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MUFG · 4 hours ago

Payments, Vice President

Tampa, FL

Full-time

Hybrid

Senior Level

$113K/yr - $138K/yr

Mitsubishi UFJ Financial Group (MUFG) is one of the world’s leading financial groups, striving to make a difference for every client, organization, and community. The selected candidate will oversee the operations of the Remittance, Clearing & Settlement Services and Foreign Currency Remittance units, ensuring efficient execution of operations and quality customer service while identifying and mitigating risks.

Financial Services

No H1B

Responsibilities

Oversee financial wires and other electronic financial transactions

Manage documentation and instructions for SWIFT, EDI, and client internal origination processing, limits, and money transfers

Continuously evaluate internal process controls to identify payment operations weaknesses and any associated risks, make recommendations on how to mitigate those risks and implement improvements

Work with internal and external stakeholders to enhance payments configuration, payment processing, and file transmission services

Ensure compliance with all industry, federal, state, and Bank Secrecy Act regulatory requirements across processing activities

Identify and resolve wire compliance issues

Oversee setups of other products, including cash pooling, automatic sweep, reverse sweep, and zero balance accounting

Manage electronic transfer processes

Approve customer lifting charges related to wire transfers

Purchase currencies through foreign exchange system

Ensure foreign wire application instructions are shared with customers

Manage customer funds transfer documentation

Ensure balances and reconciliation transactions are processed according to electronic funds transfer policies and procedures

Review sanctions alerts; provide regulatory and disaster recovery testing

Analyze reports taking action where needed

Qualification

Payments processingBanking regulationsRisk managementForeign currency remittanceSWIFTISO 20022ACHFraud complianceReporting processesAnalytical thinkingLeadershipEffective communicationCollaborationIntegrity

Required

Extensive experience within a complex financial services (and/or highly regulated) environment in bank operations, payments processing or corporate treasury services

Comprehensive understanding of key banking regulations

Thorough understanding of commercial banking operations, bank documentation, foreign and domestic wires, ACH, and check payments, merchant processing settlement functions and other common corporate treasury services

Advanced knowledge of: Front to back foreign and domestic payments operations processing flows, Relevant {region-specific] regulations, SWIFT, FED, CHIPS format, ISO 20022, Banking regulations, Payment Systems infrastructure, NACHA rules, Fraud, Compliance, Sanctions screening, USD and FC Clearing Operations, Risk management and audit methodologies, Fixed Assets capitalization & maintenance, Reporting and reconciliation processes, Analysis of various financial instruments

Demonstrates leadership

Communicates effectively

Identifies multiple paths to success using analytical and critical thinking as well as decision-making skills

Operates strategically to support a culture of continuous improvement and systems thinking

Makes sound business decisions in a complex work environment

Collaborates with other business functions and divisions to advance business objectives

Is flexible, decisive, and able to establish support from leadership

Monitors industry trends and best practices and applies insights to advance the business

Exhibits and fosters optimism, resilience, flexibility, and openness to others' ideas

Inspires innovation and values learning as a lifelong professional objective

Leads by example, engaging inclusively and with intent

Always acts with integrity