Assistant Vice President, Trade Finance

Assistant Vice President, Trade Finance page is loaded## Assistant Vice President, Trade Financelocations : MUFGM, Kuala Lumpur Branchtime type : Full timeposted on : Posted Todayjob requisition id : -WDDiscover 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.EDUCATION

• Degree or equivalent work experience equally preferable
• Degree in finance or other relevant fieldCERTIFICATIONSWORK EXPERIENCE
• Extensive experience within a complex financial services environment providing support for trade finance servicing, structuring trade deals and supply chain finance
• Significant experience with financial products, accounting principles and compliance regulationsFUNCTIONAL SKILLS
• Thorough knowledge of relevant bank policies, procedures and government regulatory agencies as they relate to trade finance operations
• Comprehensive understanding of economic and political risks in international trade, e.g. exchange rate risk
• Advanced knowledge of commonly used trade financing reporting, reconciliation and audit mechanisms and toolsFOUNDATIONAL SKILLS
• Demonstrates leadership
• Communicates effectively
• Identifies multiple paths to success using analytical and critical thinking as well as decision-making skills
• Operates strategically to support a culture of continuous improvement and systems thinking
• Makes sound business decisions in a complex work environment
• Collaborates with other business functions and divisions to advance business objectives
• Is flexible, decisive, and able to establish support from leadership
• Monitors industry trends and best practices and applies insights to advance the business
• Exhibits and fosters optimism, resilience, flexibility, and openness to others' ideas
• Inspires innovation and values learning as a lifelong professional objective
• Leads by example, engaging inclusively and with intent
• Always acts with integrityRESPONSIBILITIES
• Reviews and audits trade finance documents, outstanding payments, document examinations, discrepancy notifications, letters of credit renewals and maturity files
• Identifies and resolves potential risks associated with letters of credit transactions
• Ensures Process specialized trade finance transactions such as letters of credit, amendments, acceptances and collections reimbursements are processed accordingly
• Provides oversight to records preparations and 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
• Monitors the reconciliation and balancing of letters of credit fees, liabilities and posted items
• Approves payment disbursements
• Serves as the escalation contact to internal and external clients regarding the status of high touch transactions
• Advises on investigation and resolutions of customer inquiries, and ensures established SLAs are met
• Ensures compliance withal 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))
• Establishes, tracks and improves standard operating procedures based on workflow and environment review
• Reviews and recommends actions based on reported dataMitsubishi 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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