Job Information
MUFG Commercial Loan Operations – Vice President in Tempe, Arizona
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.
Role Description
As a Vice President within the Commercial Loan Operations team, you will be in a senior role reporting to the Director of Agency Operations or the Director of Member Operations. The Vice President will have responsibilities ranging from production oversight, to process improvement/project and initiative work. The group as a whole has day-to-day operational responsibilities across the portfolio of syndicated credit facilities where MUFG acts as Administrative Agent, Bilateral Lender, or Participant/Member to a syndicated transaction; this is a fast-paced, client facing role in which you will interact directly with Borrowers/Lenders/Agent Banks, senior internal/external stakeholders, legal counsel, etc. on complex, multi-faceted transactions which are often time sensitive in nature.
Responsibilities
Drive the streamlining and optimization of loan settlement and servicing, including an in-depth evaluation of loan procedures and industry standards to address and resolve challenges
Act as key stakeholder in large-scale Commercial Loan initiatives (e.g.: Loan IQ migration; OCR/RPA initiatives, etc.), able to effectively communicate and drive change from pre-planning through implementation with various change management & technology groups
Establish and monitor implementation of appropriate procedures and solutions to mitigate risk and control losses
Partner with internal change stakeholders across Operations and Technology to create/enhance the efficiency of workflows, dashboards, and reporting
Ensure strict adherence to Service Level Agreements and accounting policies
Functional Skills
Loan IQ knowledge as a user, Operations Manager, or Business Owner is required, preferably including active participation in design/migration/implementation/upgrade initiatives
Extensive background in managing all aspects of commercial loan servicing
Expertise managing and reviewing loan documentation (Credit Agreements, Engagement Letters, Fee Letters, etc.)
In-depth knowledge of:
Accounting principles and practices related to syndicated lending
Risk types, policies, control measures and processes
Applicable laws, rules, regulations governing the space
Business processes, systems and tools used in the loan market
Operational risk that exists throughout the lifecycle of a syndicated loan
Systems used to manage the Syndicated lending business: ACBS, Loan IQ, AFS, ClearPar, Syndtrak, Intralinks, Debt Domain, Versana etc.
Market initiatives to streamline and automate settlement and servicing, including API integration with industry standard platforms, FpML, Blockchain, DLT, OCR, Robotics/Automation
Advanced analytical skills applicable to streamlining operational processes and improving productivity and efficiency
Prior industry association or working group involvement (e.g. LSTA, LMA) a plus
Foundational Skills
Excellent organizational and communication skills, with the ability to influence change cross-functionally
Anticipates changing business needs, adjusts priorities accordingly, and allocates necessary resources and budget to achieve objectives
Equips the business to become an effective competitor in a highly dynamic landscape
Considers stakeholder needs and input as well as best practices and insights from industry trends when making strategic decisions
Is flexible, decisive, and serves as a trusted advisor to senior leaders within the organization
Demonstrates effective negotiation and influencing skills
Is comfortable presenting in senior/executive forums, control groups, steering committees, etc.
Prioritizes and facilitates a culture of continuous improvement and systems thinking
Sets the tone for successful collaboration with other business units and corporate entities
Creates an environment that fosters communication, transparency, and collaboration
Cultivates innovation and values learning as a lifelong professional objective
Leads by example, acting with integrity and engaging inclusively/with intent
The typical base pay range for this role is between $111K - $155K 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
MUFG
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