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 150,000 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. The incumbent is expected to effectively manage Standby LC & Commercial LC supporting other Units of Trade Service Operations and ensure the Sections satisfactorily fulfill its daily processing requirements consistent with the department's goals and SLAs. To assist the department in accomplishing its objectives, the incumbent is assigned the following Functions: (1) Workflow Management; (2) Quality Control and Customer Service; (3) Training; (4) Staff & Performance Management and (5) Provide Operational and technical Support for all U.S. Offices/Branches. (6) Strong skills and knowledge of all aspects of Standby Letters of Credit and products such as Commodity LCs, Project Finance deals, CME, DPLOC, Fronting and Syndicated/Agent deals, knowledge of facilities and commitments, credit and reimbursement agreements and in-depth knowledge of SBLC draft reviews, industry practice and negotiation of wording to mitigate operational, reputational and compliance risks. Ensure proper reconciliation of all GL accounts including posting of proper liability and fee accruals and timely collection and escalation on all aged and unreconciled items to the Management in timely manner. Responsibilities: Operational Governance: The role will also be responsible for overseeing Trade Services Operations, including working with Risk, Audit and Compliance. Requires the ability to identify and remediate gaps and recommend areas of improvement. Workflow Management: Monitor the daily operations and ensure transactions are completed within prescribed time frame, RAs, Sight and usance payments, investigations and (b) reported discrepancies are resolved in accordance with established procedures. Verify and release L/C’s, amendments, payments, and sign negotiable instruments in accordance with: (a) prescribed time frames and (b) authorization limits established by the Executive Management. Prepare assigned Production/Operation Reports to the Management with data necessary for: (a) evaluating the section's productivity, efficiency, and quality and (b) reporting 'key' accomplishments and critical issues to Executive Management Consultation on Trade Finance products/service: Perform Draft Review of all bilateral Standby LC’s and provide Trade Finance technical support and guidance to account officers, middle office, product teams and customers of all US Branches/Offices, ensuring that Standby L/C contents are complied with internal operating and compliance procedures, as well as industry practices from UCP and ISP98 perspectives. Join product teams and A/C officers on customer calls Product Knowledge: Strong draft review knowledge, product developments and industry practice. Discuss and participate in Front Office/Legal Department’s discussion in closing of complicated Standby L/C deals. Expected to perform extensive customer and outside contact on structured L/Cs such as Syndicated L/Cs. Customer Service: Ensure that all inquiries are properly documented, researched, tracked, and resolved, as per established procedures. Oversee aged transactions, providing the required information to Front Offices for the timely resolution of such pending items. Review Standby L/C Sections' procedures and controls and. ensure procedure manuals are current, reflecting changes of procedures, and alignment with governing Head Office guidelines. Participate in Best Project initiatives and encourage staff participations Staff performance: Implement, monitor, and modify strategies for resolving identified 'performance gaps. Implement, monitor, and modify training program(s) designed to improve 'skill sets.' Ensure that staff members' performance appraisals: (a) accurately reflect toward the section’s documented objectives; (b) present an action plan' for improving performance; when required Identify, resolve and/or report any incidents that conflict with relevant bank policies Qualifications: Communication and analytical skills. Knowledge of accounting and reconciliation of liabilities and fees. Experience across Trade Products College graduate or 10 Years Banking experience and expertise, hands on experience and knowledge of Trade Finance Products and International banking The typical base pay range for this role is between $122K– $143K depending on job-related knowledge, skills, experience and location. 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. 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. At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them! Our Culture Principles Client Centric People Focused Listen Up. Speak Up. Innovate & Simplify Own & Execute