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MUMitsubishi UFJ Financial Group (MUFG)
Mitsubishi UFJ Financial Group (MUFG)Financial Services

Analyst

Location

Bengaluru, Karnataka, India

Work type

Onsite

Employment

Full Time

Experience

3-5 years

Compensation

Compensation not disclosed

Posted

2h ago

Summary and responsibilities

Role overview

Summary

The Analyst will be responsible for tracing, researching, reviewing, and auditing trade finance documents, payments, and letters of credit. This role involves identifying and escalating potential risks, reconciling fees, investigating customer inquiries, and ensuring compliance with various bank policies and regulatory agencies. The analyst will also support the processing of specialized trade finance transactions and assist with reporting and improving standard operating procedures.

The Analyst will be responsible for tracing, researching, reviewing, and auditing trade finance documents, outstanding payments, document examinations, discrepancy notifications, letters of credit renewals and maturity files, seeking assistance based on level of complexity.

Responsibilities:

  • Traces researches, reviews and audits trade finance documents, outstanding payments, document examinations, discrepancy notifications, letters of credit renewals and maturity files seeking assistance based on level of complexity.

  • Identifies and escalates potential risks associated with letters of credit transactions.

  • Reconciles and balances letters of credit fees, liabilities and posted items.

  • Investigates customer inquiries, adhering to established SLAs.

  • Understands and complies with bank policies, procedures and various regional government regulatory agencies including: [e.g., U.S. Department of Commerce Anti-Boycott Provision, U.S. Treasury Department Office of Foreign Assets Control Regulations, Bank Secrecy Act, Anti-Money Laundering, Patriot Act, and Sarbanes-Oxley, Uniform Customs and Practice (UCP), Uniform Rules of Collections (URC), International Standby Practices (ISP) and International Standard Banking Practice (ISBP)].

  • Produces reports and recognizes, understands and deciphers patterns.

  • Supports processing of specialized trade finance transactions such as letters of credit, amendments, acceptances and collections reimbursements.

  • Assists with the preparation and recording of issuances, amendments, negotiations and related trade finance correspondence for: standby and commercial letters of credit, documentary collections, bank-to-bank reimbursements, supply chain finance and dynamic discounting.

  • Assists with verification and disbursement of payments.

  • Adheres to export and import regulations as outlined by regional regulatory agencies.

  • Assists in tracking and improving standard operating procedures.

Education:

  • Degree or equivalent work experience equally preferable.

  • Degree in finance or other relevant field.

Work Experience:

  • Experience within a complex financial services environment providing support for trade finance servicing, structuring trade deals and supply chain finance.

  • Basic understanding of financial products, accounting principles and compliance regulations.

Functional Skills:

  • Awareness of relevant regional bank policies, procedures and government regulatory agencies.

  • Basic understanding of economic and political risks in international trade, e.g. exchange rate risk.

  • Working knowledge of commonly used trade financing reporting, reconciliation and audit mechanisms and tools.

Foundational Skills:

  • Communicates effectively.

  • Identifies multiple paths to success through the development of analytical, critical thinking, and decision-making skills.

  • Exercises sound judgement and strives for continuous improvement.

  • Demonstrates optimism, resilience, flexibility, and openness to others' ideas.

  • Learns while doing.

  • Actively listens and asks thoughtful questions.

  • Leverages available technology to achieve efficiency and results.

  • Engages inclusively and with intent.

  • Always acts with integrity.

Updated 2h ago

Candidate fit

Skills and qualifications

Additional skills

Trade Finance • 1+ yrs
Financial Products • 1+ yrs
Accounting Principles • 1+ yrs
Compliance Regulations • 1+ yrs
Risk Management • 1+ yrs
Analytical Thinking • 1+ yrs
Critical Thinking • 1+ yrs
Communication • 1+ yrs

Experience

3-5 years

How this role is positioned

Role classification

Job domains

Finance & Accounting

Industries

Finance & Banking

Employment

Full Time

Contract duration

Permanent

Hiring type

Direct

Global hiring

Location specific

Offer details

Compensation and benefits

Compensation

Compensation not disclosed

VisibilityShared on listing
CurrencyUSD
PeriodYearly

Location, schedule, and role shape

Work setup

Work conditions

Primary locationBengaluru, Karnataka, India
Work typeOnsite
Global hiringNo

Bandwidth profile

peopleMedium6/10
physicalLow2/10
cognitiveHigh8/10
executionHigh8/10
creativityMedium6/10
uncertaintyMedium7/10
communicationMedium7/10

Context on the employer

Company snapshot

Company

Mitsubishi UFJ Financial Group (MUFG)

Team size

Growing team

Location

Bengaluru, Karnataka, India

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.

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Analyst

Bengaluru, Karnataka, IndiaFull Time