International Settlements Operations Associate, AVP

MUFG · New York City, NY

Company

MUFG

Location

New York City, NY

Type

Full Time

Job Description

Your potential. Your opportunity.

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

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 6th largest financial group in the world. Across the globe, we're 160,000 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.

This is a hybrid position. The selected colleague will work at an MUFG office an average of two to three days per week with the remainder worked remotely.

This role is responsible for all settlements, collateral and cash management in non-US markets with an increased focus on Global Triparty. They will process and remediate daily reconciliations that will allow for proper balance and controls for all settlement and cash accounts. This candidate will have in depth knowledge of our central clearing counterparties, Euroclear and DTC, as well as our settlement systems, Gloss, BPS, Euclid, ClearancePro, Impact, BNYM BDC and BNYM Accessedge Global Platform a plus.

Daily responsibilities:

Cash and collateral movements, allocations to and from BNYM Accessed/BDC and global custodians

Fail report- validate, research, update

Settlement of all International trades

Buy- ins

End of day balancing for non-US Markets

Processing and settlement of conversions

Working with settlements, trading desk and triparty team to ensure settlement and allocation

Additional responsibilities:

  • Create and modify processes and procedures
  • Audit inquiries

System knowledge required listed by priority:

GLOSS

Impact

Euroclear

DTCC Settlement Web

DTCC PORTAL

BPS/ADP/GFW(Global Framework)

Microsoft Suite

The typical base pay range for this role is between $90K - $110K depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.

MUFG Benefits Summary

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.

We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual's associates or relatives that is protected under applicable federal, state, or local law.

#LI-Hybrid

Date Posted

03/10/2023

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