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Associate, Middle Office Operations, Global Payment Services

Company Description

About MUFG Investor Services:

Experience something Brilliantly Different with a career at MUFG Investor Services. 

Who are we? In a nutshell, MUFG Investor Services is part of the Mitsubishi UFJ Financial Group, and we partner with over 480 loyal global investment firms to provide them with administration, asset services, banking and fund financing. 

We’re in 14 global locations and provide an exceptional hub of Brilliantly Different talent to thrive.  

#LI-Hybrid

Job Description

Provide a full range of Fund Expense services to clients. This includes:

  • Completion of all client deliverables such as invoice tracking and payment, and query resolution, as required;
  • Liaise with clients, investment managers, vendors and fund service providers for day-to-day operational issues;
  • Work with internal teams, such as other Treasury team locations and Client Operations to ensure all client deliverables are met;
  • Participate in various system improvement initiatives.
  • Role and responsibilities:
  • Accurately track and process all Fund Expense invoices as required;
  • Accurately process all necessary payments in various banking systems;
  • Liaise with clients, investment managers, vendors, fund service providers and internal departments as part of completion of daily Fund Expense activities;
  • Ensure all deliverables and client queries are met as stipulated in the SLA’s;
  • Ensure all processes are performed in accordance with operational procedures and controls and all relevant checklists are completed;
  • Participate in special projects including system upgrades, BCP planning & testing; 
  • Any other ad-hoc tasks as required.
     

Qualifications

  • Post-secondary education with a concentration in finance, accounting or related fields.
  • Knowledge of Swift Payment processing, including payment formatting and field definitions a distinct advantage.
  • Strong computer skills with strengths in Microsoft Office products. Proficiency with Microsoft Excel is particularly an asset.
  • Basic understanding of fund administration industry.
  • Basic understanding of Fund Expense processes, including fee calculation and billing activities.
  • Experience with fund accounting platforms and banking payment platforms is beneficial.

Additional Information

Experience something Brilliantly Different with a career with MUFG Investor Services.

Who are we? In a nutshell, MUFG Investor Services is part of the Mitsubishi UFJ Financial Group family, and we partner with over 480 loyal global investment firms to provide them with administration, asset services, banking, and fund financing.

We’re in 14 global locations and provide an exceptional hub of Brilliantly Different talent to thrive.

MUFG is an equal opportunity employer.

What You Should Know About Associate, Middle Office Operations, Global Payment Services, MUFG Investor Services

Are you ready to take your career to the next level? As an Associate in Middle Office Operations at MUFG Investor Services in beautiful Limassol, Cyprus, you'll play a vital role in ensuring our clients' fund expense services run smoothly. You’ll embark on a journey where your tasks include completing client deliverables such as invoice tracking and payment processing, resolving queries, and liaising with clients, investment managers, and vendors. It's all about communication and collaboration – you'll work closely with internal teams to ensure that we meet our service level agreements and that our clients receive nothing but the best. Your attention to detail will shine as you track and process fund expense invoices while participating in system improvement initiatives and special projects. If you're someone with a keen understanding of the financial world and a knack for organization, this position offers the perfect opportunity to grow your career. Ideally, you’ll possess a strong background in finance or accounting, be familiar with Swift Payment processing, and have solid Microsoft Excel skills. At MUFG, we pride ourselves on being more than just a company; we’re a global family of over 480 investment firms. Join us and experience something truly brilliantly different!

Frequently Asked Questions (FAQs) for Associate, Middle Office Operations, Global Payment Services Role at MUFG Investor Services
What are the key responsibilities of the Associate, Middle Office Operations at MUFG Investor Services?

As an Associate in Middle Office Operations at MUFG Investor Services, you will manage various important tasks including tracking and processing fund expense invoices, ensuring timely payment processing, and addressing daily operational concerns by liaising with clients and internal teams. Your role is crucial in meeting client deliverables and participating in special projects to enhance operational efficiency.

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What qualifications are needed for the Associate, Middle Office Operations at MUFG Investor Services?

