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Syndicated Operations Specialist, Assistant Vice President

4 months ago


New York, United States MUFG Bank, Ltd. Full time
Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. 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.

Job Summary:

This role will provide full operational support to CMG's and SPG's Syndicate Desk for the firm's Bill & Deliver mandates in regard to obtaining eligibility with all vendors.
Capital Market Group Primary Desk: Investment Grade, High Yield, Equities, Private Placements / Project Finance, and Advisory.
Securitized Products Primary Desk: Asset Backed Securities, Collateralized Loan Obligations, and Pass-Through Notes.

Major Responsibilities:
  • Obtain new issue eligibilities with DTC & Euroclear/Clearstream to ensure settlement for global notes
  • Apply for new issue eligibility with FINRA and monitor TRACE reporting tool to resolve discrepancies and adhere to FINRA regulations for Primary transactions
  • Registration letters, DTC eligibility, closing mechanics takedown vs DWAC and LIBOR settings on floating rate notes
  • Work with the desk to advise on non-conventional deals to outline operational mechanics for origination and distribution
  • Secure funding via Day Loan for deal closings
  • Advise the desk on internal and external infrastructure requirements pertaining to new primary businesses, i.e. Pass-Through Notes, etc.
  • Coordinate logistics on ad-hoc settlements such as accredited investor notes on CLO offerings
  • Ensure flagging of trades for 144a/Reg S offerings to include prospectus delivery as stated by FINRA regulation
  • Reconcile sensitive intrafirm treasury hedge transfers from CMG to the Rates desk
  • Provide real-time support for order entry, flow and execution and communicate to issuer/client for wire instructions, executed underwriting documents and KYC
  • Act as a buffer to supplement trade support responsibilities, including trade allocation & internal FOBO reconciliation
  • Action investor DKs on closing date to ensure full settlement and mitigate any fails which allows for full return of funds at no additional cost
  • Support entire credit sales on pricing date to ensure the accuracy and validity of orders including hedges
  • Position management, outreach to primary investors for settlement confirmation
  • Engage with the desk to ensure qualitative & quantitative deal information is logged into Dealtrak
  • Ensure deal information is accurate for Regulatory Finance's moment to moment capital changes
  • Update and ensure payment of sales credit for orders originating from affiliates
  • Distribution of month end marks for ABS and CLO positions
  • Run PnL calculations on all short covers for every deal
  • Sole ownership of firm's Out of Pocket submissions and Final Settling of fees for all deal types
Qualifications:
  • Undergraduate degree plus 3 - 7 years of Syndicated Loan Trading experience
  • Bachelor's degree in finance/ operation management and/or commensurate amount of commercial banking experience is preferable
  • Very strong customer service skills with exceptional written and verbal communication skills
  • Strong problem solving, research and analytical skills with the ability and willingness to work in a structured, high paced environment, with daily routine operations
  • Detail-oriented, conscientious and energetic professional with ability to think creatively.
  • Ability to operate in a challenging and rapidly changing environment with a desire to accept new assignments and the ability to learn new principles and dynamic systems quickly


The typical base pay range for this role is between $90K - $115K depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes 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, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.

MUFG Benefits Summary

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.

We are proud to be an Equal Opportunity Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual's associates or relatives that is protected under applicable federal, state, or local law.