AVP - GCIB Business Support

About Us :

Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the worlds leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with over 2,700 locations in more than 50 markets. The Group has over 180,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.

The Group aims to be the worlds most trusted financial group through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFGs shares trade on the Tokyo, Nagoya, and New York stock exchanges.

MUFG Bank, Ltd. is Japans premier bank, with a global network spanning more than 50 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments and individuals worldwide.

In Asia, MUFG has a presence across 20 markets Australia, Bangladesh, Cambodia, China, Hong Kong, Indonesia, India, South Korea, Laos, Malaysia, Mongolia, Myanmar, New Zealand, Pakistan, Philippines, Singapore, Sri Lanka, Taiwan, Thailand and Vietnam.

It has also formed strategic partnerships with some of the most prominent banks in Southeast Asia, further augmenting its unrivalled network across the region VietinBank in Vietnam, Krungsri in Thailand, Security Bank in the Philippines and Bank Danamon in Indonesia.

MUFG Global Service (MGS) :

Established in 2019, MUFG Global Services (MGS) is 100% subsidiary of MUFG Bank Ltd having offices in Bengaluru and Mumbai. MGS 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, Trade Finance etc. to MUFG Bank offices globally. With a current headcount of over 1000 employees, MGS India has plans to significantly ramp-up its growth over the next 18-24 months while servicing MUFGs global network across Americas, EMEA and Asia Pacific

Position Title : Assistant Vice President

Corporate Title : Assistant Vice President

Reporting to : VP or Directors

Location : Bangalore

Job Profile : Position Detail :

Support the Business Support Team lead in Bangaloreto help conduct 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 asassisting them on various internal processes from a credit admin perspective.

Key stakeholders in this role are; GCIB, Credit and Finance.

Roles and Responsibilities

Types of tasks the team will be responsible for :

• Responsible for the monitoring, updating and reporting of the following tasks :
• Monitoring of Borrower Ratings
• New Business Credit Application expiry dates
• Information and financial Covenant set up and ongoing monitoring
• Monitoring of Conditions and Instructions set by Credit Teams
• Waiver request monitoring
• Perform accurate and timely administrative, reporting 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 to.
• Review 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 covenants
• Responsible for ensuring that data is transposed on to GCARS (Credit System) accurately, according to the specifics of the deals and in accordance with bank credit policy for Credit Applications and Borrower ratings for new and existing transactions
• Provide training to new / junior members of the team and check their work
• Manage the workload of the team in order to be flexible to undertake any ad-hoc exercises / reporting as assigned
• Ensure work from the team is completed accurately and within the deadlines
• Provide support to the Business Support Bangalore team lead and deputise as required
• Represent Business Support at internal forums as required and contribute to discussions in order to promote efficiencies and more effective working practices
• Regular chasing / reminding to Relationship Managers that a task / action is upcoming or overdue
• Regular chasing of overdue covenants to Agent Banks
• The completion / update / submission of various reports (such as exposure / utilization reports, due date control reports, rating / share price trigger reports and branch reports)
• Variable Interest Entity (VIE) reporting Review of Financial Statements (Balance Sheets) of our customers to obtain Total Asset and Paid in Capital amounts and input these figures on to a report
• Develop an excellent understanding of all core systems and procedures within GCIB
• Undertake any ad-hoc exercises / reporting as assigned.

Job Requirements

Functional / Technical Competencies :

Work / Skills Experience :