To qualify for the Associate, Middle Office Operations position at MUFG Investor Services, candidates should have post-secondary education with a focus on finance, accounting, or related fields. Familiarity with Swift Payment processing, strong computer skills in Microsoft Office (especially Excel), and a basic understanding of fund administration and expense processes are also advantageous.

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How does the Associate, Middle Office Operations contribute to client satisfaction at MUFG Investor Services?

The Associate in Middle Office Operations contributes to client satisfaction at MUFG Investor Services by ensuring all client requests and deliverables are met punctually and accurately. Through effective communication and collaboration with clients, investment managers, and internal teams, the Associate helps to maintain high service standards and resolve any queries, fostering strong client relationships.

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What opportunities for growth exist within the Associate, Middle Office Operations role at MUFG Investor Services?

At MUFG Investor Services, the Associate, Middle Office Operations role offers various growth opportunities. Employees can participate in special projects and system upgrades, enhancing their skills and experience. Additionally, there is potential for career advancement within the organization as you develop your expertise in fund administration and operational efficiencies.

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What skills are most important for success as an Associate, Middle Office Operations at MUFG Investor Services?

Success as an Associate, Middle Office Operations at MUFG Investor Services hinges on several skills, including strong analytical abilities, effective communication skills, and a solid understanding of financial processes. Proficiency in Microsoft Excel and familiarity with fund accounting platforms will also greatly benefit your performance in this role.

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Common Interview Questions for Associate, Middle Office Operations, Global Payment Services
Can you describe your experience with fund expense processes related to the Middle Office Operations?

In answering this question, relate your previous experiences with fund expense activities and elaborate on any specific tasks you've managed, such as invoice tracking or payment processing. Highlight your familiarity with financial protocols and emphasize your attention to detail and organizational skills.

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How do you prioritize tasks when handling multiple client deliverables in Middle Office Operations?

A great approach is to explain that you use a combination of organizational tools and techniques, like task lists and digital project management systems, to prioritize your work effectively. Mention how you assess urgency and importance to fulfill all obligations within the expected timeframes.

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What role does effective communication play in the Associate position at MUFG Investor Services?

Effective communication is paramount in the Associate role, as it facilitates collaboration with clients, vendors, and internal teams. You can explain that keeping all parties informed on progress and addressing queries promptly leads to better service delivery and client satisfaction.

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How would you handle a challenging situation with a client regarding one of their deliverables?

In this scenario, it's vital to demonstrate your problem-solving skills. Discuss your approach to listening to the client’s concerns, taking the initiative to resolve the issue promptly, and ensuring follow-up communication to keep the client updated. This shows that you are both proactive and customer-centric.

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What tools or software have you used for tracking invoices and process payments?

Discuss your experience with various accounting software or payment platforms. Be specific if you've used systems that are similar to what MUFG Investor Services might utilize, and emphasize your proficiency with Microsoft Excel for managing data and tracking payment processes.

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Explain a time when you contributed to a system improvement initiative.

Provide a specific example of an initiative you were involved in, detailing your role in identifying inefficiencies and collaborating with the team to implement solutions. Highlight how your contributions resulted in enhanced processes or better service delivery, demonstrating your ability to innovate and improve operations.

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What do you understand about the fund administration industry and its key trends?

This question gives you a chance to showcase your knowledge of the fund administration sector. Discuss trends like automation in fund management, regulatory changes, and the increasing importance of data analytics in decision-making processes, aligning your insights with MUFG’s operations.

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How do you ensure accuracy in your work, particularly with financial data?

Emphasize best practices to ensure accuracy, such as meticulous data entry, thorough review processes, and double-checking calculations. You can also mention utilizing spreadsheets and automated systems that help minimize errors, showcasing your attention to detail.

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Describe your experience working in a team-oriented environment?

In your response, provide examples of how you’ve worked effectively within teams, contributing to collaborative projects. Highlight your communication skills, the ability to support colleagues, and how you value feedback and differing perspectives in team dynamics.

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Why do you want to work as an Associate in Middle Office Operations at MUFG Investor Services?

This question allows you to narrate your passion for the finance industry and your eagerness to contribute to MUFG Investor Services’ reputation for excellence. Share your career aspirations and how this role aligns with your professional growth and skill development.

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EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
January 13, 2025

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