Standby Letters of Credit Senior Specialist - Hybrid
Company: MUFG
Location: Jersey City
Posted on: May 16, 2022
Job Description:
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 hybrid position.
There are flexible work from home options available. A member of
our recruitment team will discuss the options with you in more
detail.Major Responsibilities:
- Responsible for providing client advisory, ongoing customer
servicing and / or the day-to-day customer service for operational
support of the Transaction Services business including: Trade
Operations, Custody Operations, Depository Receipts, Clearing,
Agencies and Trust, Network Management, and Securities
Lending.
- Roles at this level are responsible for routine operational
work on a team that processes large volumes of transactions on a
daily basis.
- Day-to-day actions are focused on administering defined
procedures, analyses and report preparation.
- Works independently but will have access to and work reviewed
by team leads and supervisors as needed.
- Wire Transfer setup and modification.
- Managing transactions within a variety of bank systems
including Wire Transfer, Lockbox, Direct Deposit of payroll,
Controlled Disbursement, Positive Pay, nationwide Lockbox and ACH
services.
- Perform setups of other products including, but not limited to,
Cash Pooling, Automatic Sweep, Reverse Sweep, Zero Balance
Accounting, etc.
- May provide customer/technical support for assigned
products.
- Review setup forms to be timely and accurate.
- Perform investigations and process customer lifting charges
related to wire transfers.
- Purchase currencies through foreign exchange system.
- Confirm Foreign wire application instructions with
customers.
- Coordinate with customers and FX Group to determine an exchange
rate (for incoming and outgoing funds).
- Maintain and review customer contact log to ensure that
customer inquires and troubleshooting are resolved in a timely
manner.
- Review and monitor regular reporting and daily logs.
- Other duties as assigned by unit supporting.
- More senior individuals may direct workflow.Additional
Information:
- 2+ year experience in servicing cash management and other
deposit services.
- Knowledgeable of overall payment systems and the related
operations and good understanding of desktop applications.
- Excellent communication skills and attention to details.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.Some MUFG roles require
that individuals be fully vaccinated against COVID-19, subject to
exemptions for medical or religious reasons, as well as any other
reason required by applicable law or order. Should you be selected
for an interview, your recruiter will provide additional
information.#LI-Hybrid
Keywords: MUFG, Jersey City , Standby Letters of Credit Senior Specialist - Hybrid, Accounting, Auditing , Jersey City, New Jersey
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