Analyst Business Support

Year    Bangalore, Karnataka, India

Job Description


About MUFG Global Service (MGS)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.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 PacificAbout the Role:The role of the Global Corporate and Investment Banking (GCIB) Business Support team is to provide valuable support, monitoring and reporting as well as acting as an effective 1st line of defense from a Credit admin perspective for GCIB. The team covers all areas within GCIB including the Product side (European Structured Finance Office (ESFO), Global Aviation Finance Office (GAFO) Leverage Finance, EMEA Commodity & Structured Trade Finance (ECSTF) and Securitization as well as the Corporate/Coverage teams.Position Title: Analyst Business SupportCorporate Title: AnalystReporting to: AVP OR VPLocation: BangaloreJob ProfilePosition Detail:Support the Business Support Team in conducting key monitoring and reporting tasks on behalf of GCIB. Working closely with the Origination and Portfolio teams within GCIB as well as Business Support Londonto provide valuable support in ensuring GCIB adheres to the terms and conditions of its transactions both internally and externally as well asassisting them on various internal processes from a credit admin perspective.Key stakeholders in this role are; GCIB, Credit and Finance.Roles and Responsibilities:

  • Monitoring of Borrower Ratings
  • New Business Credit Application expiry dates
  • Information and financial Covenant set up and ongoing monitoring
  • Monitoring of Conditions and Instructions set by Credit Teams
  • Waiver request monitoring
  • Review Loan documentation and extract covenants to be monitored for newly signed transactions and amendments as well as monitoring the receipt of covenants and reporting any breaches/outstanding covenants
  • Perform various administrative and due date control tasks in relation to the above in an efficient and responsive manner in order to manage operational risks and ensure internal and external deadlines are adhered to
  • Update and maintain various reports to ensure that correct information is reflected and monitored on an ongoing basis and report outstanding positions each month
  • PerformDaily downloads from GCARS of approved Credit Applications & Borrower Ratings, saving files in relevant folders
  • Remind RMs of upcoming items and escalate where necessary if no action/update is made
  • Prepare Borrower rating shells in GCARS for existing transactions
  • Complete various exposure/loan utilization, rating/share price and branch reports
  • Follow up with Agent Banks re any outstanding covenants that havent been received in order to expedite receipt
  • On a semi-annual basis complete the Form 270 Variable Interest Entity (VIE) report, obtaining Total Asset and Paid in Capital figures from our borrowers Balance Sheets
  • Build relationships throughout MUFG to establish a peer network, gather relevant information and help to ensure effective interactive inter-departmental collaboration.
  • Develop an excellent understanding of all core systems and relevant procedures within GCIB.
  • Undertake any ad-hoc exercises/reporting as assigned
Job Requirements"Functional / Technical Competencies:
  • Basic understanding of Banking products
  • 2 years Banking / Financial background experience
  • Experience working within a support team in the Financial Services sector
  • A Level and / or relevant work experience
Work / Skills Experience:
  • Loan Documentation and Information and Financial covenant monitoring experience
  • Strong Communication skills
  • Excellent attention to detail and accuracy
  • Results driven, with a strong sense of accountability
  • A proactive, motivated approach
  • The ability to operate with urgency and prioritize work accordingly
  • A structured and logical approach to work
  • Good problem solving skills
  • A creative and innovative approach to work
  • Good interpersonal skills
  • The ability to manage large workloads and tight deadlines
  • A calm approach, with the ability to perform well in a pressurized environment
  • Strong Excel & Word skills

MUFG

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Job Detail

  • Job Id
    JD3643752
  • 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