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MUFG

Assistant Vice President, Operations - Cash Funding

Job Posted Yesterday Posted Yesterday
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London, Greater London, England
Mid level
London, Greater London, England
Mid level
Oversee cash funding operations, ensure sufficient funds for settlements, monitor credit lines, and support funding process enhancements.
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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.

MUFG  (Mitsubishi  UFJ  Financial  Group)  is  one  of  the  world's  leading  financial  groups.  Headquartered  in Tokyo and with approximately 350 years of history, MUFG is a global network with around 2,300 offices in over 50 countries including the Americas, Europe, the Middle East and Africa, Asia and Oceania, and East Asia. The  group  has  over  150,000  employees,  offering  services  including  commercial  banking,  trust banking, securities, credit cards, consumer finance, asset management, and leasing.

As one of the top financial groups globally with a vision to be the world's most trusted, we want to attract, nurture  and  retain  the  most  talented  individuals  in  the  market.  The  size  and  range  of  MUFG's  global business  creates  opportunities  for  our  employees  to  stretch  themselves  and  reap  the  rewards,  whilst  our common values, to behave with integrity and responsibility, and to build a culture which is fair, transparent, and  honest,  underpin  everything  that  we  do.  We  aim  to  be  the  financial  partner  of  choice  for  our  clients, whatever  their  requirements,  building  long-term  relationships,  serving  society,  and  fostering  shared  and sustainable growth for a better world.

Please visit our website for more information - mufgemea.com.

Specifically, you have accountability for the following named departments, this includes: Operations - Cash Funding

2) Roles, Scope and Reporting Structure Authority from, and Reporting to:

Funding, Brokerage, Reconciliations and Control Manager

3) Key Responsibilities

Specifically, you will be accountable and responsible for taking appropriate action with respect to the Company’s and Operations - Cash Funding ,
including:

· Act as BAU SME, identify funding requirements and instruct realignments accordingly without the introduction of
operations risk.

· Ensure credit lines are monitored regularly to prevent settlement blockages

· Ensure all funding requirements are complete ahead of currency deadlines

 · Constantly monitor process and controls for process enhancements

 · Support post settlement investigations process for ex, issue claims where failed settlement results in OD costs incurred

· Ensure Large Exposure Limits are monitored and mitigating action is taken to avoid potential breaches

·Collaborate with TRY desk to communicate funding requirements

· Play a supporting role in delivering ongoing project to replace existing funding process with vendor led Intraday liquidity management system

1) Technical Capability (if applicable) The main purpose of this role is to support the BAU process which is primarily to ensure that MUFG has
sufficient funds across all nostros to ensure successful settlement of all outstanding obligations.

2) Relationship with other functions and stakeholders

Maintain and enhance good working relationships with stakeholders, across the region and
globally to share best practices, provide support and develop effective local policies and procedures appropriate to the
Company, and working in support of the One MUFG and overall Group strategy.

PERSONAL REQUIREMENTS

  • Excellent communication skills
  • Results driven, with a strong sense of accountability
  • A proactive, motivated approach.
  • The ability to operate with urgency and prioritise work accordingly
  • Strong decision making skills, the ability to demonstrate sound judgement
  • A structured and logical approach to work
  • Strong problem solving skills
  • A creative and innovative approach to work
  • Excellent interpersonal skills
  • The ability to manage large workloads and tight deadlines
  • Excellent attention to detail and accuracy
  • A calm approach, with the ability to perform well in a pressurised environment
  • Strong numerical skills

We are open to considering flexible working requests in line with organisational requirements.

MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.

We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.

Top Skills

Financial Services
Liquidity Management System

MUFG London, England Office

25 Ropemaker Street, London, United Kingdom

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