Senior Analyst-Guarantees

AboutUs MUFG Bank, Ltd. is Japans premier bank, with a global network spanning in more than 40 markets. Outsideof Japan, the bank offers an extensive scope of commercial and investment banking products and servicesto businesses, governments, and individuals worldwide. MUFG Banks parent, Mitsubishi UFJ FinancialGroup, Inc. (MUFG) is one of the worlds leading financial groups. Headquartered in Tokyo and with over360 years of history, the Group has about 120,000 employees and offers services including commercialbanking, trust banking, securities,credit cards,consumerfinance, assetmanagement, andleasing. The Group aims to be the worlds most trusted financial group through close collaboration among ouroperating companies and flexibly respond to all the financial needs of our customers, serving society, andfostering shared and sustainable growth for a better world. MUFGs shares trade on the Tokyo, Nagoya, andNewYorkstockexchanges. Formoreinformation,visithttps://www.mufg.jp/english MUFGGlobalService PrivateLimited Establishedin2020,MUFGGlobalServicePrivate Limited(MGS)is100%subsidiaryofMUFGhaving officesin Bengaluru and Mumbai. MGS India has been set up as a Global Capability Centre / Centre of Excellencetoprovidesupportservices acrossvariousfunctionssuchasIT,KYC/AML,Credit,Operationsetc.toMUFGBank offices globally. MGS India has plans to significantly ramp-up its growth over the next 18-24 monthswhile servicingMUFGsglobal network acrossAmericas,EMEA and AsiaPacific AbouttheRole PositionTitle: Analyst/ Sr. AnalystCorporateTitle:Analyst/Sr.Analyst Reportingto: Vice President / Assistant Vice President Location :Bengaluru Job ProfilePurpose ofRole Responsible for smooth processing of issuance, amendment, and cancellation of Bank guarantee.Responsible for in depth Bank Guarantee text vetting. To track and handle Invocation Claims.PreparedMISandinputsonregulatoryreports ofBankGuaranteeoperations. MainResponsibilities: Process Demonstrate and achieve high level of accuracy and proficiency in handling customer transactionsand co-ordinate with Branches to ensure timely settlement of BG vetting , Issuance , amendment,and Cancellationrequests Monitor any new regulations or changes from regulator and HO which impact to banks Guaranteeoperation andensurebank complywiththoseregulation Support DHtoensure implementationofPolicies andIUP Support Core Banking project for system UAT and Report development and enhancement to meetregulatoryrequirementandefficiency of operations SupportlaunchingofNewProduct arrangementbyconductingUAT. Customer: Developandmaintain strongstakeholdermanagementwithkeystakeholderswithinMUFG. Supportandresolve customerenquiriesandprovideexcellent customerservice. Work in partnership with Compliance to understand relevant operational guidelines, MUFGsstandardproceduresandlocalregulationsandassesstheimpactonthedaily operationsworkflow. Work in partnership with the wider operations team for information sharing and to ensure thattransactions areprocessed accuratelyandin atimelymanner. TosupportdevelopmentalprojectsrelatingtotheDepartment. People: Goodinteamwork. LiaisonwithBusinessteamfortimely &qualitydeliverablesof assistance/services. Other/Control Perform the checking process on operational issues, escalated by the less experienced members oftheteam. Performthereconciliationofanydailypendingtransactions Support the Head of Department in determining the level of support on new MUFG product offeringsbycarryingoutreviewsonresourcingissues, internalpolicies,workarounds,andsystemcapabilities. Support the Head of Department in achieving the departments KPIs, set by the BranchManagement. Support inmanagingtheriskprofile forthedepartment. Supportinternalandexternalaudits withinthedepartmentbypreparingdocumentationasrequired Maintaingoodworking knowledgeofindustry trends,products,relevant laws,andregulations Adheretoallcompanypolicies aswellasguidelines CandidateProfile Minimum5to7years ofrelevantexperienceandsound knowledgeoftheBGoperation Strong PCskills (MSOffice) Goodinterpersonalskills todealcourteouslyandeffectivelywithothers. Goodunderstandingofbasicbanking products. Understanding oflocalrelevant regulations. RegulatoryCertificationwouldbepreferred. Goodinterpersonalskills todealcourteouslyandeffectivelywithothers. Attentiontodetails. Graduateand/orPostgraduate EqualOpportunityEmployer TheMUFGGroup iscommittedtoprovidingequalemploymentopportunitiestoallapplicantsandemployeesand does not discriminate on the basis of race, colour, national origin, physical appearance, religion, genderexpression,gender identity,sex,age,ancestry,marital status,disability,medical condition,sexualorientation,genetic information, or any other protected status of an individual or that individual's associates or relatives,oranyotherclassification protectedbytheapplicable laws.

Location: bangalore, IN

Posted Date: 11/22/2024