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.

Summary:

The Assistant Vice President will be responsible for supporting the Internal Control Unit within MUFG Bank and will play a key role in mitigating risk within the function. This includes daily monitoring and reporting on Risk Indicators, as well as serving in a subject matter expert capacity for risk remediation. The role will report directly into the Vice President, who oversees Internal Control Unit Operations function in the US.

Major Responsibilities:

Responsibilities include: balancing account statements; reviewing, providing, correcting, and coding data; calculating and validating batch totals; conducting root cause analysis and remediation; resolving rejected entries and suspended items; updating financial transaction records, such as accounts receivable, disbursements, expense vouchers, payroll, receipts, and accounts payable; reconciling settlements and adjustment entries; remediating fund-processing errors; certifying asset and liability general ledger accounts; reconciling outstanding account balances; and supporting vendor quality control; conducting daily, monthly and quarterly certification of general ledger balances; monitoring and reporting on exceptions; and distributing exceptions to operations processing teams. This Reconciliation Operations AVP will support strategic programs within Operations and Governance Business Units. They will support managers responsible for driving out transformational change aligned with the strategy of MUFG of the Americas. Utilize IntelliMatch software to perform reconciliation. Provide analytical support and governance within the reconciliation process between the sub-ledger and general ledger. The various controls include general ledger reconciliations, WIP Account reconciliations, Suspense Account reconciliations; reviewing, providing, correcting, and coding data; conducting root cause analysis and remediation; resolving rejected entries and suspended items; updating financial transaction records; reconciling settlements and adjustment entries; remediating fund-processing errors; certifying asset and liability general ledger accounts. creation of presentations and other documents.

Own, update, and improve database to track activity across Operations functions. Use data to help drive projects, provide business justification for proposals, and analyze the results of implemented changes. Prepare reports in a manner that appeals to the target audience. Able to demonstrate excellent judgment in interpreting policies and assessing risk.

• Day-to-day oversight of account reconciliation within the internal control unit space, ensuring the servicing operations area performs timely and accurate reconciliation for incoming cash, General Ledger postings, Past Dues, Foreign Currency items, Suspense accounts, etc.

• Support the Vice President, who will act as main point of contact related to SOX testing, internal and external audit requests, issue escalation, etc.

• Partner with VP & Director of various teams in the bank, as well as internal Risk Partners, on Open Issues and Action Plans to address control failures.

• Ensure the Servicing team manages transactions appropriately, minimizing operational risks and losses, and ensuring compliance with all bank policies and procedures.

• 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, including Standard Operating Procedure creation/review.

The ideal candidate will have:

• 3-5 years work experience, preferably in the financial services industry.

• Proficiency in Microsoft Access, including database and report building, with some SQL/Toad/Oracle.

• Ability to communicate effectively and build strong business relationships.

• Analytical and process skills.

• Proficiency in Microsoft Office Suite and Visio.

• Bachelor's degree preferred.

The typical base pay range for this role is between $80K - $100K 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 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.