Business Analyst for Banking Operations

7 days ago


Bengaluru, Karnataka, India MUFG Full time

About MUFG

As a global leader in the financial industry, MUFG Bank, Ltd. offers a wide range of commercial and investment banking products and services to businesses, governments, and individuals worldwide.

The company's parent, Mitsubishi UFJ Financial Group, Inc. (MUFG), is one of the world's leading financial groups with over 360 years of history. Headquartered in Tokyo, MUFG has about 120,000 employees and operates across various segments, including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.

MUFG aims to be the world's most trusted financial group through close collaboration among its operating companies and provides flexible services to meet the diverse financial needs of customers, contributing to sustainable growth and societal development.

MUFG Global Service Private Limited:

MUFG Global Service Private Limited (MGS) is a 100% subsidiary of MUFG, established in 2020, with offices in Bengaluru and Mumbai. MGS India serves as a Global Capability Centre / Centre of Excellence, providing support services across various functions such as IT, KYC/AML, Credit, Operations, and more to MUFG Bank offices globally.

About the Role:

This position is ideal for experienced professionals who can demonstrate high levels of accuracy and proficiency in handling customer transactions and coordinating with branches to ensure timely settlement of BG vetting, issuance, amendment, and cancellation requests.

The successful candidate will work closely with the Department Head to implement policies and procedures, ensure compliance with regulatory requirements, and contribute to the development of new products and systems.

Responsibilities:

  • Process and manage bank guarantees, ensuring accurate and timely completion of tasks
  • Monitor new regulations and changes from regulators and headquarters that impact bank guarantee operations
  • Support the development of MIS and regulatory reports related to bank guarantee operations
  • Collaborate with the operations team to ensure accurate and efficient processing of transactions
  • Develop and maintain strong stakeholder relationships within MUFG
  • Resolve customer inquiries and provide excellent customer service
  • Work with Compliance to understand operational guidelines and assess their impact on daily operations
  • Participate in developmental projects relating to the department

Requirements:

  • Minimum 2-7 years of experience in bank guarantee operations or a related field
  • Strong PC skills, including MS Office
  • Excellent interpersonal and communication skills
  • Good understanding of basic banking products and local regulations
  • Regulatory certification preferred
  • Attention to detail and ability to work in a team environment

Salary: ₹1,200,000 - ₹1,800,000 per annum



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