Assistant Vice President, Network Manager at MUFG United Kingdom BTMU
London EC2Y, England, United Kingdom -
Full Time


Start Date

Immediate

Expiry Date

18 Jun, 25

Salary

0.0

Posted On

19 Mar, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Interpersonal Skills, Communication Skills, Broker Dealer, Logical Approach, Collateral, Discrimination, Accountability, Derivatives, Maternity

Industry

Financial Services

Description

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 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.
MUFG (Mitsubishi UFJ Financial Group) is one of the world’s leading financial groups. Headquartered in Tokyo and with approximately 350 years of history, MUFG is a global network with around 2,300 offices in over 50 countries including the Americas, Europe, the Middle East and Africa, Asia and Oceania, and East Asia.. The group has over 150,000 employees, offering services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.
As one of the top financial groups globally with a vision to be the world’s most trusted, we want to attract, nurture and retain the most talented individuals in the market. The size and range of MUFG’s global business creates opportunities for our employees to stretch themselves and reap the rewards, whilst our common values, to behave with integrity and responsibility, and to build a culture which is fair, transparent, and honest, underpin everything that we do. We aim to be the financial partner of choice for our clients, whatever their requirements, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.
MUFG’s shares trade on the Tokyo, Nagoya, and New York (NYSE: MTU) stock exchanges. The group’s operating companies include, but are not limited to, MUFG Bank, Mitsubishi UFJ Trust and Banking (Japan’s leading trust bank), Mitsubishi UFJ Securities Holdings (one of Japan’s largest securities firms), and MUFG Americas Holdings.
Please visit our website for more information - mufgemea.com.
Markets and Securities is part of the Operations Office for EMEA that supports MUFG’s core products and services including Banking (commercial/retail based payments, loans, derivatives, trade finance) and Securities (Derivatives, FX, Fixed Income, Equity etc.). The role of Operations Network Management is to manage the interaction between Operations, MUFG’s internal clients (Front Office, Trading Desks etc.) and MUFG external Agent network (cash, custodian etc.) and also has close ties with other support areas such as Finance, Legal, Compliance and Risk.

WORK EXPERIENCE

The role will include the following primary responsibilities:

  • Previous Network Management experience or in a similar role is essential
  • Good understanding of front to back transaction flows within an Operational context
  • Experience in another Operational role such as Settlements, Collateral, Trade Support, Ops Project Management would be beneficial
  • Experience in helping on projects and initiatives
  • Experience in managing Cash and Custody relationships
  • Experience in Derivatives clearing would be advantageous
  • Previous experience within a top tier Broker-Dealer preferable but not essential

PERSONAL REQUIREMENTS

  • Excellent Microsoft Office skills
  • Excellent communication skills
  • Results driven, with a strong sense of accountability
  • A proactive, motivated approach
  • A structured and logical approach to work
  • Strong problem solving skills
  • A creative and innovative approach to work
  • Excellent interpersonal skills
  • The ability to manage large workloads and tight deadlines
  • Excellent attention to detail and accuracy
  • A calm approach, with the ability to perform well in a pressurised environment
  • Confident manner when dealing with senior stakeholders.
    We are open to considering flexible working requests in line with organisational requirements.
    MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.
    We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law
Responsibilities

MAIN PURPOSE OF THE ROLE

The Network Management team is in a pivotal position within MUFG Securities and MUFG Bank as it is responsible for managing all Cash, Custody, Clearing and Execution relationships such as Nostro agents, Custodians, Clearing Houses, Brokers, E-platforms and Exchanges.
In this role, you will be responsible for supporting the Network Management team across MUFG’s banking arm and securities business under a dual-hat arrangement. Under this arrangement, you will act and make decisions on behalf of both the bank and the securities business, subject to the same remit and level of authority, and irrespective of the entity which employs you.
The main purpose of the role is to support the Network Management team in on/off boarding new Agent relationships, assisting on all relationship management aspects including issue management, escalations, fee reviews and due diligence reviews, whilst also supporting Management with ad hoc requests. The role will be relationship focused and will also involve a large degree of analysis, monitoring and change work in order to ensure MUFG makes the most of all our external relationships.

KEY RESPONSIBILITIES

The role will include the following primary responsibilities:

  • Ongoing reviews of Agent Bank providers. This will include various Due Diligence procedures such as annual Due Diligence questionnaires, contract reviews and arranging periodical service review meetings
  • Co-ordination of new relationship documentation – including legal agreements and account opening documentation
  • Proactively assist with incoming queries whilst ensuring all issues are resolved in a timely manner
  • Assisting in the creation and production of Network Management MIS
  • Understand process flows to be to be able to identify workflow and operational efficiencies
  • Assisting on regulatory and change projects such as ISO20022 and T+1
  • Assisting with the day to day management of the Cash and Custody Invoicing and Recharging process
  • Build relationships throughout MUFG to establish a peer network, gather relevant information and help to ensure effective inter-departmental collaboration
  • Adherence to global standards of information storage and dissemination
  • On-boarding new Banking accounts on to MUFG’s systems

The role will include the following primary responsibilities:

  • Previous Network Management experience or in a similar role is essential
  • Good understanding of front to back transaction flows within an Operational context
  • Experience in another Operational role such as Settlements, Collateral, Trade Support, Ops Project Management would be beneficial
  • Experience in helping on projects and initiatives
  • Experience in managing Cash and Custody relationships
  • Experience in Derivatives clearing would be advantageous
  • Previous experience within a top tier Broker-Dealer preferable but not essentia
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