At a Glance
- Tasks: Assist in monitoring exposures and managing collateral for trade finance operations.
- Company: Join MUFG, a leading global financial group with a people-first culture.
- Benefits: Flexible working options, competitive salary, and opportunities for career growth.
- Why this job: Make your voice heard and impact the financial world while developing your skills.
- Qualifications: Experience in trade finance control and strong communication skills required.
- Other info: Diverse and inclusive workplace committed to equality and innovation.
The predicted salary is between 36000 - 60000 £ per year.
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’re 150,000 colleagues, striving to make a difference for every client, organization, 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’s 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.
MAIN PURPOSE OF THE ROLE
Assist with the monitoring of exposures and collateral values to ensure ratios remain within approved limits and sub-limits where applicable. Assist with the maintenance, creation and set up of all necessary controls and administrative duties (including the operational aspects of the collateral management system ‘TRAC’), required for facility and day to day operation.
KEY RESPONSIBILITIES
- Perform reviews of term sheets, credit applications (Ringi’s) & facility documentation to ensure workability. This will ensure smooth and efficient deal processing when necessary without unnecessary delays.
- Creation and maintenance of facilities and limits in TRAC, OVS and databases.
- Review of client drawdown requests to ensure that transactions are in accordance with the terms of the approved facilities. Primarily provide administrative support for all products related to commodity and non-commodity (CSTF & ETBO) if/when required.
- Take responsibility for daily liaison with respective stakeholders such as clients, relationship, product managers and operational units.
- Monitoring and control on a daily basis of the exposures handled by the Trade Finance Middle Office under the present facility portfolio.
- To monitor inward communications and prioritise according to the importance of subject matter with an emphasis on client centricity.
- Become familiar with individual processes and business flows for each different client. This is an essential function necessary for client experience and knowledge level up to new or additional members joining TFMO.
- To provide technical and operational assistance to all stakeholders including clients, Relationship Managers, branches and operational units within EMEA.
- Monitor balances between Bank’s accounting system and exposure management tools for all allocated or monitored limits in order to retain an accurate record of exposure.
- Ensure that reporting obtained from the Jasper system correctly reflects the exposure relative to the facilities under the control and management of TFMO, and that at the appropriate reconciliation periods the control systems (TRAC) are in parallel with the banks accounting system OVS.
WORK EXPERIENCE
Essential: Substantial Experience in a Trade Finance related control environment.
SKILLS AND EXPERIENCE
Functional / Technical Competencies:
Essential: Previous experience of working within a control function with a Trade Finance focus.
Preferred: Good Excel skills.
Education / Qualifications:
Minimum GSE (or equivalent) in core academic subjects. A Level (or equivalent) preferred. Additional language skills advantageous.
PERSONAL REQUIREMENTS
- Excellent communication skills.
- A proactive, motivated approach.
- The ability to operate with urgency and prioritise work accordingly.
- A structured and logical approach to work.
- Strong problem solving skills.
- A creative and innovative approach to work.
- Excellent attention to detail and accuracy.
- Strong numerical skills.
This advert will close 8th February 2026. 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. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership. We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.
Assistant Vice President,Trade Finance Middle Office in London employer: MUFG
Contact Detail:
MUFG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Vice President,Trade Finance Middle Office in London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at MUFG on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by knowing your stuff! Research MUFG’s values and recent news. Show them you’re not just another candidate but someone who genuinely cares about their mission and culture.
✨Tip Number 3
Practice makes perfect! Get a friend to do mock interviews with you. Focus on articulating your experience in trade finance and how it aligns with the role. Confidence is key!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the team at MUFG.
We think you need these skills to ace Assistant Vice President,Trade Finance Middle Office in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Assistant Vice President role. Highlight your experience in Trade Finance and how it aligns with the responsibilities mentioned in the job description. We want to see how you can make a meaningful impact!
Showcase Your Skills: Don’t forget to emphasise your excellent communication skills and attention to detail. These are key traits we’re looking for, so give us examples of how you've used these skills in previous roles. It’s all about showing us what you can bring to the table!
Be Clear and Concise: When writing your application, keep it clear and to the point. Use bullet points where possible to make it easy for us to read. We appreciate a structured approach, so make sure your application reflects that!
Apply Through Our Website: We encourage you to apply directly through our website. This way, you’ll ensure your application gets to the right place and is considered promptly. Plus, it’s super easy to do – just follow the prompts!
How to prepare for a job interview at MUFG
✨Know Your Trade Finance Inside Out
Make sure you brush up on your trade finance knowledge, especially around collateral management and exposure monitoring. Familiarise yourself with terms like 'Ringi's' and the operational aspects of systems like TRAC, as these will likely come up during your interview.
✨Showcase Your Communication Skills
Since this role involves liaising with various stakeholders, be prepared to demonstrate your excellent communication skills. Think of examples where you've effectively communicated complex information or resolved issues with clients or colleagues.
✨Demonstrate Problem-Solving Abilities
Prepare to discuss specific instances where you've tackled challenges in a trade finance environment. Highlight your structured approach to problem-solving and how it led to successful outcomes, especially in high-pressure situations.
✨Highlight Attention to Detail
Given the importance of accuracy in this role, be ready to provide examples that showcase your attention to detail. Discuss how you've ensured precision in documentation or reporting, and how this has positively impacted your previous work.