Vice President, Finance & Banking

Position: Payments, Vice President
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 150,000 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:

** The incumbent is responsible for overseeing the direct operations of the Remittance, Clearing & Settlement Services and Foreign Currency Remittance units within the Money Transfer Department.  In this capacity, the incumbent is expected to effectively: (a) Manage all aspects relating to administration, workflows, and staffing priorities; (b) ensure that operations are efficiently executed and effectively fulfill identified requirements; (c) provide an environment that allows staff to achieve developmental and business goals, and contribute towards the Department’s higher level objectives;  

(d) identify and rectify operational (e.g., procedural, system., etc.,) issues that hinder achievement of identified productivity and quality targets. (e) identify processing/services and/or workflow inefficiency and implement corrective measures; (f) ensure quality customer service is always provided; (g) identify risks and mitigate such risks; (h) ensure proper management oversight is always in place.
** WORK EXPERIENCE
*** Extensive experience within a complex financial services (and/or highly regulated) environment in bank operations, payments processing or corporate treasury services
* Comprehensive understanding of key banking regulations
** FUNCTIONAL SKILLS
*** Thorough understanding of commercial banking operations, bank documentation, foreign and domestic wires, ACH, and check payments, merchant processing settlement functions and other common corporate treasury services
* Advanced knowledge of:  + Front to back foreign and domestic payments operations processing flows  + Relevant {region-specific] regulations  + SWIFT, FED, CHIPS format  + ISO 20022  + Banking regulations  + Payment Systems infrastructure  + NACHA rules  + Fraud  + Compliance  + Sanctions screening  + USD and FC Clearing Operations  + Risk management and audit methodologies  + Fixed Assets capitalization & maintenance  + Reporting and reconciliation processes  + Analysis of various financial instruments
** FOUNDATIONAL SKILLS
*** Demonstrates leadership
* Communicates effectively
* Identifies multiple paths to success using analytical and critical thinking as well as decision-making skills
* Operates strategically to support a culture of continuous improvement and systems thinking
* Makes sound business decisions in a complex work environment
* Collaborates with other business functions and divisions to advance business objectives
* Is flexible, decisive, and able to establish support from leadership
* Monitors industry trends and best practices and applies insights to advance the business
* Exhibits and fosters optimism, resilience, flexibility, and openness to others' ideas
* Inspires innovation and values learning as a lifelong professional objective
* Leads by example, engaging inclusively and with intent
* Always acts with integrity
** RESPONSIBILITIES
* ** Oversee financial wires and other electronic financial transactions
* Manage documentation and instructions for SWIFT, EDI, and client internal origination processing,  limits, and money transfers
* Continuously evaluate internal process controls to identify payment operations weaknesses and any associated risks, make recommendations on how to mitigate…