Director - Trade Finance Operations [Trade Finance]

About Us: Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the worlds leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with over 2,700 locations in more than 50 markets. The Group has over 180,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to be the worlds most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFGs shares trade on the Tokyo, Nagoya, and New York stock exchanges. MUFG Bank, Ltd. is Japans premier bank, with a global network spanning more than 50 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments and individuals worldwide. In Asia, MUFG has a presence across 20 markets Australia, Bangladesh, Cambodia, China, Hong Kong, Indonesia, India, South Korea, Laos, Malaysia, Mongolia, Myanmar, New Zealand, Pakistan, Philippines, Singapore, Sri Lanka, Taiwan, Thailand and Vietnam. It has also formed strategic partnerships with some of the most prominent banks in Southeast Asia, further augmenting its unrivaled network across the region Vietin Bank in Vietnam, Krungsri in Thailand, Security Bank in the Philippines and Bank Danamon in Indonesia. For more information, visit https:// www.mufg.jp/english MUFG Enterprise Solutions India Private Limited Established in 2020, MUFG Global Service (MGS) registered as MUFG Enterprise Solutions India Private Limited is 100% subsidiary of MUFG Bank Ltd having offices in Bengaluru and Mumbai. MGS has been set up as a Global Capability Centre / Centre of Excellence to provide support services across various functions such as IT, KYC/ AML, Credit, Operations etc. to MUFG Bank offices globally. With a current headcount of around 500, MGS has plans to significantly ramp-up its growth over the next 18-24 months while servicing MUFGs global network across Americas, EMEA and Asia Pacific. About the Role: Position Title: Head of Trade Operations Corporate Title: Vice President / Director Reporting to: Managing Director Location: Bengaluru Job Profile Purpose of Role: The Head of Loans and Guarantees is a senior position and is responsible for running operations through various teams. The primary objective of this role is to migrate Loans and Guarantees processes from MUFG offices in various regions to MUFG Global Service (MGS) - Global Capability Center (GCC), and actively drive operational efficiency initiatives through process standardization Main Responsibilities: Work efficiently in a fast-paced setting by exhibiting and achieving a high level of ownership at the migration stage. Coordinating well with global stakeholders to execute banks strategic initiatives Drive Operations agenda, industry-wide initiatives particularly those related to Trade Finance standards Ensure highest levels of accuracy by the team in transaction processing and ensure minimal client impact and/or operational incidents Drive process automation and reengineering to cut costs and enhance customer experience. Provides excellent customer service to uphold the reputation of the division and satisfy customers. Improve customer experience by collaborating with business, product, and regional branch operations. Ensure people development and engagement model framework is strictly adhered to Develop and deliver the unit's learning journey. Ensure retaining talents across Operations units by nurturing people in the hub Establish SMART goals for the division and make sure that all staff are aware of their responsibilities and performance standards. Ensure that all transactions falling within the Operations units purview are processed promptly, accurately, and in compliance with established protocols. Establish a robust Risk and Control framework Collaborate with Audit stakeholders and ensure the unit is operating within the risk appetite. Keep up to date on market developments, products, and pertinent rules and regulations. Verify that sanctions policy rules are carefully followed and that QA results are at the acceptable levels. Lead the unit to develop a proactive risk culture; and ensuring that the Group Values and Code of Conduct are properly followed. Verify that all required training is completed in compliance with bank policy Participate in industry forums and represent MUFG / MGS as required Geographies to be covered APAC, EMEA and USA Candidate Profile: Skills & Knowledge: (e.g. Capability, Traits required for the role) Solid working capital product expertise, particularly in Commercial and Corporate Business Trade Finance operations, Trade Loans, Structure Finance and Supply Chain Finance processes. In depth knowledge in Trade Finance standards, Commodity Trade, Open Account and Trade Loans, Trade Asset Management, regulatory guidelines are mandatory In depth knowledge in SWIFT, CHIPS,CHAPS, SEPA and all other payment types / methodologies are mandatory Experience leading sizable teams- Regularly exemplifies precise written and vocal communication Ability to think critically and pay close attention to detail. Verbal communication skills that allow for effective cross-cultural connections. Should be able to drive change by influencing the stakeholders Trusted advisor with strong interpersonal abilities Ability to work independently Education & Professional Qualifications: Graduate or Postgraduate Preferred external certification in Trade Finance / AML / Payment Compliance Length & Type of Experience: Minimum of 15 years of relevant experience in banking industry

Location: bangalore, IN

Posted Date: 11/21/2024