Transaction Banking Specialist

Company: MUFG
Location: Tempe
Posted on: January 12, 2022

Job Description:

Do you want your voice heard and your actions to count?Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world. Across the globe, we're 180,000 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.Some MUFG roles require that individuals be fully vaccinated against COVID-19, subject to medical and/or religious exemptions, if applicable. Should you be selected for an interview, your recruiter will provide additional information. Job Summary: We're seeking a Transaction Banking Specialist to perform the Proof and Reconciliation and Undeliverable Mail functions at the Bank, which include responsibilities that are time-sensitive and require meticulous record keeping. You will need to reconcile and resolve any discrepancies and provide management with the details necessary to minimize exposure. Major Responsibilities: Proof and Reconciliation - Reconcile Mellon Bank (Controlled Disbursement and Lockbox) accordingly to given reports, properly enter accounts, and resolve discrepancies. - Reconcile the 'in house' Bank accounts and resolve all discrepancies in accordance with the established procedures. - Ensure all documents to the Head Office are in compliance with their regulations. - Process Proof & Control Proof, ACH WIP & UB Proof, and New York, Chicago, and Los Angeles In clearing Proof daily. Fee Processing - Responsible for processing transactions based on instructions from Front Office and Internal Departments. - Ensure that the instruction received is entered into the OVS System correctly and in a timely matter. Investigations - Responsible for the opening and closure of Investigations received by MUFG branches. - Review and process internal and external Customer's claims, ensuring that adjustments are executed in line with procedures and applicable internal regulations. - Log each Investigation daily and the reconciliation of Federal Reserve Bank, and other bank's discrepancies. Undeliverable Mail - Redirect Mail that has been returned to our NJ/NY mailroom as undeliverable mail. Qualifications: - Minimum 1-2 years back office operations experience - Proficiency in MS Word and Excel - Strong accounting skills - High School diplomaThe 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 in employment decisions on the basis of any protected category.

Keywords: MUFG, Tempe , Transaction Banking Specialist, Accounting, Auditing , Tempe, Arizona