Client Services Analyst for Japanese Corporate - New York, United States - MUFG Bank, Ltd.

MUFG Bank, Ltd.
MUFG Bank, Ltd.
Verified Company
New York, United States

3 weeks ago

Mark Lane

Posted by:

Mark Lane

beBee recruiter
Description

Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we're 120,000 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.


The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day.

A member of our recruitment team will provide more details.


Job Summary:


The Japanese Corporate Banking (JCB) Client Services Analyst's primary responsibility is to assist JCB corporate banking clients in responding their inquiries and requests, determining appropriate pricing of loans and deposits based on the market condition at the time of request and relationship status and instructing middle and back office to book transactions once the rates are agreed upon.

As a JCB Client Services Analyst, you will contribute to the growth of JCB and maximize overall client satisfaction.

It is also your responsibility to proactively reach out to the clients in case of irregular activities at their account to resolve any discrepancies as well as funding shortage in order to protect the client fund by acting as the first line of defense protecting the bank's capital, liquidity, and reputation.

JCB Client Services Analyst performs the essential function within the Client Services Department (CSD) of Japanese Corporate Banking (JCB), offering a wide range of services such as loans, deposit, investment, cash management and foreign exchange (FX), and play a critical role to differentiate MUFG's JCB itself from US local competitors.


Primary Responsibilities include:


Perform critical Interaction with JCB clients (80%):

  • Monitor maturing loans, deposits and foreign exchange (FX) transactions, proactively reaching out to the clients to ensure the client's funding, saving and forex needs are properly addressed each day
  • Determine the rate applicable to the clients based on the relationship status and credit approval conditions and seek funding rates from Global Market Division
  • Instructs the back office operations to proceed with booking the transactions once the terms and conditions of the products are agreed upon ensuring those meeting approved conditions confirming sufficient credit capacity,
  • Close foreign exchange deals (buying and selling) with all major currencies for spot dates and also set forward option contracts
  • Arrange standby domestic/Caymen/money market for various terms and conditions ensuring the rate quoted meeting all internal guidelines
  • Improving/maintaining client satisfaction by respond in a timely manner to various client inquiries and requests;
  • Deepen awareness and limit the potential for fraud. Investigate any suspicious activities and wire transfers, contacting clients to ensure all funding and fund transfers are properly authorized by registered representatives.
  • Monitor NSF(nonsufficient fund) data throughout the day and contact the client and relationship manager to address the NSF not to lead to overdraft
  • Monitor WIP account to ensure every entry should be accounted for to have correct GL data
  • Meet with the client to brief on the services CSD provides and support the relationship manager to market JCB's full service and dedicated client service resources

Inter-department coordination to address the client request and inquiries and contribute to department management through participation into trainings, projects and maintaining comprehensive data(20%):

  • Maintain full understanding of the Bank's internal policies and procedures relevant to credit policies (ACP/ACRP), transaction banking products, acquire knowledge and keep abreast of overall banking operation and products as well as the financial market conditions;
  • Work with Transaction Banking Client delivery team to follow up with the client to address any issues
  • Participate in departmental and JCB cross unit projects;
  • Update and maintain a variety of databases; retrieve data to produce reports, conduct analyses, and respond to client and management inquires;
  • Participate in Kaizen activity to improve accuracy and efficiency of operations and prepare and update CSD operation manuals and procedures, if any;
  • Perform duties as assigned by Department Head including, such as:
  • Assist with State, Federal, and internal audits.
  • Investigate and provide solutions
More jobs from MUFG Bank, Ltd.
See all jobs of MUFG Bank, Ltd.