Senior Manager of DTC Settlements and Securities Financing

3 weeks ago


New York, New York, United States MUFG Full time

About the Role

Mitsubishi UFJ Financial Group (MUFG) is seeking a highly skilled and experienced professional to join our team as a Senior Manager of DTC Settlements and Securities Financing. This is a critical role that requires a strong understanding of DTC collateral settling, securities financing, and back office operations.

Key Responsibilities

  • Manage all back office operations functions, including DTC deliveries, end of day balancing for DTC, stock record maintenance, BPS/GFW intraday maintenance, and collateral management within DTC.
  • Validate, research, update, and distribute fail reports firm-wide.
  • Settle all DTC trades and ensure adherence to Rule 204, monitoring short sale settlement.
  • Process corporate buybacks, including DWACs.
  • Create and modify processes and procedures to ensure efficient and accurate operations.
  • Handle audit inquiries and manage key processing throughout the day for accuracy and completeness.
  • Work with other manager team members across the firm on strategic initiatives and handle key escalations.
  • May be responsible for managing team members as needed.

Requirements

  • Bachelor's degree in a related field.
  • 7-10 years of experience in DTC settlements and securities financing.
  • Proficiency in DTCC Settlement Web, DTCC PORTAL, BPS/ADP/GFW, and Microsoft Suite.
  • Knowledge of Loanet and additional system knowledge a plus.

About MUFG

MUFG is a global financial institution with a strong commitment to diversity, equity, and inclusion. We offer a competitive benefits package, including comprehensive health and wellness benefits, retirement plans, educational assistance, and training programs. We are an equal opportunity employer and welcome applications from diverse candidates.



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