Commercial Credit Card Team - AVP

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.

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.

We are seeking a highly motivated and detail-oriented Assistant Vice President (AVP) to join our Commercial Credit Card team at MUFG Bank. The successful candidate will play a crucial role in managing journal entries, OVS Entries, TSYS reconciliation, UAT Testing, Breaks Investigation,  settlements, rebate calculations, writing and rewriting controls, handling RCSA (Risk Control Self Assessment), and leading various projects related to the commercial credit card product. Additionally, the AVP will assist in remediating different types of risks as they arise.
Key Responsibilities:  
- Assist with journal entries and rebate calculations.
- Write and rewrite controls to ensure compliance and operational efficiency.
- Handle RCSA to identify and mitigate potential risks.
- Assist and lead different projects for the commercial credit card product.
- Assist in remediating various types of risks as they emerge.
- Collaborate with team members to enhance processes and procedures.
- Daily monitoring and reporting on Risk Indicators.
- Serve as a subject matter expert for risk remediation.
Additional Responsibilities:  
- Balance account statements; review, correct, and code data.
- Calculate and validate batch totals; conduct root cause analysis and remediation.
- Resolve rejected entries and suspended items; update financial transaction records.
- Reconcile settlements and adjustment entries; remediate fund-processing errors.
- Certify asset and liability general ledger accounts; reconcile outstanding account balances.
- Support vendor quality control; conduct daily, monthly, and quarterly certification of general ledger balances.
- Monitor and report on exceptions; distribute exceptions to operations processing teams.
- Utilize IntelliMatch software to perform reconciliation.
- Provide analytical support and governance within the reconciliation process between the sub-ledger and general ledger.
- Own, update, and improve database to track activity across Operations functions.
- Use data to drive projects, provide business justification for proposals, and analyze the results of implemented changes.
- Prepare reports for target audiences; demonstrate excellent judgment in interpreting policies and assessing risk.

Coordination and Oversight:  
- Day-to-day oversight of account reconciliation within the internal control unit space.
- Ensure timely and accurate reconciliation for incoming cash, General Ledger postings, Past Dues, Foreign Currency items, Suspense accounts, etc.
- Support the Vice President with SOX testing, internal and external audit requests, issue escalation, etc.
- Partner with VP & Director of various teams, as well as internal Risk Partners, on Open Issues and Action Plans to address control failures.
- Ensure the Servicing team manages transactions appropriately, minimizing operational risks and losses, and ensuring compliance with all bank policies and procedures.
- Coordinate with the VP for support on initiatives, including technology or infrastructure enhancements, system upgrades, human capital discussions, etc.
- Design and implement departmental structural and procedural changes, including Standard Operating Procedure creation/review.

Qualifications:  
- 3-5 years of work experience, preferably in the financial services industry.
- Proficiency in Microsoft Access, including database and report building, with some SQL/Oracle.
- Ability to communicate effectively and build strong business relationships.
- Strong analytical and process skills.
- Proficiency in Microsoft Office Suite and Visio.

Education:
- Bachelor's degree or other equivalent experience.

The typical base range for this role is between $90K- 105K per year 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

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.