Administrator Nostro Reconciliation

About MUFG Global Service MGS MUFG Bank Ltd is Japan s premier bank with a global network spanning in more than 40 markets Outside of Japan the bank offers an extensive scope of commercial and investment banking products and services to businesses governments and individuals worldwide MUFG Bank s parent Mitsubishi UFJ Financial Group Inc MUFG is one of the world s leading financial groups Headquartered in Tokyo and with over 360 years of history the Group has about 120 000 employees and offers services including commercial banking trust banking securities credit cards consumer finance asset management and leasing The Group aims to be the world s most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers serving society and fostering shared and sustainable growth for a better world MUFG s shares trade on the Tokyo Nagoya and New York stock exchanges For more informat About Us MUFG Bank Ltd is Japans premier bank with a global network spanning in more than 40 markets Outside of Japan the bank offers an extensive scope of commercial and investment banking products and services to businesses governments and individuals worldwide MUFG Banks parent Mitsubishi UFJ Financial Group Inc MUFG is one of the worlds leading financial groups Headquartered in Tokyo and with over 360 years of history the Group has about 120 000 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 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 Global Service Private Limited Established in 2020 MUFG Global Service Private Limited MGS is 100 subsidiary of MUFG having offices in Bengaluru and Mumbai MGS India 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 India 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 About the Role Position Title Administrator Corporate Title Administrator Reporting to AVP - Reconciliation Location Bangalore Job Profile Purpose of Role Responsible managing various type of Cash reconciliations Ensure ownership is identified for breaks and reporting of each break to the relevant owner and escalating the issues breaks via pre-agreed criteria and matrix Main Responsibilities Responsible for completion of day-to-day reconciliation activity as per standards and ensure accurate and timely delivery of assigned production duties He she needs to ensure team adherence to all cut-off times and quality of processing as maintained in SLAs He she should ensure that all queries related to routine activities are responded to within the time frame specified He she needs to escalate the feed related issues and system issue to appropriate support team on timely manner Other Control Able to identify the cause and assign the cash break to correct team for further investigation resolution Escalate all issues in time to the appropriate level to avoid any adverse impact on the business Provide input into local operations processes and workflows to deliver best practice efficiency and mitigate risk Prepares various MIS of the department to ensure proper control on the operations Support in managing the risk profile for the department Coordinate information to respond in a timely matter to auditors and regulators Support in developing and updating policies to ensure alignment with all relevant regulations Support internal and external audits within the department by collating preparing documentation as required Adhere to all company policies as well as guidelines Provide the necessary data inputs for various committees and meetings for department operations Candidate Profile Have strong knowledge of Reconciliation Swifts Payments and accounting principles Needs to be a self-starter with significant ability to undertake initiatives Diligent and attention to Detail Proficient in MS Excel Effective communication skills to interact with various stakeholders and address issues Understanding of System operational processes and willingness to learn the process Graduate Degree obtained Desirable to have at least 1-3 years of relevant experience