Analyst, Trade Finance Middle Office - CSTF Team

MUFG; City Of London; On-site; GBP 30,000 - 40,000; Full time

Job summary

A leading financial group in the City of London seeks a Trade Finance Assistant to support monitoring collateral and managing facilities. Candidates should possess a strong background in trade finance and excellent communication skills. This role emphasizes client centricity and requires a proactive approach. Ideal for those looking to grow in a dynamic financial environment.

Qualifications

• Experience in a Trade Finance related control environment required.
• Essential to have strong communication and problem solving skills.
• A Level or equivalent preferred.

Responsibilities

• Assist with monitoring exposures and collateral values.
• Review client drawdown requests according to approved facilities.
• Provide administrative support for all products related to finance.

Skills

Experience in a Trade Finance related control environment

Good Excel skills

Excellent communication skills

Strong problem solving skills

Strong numerical skills

Education

Minimum GCSE (or equivalent) in core academic subjects

A Level (or equivalent) preferred

Additional language skills advantageous

Job description

Overview

Do you want your voice heard and your actions to count?

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.

Mitsubishi Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with around 3,000 offices in more than 50 markets. The Group has over 180,000 employees, and offers services 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 to respond to all of the financial needs of it’s clients, serving society, and fostering shared and sustainable growth for a better world.

Main Purpose of the Role

Assist with the monitoring of exposures and collateral values to ensure ratios remain within approved limits and sub-limits where applicable. Assist with the maintenance, creation and set up of all facilities and necessary controls and administrative duties [including the operational aspects of the collateral management system ‘TRAC’], required for facility and day to day operation.

Key Responsibilities

• With support, perform reviews of term sheets, credit applications [Ringi’s] & facility documentation to ensure workability. This will ensure smooth and efficient deal processing when necessary without unnecessary delays.
• Creation and maintenance of facilities and limits in TRAC, OVS and databases.
• With support, review client drawdown requests to ensure that transactions are in accordance with the terms of the approved facilities.
• Primarily provide administrative support for all products related to commodity and non-commodity if/when required.
• Daily liaison with respective stake holders such as clients, relationship, product managers and operational units.
• Under the guidance of more senior team members, monitor and control on a daily basis of the exposures handled by the Trade Finance Middle Office under the present facility portfolio.
• To monitor inward communications and prioritise according to the importance of subject matter with an emphasis on client centricity.
• Become familiar with individual processes and business flows for each different client. This is an essential function necessary for client experience and knowledge level up to new or additional members joining TFMO.
• To provide technical and operational assistance to all stakeholders including clients, Relationship Managers, branches and operational units within EMEA.
• Monitor balances between Bank’s accounting system and exposure management tools for all allocated or monitored limits in order to retain an accurate record of exposure.
• Ensure that reporting obtained from the Jasper system correctly reflects the exposure relative to the facilities under the control and management of TFMO, and that at the appropriate reconciliation periods the control systems [TRAC] are in parallel with the banks accounting system OVS.

Work Experience

Essential:

• Experience in a Trade Finance related control environment.

Skills and Experience

Functional / Technical Competencies:

Essential

• Previous experience of working within a control function with a Trade Finance focus.

Preferred:

• Good Excel skills

Education / Qualifications

• Minimum GCSE (or equivalent) in core academic subjects
• A Level (or equivalent) preferred
• Additional language skills advantageous

Personal Requirements

• Excellent communication skills
• A proactive, motivated approach.
• The ability to operate with urgency and prioritise work accordingly
• A structured and logical approach to work
• Strong problem solving skills
• A creative and innovative approach to work
• Excellent attention to detail and accuracy
• Strong numerical skills

We are open to considering flexible working requests in line with organisational requirements.

MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.

We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.

At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!

Our Culture Principles

• Client Centric
• People Focused
• Listen Up. Speak Up.
• Innovate & Simplify
• Own & Execute