Associate, Business Support - Global Corporate and Investment Banking

Mitsubishi UFJ Financial Group, City of Westminster

Associate, Business Support - Global Corporate and Investment Banking

Salary Not Specified

Mitsubishi UFJ Financial Group, City of Westminster

  • Full time
  • Permanent
  • Onsite working

Posted 2 weeks ago, 28 Sep | Get your application in now before you miss out!

Closing date: Closing date not specified

job Ref: 2d31ab8b486c4e1f92c0e5389026df5d

Full Job Description

Provide proactive, thorough and accurate support by conducting key monitoring and reporting tasks, working closely with the Origination and Portfolio teams of ESFO to provide valuable support to ensure as a business there are no breaches of credit policy, lapses in credit sanctions or reputational damage as well as assisting them on various internal processes for both new and existing transactions., 1) Responsible for the monitoring, updating and reporting of the following tasks:

  • Monitoring of Borrower Ratings
  • New Business Credit Application expiry dates
  • Covenant set up and ongoing monitoring
  • Monitoring of Conditions and Instructions set by Credit Teams
  • Waiver request monitoring
  • 2. Perform accurate and timely administrative, reporting and due date control tasks in relation to the above in an efficient and responsive manner in order to manage operational risks and ensure internal and external deadlines are adhered to. 3. Review documentation and extract covenants to be monitored for newly signed transactions and amendments as well as monitoring the receipt of covenants and reporting any breaches/outstanding covenants 4. Responsible for ensuring that data is transposed on to GCARS (Credit System) accurately, according to the specifics of the deals and in accordance with bank credit policy for Credit Applications and Borrower ratings for new and existing transactions 5. Responsible for ensuring that the necessity for FX liquidity application is evaluated and, when required, that submission is within the timeframe stipulated by the approving division 6. Assist deal team members with completion of fee notifications and fee accruals ensuring accuracy and adherence to deadlines, as stipulated by the relevant SOX controls. 7. Build relationships throughout MUFG to establish a peer network, hold regular meetings with stakeholders, gather relevant information and help to ensure effective interactive inter-departmental collaboration. 8. Seek opportunities and drive implementation of process enhancements to increase efficiency, accuracy and collaborative working. 9. Represent Business Support and the wider GCIB at internal forums/Working Groups as required and contribute to discussions in order to promote efficiencies and more effective working practices 10. Develop an excellent understanding of all core systems and procedures within GCIB. 11. Provide training to new/junior members of the team in London and Bangalore and check aspects of their work 12. Undertake any ad-hoc exercises/reporting as assigned.

  • Strong understanding of banking products and systems
  • Banking/Financial background
  • Experience working within a support team
  • Loan Documentation and covenant monitoring experience
  • SKILLS AND EXPERIENCE Functional / Technical Competencies: Essential
  • Proficient in Excel and Word
  • Relevant industry experience and/or experience of working in a support team
  • Preferred: Education / Qualifications: Essential
  • A Level and/or relevant work experience
  • PERSONAL REQUIREMENTS
  • Good communication skills
  • Results driven, with a strong sense of accountability
  • A proactive, motivated approach
  • Excellent attention to detail and accuracy
  • The ability to operate with urgency and prioritise work accordingly
  • A structured and logical approach to work
  • Good problem solving skills
  • A creative and innovative approach to work
  • Good interpersonal skills
  • The ability to manage large workloads and tight deadlines
  • A calm approach, with the ability to perform well in a pressurised environment
  • Strong Excel & Word skills
  • We are open to considering flexible working requests in line with organisational requirements.

    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.