Transaction Banking Services Attorney
MUFG seeks an attorney to join MUFG’s legal team to support the Transaction Banking line of business. This attorney will provide support to Transaction Banking’s Cash Management Services divisions. The Cash Management business provides cash and treasury management and related services (depository, payables, receivables, and corporate card services). Transaction Banking’s customers include corporations, financial institutions, not-for-profit organizations, foundations, insurance companies, and mutual funds.
Major Responsibilities:
- Provide legal counsel to senior management, relationship management, sales, product management, business controls, client onboarding, and support teams to assist with the development and delivery of Cash Management services provided to the Bank’s multinational, institutional and domestic clients.
- The position requires experience supporting several (but not necessarily all) of the following products/services:
- Cash Management Services, including deposit services, related to funds transfers (ACH, wire transfers, real-time payments, and checks), lockbox, FX, liquidity management, online banking, data reporting products, and payables and receivables solutions.
- Global Cash Management
- Commercial Card Services
- Liaise with and support senior business executives
- Review, draft, and negotiate customer agreements
- Draft, negotiate and advise on a range of corporate banking agreements such as referral agreements, control agreements and NDAs.
- Draft new legal agreements, forms and templates for new products and update existing documentation for evolving domestic and global product suite
- Provide legal guidance and advice to business divisions for the development and/or modification of products and services, including payment systems and operations
- Assist with preparation of responses to requests for proposals (RFPs)
- Partner with Risk, Compliance, Data Protection & Privacy, Vendor/Sourcing and other internal subject matter experts to guide the business on internal policies and procedures
- ·Consult and collaborate with other MUFG in-house attorneys globally, serving as a consultative resource to MUFG Legal Department colleagues.
Minimum Experience and Qualifications:
- You have a minimum of 3-5 years’ experience either as in-house counsel with a bank, or experience with a law firm, providing advice to banks on several (but not necessarily all) of the above-referenced Cash Management products and services;
- You are a member of the New York bar or otherwise qualified to practice law in New York as in-house counsel;
- You have experience in cash management products and services;
- You have a proven ability to provide counsel and guidance on matters ranging from complex legal questions to routine day-to-day legal matters;
- You possess strong contract negotiating skills;
- Excellent issue spotting, risk assessment and problem solving skills;
- You are flexible and adaptable to changing priorities and deadlines and are able to handle several priorities
- You show Initiative, are a strategic thinker and have good judgment; you possess the ability to influence, interact with and advise senior executives, build trusted relationships with clients and colleagues, and you deal constructively with conflict;
- You possess a strong work ethic, are a self‐starter, and have a reputation for timely transaction execution and comfortable in a fast‐paced environment.
Additional Experience with any of the following areas is preferred but not required:
- Experience with respect to secured and unsecured bilateral credit facilities, letters of credit and other various credit products, such as direct lending facilities, cross-border lending, and middle market lending.
- Support of trade finance activities, including review of letters of credit, receivables purchase facilities, and/or participation agreements.
The typical base pay range for this role is between $200K - $225K 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
