Location: Tampa,FL, USA
**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 10 largest financial institutions according to S&P Global. 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.
The incumbent is responsible for manning the **Documentary Collections desk** and processing transactions related to Commercial Letters of Credit in Trade 360 System, which includes: (a) Documentary Collections- Incoming and Outgoing/ Checks (b) US compliance regulation checks/screening/data entry; and (c) acceptances/payments, Reimbursement claims.
To assist the Section in achieving its planned objectives, the incumbent is assigned to the following Functions: (1) Document Review (2) Transaction Processing, (3) Transaction Control, and (4) Investigation (5) Documentary Collections
**Essential Functions**
**Documentary Collections Documents Review:** Assist in review of docs received under- both Import and Export Collections. Route documents to appropriate queues in T360 processing system for processing. Prepare cover letters to out- going shipping documents and ensuring all endorsements are done, and reconciled against courier log. Handle Documentary LC documents as well.
**Perform compliance checks/screening** for OFAC, EAR, Anti-boycott, BSA AML and JFEL (Japanese Foreign Exchange Laws) /Red flags/vessels/shipping lines/ports/country violations relating to trade finance documents/claims/transactions.
**Transaction Processing in Trade 360 System** : Prepare Swift messages to issuing or negotiation bank; (a) requesting a waiver for discrepancies, or (b) notifying status of discrepant documents. Or (c) Reimbursement claim processing/ investigations. Perform required follow-up activities; ensuring identified issues are resolved within prescribed timeframes. Prepare cover letters for the documents as required.
**Transaction Control** : Contact the customers, obtaining the necessary instruction for pending discrepant documents under LCs and Documentary Collections. Provide the supervisor or account officers with the status of long pending items.
**Investigation** : Respond to inquiries received from customers/Relationship Managers and issuing/negotiating banks regarding pending documents/transactions. Ensure timely responses and follow-ups are done.
**Experience/Abilities** **:**
+ 2-5 years LC/Collections/ Trade Finance experience or banking/administrative experience. Good computing skills with knowledge in MS Word and Excel. Well-organized with sharp attention to details. Flexibility to learn new technologies/applications with ease.
+ Knowledge of Import and Export Letters of Credit/UCP 600/URR 725/International Banking Standard Practice (ISBP), INCOTERMS, Compliance and or International Trade operations or Payments experience (CHIPS/FED) and knowledge of SWIFT is a plus.
**Education**
High school graduate or Equivalent is required Some College level courses or degree is preferred. Any training or certificates of completion of Compliance training /Trade Finance or experience in US compliance regulations is considered a plus.
The typical base pay range for this role is between $61K- $78K depending on job-related knowledge, skills, experience and location. 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 (
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