Supply Chain Finance Onboarding - Assistant Vice President (AVP)

MUFG Bank, Ltd. • $110K — $177K *
Danbury, CT 06810In-Person
Business Services
Less than 5 years of experience
1 week ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; advanced degree or equivalent experience preferred
  • Keen attention to detail
  • Strong analytical and organizational skills, capable of managing multiple tasks
  • Excellent interpersonal and communication skills in a diverse team environment
  • Proficient in oral and written presentations for various levels
  • Ability to prioritize effectively to meet aggressive goals
  • Minimum of three years of relevant experience

Responsibilities

  • Analyze and improve current processes
  • Monitor team performance against Statement of Work (SOW)
  • Provide weekly/monthly reports on special programs
  • Maintain and update Standard Operating Procedures
  • Define requirements for system enhancements and workflow tools
  • Directly manage offshore team and conduct daily review meetings
  • Oversee special onboarding for foreign suppliers, including liaison with counsel
  • Coordinate timely completion of onboarding across teams
  • Liaise with KYC teams to address issues
  • Supervise RCSA updates and lead quarterly control testing
  • Review and approve UCC filings and work with legal counsel
  • Finalize and verify documentation completeness from suppliers
  • Perform additional tasks and special projects as needed

Benefits

  • 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
  • Paid vacation, sick days, and holidays
Full Job Description
Job Summary:

Overall responsibility for supplier on-boarding documentation function, improving time-to-revenue while ensuring an adequate control environment. Directly supervise our offshore contractors involved in the function. Work with Supply Chain Finance (SCF) team members, broader MUFG functional partners, vendor platforms, and internal/external/foreign counsel.

Responsibilities:

Analytical Responsibilities:
  • Analyze current processes for improvement
  • Monitor team performance vs. SOW
  • Weekly/Monthly reporting as required on special programs e.g. Dynamic Discount
  • Maintain and adjust Standard Operating Procedures
  • Define requirements for system enhancements including workflow tool and e-doc platform


Supplier On-Boarding activities:
  • Directly manage offshore team and conduct daily meetings with offshore contractors to review suppliers in progress; ensure deals in flight are assigned and tracked
  • Oversee special Onboarding requirements for foreign suppliers, liaising with foreign counsel as needed
  • Work with cross-functional teams to achieve completion of supplier onboarding on a timely basis, leading regular cross-functional meetings (i.e. SCF Acquisitions, Operations, Legal etc.)
  • Liaise with KYC teams as needed to review and escalate issues
  • Oversee RCSA updates and serve as business lead for quarterly control testing
  • Review and approve UCC filings/collateral descriptions and work with external/internal Legal counsel and SCF Acquisitions to resolve outstanding conflicting claims
  • Utilize and approve Onboarding process steps in multiple internal/external systems
  • Provide guidance for onboarding activities for TPS and two fin-tech platforms with similar but different Onboarding steps
  • Final review of documentation received from supplier for completeness and correctness: work directly with supplier, counsel, operations, and/or SCF Acquisitions to resolve any issues
  • Other tasks and special projects as assigned


Qualifications
  • Completion of a degree from a four-year college (e.g., B.A., B.S.), advanced degree or equivalent experience preferable
  • Excellent attention to details
  • Strong analytical and organizational skills with the ability to take charge, follow up, and simultaneously manage multiple activities concurrently.
  • Excellent interpersonal/communications capabilities with the ability to work in a multifaceted/diverse team environment.
  • Strong oral and written presentation skills and comfortable working at all levels internally and externally.
  • Ability to multi-task and prioritize tasks to achieve aggressive onboarding goals.
  • Minimum three years of relevant experience.


The typical base range for this role is between $110K to $177K per year 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

About MUFG Bank, Ltd.

MUFG Bank, Ltd. Careers

There has never been a better time to join the global team at MUFG Bank, Ltd., a premier institution recognized for its leadership in the financial sector. MUFG Bank, Ltd. offers a plethora of job opportunities that cater to a variety of skills and interests, all while fostering professional growth and innovation.

Work You’ll Do

Join MUFG Bank, Ltd.'s distinguished team to assist some of the most sophisticated clients in navigating their financial landscapes. At MUFG Bank, Ltd., team members lead from a unique position in the marketplace, at the crossroads of financial expertise, industry knowledge, and digital innovation. Engage with a global team of business and financial advisors to help clients master their economic strategies and challenges. Collaborate with the largest group of finance professionals in the industry – a network that spans across continents offering unmatched opportunities for networking and professional development.

Introducing the MUFG Bank, Ltd. Business Advisory

The team is dedicated to building a leading Advisory group to guide some of the most renowned companies through their financial strategies using innovative solutions.

Do Innovative Work

Be part of a team that delivers targeted financial solutions through a depth and breadth of consulting experience and innovation that’s second to none.

Be Part of a Great Team

Work on a wide range of financial technologies and harness the unparalleled capabilities, global scale, and joint solution development that only MUFG Bank, Ltd. can offer.

Future-Proof Your Career

Advance your career as far as your ambition can take you with limitless opportunities supported by unmatched training, development, and certification support.

Explore

Discover how MUFG Bank, Ltd. is leading the way in financial innovation with cutting-edge projects like blockchain for secure transactions and AI for risk assessment.

The MUFG Bank, Ltd. Alliance

The combined service capabilities, global scale, and joint solution development enable clients to overcome challenges and lead transformation in their industries. Clients worldwide turn to MUFG Bank, Ltd. for new strategies and financial solutions to drive growth and success in the digital era.

Stay Connected

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Learn more about MUFG Bank, Ltd.
Industry
Finance & Insurance
* Ladders Estimates

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