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.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 PacificAbout the Role:The role of the Global Corporate and Investment Banking (GCIB) Business Support team is to provide valuable support, monitoring and reporting as well as acting as an effective 1st line of defense from a Credit admin perspective for GCIB. The team covers all areas within GCIB including the Product side (European Structured Finance Office (ESFO), Global Aviation Finance Office (GAFO) Leverage Finance, EMEA Commodity & Structured Trade Finance (ECSTF) and Securitization as well as the Corporate/Coverage teams. Position Title: Analyst Business SupportCorporate Title: AnalystReporting to: AVP OR VPLocation: BangaloreJob ProfilePosition Detail:Support the Business Support Team in conducting key monitoring and reporting tasks on behalf of GCIB. Working closely with the Origination and Portfolio teams within GCIB as well as Business Support London to provide valuable support in ensuring GCIB adheres to the terms and conditions of its transactions both internally and externally as well as assisting them on various internal processes from a credit admin perspective. Key stakeholders in this role are; GCIB, Credit and Finance.Roles and Responsibilities:Monitoring of Borrower RatingsNew Business Credit Application expiry datesInformation and financial Covenant set up and ongoing monitoringMonitoring of Conditions and Instructions set by Credit Teams Waiver request monitoringReview Loan documentation and extract covenants to be monitored for newly signed transactions and amendments as well as monitoring the receipt of covenants and reporting any breaches/outstanding covenantsPerform various administrative and due date control tasks in relation to the above in an efficient and responsive manner in order to manage operational risks and ensure internal and external deadlines are adhered toUpdate and maintain various reports to ensure that correct information is reflected and monitored on an ongoing basis and report outstanding positions each monthPerform Daily downloads from GCARS of approved Credit Applications & Borrower Ratings, saving files in relevant foldersRemind RMs of upcoming items and escalate where necessary if no action/update is madePrepare Borrower rating shells in GCARS for existing transactionsComplete various exposure/loan utilization, rating/share price and branch reportsFollow up with Agent Banks re any outstanding covenants that haven’t been received in order to expedite receiptOn a semi-annual basis complete the Form 270 Variable Interest Entity (VIE) report, obtaining Total Asset and Paid in Capital figures from our borrowers Balance SheetsBuild relationships throughout MUFG to establish a peer network, gather relevant information and help to ensure effective interactive inter-departmental collaboration.Develop an excellent understanding of all core systems and relevant procedures within GCIB.Undertake any ad-hoc exercises/reporting as assignedJob Requirements"Functional / Technical Competencies:Basic understanding of Banking products 2 years Banking / Financial background experienceExperience working within a support team in the Financial Services sectorA Level and / or relevant work experience Work / Skills Experience:Loan Documentation and Information and Financial covenant monitoring experienceStrong Communication skillsExcellent attention to detail and accuracyResults driven, with a strong sense of accountabilityA proactive, motivated approachThe ability to operate with urgency and prioritize work accordinglyA structured and logical approach to workGood problem solving skillsA creative and innovative approach to workGood interpersonal skillsThe ability to manage large workloads and tight deadlinesA calm approach, with the ability to perform well in a pressurized environmentStrong Excel & Word skills
Job Title
Analyst - Business Support [T500-17108]