About this role
Assistant Vice President, Loans Middle Office
MAIN PURPOSE OF THE ROLE
Responsibility to maintain accurate and timely operations. Particularly:
- Review loan agreements from an Operational lens to ensure the mechanics of the facility can be supported.
- Provide feedback to the Front Office from an Operations perspective on draft agreements for consideration when finalising the detail of the facility
- Extract data points from the loan agreement to enable event management during the loan trade cycle.
- Input of facility data upon signing/activation of a loan agreement, creating a credit line and input of collateral.
- Ensure Bank’s SOX processes relating to deal origination are followed.
- Log any future updates highlighted in loan documentation e.g. to fees, margin and extension of maturity date in the electronic diary.
- Be proactive in resolving queries within the team or escalating appropriately.
- Act upon approved credit applications or e-mail correspondence in a timely manner (within 3 business days) ensuring any reports/conditions are updated accurately within the banks systems.
- All system approvals are to be completed on the same day as the update is performed. System approvals within team should be completed within 3 business days.
- Accurately produce monthly reports and circulate within 8 business days of each month end.
- Assist in project related work, with the ability to suggest enhancements to a given process or procedure.
KEY RESPONSIBILITIES
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In this role, you will be responsible for providing support when required across MUFG’s banking arm and securities business under a dual-hat arrangement. Under this arrangement, you will act and make decisions on behalf of both the bank and the securities business, subject to the same remit and level of authority, and irrespective of the entity which employs you.
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WORK EXPERIENCE
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Experience of reviewing loan agreements.
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Experience working in front, middle or back office environment.
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Ability to work under pressure, whilst still being able to produce neat, accurate work and communicate clearly and effectively with others.
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Be a strong team player that can demonstrate excellent attention to detail, whilst moving from task to task without the loss of accuracy.
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Reliable, enthusiastic and driven to improve business practices.
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SKILLS AND EXPERIENCE
Functional / Technical Competencies:
- Excellent communications skills, clear and effective communicator
- Ability to work under pressure, manage priorities and excellent organisational skills
- Computer literate and fully conversant with MS Office tools.
Education / Qualifications:
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Essential
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A level or equivalent education is essential
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Bachelor’s degree is preferable
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Equivalent experience will be considered
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PERSONAL REQUIREMENTS
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Excellent communication skills
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A proactive, motivated approach.
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The ability to operate with urgency and priorities work accordingly
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Strong decision making skills, the ability to demonstrate sound judgement
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A structured and logical approach to work
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Strong problem solving skills
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Results driven, with a strong sense of accountability
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Excellent interpersonal skills
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The ability to manage large workloads and tight deadlines
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Excellent attention to detail and accuracy
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A calm approach, with the ability to perform well in a pressurised environment
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Strong numerical skills
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Excellent Microsoft Office skills - Intermediate Excel
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We are open to considering flexible working requests in line with organisational requirements.
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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.
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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.
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About US
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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!
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Our Culture Principles
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Client Centric
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People Focused
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Listen Up. Speak Up.
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Innovate & Simplify
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Own & Execute