Head of Supply Chain Finance Middle Office
Head of Supply Chain Finance Middle Office
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 leading financial groups. 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.
Would you like to work for one of the World's largest banks in an exciting, dynamic and international environment?
We are currently recruiting for a Head of Supply Chain Finance for our Middle Office Department in Amsterdam.
About MUFG
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world's leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,000 locations in more than 40 countries. The Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.The Group aims to "be the world's most trusted financial group" through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world.
MUFG's shares trade on the Tokyo, Nagoya, and New York stock exchanges. For more information, visit https://www.mufg.jp/english
About MUFG in the European Economic Area
Following the decision taken by the UK in 2016 to leave the European Union, MUFG has taken all of the necessary steps to ensure the continuation of all services to clients, regardless of their location. Clients located in the European Economic Area (EEA) access services through MUFG Bank (Europe) N.V. as well as MUFG Securities (Europe) N.V.
About MUFG Bank (Europe) N.V.
MUFG Bank (Europe) N.V. (MBE) is a fully-owned subsidiary of MUFG Bank, headquartered in Amsterdam. With offices throughout Europe, our teams provide clients with comprehensive financing solutions spanning Coverage & Structured Finance, Capital Markets and Transaction Banking, using MUFG's global reach to provide bespoke solutions.With 73 green, sustainability, sustainability-linked and transition bond tranches in 2021 and 51 sustainability-linked loans in EMEA in 2021, MUFG is committed to supporting clients to achieve sustainable business growth.
Please visit our website for more information - https://www.mufgemea.com/mbe
Overall Purpose of Job
This role reports directly to the Head of Middle Office Division with dotted line to MBE's Head of Supply Chain Finance, and is responsible for managing a team that supports all Middle Office activities that relate to the Supply Chain Finance product for MBE, ensuring all processes are aligned to the bank's rules, policies and guidelines as well as the regulatory and risk framework.This role will work closely with cross-functional teams across MUFG entities (US, London, Singapore, etc.) to support the continued development of the SCF platform, through feedback, design and testing of the SCF solutionand will operate from MUFG's head office in Amsterdam.
The role includes the following- Support of Supplier On-Boarding/Due dilligenceactivities including KYC
- Back-Office Account Reconciliation
- Client & Supplier Customer Service
- Platform Data Maintenance
- Program Monitoring & Optimization
- Integration Support & Platform Testing
- SCF Process - Design & Support, including design/maintenance of procedures/manuals
- Closecooperation with the Head of Middle Office Devision in setting the strategy, direction and objectives for the Team in alignment with longer term MBE strategies
- Identifying improvements and new initiatives that optimize the Supply Chain Finance Program
- Lead/Coordinate Project/Change Management in the Team - this can be new team specific processes/controls to be designed and implemented
- Leading role in embedment of MBE SII & RCSA framework for Supply Chain Finance Middle Office
- Leading role in MBE's Data Management and Governance Framework as Data Steward/Busines Process Owner for the Team
- Support onsite DNB inspections, external and internal audits as well as management actions for remediation/closing of findings
- Lead, guide and motivate (junior) team members, being a role model for MUFG values and behaviours
- Adapt to and identify changes in systems, processes and working practices in order to achieve operational improvement and efficiencies
- Senior Liaison and SME for Front Offices and Support Functions, providing guidance with respect to SCF products and processes, governed by internal/external rules, laws and policies
- Keep relevant Product, Risk, Governance and Regulatory knowledge/expertise updated
The tasks described above, apply to the business of the Amsterdam, Germany, Vienna Brussels, Madridand London offices of the bank.
In order to be successful in the role, you will need the following:
- Professional economic/administrative education
- Thorough understanding of the Supply Chain Finance products is preferred, experience in a similar function or relevant area (like Corporate Banking or Middle Office), and experience in managing people, helping to lead, motivate and develop
- The function requires detailed knowledge of the (intra-)departmental work flows and (operational) processes, the Supply Chain Finance product and platforms offered by the Front Offices (Corporate-, Structured Finance- and Financial Institutions Coverage Teams and Treasury) as well of the applicable internal and external legislation
- The function also requires knowledge of and experience with automated database storage, processing and desktop IT skills
- Team player and able to co-workin an international team in different locations in continental Europe
- Quick learner, problem-solver and result-driven
- Independent, self-motivated, with an ability to adapt and be flexible in a team environment
- Ability to communicate clearly and confidently; able to influence internal and external stakeholders with strong relationshipi building skills
- Ability to work under pressure and to fixed deadlines
- Strong verbal and written communication skills in English are essential
Personal requirements:
Integrity and Responsibility- Balance Risk with Opportunity
- Customer Focus
- Demonstrate Global Perspective
- Drive For Results
- Collaborate and Build Partnerships
- Communicate Effectively and Professionally
- Influence and Inspire Others
- Lead Change & Seek Continuous Improvement
- Think Strategically
- Manage and Develop Talent
What we have to offer:
- To work in an ambitious, international environment with colleagues from different countries and cultures, who strive for the best in one of the largest banks of the world
- Gross salary based on experience and consistent with the market
- 8% holiday allowance and 13th month payment
- 30 vacation days per year, optional you can buy 15 additional days
- Commuting allowance based on annual public transport 2nd class, most economical way, or € 0,21 per km with a max of 75km one way
- € 5,00 net remote working compensation per day, with a maximum of € 60,00 per month
- Possibility to order a mobile phone (up to € 800,-)
- Possibility to order office equipment for home office (up to € 500,-)
- Remote Working Policy i.e. Working From Home (WFH) and Remote Working in another Country
- Bicycle plan (fiscal benefit)
- Company fitness (fiscal benefit)
- Mental health workshops and budget for external courses (i.e. Dutch language classes)
- Employee contribution towards Pension insurance (max 5%, currently 2%), our pension scheme is based on a defined contribution scheme
- Training & development possibilities paid by the bank
Additional information :
Acquisition in response to this vacancy is not appreciated.
The role is based in the Netherlands. All candidates need to be willing to relocate to the Netherlands. Internal employees will be supported in case of relocation.
For more information regarding this position you can contact our Talent Acquisition Specialist at: recruitment@nl.mufg.jp
We are open to considering flexible working requests in line with organisational requirements.
MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.
We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.
Job ID 10067449-WD