Payments Analyst

Join Mitsubishi UFJ Financial Group

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.

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.

Responsibilities

Execute and support foreign currency wire payment processing activities, including SWIFT-based transactions for global clients

Perform Prep, Process, Review, and Verification functions for incoming and outgoing wires across multiple branch locations

Validate payment instructions, supporting documentation, and approvals to ensure completeness and accuracy prior to release

Review and process FX contracts, vouchers, and related funding components

Review, approve, and validate bank charges (lifting, BBK, repair) and ensure accurate recording and reconciliation

Perform end-of-day proofing, ensuring all transactions, approvals, and system queues are completed and cleared

Investigate and resolve processing exceptions, delays, and pending items

Ensure adherence to regulatory requirements including OFAC, BSA guidelines, and internal controls

Reconcile debit/credit postings and support monthly reconciliation processes

Maintain strict compliance with information security and data protection standards

Provide guidance, training, and operational support to offshore teams on remittance processing and charge handling

Support procedure updates, process enhancements, and audit or regulatory review activities

Work Experience

35 years of experience in Money Transfer / Payments Operations

Experience in foreign currency wire remittance processing for corporate and institutional clients

Hands-on knowledge of SWIFT ISO formats including pacs.008, pacs.009, pacs.009 COV, and pain.001

Experience handling incoming and outgoing cross-border wire payments and related processing workflows

Experience reviewing and processing FX contracts, vouchers, and associated payment documentation

Working knowledge of bank charges (lifting, BBK, repair) and reconciliation processes

Understanding of regulatory requirements including OFAC and BSA-related controls

Experience supporting offshore operations or distributed payment teams preferred

Background in Financial Services / Banking Operations preferred

Functional Skills

Strong understanding of foreign currency wire remittance operations, including:

o SWIFT ISO payment processing (pacs.008 / pacs.009 / cover payments)

o Incoming and outgoing cross-border wire flows

o FX contract processing and voucher validation

Familiarity with:

o End-to-end wire processing lifecycle (Prep, Process, Review, Verification)

o Payment systems such as GPP, SAMH, OVS (or equivalent) would be a plus

o Bank charge handling (lifting charges, BBK, repairs)

o Reconciliations, debit/credit postings, and monthly charge invoice validation

o Exception handling, queue management, and pending item resolution

o OFAC and sanctions screening requirements, including Hot Scan processes

o Information Security Standards and Procedures (ISSP) and data handling controls

Working knowledge of:

o SLA-driven payment processing and time-critical operations

o End-of-day proofing and operational reconciliation processes

o Documentation standards supporting audit and compliance requirements

o Offshore support models and cross-location process coordination

Foundational Skills

Communicates clearly and effectively with operations, compliance, and offshore teams

Demonstrates strong attention to detail and accuracy in transaction processing

Applies sound judgment in high-volume, time-sensitive payment environments

Maintains strict adherence to procedures, controls, and regulatory standards

Strong multitasking and prioritization capability

Demonstrates customer service orientation and responsiveness

Supports process improvement and operational efficiency initiatives

Education

High School Diploma or equivalent required

Bachelor's degree or equivalent combination of education and relevant work experience preferred

Degree in Finance, Business, Accounting, or related field preferred

The typical base pay range for this role is between $61K - $77K depending on job-related knowledge, skills, experience, and location. This role may also be eligible for certain discretionary performance-based bonuses 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.

We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws. The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any. 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.