Analyst, Trade Finance Middle Office - CSTF Team

MUFG Americas; City Of London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading financial group in the City of London is seeking an individual to assist with monitoring exposures and collateral values in Trade Finance. The ideal candidate will have experience in a Trade Finance control environment, possess strong communication abilities, and demonstrate a proactive approach to tasks. This role offers an opportunity to contribute meaningfully in a dynamic financial setting.

Qualifications

• Experience in a Trade Finance related control environment.
• Minimum GCSE (or equivalent) in core academic subjects.
• A Level (or equivalent) preferred.

Responsibilities

• Assist with the monitoring of exposures and collateral values.
• Perform reviews of term sheets and facility documentation.
• Review client drawdown requests against approved facilities.
• Provide administrative support for commodity products.

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.