Administrator Remittance

Year    Bangalore, Karnataka, India

Job Description


About MUFG Global Service (MGS)MUFG Bank, Ltd. is Japanxe2x80x99s premier bank, with a global network spanning in more than 40 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. MUFG Bankxe2x80x99s parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the worldxe2x80x99s leading financial groups. Headquartered in Tokyo and with over 360 years of history, the Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.The Group aims to be the worldxe2x80x99s most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFGxe2x80x99s shares trade on the Tokyo, Nagoya, and New York stock exchanges.For more informatAbout Us:MUFG Bank, Ltd. is Japans premier bank, with a global network spanning in more than 40 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. MUFG Banks parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the worlds leading financial groups. Headquartered in Tokyo and with over 360 years of history, the Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to be the worlds most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFGs shares trade on the Tokyo, Nagoya, and New York stock exchanges.MUFG Global Service Private Limited:Established in 2020, MUFG Global Service Private Limited (MGS) is 100% subsidiary of MUFG having offices in Bengaluru and Mumbai. MGS India has been set up as a Global Capability Centre / Centre of Excellence to provide support services across various functions such as IT, KYC/ AML, Credit, Operations etc. to MUFG Bank offices globally. MGS India has plans to significantly ramp-up its growth over the next 18-24 months while servicing MUFGs global network across Americas, EMEA and Asia PacificJob ProfilePurpose of Role:Responsible for supporting business team in execution of functions related transaction processing, timely response to queries raised, record maintenance, reconciliation, follow internal and regulatory procedures and liaise with other internal stakeholders to ensure smooth processing of transactions.Main Responsibilities:Process:

  • Perform the duties of Maker for the activities assigned diligently.
  • Understand the process/ policies of the Bank and adhere to the needs.
  • Work closely with overseas branch to process / execute the transactions as per accuracy / quality standards / SLAs of the Bank.
  • Learn the system functions and adhere to the controls.
  • Support overseas branch to resolve operational incidents / reporting (if any).
  • Provide suggestion(s) to improve / streamline the operational processes.
Customer:
  • Develop and maintain strong stakeholder management with key stakeholderswithin MUFG.
  • Support and resolve customer enquiries and provide excellent customer service.
  • Work in partnership with Compliance to understand relevant operational guidelines, MUFGs standard procedures and local regulations and assess the impact on the daily operations workflow.
  • Work in partnership with the wider operations team for information sharing and to ensure that transactions are processed accurately and in a timely manner.
  • To support developmental projects relating to the Department.
People:
  • Good in teamwork
Other / Control:
  • Perform the checking process on operational issues, escalated by the less experienced members of the team.
  • Perform the reconciliation of any daily pending transactions
  • Support the Head of Department in determining the level of support on new MUFG product offerings by carrying out reviews on resourcing issues, internal policies, workarounds and system capabilities.
  • Support the Head of Department in achieving the departments KPIs, set by the Branch Management.
  • Support in managing the risk profile for the department.
  • Support internal and external audits within the department by preparing documentation as required
  • Maintain good working knowledge of industry trends, products, relevant laws and regulations.
  • Adhere to all company policies as well as guidelines
Candidate Profile:
  • Minimum 1 to 3 years of relevant experience in managing Remittances and other payment products
  • Strong PC skills (MS Office)
  • Knowledge of SWIFT message types and Payment Systems; GPP, CHAPS, SEPA, RTGS etc
  • Exposure to Account opening process, static data maintenance process & customer data management.
  • Exposure to clearing and payment processes (Both inward and outward)
  • Understanding various system application used for clearing / deposit booking
  • Exposure to regulatory guidelines related to domain.
  • Good interpersonal skills to deal courteouslyand effectively with others.
  • Attention to details.

MUFG

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Job Detail

  • Job Id
    JD3639070
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Bangalore, Karnataka, India
  • Education
    Not mentioned
  • Experience
    Year