Abandoned and Unclaimed Property, Analyst

About the position

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. 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. MUFG is looking for an ambitious operations-oriented, technical-minded, Unclaimed Property Analyst to join our growing Unclaimed Property Team. The role will report into the Assistant Vice President, responsible for Client Reporting Operations. The Analyst will join our Unclaimed Property (UCP) Operations team with a focus on escheatment of funds, state reporting, process improvements, audit defense and other peripherally related functions and initiatives.

Responsibilities

• Maintenance of reporting obligations, submission deadlines, and legal requirements.
• Perform surveillance by reviewing exception reports and perform periodic checks to ensure compliance with regulatory guidelines, as well as other established risk and control framework.
• Assist with MUFG's unclaimed property filing obligations.
• Administer projects pertaining to Unclaimed Property state reporting, escheatment of funds, process improvements, audit defense, and asset recovery.
• Base level understanding or the desire to learn various states' abandoned and unclaimed property tax laws.
• Assist in compliance reviews of internal controls over processes and procedures for sustaining Unclaimed property reporting.
• Perform documentation retrieval and organization of information to support audit defense or voluntary submissions.
• Prepare regulatory filings timely in compliance with various state specific Unclaimed property laws.
• Review Unclaimed Property reconciliations to ensure identified variances are resolved, including research, follow-up, and correction of any outstanding issues.
• Track and respond to Unclaimed Property notices from state and property holders, and follow-up accordingly with various departments for resolutions.
• Participate in multiple business projects, including identifying and implementing process improvements.

Requirements

• Bachelor's degree.
• 1-5 years experience with Unclaimed Property, Escheatment, Accounting, Compliance, or Audit.
• General understanding of Escheatement, Unclaimed Property Laws, State and Local Tax (SALT).
• Experience with Tracker Pro (Ryan LLC) considered a plus.
• Highly organized with exceptional attention to detail and follow-through.
• Proficient to advanced skills with MS Office (Excel, PowerPoint, Word, Outlook).
• High level of initiative and integrity.
• Strong oral and written communications skills.
• Team player, dynamic and capable of working proactively on a wide range of issues in a fast-paced environment.
• Strong ability to manage multiple projects with competing deadlines.

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