Analyst – Collateral Management

MUFG
Job title: Analyst – Collateral Management
Company: MUFG
Job description: About MUFG Global Service (MGS)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.For more informatJob DescriptionAbout Us:MUFG Bank, Ltd. is Japans 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 Banks parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the worlds 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 worlds 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. MUFGs 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 MUFGs global network across Americas, EMEA and Asia PacificAbout the Role:Position Title:AnalystCorporate Title: AssociateReporting to: Global Markets Planning Division, Contract and Collateral Management DepartmentLocation: BengaluruJob ProfilePosition details:Employment Type: Full-timeEmployee Working Hours: Mon to Fri7:30-16:30 (IST)Roles and Responsibilities:Our team is responsible for the following operations related to collateral management for derivative transactions, which are financial products.Specific Responsibilities:Daily Operations:
- Based on the required collateral amount calculated by the Tokyo Head Office, agree on the collateral amount to be exchanged with counterparties.
- Input the agreed details into the system.
- Circulate the details along with vouchers for approval and obtain necessary endorsements.
- Obtain the settlement details from the system and prepare settlement instructions for the settlement department.
Monthly Operations:
- On the first day of each month, based on the interest calculations for the previous month provided by the Tokyo Head Office, agree on the interest amounts with counterparties.
- Input the agreed details into the system.
- Circulate the details along with vouchers for approval and obtain necessary endorsements.
- Obtain the settlement details from the system and prepare settlement instructions for the settlement department.
Communication:
- Communication with counterparties is primarily conducted via email. The counterparties include financial institutions and corporate entities in India that have transactions with our company.
Job Requirements:
- Accurate and prompt administrative processing skills.
- Experience in back-office operations at a financial institution is preferred.
- Diligent work attitude.
- Ability to communicate effectively with the Tokyo team and carry out tasks collaboratively.
- Proficiency in English.
- Candidates with a strong interest in financial back-office operations.
- Willingness to learn about derivative collateralized transactions.
- In the future, the candidate will be expected to take on responsibilities such as approver duties, developing special projects, and expanding the scope of counterparties to include those in Europe and the Americas.
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.
Expected salary:
Location: Bangalore, Karnataka
Job date: Tue, 27 May 2025 07:10:08 GMT
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