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Transaction Specialist II

AT MUFG
MUFG

Transaction Specialist II

Jersey City, NJ

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 6th largest financial group in the world. Across the globe, we're 160,000 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.

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Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.
This is a hybrid position. The recruiter will provide additional details.

Overall Purpose of Job:

To assist the section in fulfilling its objectives, the Incumbent's functions, 'in order of importance' within the Money Transfer Department (MTD) / Deposit Services Unit / Account Management all the activities relating to:

1) Account Maintenance: (CUA/MMC/TD/TS1) Open, Close, Renewals, Account Maintenance (name, address change, etc.), Rate Maintenance, Account Maintenance CMS Related (Sweep/Pooling/CMS Registrations) and SWIFT Statements Maintenance (940-942-950 and Intellimatch).

2) Account Status Reporting: Inactive Accounts, Dormant Account Maintenance.

3) Miscellaneous: SQN, Checkbook orders and Starter Kits.

Essential Functions:

Customer Maintenance

  • Open/Close and maintain DDA, MMC, TS1 accounts
  • Open, close, renewal (Time Deposits)
  • Process Daily Rates
  • Process OVS related requests from TBOA (Sweep/Pooling/Maintenance/CMS Registrations)
  • IRIS Statement Rules Maintenance
  • Reconcile Reports and E-faxes
  • Scan, Review and Verify Signature requests
  • Process SWIFT MT940,942,950 and Intellimatch to accounts (CUA, MMC, SU5)
  • Process Check Book orders for all MUFG Customers

Quality Control

  • Review the sections activities, ensuring compliance with applicable local and/or Head Office regulations.
  • Review and update Account Management procedures.

Workflow Management

  • Identify, report, and resolve identified discrepancies - in accordance with established procedures.
  • Identify process and procedural related issues that may impact efficiency; implement and monitor cost-effective 'action plans' designed to resolve said issues.
  • Ensure compliance with applicable external and internal regulations, advising Department Management of any deviations from prescribed practices and implementing corrective action plans.

Qualifications:

  • Minimum 1-2 years back office operations experience.
  • Accuracy
  • proficiency in MS Word and Excel,
  • Strong Analytical and Data Entry skills

The typical base pay range for this role is between $45K - $55K 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

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/Affirmative Action 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.

#LI-Hybrid

Client-provided location(s): Jersey City, NJ, USA
Job ID: MUFG_Union_Bank-10058955-WD
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • HSA
    • On-Site Gym
    • HSA With Employer Contribution
    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Long-Term Disability
  • Parental Benefits

    • Non-Birth Parent or Paternity Leave
    • Birth Parent or Maternity Leave
  • Work Flexibility

    • Remote Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
  • Vacation and Time Off

    • Personal/Sick Days
    • Paid Holidays
    • Paid Vacation
  • Financial and Retirement

    • Pension
    • 401(K) With Company Matching
  • Professional Development

    • Promote From Within
    • Mentor Program
    • Access to Online Courses
    • Tuition Reimbursement
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program