Assistant Vice President, Asset Services

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 their 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. You will be empowered to make a tangible impact on the business by ensuring seamless processing of corporate actions and income events, while collaborating closely with colleagues across continents. With a strong commitment to nurturing talent and fostering long-term growth, MUFG offers an inclusive environment where your expertise will be valued and your professional development supported. If you are looking for a role that combines technical challenge, cross-team collaboration, and the chance to contribute to the success of one of the world’s leading financial institutions, this could be your next career move.

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.

What sets this company apart:

MUFG stands out as one of the world’s most trusted financial institutions—a reputation built on centuries-old values of integrity, responsibility, fairness, and transparency. With its headquarters in Tokyo but a truly global reach spanning more than 50 countries and employing over 150,000 people worldwide, MUFG offers employees access to an extraordinary breadth of resources while maintaining a culture rooted in respect for individuals. The organisation is committed not just to commercial success but also to serving society at large—fostering sustainable growth that benefits clients, communities, and employees alike. At MUFG you’ll find an environment where diversity is celebrated; where learning opportunities abound; where supportive leadership encourages personal development; where flexible working arrangements are available; where ethical conduct is non-negotiable; where every voice matters regardless of background or tenure; where long-term careers are nurtured rather than short-term gains prioritised. Joining MUFG means becoming part of something bigger: a network dedicated not only to financial excellence but also shared prosperity—for today’s generation as well as tomorrow’s.

What's next:

If you’re ready to take your career forward within one of the world’s most respected financial groups—and make a real difference every day—this is your moment!

Apply today by clicking on the link provided—your next rewarding challenge awaits at MUFG.