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Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. 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.
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.Job Summary:
Support day-to-day operations in the Documentation group for OTC Derivatives (Foreign Exchange, Money Market and FX Options), ensuring all relevant processing and maintenance functions are completed accurately within prescribed timeframes and in accordance with established departmental procedures.
Responsibilities:
Prepare and review ISDA and EMTA based confirmations for FX Options and Non-Deliverable Forward (paper-based trades).
Process confirmations for SWIFT, FXALL, Misys electronically confirmed trades.
Perform end of day reconciliation of outgoing derivative payments.
Setup standard settlement instructions of derivative transactions.
Execute daily reconciliation of incoming USD settlements and report any variances.
Interact with Counterparty, Front Office and Legal as needed to resolve confirmation issue(s).
Ensure the tracking of outstanding confirmations is recorded and reported to management.
Raise and respond to internal and external inquiries timely and with professionalism.
Understand the roles and responsibilities of other units we deal with and effectively communicate with those units when required.
Work with the team and assist with ad-hoc requests and project related task(s).
Participate in user acceptance testing for systems upgrades, database conversions and introduction of new systems.
Provide guidance and training to other team members as needed.
Qualifications:
Proficiency of EMTA and ISDA FX definitions preferred.
Work independently; strong attention to detail; must be able to effectively time manage and prioritize multiple responsibilities; strong organizational and communication skills (both verbal and in written form); proficient at Microsoft Excel and Word; strong analytical and problem-solving skills; ability to quickly adapt to change and work in a deadline-oriented environment; ability to work independently and as part of a team.
Bachelor's degree required; 2-4 years of FX documentation experience within a banking/investment banking environment.
The typical base pay range for this role is between $65K - $85K depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. 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. For more information on our Total Rewards package, please click the link below.
MUFG Benefits Summary
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.
