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Senior Associate, 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

#LI-Hybrid

Qualifications

You Have:

  • Post-secondary education with a concentration in finance, accounting or related fields.
  • 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.
  • Knowledge of Swift Payment processing, including payment formatting and field definitions a distinct advantage.
     

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.

Average salary estimate

$75000 / YEARLY (est.)
min
max
$60000K
$90000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Senior Associate, Global Payment Services, MUFG Investor Services

Join the dynamic team at MUFG Investor Services as a Senior Associate in Global Payment Services! Based in the vibrant city of Halifax, NS, Canada, you will provide a full range of Fund Expense services to our valued clients. This role is all about making a difference in the financial service industry. You will be responsible for ensuring that all client deliverables, such as invoice tracking and payments, are flawlessly executed. The position encourages you to liaise with clients, investment managers, vendors, and internal teams to address any day-to-day operational needs. We are looking for someone who is detail-oriented and enjoys taking part in various system improvement initiatives. Your contributions will help our clients remain satisfied and engaged while you bring your skills in finance and accounting. With your strong proficiency in Excel and an understanding of fund administration, you will track and process invoices accurately and manage payments through our banking systems. Additionally, your knowledge of Swift Payment processing will give you a leg up in this role. Bring your post-secondary education in finance or accounting, alongside your passion for service excellence to MUFG—where we experience something Brilliantly Different every day!

Frequently Asked Questions (FAQs) for Senior Associate, Global Payment Services Role at MUFG Investor Services
What are the main responsibilities of a Senior Associate in Global Payment Services at MUFG Investor Services?

As a Senior Associate in Global Payment Services at MUFG Investor Services, your main responsibilities will include providing comprehensive Fund Expense services. You will track and process all Fund Expense invoices, manage payment operations efficiently, and liaise with clients, investment managers, and vendors to resolve any queries. You’ll also participate in system improvement projects, ensuring all deliverables meet specified SLAs and that all procedures are followed accurately.

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What qualifications do I need to apply for the Senior Associate position at MUFG Investor Services?

To apply for the Senior Associate, Global Payment Services role at MUFG Investor Services, you need post-secondary education in finance, accounting, or a related field. Additionally, strong computer skills, particularly in Microsoft Excel, are essential. A basic understanding of fund administration processes and experience with fund accounting platforms will greatly enhance your application.

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How does MUFG Investor Services support career development for Senior Associates?

MUFG Investor Services is committed to the professional and personal growth of employees, including Senior Associates in Global Payment Services. The company encourages participation in various system improvement initiatives and special projects, providing opportunities for skill enhancement and career advancement within the financial services sector.

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What does a typical day look like for a Senior Associate in Global Payment Services at MUFG Investor Services?

A typical day for a Senior Associate in Global Payment Services at MUFG Investor Services involves tracking and processing Fund Expense invoices, managing banking payments, and communicating with clients and vendors to address any operational issues. You'll also work collaboratively with internal teams to ensure that client deliverables are met and participate in improvement initiatives to enhance workflow and efficiency.

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What tools or platforms will I be using as a Senior Associate in Global Payment Services?

In your role as a Senior Associate, Global Payment Services at MUFG Investor Services, you will utilize various banking payment platforms, fund accounting platforms, and tools within the Microsoft Office suite. Your proficiency in these tools will help facilitate efficient invoice processing and payment management, while knowledge of Swift Payment processing will be particularly beneficial.

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Common Interview Questions for Senior Associate, Global Payment Services
Can you describe your experience with fund expense processes?

When answering this question, detail your understanding of fund expense processes, including invoice tracking, fee calculation, and billing activities. Mention any relevant experience you have working in fund administration and how you've managed related operations in past positions.

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How do you ensure accuracy when processing payments?

To effectively answer this, discuss the methods you employ to double-check your work, such as maintaining accurate records, utilizing checklists, and confirming transaction details before submitting payments. Highlight any tools or software you use to ensure precision.

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What experience do you have in liaising with clients to resolve queries?

In your response, share specific examples of how you have successfully communicated with clients, investment managers, or vendors in resolving issues. Explain your approach to maintaining professional relationships and ensuring client satisfaction through effective problem-solving.

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How do you prioritize your tasks in a fast-paced environment?

Describe your organizational skills and the methods you use to prioritize tasks, such as creating to-do lists, setting deadlines, or using project management tools. Illustrate this with examples of how you have handled competing tasks in previous roles.

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What role do you believe teamwork plays in operational success?

Discuss the importance of collaboration in achieving goals. Provide examples of how you have successfully collaborated with colleagues or departments in the past, emphasizing effective communication and shared objectives in a team setting.

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Can you explain your familiarity with Swift Payment processing?

If asked about Swift Payment processing, detail your experience and knowledge about the system, including formatting payment messages and understanding field definitions. This showcases your readiness to apply this knowledge in the role.

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How do you stay organized while handling multiple client accounts?

Share the strategies that enable you to manage multiple accounts effectively. These might include employing CRM software, creating detailed spreadsheets, or setting reminders for follow-ups to stay on top of deliverables.

Join Rise to see the full answer
Describe a time when you had to troubleshoot an operational issue.

Provide a specific example of an operational issue you faced, your approach to troubleshooting it, and the outcome. This demonstrates your problem-solving skills and your ability to think critically in challenging situations.

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What is your approach to continuous improvement within your role?

Discuss how you believe in adapting and optimizing processes by seeking feedback, learning from errors, and proposing enhancements. Illustrate this with past experiences where you contributed to improved operations.

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How do you handle stress while meeting tight deadlines?

Talk about stress management techniques you employ, such as prioritizing tasks, taking brief breaks for clarity, or maintaining a positive mindset to navigate tight deadlines effectively.

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EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
March 26, 2025

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