Vp Operations

Year    Bangalore, Karnataka, India

Job Description


About MUFG Global Service (MGS)

MUFG Enterprise Solutions India Private Limited (MUFG Global Service) is the Global Capabilities Centre (GCC) of Mitsubishi UFJ Financial Group (MUFG), the world\'s fifth largest financial institution by assets. Launched in 2020, our operations has expanded to a team of over 400 employees across three offices in Bengaluru and Mumbai. We are a global integrated centre of excellence for strategic cross-functional business solutions by offering and creating value, including: IT performance: Development for applications and middleware, support for infrastructure, cyber security and network monitoring, architecture support for supply chain finance and payments products Risk Advisory: KYC Quality Assurance and Control, AML & KYC Advisory, Governance , Issue Management, Conformance Global Business Services: Business Administration and Credit Analysis support.



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 2,100 locations in more than 50 markets. The Group has over 160,000 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 of 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 unrivalled network across the region VietinBank in Vietnam, Krungsri in Thailand, Security Bank in the Philippines and Bank Danamon in Indonesia.

For more information, visit

MUFG Global Services

Established in 2020, MUFG Global Services 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. 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

Position details: Syndicated Debt Services, Member Operations - VP

Job Summary

This function will be responsible for managing the Wipro Member Servicing Team in India, supporting MUFG Bank, Ltd., New York Branch.

Responsibilities

  • Responsible for the day-to-day management of the Member Offshore IRIS and Loan Admin group, servicing Commercial Loan assets. Typical activities include notice management, bookings/amendments, fundings, paydowns, rollovers, and other life cycle events
  • Ensure all lending transactions are managed appropriately, minimizing operational risks and losses, and ensuring compliance with all bank policies and procedures
  • Act as the main point of contact related to SOX testing, internal and external audit requests, issue escalation, etc.
  • Minimize population of KRIs, breaks, and exception items within the space
  • Coordinate with the VP for support on initiatives, including technology or infrastructure enhancements, system upgrade and replacement efforts, human capital discussions, etc. and ensure appropriate resource allocation, business requirements, SME knowledge, testing, and implementation
  • Design and implement departmental structural and procedural changes where necessary
  • Performance management, including setting objectives, performance evaluations, disciplinary procedures
Qualifications
  • Minimum 10 years of experience
  • Comprehensive knowledge of the Syndicated Loan Market and Commercial Loan Servicing
  • In-depth knowledge of Syndicated Loan Market initiatives aimed at streamlining and improving settlement automation and servicing, including API integration with industry standard platforms, FpML, Blockchain, DLT, OCR, Robotics/Automation
  • Deep understanding of Syndicated Loan Market conventions to manage the banks Commercial Loan products
  • Management experience, including managing a remote team
  • Comfortable interacting with senior internal and external stakeholders, including the Banks Clients, Investors, other Agent Banks, Issuing Banks, Syndications, Front Office etc.
  • Ability to analyze and streamline operational processes, improving productivity and efficiency
  • Knowledge of systems used to manage the Syndicated lending business: ACBS, Loan IQ, Clearpar, Syndtrak, Intralinks, Debt Domain
Equal Opportunity Employer
The MUFG Group is committed to providing equal employment opportunities to all applicants and employees and does not discriminate on the basis of race, colour, national origin, physical appearance, religion, gender expression, gender identity, sex, age, ancestry, marital status, disability, medical condition, sexual orientation, genetic information, or any other protected status of an individual or that individual\'s associates or relatives, or any other classification protected by the applicable laws.

MUFG

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Job Detail

  • Job Id
    JD3217460
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Bangalore, Karnataka, India
  • Education
    Not mentioned
  • Experience
    Year