Financial Services Administrator
3 weeks ago
MUFG Bank, Ltd. is a leading global bank with a strong presence in over 40 markets worldwide. As Japan's premier bank, we offer an extensive range of commercial and investment banking products and services to businesses, governments, and individuals globally.
We aim to be the world's most trusted financial group through close collaboration among our operating companies and flexible response to all customer needs. Our parent company, Mitsubishi UFJ Financial Group, Inc. (MUFG), is one of the world's leading financial groups, with a history spanning over 360 years. We have approximately 120,000 employees worldwide and provide services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.
Our goal is to foster shared and sustainable growth for a better world by serving society through our business activities. We are committed to promoting diversity and inclusion within our organization.
MUFG Global Service Private LimitedEstablished in 2020, MUFG Global Service Private Limited (MGS) is a 100% subsidiary of MUFG with offices in Bengaluru and Mumbai. MGS India serves 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.
We plan to significantly ramp up our growth over the next 18-24 months while servicing MUFG's global network across Americas, EMEA, and Asia Pacific regions.
About the RoleJob SummaryThe successful candidate will be responsible for processing Trade and Remittance transactions as assigned by the Team Lead/Director. The ideal candidate should demonstrate high accuracy levels and understanding of the transactions. The role involves assisting the Team Lead/Director in overall team activities and preparing/sharing MIS required for the department.
Main Responsibilities- Process all administrative tasks related to data capture, including scanning documents, document reconciliation, Fi-bridge entries to paperless folder, printing, post, running reports etc.
- Post duties and controls.
- Mechanical processing of; letters of credit (import and export and amendments), letters of guarantees/standby letters of credit (issuance) and fees in the banks systems, across all EMEA offices, supported.
- Letter of credit acceptance.
- Payments of TF instruments (including finance/discounts).
- Guarantee fee management.
- Documentary collection processing.
- Other reasonable tasks as requested.
- Minimum of 3 years of relevant experience in Trade Finance or a related field.
- Strong knowledge of Trade Finance products, including import and export LCs, collections, and financing.
- Familiarity with UCP600 and other relevant ICC publications.
- Awareness of UK, Japan, and OFAC sanction policies.
- Understanding of formatting Swift messages.
- Certification in any Trade Finance areas would be preferred.
The estimated salary for this role is ₹800,000 - ₹1,200,000 per annum based on location and industry standards.
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