Analyst, Commodity Trade Finance Middle Office

Singapore, Singapore

Job Description

Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups. Across the globe, we're 150,000 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.
This position is responsible for monitoring exposures and collateral value to ensure financings remain within approved limits, and facility structures/conditions, maintaining, creating and designing all necessary controls and execute administrative duties required for facility and day-to-day execution of client's request by working closely with other relevant Operations Departments.
s:
Respond to clients' requests and coordinate with the relevant Operations Depts for the prompt execution of transactions on daily basis;
Respond to clients' export LC discount requirements by liaising with Tokyo on the granting of FI limits;
Liaise with clients daily to follow up on all relevant transactions for proper monitoring/management within credit approvals;
Respond to clients' ad-hoc requests and at times, special requests, which may require discussions with the various depts. within the bank to meet their requirements;
Process all respective client requests submitted under approved facilities in accordance with all approvals and conditions;
Administer, monitor and control on a daily basis the Commodity Trade Finance ("CTF") clients' utilizations and exposures under the facility portfolio. This will ensure correct determination of facility availability at time of new requests or enquiries, and allow decisions to be made that may be proceeded or not;
Administer the credit limit setup of Commodity Structured Finance ("CSF") accounts.
Given a portfolio of accounts (CTF/CSF/JC/GSB) to handle, to be familiar with individual processes and business flows for each different client; taking an ownership view;
Ensure proper/full legal documentation in place before establishing of credit facilities in bank system;
Handles the receiving/safekeeping and releasing of security trade documents on daily basis (within division procedures);
Ensure credit approval conditions are adhered to by maintaining updated and accurate records in the Transaction Management Tool, "Yojin";
Monitor balances between Bank's OVS system and "Yojin" or all allocated or monitored limits in order to retain an accurate record of exposure;
Ensure compliance with relevant regulations and limits;
Maintain good working knowledge of industry trends, products, relevant laws and regulations;
Adhere to all company policies / guidelines.
Job Requirements:
Bachelor's degree in finance or accounting or business or similar field.
Minimum 3 years' experience in Commodity Trade Finance or Structured Trade Finance Operations (Back Office) or Collateral Management (Middle Office) functions from banking or commodity trading houses
Experience working in middle or back-office functions within Commodity Trade Finance
Good interpersonal and communication skills, team-player, ability to adapt to changing needs of the organization and demands of internal and external stakeholders
Mitsubishi UFJ Financial Group (MUFG) is an equal opportunity employer. We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organsational fit, regardless of race, religion or gender.

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Job Detail

  • Job Id
    JD1691959
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned