Mitsubishi - Tampa, FL

posted 5 months ago

Full-time - Mid Level
Tampa, FL
10,001+ employees
Transportation Equipment Manufacturing

About the position

We are seeking a highly motivated and detail-oriented Assistant Vice President (AVP) to join our Commercial Credit Card team at MUFG Bank. The successful candidate will play a crucial role in managing journal entries, OVS Entries, TSYS reconciliation, UAT Testing, Breaks Investigation, settlements, rebate calculations, writing and rewriting controls, handling RCSA (Risk Control Self Assessment), and leading various projects related to the commercial credit card product. Additionally, the AVP will assist in remediating different types of risks as they arise. The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. This position requires a strong analytical mindset and the ability to communicate effectively with various stakeholders. The AVP will be responsible for daily monitoring and reporting on Risk Indicators and will serve as a subject matter expert for risk remediation. The role also involves collaboration with team members to enhance processes and procedures, ensuring compliance and operational efficiency. In addition to the core responsibilities, the AVP will oversee account reconciliation within the internal control unit space, ensuring timely and accurate reconciliation for incoming cash, General Ledger postings, Past Dues, Foreign Currency items, and Suspense accounts. The AVP will support the Vice President with SOX testing, internal and external audit requests, and issue escalation. This position is integral to maintaining the integrity of financial operations and minimizing operational risks and losses.

Responsibilities

  • Assist with journal entries and rebate calculations.
  • Write and rewrite controls to ensure compliance and operational efficiency.
  • Handle RCSA to identify and mitigate potential risks.
  • Assist and lead different projects for the commercial credit card product.
  • Assist in remediating various types of risks as they emerge.
  • Collaborate with team members to enhance processes and procedures.
  • Daily monitoring and reporting on Risk Indicators.
  • Serve as a subject matter expert for risk remediation.
  • Balance account statements; review, correct, and code data.
  • Calculate and validate batch totals; conduct root cause analysis and remediation.
  • Resolve rejected entries and suspended items; update financial transaction records.
  • Reconcile settlements and adjustment entries; remediate fund-processing errors.
  • Certify asset and liability general ledger accounts; reconcile outstanding account balances.
  • Support vendor quality control; conduct daily, monthly, and quarterly certification of general ledger balances.
  • Monitor and report on exceptions; distribute exceptions to operations processing teams.
  • Utilize IntelliMatch software to perform reconciliation.
  • Provide analytical support and governance within the reconciliation process between the sub-ledger and general ledger.
  • Own, update, and improve database to track activity across Operations functions.
  • Use data to drive projects, provide business justification for proposals, and analyze the results of implemented changes.
  • Prepare reports for target audiences; demonstrate excellent judgment in interpreting policies and assessing risk.
  • Ensure timely and accurate reconciliation for incoming cash, General Ledger postings, Past Dues, Foreign Currency items, Suspense accounts, etc.
  • Coordinate with the VP for support on initiatives, including technology or infrastructure enhancements, system upgrades, human capital discussions, etc.
  • Design and implement departmental structural and procedural changes, including Standard Operating Procedure creation/review.

Requirements

  • 3-5 years of work experience, preferably in the financial services industry.
  • Proficiency in Microsoft Access, including database and report building, with some SQL/Toad/Oracle.
  • Ability to communicate effectively and build strong business relationships.
  • Strong analytical and process skills.
  • Proficiency in Microsoft Office Suite and Visio.
  • Bachelor's degree.

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
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