federal Regulation.

Able to anticipate and understand issues related to FDPA (Flood Disaster Protection Act) and BIC (Borrower in Custody) Pledging and escalate appropriately for timely resolution.

Act as SME (subject matter expert) and participate in process improvements and automation/enhancements to current activities.

Ensure work is completed to the highest of standards and see opportunities to identify areas for process improvements and added controls.

Ensure adherence to internal SLA’s, metrics and the Bank’s internal policies/requirements.

Maintain credit file quality and prepare for compliance issues associated with internal or external examinations.

Responsible for reviewing and maintaining Pending/Deficiency Reports generated by the assigned team members, and monitoring receipt of missing documents.

Conduct archiving and documents destruction according to RIM policies.

Assist with ad-hoc inquiries from the Front Office, Agency Desk, and Reporting, pertaining to the intake, ongoing maintenance and release of executed credit and non-credit documentation.

Responsible for supporting the function of maintaining records of the UCC financing statements provided by the Front Offices, monitoring of UCC filings expiring or coming due within 6 months, as well as UCC filings lapsed or past due, and notifying Business Lines if the action on the part of lending group is required.

Ensures adherence to all bank policies and procedures relative to Regulatory Compliance including but not limited to the Bank Secrecy Act, USA Patriot Act, Anti-Money Laundering Act, Privacy Act, Regulations Q& X, Customer identification Program, Know Your Customer, Suspicious Activity Reports.

 

 

Qualifications:

Undergraduate degree plus 1- 3 years of Syndicated Loan experience or equivalent knowledge is preferred.

Understanding of credit lines with underlying products, deposits, including an understanding of credit documentation, corporate documents, deal structure, etc.

Requires critical decision-making abilities to solve problems, make good judgements and work under minimum supervision.

Exhibit an elevated level of professionalism and a client-focused approach that is responsive, proactive, accountable, and reliable, adjusting communication appropriately for various levels and parties.

Use judgement, interpretation, and problem-solving skills to understand information to successfully resolve exceptions.

Ability to quickly learn new concepts and independently research and resolve issues.

Demonstrate strong analytical skills and proactive interest in learning and mastering new concepts.

Proven ability to collaborate with team members and senior management across and within the lines of business with a keen attention to detail, strong oral and written communication skills, and strong analytical capability.

Ability to operate in a challenging and rapidly changing environment with a desire to accept new assignments and the ability to learn new principles and dynamic systems quickly.

Ability to multi-task through the practice of strong organizational and time management skills as well as ability to manage prioritization.

Prior experience working in a credit middle office or loan operations team a plus.

Working knowledge of MS Office

The typical base pay range for this role is between $66K - $85K 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

We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.

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.