Senior Product Manager – Liquidity Product Management

Job Description

VP, Liquidity Product Manager-Transaction Banking | Mitsubishi UFJ Financial Group

The Tone:
This is a full-time hybrid role located in either New York, NY or Los Angeles, CA. Mitsubishi UFJ Financial Group is one of the world’s leading financial groups, striving to make a difference for every client, organization, and community. This position plays a crucial role in developing and managing Transaction Banking Liquidity Products, particularly focusing on the virtual account management product, which aligns with MUFG’s on-balance sheet deposit offerings. The selected colleague will contribute to the strategic vision of transaction banking, ensuring a market-leading product that meets success criteria.

The TL;DR
• Role: Full Time
• Type: Hybrid
• Location: Hybrid, New York, NY & Los Angeles, CA
• Pay: $109000–$168000 yearly
• Team: Part of the Liquidity Solutions Team, reporting to the Head of the Liquidity Product Management Transaction Banking of Americas (TBA).
• Mission: Develop and manage strategic goals for Transaction Banking Liquidity Products, with a primary focus on the virtual account management product to align with MUFG’s on-balance sheet deposit options.
• Tech Stack: Power BI, Excel, PowerPoint, Confluence

What You’ll Actually Do
• Product Development: Lead the end-to-end product management and development of a new virtual account management product.
• Client Support: Provide day-to-day assistance to client delivery teams with onboarding and inquiries related to system configuration for customer setup and user maintenance.
• Performance Monitoring: Produce and monitor monthly reports of key performance indicators to manage P&L revenue targets and identify emerging balance and revenue trends.
• Global Coordination: Collaborate closely with the Transaction Banking Division (TBD) in Tokyo and other regional teams to support the regional management of liquidity products and deposit portfolios.
• Risk Management: Actively participate in periodic product risk assessments and procedure reviews, proactively identifying and addressing risk issues.

The Must-Haves
• Background: Bachelor’s degree with 6+ years’ experience in product management, operations, service, or business analysis role within the wholesale/transaction banking market.
• Experience: 6+ years in product management or related roles, involving all phases of product and project management, including working with vendors, technology, and SMEs.
• Skills: Strong data gathering, analysis, and interpretation; ability to prepare and deliver executive-level presentations; technical working knowledge of industry cash management standard payment file formats; solid judgment and negotiation skills.
• Bonus: Knowledge of delivering Transaction Banking services to Asian corporate clients.