VP - Lending Operations [T500-9862]

About Us

MUFG Bank, Ltd. is Japan’s 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 Bank’s parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s 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 world’s 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. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges.

For more information, visit https://www.mufg.jp/english

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 MUFG’s global network across Americas, EMEA and Asia Pacific

Position details: Syndicated Debt Services, Member Operations - VP

Job Summary

This function will be responsible for managing the Wipro Member Servicing Team in India, supporting MUFG Bank, Ltd., New York Branch.

Responsibilities
• Responsible for the day-to-day management of the Member Offshore IRIS and Loan Admin group, servicing Commercial Loan assets. Typical activities include notice management, bookings/amendments, fundings, paydowns, rollovers, and other life cycle events
• Ensure all lending transactions are managed appropriately, minimizing operational risks and losses, and ensuring compliance with all bank policies and procedures
• Act as the main point of contact related to SOX testing, internal and external audit requests, issue escalation, etc.
• Minimize population of KRI’s, breaks, and exception items within the space
• Coordinate with the VP for support on initiatives, including technology or infrastructure enhancements, system upgrade and replacement efforts, human capital discussions, etc. and ensure appropriate resource allocation, business requirements, SME knowledge, testing, and implementation
• Design and implement departmental structural and procedural changes where necessary
• Performance management, including setting objectives, performance evaluations, disciplinary procedures

Qualifications
• Minimum 10 years of experience
• Comprehensive knowledge of the Syndicated Loan Market and Commercial Loan Servicing
• In-depth knowledge of Syndicated Loan Market initiatives aimed at streamlining and improving settlement automation and servicing, including API integration with industry standard platforms, FpML, Blockchain, DLT, OCR, Robotics/Automation
• Deep understanding of Syndicated Loan Market conventions to manage the banks Commercial Loan products
• Management experience, including managing a remote team
• Comfortable interacting with senior internal and external stakeholders, including the Bank’s Clients, Investors, other Agent Banks, Issuing Banks, Syndications, Front Office etc.
• Ability to analyze and streamline operational processes, improving productivity and efficiency
• Knowledge of systems used to manage the Syndicated lending business: ACBS, Loan IQ, Clearpar, Syndtrak, Intralinks, Debt Domain

Equal Opportunity Employer

The MUFG Group is committed to providing equal employment opportunities to all applicants and employees and does not discriminate on the basis of race, colour, national origin, physical appearance, religion, gender expression, gender identity, sex, age, ancestry, marital status, disability, medical condition, sexual orientation, genetic information, or any other protected status of an individual or that individual's associates or relatives, or any other classification protected by the applicable laws