Assistant Vice President, Settlements

Do you want your voice heard and your actions to count? Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups. Across the globe, we are 150,000 colleagues striving to make a difference for every client, organisation, 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 is 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.

The EMEA Operations department supports MUFG's core products and services including Banking (commercial/retail based payments, loans, derivatives, trade finance) and Securities (Derivatives, FX, Fixed Income, Equity, etc.). The role of Operations is to manage the interaction between Operations and MUFG's internal clients (Front Office Trading Desks, etc.) and has close ties with other support areas such as Legal, Compliance, Risk, etc.

MAIN PURPOSE OF THE ROLE

The Fixed Income and Equity Trade Processing team provide support to MUFG EMEA Sales and Trading groups facilitating accurate and timely Settlement and providing pre-trade support. The team acts as an important link between the Front Office, the market, customers, and various back office areas and is key to ensuring transactions are correctly matched and risk assessed.

KEY RESPONSIBILITIES

• Daily BAU Processing Responsibilities:
• Transaction Monitoring & Settlement: Ensure accurate and timely monitoring of front-to-back transaction flows and settlement across a wide range of Fixed Income and Equity products.
• Triparty Settlements Oversight: Support the end-to-end processing instruction and risk management of Triparty settlements.
• Reconciliation & Break Resolution: Investigate and resolve reconciliation breaks and unmatched trades.
• Inbox Management & Stakeholder Communication: Monitor and manage team mailboxes daily.
• Outsourced Team Oversight: Oversee and support the performance communication and control standards of outsourced partners.
• Market Borrow Monitoring: Oversee the processing reporting and resolution of all market borrow positions.
• Pair-Off & Partial Settlements: Identify and execute pair-off or partial settlement opportunities.
• Process Improvement & Risk Mitigation: Continuously review and enhance operational processes and procedures.
• Control & Compliance: Ensure all activities within the Transaction Processing team are executed in accordance with documented Standard Operating Procedures.
• Subject Matter Expertise & Support: Act as a product specialist providing subject matter expertise.
• Cross-Training & Knowledge Sharing: Fully engage in the department's cross-training initiatives.
• Leadership & Team Culture: Serve as a role model within the team.
• Strategic Input & Collaboration: Participate actively in senior staff meetings.

WORK EXPERIENCE

• Strong Product knowledge and F2B Process understanding of Investment Banking flows.
• Extensive Settlements, Triparty and Reconciliation experience.
• Demonstrable stakeholder management skills.
• Demonstrable time management skills.

SKILLS AND EXPERIENCE

• Operational Process Knowledge: Strong understanding of end-to-end operational process flows across financial products and markets.
• Technical Proficiency: Advanced skills in Microsoft Excel and Word.
• Communication Skills: Excellent written and verbal communication abilities.
• Stakeholder Management: Proven ability to manage relationships with internal and external stakeholders.
• Analytical Thinking: Technical mindset with a focus on investigating and resolving complex issues.

PERSONAL REQUIREMENTS

• Excellent communication skills.
• Strong Reconciliation mindset.
• Results driven with a strong sense of accountability.
• A proactive motivated approach.
• Strong decision-making skills.
• A structured and logical approach to work.
• Strong problem-solving skills.
• Excellent interpersonal skills.
• The ability to manage large workloads and tight deadlines.
• Excellent attention to detail and accuracy.
• A calm approach with the ability to perform well in a pressurised environment.
• Excellent Microsoft Office skills.

We are open to considering flexible working requests in line with organisational requirements. MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected, and their opinions count.