MUFG Union Bank Credit Review Examiner - Assistant Vice President in Charlotte, North Carolina
Credit Review Examiner - Assistant Vice President - 10044926-WD
Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world (as ranked by S&P Global, April 2020). In the Americas, we’re 13,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, developing positive relationships built on integrity and respect. It’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. We’re a team that accepts responsibility for the future by asking the tough questions and owning the solutions. Join MUFG and be empowered to make your voice heard and your actions count.
Americas Credit Review (ACR) is a key department within MUFG’s third line of defense (TLOD). Our mission is to provide executive management and the Board of Directors an independent view of asset quality and credit risk management practices across businesses and functions that originate or manage credit exposure. The team is comprised of risk management professionals with deep credit analysis, product knowledge, and transaction skills across wholesale and investment banking, capital markets, commercial, and consumer banking domains.
The Credit Review Examiner - Assistant Vice President position is a key contributor role on a high performing team that provides TLOD coverage of credit risk in the United States, Canada, Brazil and Mexico. The role provides the incumbent with diverse exposure to a variety of portfolios and products that involves regular engagement and collaboration with stakeholders of various seniority levels from across the bank. As such, the position has an outsized influence on helping the organization maintain its strong credit risk management practices, safety and soundness. The position can be located in either of MUFG’s Phoenix, AZ, Charlotte, NC, or Dallas, TX offices.
Credit Review Examiners are responsible for continuously monitoring and periodically examining Business Units’ asset quality, credit risk management practices, and controls effectiveness. This includes evaluating the adequacy of a unit’s credit risk governance framework such as risk appetite, credit policies and procedures, and risk reports; the depth, accuracy and timeliness of credit analyses, risk ratings and regulatory classifications for individual credits; adherence to policies, procedures and underwriting guidelines; and the quality of ongoing surveillance and problem loan management activities. Examiners report findings and recommendations to ACR and Business Unit stakeholders and, for defects requiring formal action, monitor the adequacy and sustainability of management’s remediation progress. From time-to-time Credit Review Examiners also contribute on thematic topical examinations, special projects, or department enhancement initiatives in furtherance of ACR’s mission.
Participate in periodic credit examinations that evaluate Business Units’ asset quality and the design and operating effectiveness of credit risk management practices and controls.
Conduct sample testing of individual credits for adherence to risk appetite and approval requirements, the quality of repayment sources and transaction structure, the accuracy of risk ratings and regulatory classifications, and the adequacy of Business Unit credit analysis and other documentation.
Perform continuous monitoring of assigned portfolio(s), including analyzing portfolio data, underwriting and financial trends, payment performance, and monitoring relevant market, industry and regulatory developments to identify emerging risks or negative trends.
Develop collaborative working relationships with Business Unit stakeholders to monitor portfolio, policy and other developments, including the unit’s progress in remediating credit risk management defects.
Keep ACR management informed of material credit risk developments in assigned portfolio(s).
Collaborate with ACR team members to promote knowledge sharing, exchanges of best practices, and foster a positive and enriching work environment consistent with MUFG’s values.
Participate in special projects as needed.
A BA or BS degree preferred plus significant lending/examination experiences.
5 plus years of experience in commercial, consumer or investment banking or other credit-related field.
Strong credit / financial statement analysis skills, proven understanding of business and financial markets and the effects of economic conditions on a Bank's risk assets.
Broad knowledge of corporate finance concepts and theories, industry credit practices, current financial and regulatory environments, and risk management techniques.
Ability to analyze portfolio trends at a macro level, identify leading/lagging indicators or other signs of changing risk levels and/or symptoms of process control breakdowns.
Effective communication skills, both oral and written, and a high degree of professional maturity appropriate for interactions with Business Unit management as a representative of the ACR department.
Strong attention to detail, a dedication to quality, and enthusiasm for learning. Eagerness to remain current on Bank, market, and industry developments to keep skills current and sharp.
Willingness to travel 0-10% if needed.
Prior lending, credit risk management, credit review, regulatory supervision, or similar experience in one (1) or more of the following areas:
Asset based lending and structured products such as corporate leasing, project finance, supply chain finance, energy lending (e.g., O&G, commodity finance, power & utilities), or securitization warehousing.
Commercial Real Estate lending, including permanent and construction financing products and structures, commercial appraisal and risk management techniques, and US regulatory expectations.
Wholesale or Commercial lending, ranging from small businesses through middle market and large corporates, either generalized C&I or specialty niches such as leveraged lending, sponsor finance, TMT, healthcare, financial institutions, entertainment finance, or distressed debt management.
Retail / Consumer Credit products and related risk management techniques, including residential appraisal techniques, credit scoring methodologies, default management practices, personal financial statement and tax return analyses, and familiarity with US regulatory expectations.
Allowance for Credit Losses methodologies, practices and regulatory expectations, such as modeling techniques, qualitative adjustments, governance frameworks, and documentation.
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 / Affirmative Action 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 in employment decisions on the basis of any protected category.
A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it's the bank's policy to only inquire into a candidate's criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.
Job : Risk
Primary Location : NORTH CAROLINA-Charlotte
Other Locations : ARIZONA-Tempe
Job Posting : Jul 13, 2021, 8:37:52 AM
Shift: : Day
Schedule: : Full Time
Req ID: 10044926-WD