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FX Settlement Operations Manager

FX Settlement Operations Manager

MUFGBengaluru, Republic Of India, IN
1 day ago
Job description

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 Pacific

About the Role (To be filled by business)

Position Title : Manager

Corporate Title : Assistant Vice President

Location : Working location would be Bengaluru or Mumbai

Job Profile :

Position details(To be filled by business)

  • As a team leader, establish smooth organizational operations and business systems.
  • Execute back-office operations swiftly and accurately (including verification of interbank FX transaction details, execution of settlement instructions, confirmation of the completion of a series of settlements, and related tasks).
  • Cooperate with team members (including Tokyo / Osaka back offices and related departments)
  • Comply with laws and regulations of each country and adhere to company policies and procedures.
  • Engage in personnel development, deepen integrated management of the group, and disseminate one's skills and know-how to the other members.
  • Communicate with other companies (including counterparties and agent banks) as necessary.
  • Work along with Japan time or India time
  • May Adapt to early morning and nighttime work schedules in the future.

Roles and Responsibilities(To be filled by business)

  • Possess high-level skills, expertise, relevant business knowledge, and extensive experience in the assigned duties, serving as a model for others by continuously enhancing these attributes.
  • Achieve results through broad perspective execution and management as a Team Leader.
  • Take initiative with enthusiasm, play a leading role, and contribute to the development and value enhancement of the bank.
  • Perform tasks efficiently and accurately with a strong sense of ownership, making an accurate assessment of the situation and utilize knowledge and experience to provide suitable decisions and instructions.
  • Ensure stable team management through the establishment of systematic training structures and the development of specialized personnel.
  • Job Requirements : (To be filled by business) :

  • Essential Conditions
  • Ability to use IT tools - MS Office (Excel, Word, PowerPoint, etc.)
  • English proficiency for business communication
  • Knowledge of finance, marketable products, settlement systems, etc.
  • Resonate with MUFG policies
  • Management experience in financial institutions
  • During OJT and shadowing periods, employees are required to work according to Tokyo hours. In the future phase, when independent operation in India becomes possible, they may also be required to work hours aligned with European, American, or other international time zone coverages depending on business needs.
  • As the final form of our operational structure, although the start date is yet to be determined, we aim to establish a system that supports MUBK's foreign exchange market business 24 hours a day , 365 days a year.
  • Practical experience in back-office tasks or similar roles
  • Optional Conditions
  • Japanese language proficiency
  • Equal Opportunity Employer

    The MUFG Group is committed to providing equal employment opportunities to all applicants and employees and does not discriminate on the basis of race, colour, national origin, physical appearance, religion, gender expression, gender identity, sex, age, ancestry, marital status, disability, medical condition, sexual orientation, genetic information, or any other protected status of an individual or that individual's associates or relatives, or any other classification protected by the applicable laws.

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    Operation Manager • Bengaluru, Republic Of India, IN

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