Do you want your voice heard and your actions to count? Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 150,000 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.
MUFG, one of the world’s most respected financial groups with a rich heritage spanning over 350 years, is seeking an Assistant Vice President for its Corporate Actions and Income Processing team in London. This is a unique opportunity to join a global powerhouse that values integrity, responsibility, and transparency at every level. As part of MUFG’s Asset Servicing division within Markets and Securities Operations, you will play a pivotal role in supporting both primary and secondary market activities across a diverse range of asset classes, ensuring seamless processing of corporate actions and income events while collaborating closely with colleagues across continents.
What you’ll do
- Ensure all business‑as‑usual processes related to corporate actions and income events are performed efficiently, accurately, and within strict deadlines to avoid any operational losses.
- Oversee daily operations of the outsourced income processing function by maintaining robust checks and controls, guaranteeing high standards of service delivery.
- Build and maintain positive working relationships with Front Office teams to ensure internal service levels are consistently met and exceeded.
- Process mandatory and voluntary corporate actions—including optional dividends—and provide coverage for dividend and coupon processes as required.
- Perform daily cash reconciliations with transparent break reporting; proactively follow up with counterparties to minimise outstanding cash items.
- Liaise with external counterparties to confirm voluntary event instructions promptly, ensuring timely execution of client requirements.
- Understand withholding tax implications for each market; ensure entitlements align with double taxation treaty rates for accurate client outcomes.
- Collaborate closely with Settlements teams and Derivatives Trade Support to guarantee all static data is updated correctly in line with event changes for seamless end‑to‑end processing.
- Identify trades subject to auto‑compensation and update internal workflows accordingly to maintain process integrity.
- Strictly adhere to CASS rules regarding client money segregation while regularly reviewing procedures for continuous improvement.
What you bring
- Experience in a corporate actions or income processing role within investment banking or broader financial services is essential for success in this position.
- Demonstrated understanding of front‑to‑back processing flows across both mandatory and voluntary corporate action events is required.
- Proficiency in Microsoft Excel—including Vlookup functions, Pivot Tables, and Graphs—is necessary for effective data analysis and reporting.
- A solid grasp of how corporate events impact derivatives positions along with associated processing requirements is highly desirable.
- Familiarity with automation initiatives within corporate actions or income processes would be beneficial for driving efficiency improvements.
- Knowledge of systems such as Swift messaging platforms, IntelliMatch reconciliation tools, or Broadridge Gloss is advantageous but not mandatory.
- Strong presentation skills using Microsoft applications (Excel, PowerPoint, Power BI) are preferred for communicating insights effectively.
- A degree or equivalent qualification is preferred but not essential if you can demonstrate relevant experience.
- Excellent communication skills are vital for building trust‑based relationships across teams and engaging confidently with senior stakeholders.
- Exceptional attention to detail combined with a structured approach ensures accuracy even when managing large workloads under tight deadlines.
We are open to considering flexible working requests in line with organisational requirements.
MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected, and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership. We make our recruitment decisions in a non‑discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.
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