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Mitsubishi UFG

Global banking, trust, asset management, securities.

Analyst/Assistant Vice President - Deposit & Payment Operations Department

Retail & Commercial BankingPosted on Nov 12
Full-timeHong KongNo salary listedIn-person

About the Job

Requirements

  • A bachelor's degree or equivalent tertiary education is required.
  • For Analyst level, at least 1 year of experience in payment processing, remittance operations, settlement activities, or banking operations is required.
  • For Assistant Vice President level, at least 3 years of relevant experience in payment processing, remittance operations, settlement activities, or banking operations is required.
  • Knowledge of domestic and cross-border payment processing methods, including SWIFT messaging systems.
  • Understanding of anti-money laundering protocols, sanctions regulations, operational risk controls, and compliance requirements.
  • Experience managing high-volume payment transactions within banking systems.
  • Analytical and problem-solving abilities to address operational challenges.
  • Communication and stakeholder management capabilities to foster relationships across teams.
  • Ability to guide team members while maintaining a strong control mindset.
  • Proficiency in Microsoft Office applications, particularly Excel and Word.
  • Written and spoken English proficiency.
  • Attention to detail to ensure accuracy in payment operations.
  • Ability to work overtime when required to support business and operational needs.

Responsibilities

  • Handle daily payment and remittance operations, ensuring transactions are processed, settled, reconciled, and reported accurately within established timelines.
  • Process and monitor SWIFT messages, including verification, authentication, and exception handling.
  • Investigate and resolve pending, rejected, or irregular transactions and operational issues in collaboration with relevant teams.
  • Coordinate with offshore teams and internal stakeholders to facilitate operational delivery and maintain service quality.
  • Support process improvement initiatives by contributing ideas for system enhancements and assisting with new product implementation projects.
  • Maintain and update operational procedures, manuals, and training materials to ensure compliance with internal policies and regulatory requirements.
  • Partner with Compliance teams and other stakeholders to ensure adherence to anti-money laundering protocols, sanctions regulations, and operational risk controls.
  • Provide operational support and guidance on complex payment and settlement issues.
  • Assist with audits and regulatory reviews, and participate in ad hoc departmental projects.
  • Build and maintain relationships with internal colleagues and external parties, including customers, correspondent banks, and clearing institutions such as HKICL.

About the Company

Mitsubishi UFG

Global banking, trust, asset management, securities.

MUFG is a large financial services group formed in 2005 by merging Mitsubishi Tokyo Financial Group and UFJ Holdings. It provides a wide range of services, including commercial banking, trust banking, securities, credit cards, and asset management, through a global network of banks, trust banks, securities firms, and asset management subsidiaries. Its products work by offering loans and deposits, investment products, payment services, and financial advisory to individuals, businesses, and institutions via branches, digital platforms, and partnerships. The company differentiates itself with its size and global reach, a diversified mix of financial offerings, and strategic international investments (notably the 2008 stake in Morgan Stanley) that expand its US and global presence. MUFG’s goal is to support economic growth worldwide by providing comprehensive financial solutions and pursuing sustainable finance and innovation.

Company size
10,001+
Company stage
IPO
Headquarters
Tokyo, Japan
Founded
2006

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