Operations Analyst - Cash Reconciliation & Reporting

We are seeking a highly skilled and detail-oriented Operations Analyst to join our team. This role requires strong analytical and research abilities, problem-solving expertise, and the ability to drive efficiency improvements across operational processes. The ideal candidate will confidently engage with stakeholders, sometimes leading meetings as needed; conduct research; contribute to initiatives that enhance operational effectiveness; be effective at multitasking and independent problem-solving; be skillful in driving tasks and prioritizing workloads; have a proven track record of influencing decisions and actions; ensure data accuracy and process integrity at MUFG America; lead teams; foster positive culture; manage reconciliation controls; have account reconciliation expertise; be proficient in data handling, reconciliations, and error resolution; be certified in asset/liability ledger accounts; and drive exception handling. This position also involves ensuring data integrity and financial governance compliance and supporting corporate finance, front office business partners, and risk and control partners through reconciliations, reporting, and process enhancements. The ability to work with proficiency and accuracy in a deadline-driven environment is essential.

Responsibilities:

• Account Reconciliation and Problem-Solving: Perform financial reconciliations, resolve discrepancies, and drive process improvements.
• Operational Analysis and Data Integrity: Analyze complex financial data, troubleshoot issues, and ensure the accuracy of reconciliations.
• Process Improvement and Efficiency Initiatives: Support system testing, ad hoc reporting, and procedure documentation to enhance internal controls.
• Risk, Compliance, and Financial Governance: Maintain familiarity with data governance policies and financial controls to ensure adherence to regulatory and internal policies.
• Stakeholder Engagement: Provide support to corporate finance, front office business partners, and risk and control partners, confidently engaging in meetings and leading discussions when needed to support operational initiatives.
• Deadline-Driven Execution: Perform tasks with accuracy and efficiency in a fast-paced environment where meeting deadlines is critical.
• Balancing account statements; reviewing, providing, correcting, and coding data; calculating and validating batch totals; conducting root cause analysis and remediation; resolving rejected entries and suspended items.
• Updating financial transaction records, such as accounts receivable, disbursements, expense vouchers, payroll, receipts, and accounts payable; reconciling settlements and adjustment entries; remediating fund-processing errors; and certifying asset and liability general ledger accounts.
• Reconciling outstanding account balances and supporting vendor quality control; conducting daily, monthly, and quarterly certification of general ledger balances; monitoring and reporting on exceptions; and distributing exceptions to operations processing teams.

Requirements:

• Reconciliation and Problem-Solving ExpertiseStrong ability to analyze financial data, identify discrepancies, and implement resolutions.
• Project Management and Prioritization - Effective multitasking skills with the ability to manage competing priorities independently.
• Influential Collaboration - Proven ability to communicate effectively and work across teams to drive initiatives forward.
• Financial Industry Knowledge - Familiarity with financial systems, money transfer processes, and commercial loan transactions.

Technical and Systems Proficiency:

• Required: Advanced skills in Microsoft Excel (pivot tables, VLOOKUP, macros, etc. ).
• Preferred: Experience with IntelliMatch, IntelliTrac, Nostro, FX, general ledger reconciliations, WIP/suspense account reconciliations
• Data Analysis and Research Skills - Ability to extract key insights from datasets and support operational decision-making.
• Attention to Detail - Ability to process and verify critical financial information accurately.

Additional Qualifications (Preferred):

• Nostro, FX, and general ledger reconciliations; WIP / suspense account reconciliations; and business knowledgeExperience or familiarity with journal entries, accounting, and Nostro and FX reconciliation operations is a strong plus.
• Experience working on ad hoc projects to improve operational efficiencies, including system testing, process automation, and procedural documentation.
• Familiarity with risk, internal control, and financial governance components to ensure compliance and oversight.
• Ability to perform with proficiency and accuracy in a deadline-driven environment while managing multiple priorities.
• Ability to adapt in a fast-paced environment and take ownership of tasks with minimal supervision.
• Proficiency in Microsoft Access, including database and report building, with some SQL/Toad/Oracle skills required - Six Sigma certification - Ability to communicate effectively and build strong business relationships - Analytical and process skills - Proficiency in Microsoft Office Suite and Visio - Bachelor's degree
• The various controls include general ledger reconciliations, WIP account reconciliations, and suspense account reconciliations; reviewing, providing, correcting, and coding data; conducting root cause analysis and remediation; resolving rejected entries and suspended items; updating financial transaction records; reconciling settlements and adjustment entries; remediating fund-processing errors; and certifying asset and liability general ledger accounts.
• Swift Message Analysis: Thoroughly analyze incoming Swift messages to extract critical information regarding payment sender details, borrower names, lender information, and external agent bank involvement.
• Payment Sender Determination: Accurately identify the payment sender involved in the transaction, distinguishing between borrower, lender, and external agent bank. Attention to Detail: Pay meticulous attention to detail to avoid errors and ensure the accurate input of information into the reconciliation system.
• Borrower Name Cross-Referencing: Utilize an organizational list to cross-reference borrower names, enabling the identification of the relevant team agency and administrative managers involved in the transaction in OVS, T360 ACBS, or both systems.
• Data Security and Confidentiality: Ensure the highest level of data security and confidentiality while handling sensitive financial information.
• Individuals in the Account Reconciliation and Controls job function (Banking Operations Processing) focus on data input and output, general ledgers, and identification and remediation of discrepancies.