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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 120,000 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.

The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.

The incumbent is responsible for the efficient processing of all payment instructions received from MUFG branches and customers and payment messages received via FEDWIRE, CHIPS, SWIFT and proprietary interfaces in a time sensitive and high volume environment. In this capacity the incumbent is expected to effectively: a) maintain familiarity with FED, SWIFT, CHIPS formatting standards b) OFAC and related AML/BSA regulations c) understand and apply our own payment practices d) time manage and prioritize assigned duties e) maintain knowledge of current systems used f) ensure the proper and timely completion of all payments. In this capacity, the incumbent is expected to perform various functions, which in “order of importance,” (1) Payment Processing; (2) Risk Management Processing; and (3) Quality Control Reporting.

Hours of operation: Incumbent should be flexible and be able to work standard number of hours during the hours of 10 PM through 7 AM EDT and able to work additional hours as needed during high volume days.

Risk Management Processing

+ Monitor and process manual review (performing 1st and 2nd check function) transactions on HotScan, ensuring identified items are reviewed and properly executed, in accordance with established procedures and dispositioning each manual review with the correct comment.

+ Perform the daily review of compliance related filtering functions for OFAC, JFEL and other sanctions using our HotScan monitoring system.

+ Be well informed on sanctions updates as they apply to our filtering needs.

+ Identify and submit good guys on HOTSCAN false hits.

Payment Processing

Perform Payment Processing Data entry, transcribing customer instructions into corresponding system fields:

+ Ensure mapping of payment information is appropriate and where is inappropriate or missing ensure proper steps are taken to fix all situations.

+ Process CLS related payments (ie: MT204, MT202 settlement payments).

Perform Payment Processing Data verification:

+ Ascertain all customer information pertaining to the payment instructions is properly transcribed into corresponding system fields.

+ Ascertain data is properly structured to support Straight Thru Processing at the receiving end.

Conduct required research by utilizing research tools such as: SWIFT BIC, FED directory, CHIPS NATS, McFadden directory, TGBR, etc to locate, identify and validate payment related data in order to accurately execute payment instructions.

Identify and recommend credit processing rules and or formatting changes in order to improve the STP process.

Quality Control Reporting

Preparation of Start of day and End of shift reporting, including CLS settlement report, GPP payment volume activities HOTSCAN manual review activity.

Participate and contribute to team meetings established to improve the units’ overall performance and promote customer satisfaction.

Process FED SERVICE message using FED ADVANTAGE system. Also create PDF files of the daily FED STATEMENTS for BTMU New York, Chicago, and Los Angeles. (This function in done monthly on a rotating basis)

Experience:

+ 3-5 years of Money Transfer processing experience.

+ Knowledge of CHIPS, FEDWIRE and Swift rules and how to apply them to payment processing.

+ Demonstrate the ability to effectively time manage and prioritize assigned duties.

+ General understanding of compliance matters as the apply to OFAC and BSA/AML, Travel Rule and other.

Education:

+ Minimally - High school diploma required.

+ Preferred industry based courses training on payments formatting sponsored by CHIPS/FED/SWIFT, etc.

The typical base pay range for this role is between $68K - $80K depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.

MUFG Benefits Summary (https://careers.mufgamericas.com/sites/default/files/document/2023-01/mb-live-well-work-well.pdf)

We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.

We are proud to be an Equal Opportunity Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.

At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!

Our Culture Principles

+ Client Centric

+ People Focused

+ Listen Up. Speak Up.

+ Innovate & Simplify

+ Own & Execute