Senior Analyst - Reconciliation and Investigation

Bangalore, Karnataka
Permanent
Full-time

13 days ago
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About MUFG Global Service (MGS)MUFG Bank, Ltd. is Japan’s premier bank, with a global network spanning in more than 40 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. MUFG Bank’s parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, the Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.The Group aims to be the world’s most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges.For more informatJob DescriptionAbout Us:MUFG Bank, Ltd. is Japans premier bank, with a global network spanning in more than 40 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. MUFG Banks parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the worlds leading financial groups. Headquartered in Tokyo and with over 360 years of history, the Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to be the worlds most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFGs shares trade on the Tokyo, Nagoya, and New York stock exchanges.MUFG Global Service Private Limited:Established in 2020, MUFG Global Service Private Limited (MGS) is 100% subsidiary of MUFG having offices in Bengaluru and Mumbai. MGS India has been set up as a Global Capability Centre / Centre of Excellence to provide support services across various functions such as IT, KYC/ AML, Credit, Operations etc. to MUFG Bank offices globally. MGS India has plans to significantly ramp-up its growth over the next 18-24 months while servicing MUFGs global network across Americas, EMEA and Asia Pacific.About the Role:Position Title : Analyst / Sr AnalystCorporate Title : Analyst / Sr AnalystLocation: Mumbai / Bangalore
Job Profile:Purpose of Role:Responsible for managing various type of Cash reconciliations. Ensure ownership is identified for breaks and reporting of each break to the relevant owner and escalating the issues/breaks via pre-agreed criteria and matrix.Main Responsibilities:

Responsible for completion of day-to-day reconciliation activity as per standards and ensure accurate and timely delivery of assigned production duties.
He / she needs to ensure team adherence to all cut-off times and quality of processing as maintained in SLAs.
He / she should ensure that all queries related to routine activities are responded to within the time frame specified.
He / she needs to escalate the feed related issues and system issues to the appropriate support team in a timely manner.

Other/ Control:

Able to identify the cause and assign the cash break to the correct team for further investigation & resolution.
Escalate all issues in time, to the appropriate level, to avoid any adverse impact on the business
Provide input into local operations processes and workflows to deliver best practice, efficiency and mitigate risk.
Prepares various MIS of the department to ensure proper control on the operations.
Support in managing the risk profile for the department.
Coordinate information to respond in a timely manner to auditors and regulators.
Support in developing and updating policies to ensure alignment with all relevant regulations.
Support internal and external audits within the department by collating/preparing documentation as required
Adhere to all company policies as well as guidelines.
Provide the necessary data inputs for various committees and meetings for department operations

Candidate Profile:

Have strong knowledge of Reconciliation, Swifts, Payments, and accounting principles
Needs to be a self-starter with significant ability to undertake initiatives.
Diligent and attention to Detail
Proficient in MS Excel.
Effective communication skills to interact with various stakeholders and address issues.
Understanding of System / operational processes and willingness to learn the process.
Graduate Degree obtained.
Desirable to have at least 4-7 years of relevant experience

MUFG