MUFG Union Bank Associate - Credit Analysis, Financial Institutions Team in London, United Kingdom
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Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.
OVERVIEW OF THE DEPARTMENT/SECTION
The Credit Analysis team is the Bank’s first line of defence sitting alongside GCIB bankers to promote an optimal risk / return on the banks’ lending opportunities.
Credit analysis is a 40+ team organised into 5 sector teams. Each credit analyst is responsible for managing risk exposure across an EMEA wide portfolio. Analysts work with Front Office teams on live transactions & risk monitoring to identify and mitigate risks associated with the structure, documentation, counterparty, industry and macroeconomics.
Expanding Non-Bank Financial Institutions (NBFI) Strategy now provides opportunity for a candidate with more experience and a broader skillset as the Bank develops its franchise with sophisticated clients with more complex products/transactions.
MAIN PURPOSE OF THE ROLE
We are looking for an ambitious NBFI credit analyst to cover a varied portfolio of Insurance Companies across developed economies. Additionally, experience of asset managers and sponsors would also be highly beneficial, to assist with the build out of the NBFI strategy; in this area, the role can include an active part in the development of more complex products in conjunction with other product teams.
The credit analyst will perform forward looking fundamental credit calls on live transactions, limit renewals and annual reviews; working side by side with relationship bankers and product partners.
MUFG EMEA’s NBFI strategy will drive deeper client relationships amongst Insurance, Sponsors and Asset Managers via delivery of 5 key products (Securitised products, Secured finance, FX, Rates, Credit); the credit analyst will support these transactions.
Quickly assess key credit issues, raise salient points to the correct stakeholders and to assess the risk- reward trade off.
Clear and concise presentation of key risks/ mitigants in both verbal and written format.
Ability to multi-task and manage ever-changing and often conflicting priorities
Ability to work with a high level of motivation and initiative.
Work diligently to develop technical skills and industry knowledge related to the role.
Ensure accurate and timely compliance with internal rules and reporting procedures.
As directed support the development of junior staff members assigned to the team.
Extensive experience in fundamental Insurance / NBFI analysis gained in either a bank, asset manager or rating agency environment.
There should be an emphasis on credit analysis in the context of a transaction or event, or a strong motivation to move into a more transaction driven environment.
SKILLS AND EXPERIENCE
Functional / Technical Competencies:
Experience of covering Insurance in EMEA. Experience of Financial Sponsors would also be beneficial.
A good understanding of loan documentation and key credit protections.
Understanding of market risk and ISDA/CSA documents would be preferred / beneficial.
European or Japanese language skills desirable (but not essential) and ability to work across regions with locally based GCIB bankers.
Education / Qualifications:
- Degree level and professional qualifications desirable. Either completed or working towards CFA, ACCA, ACA, ACT or similar qualifications would be highly beneficial. There is scope for MUFG to sponsor such professional qualification.
A proactive, motivated approach.
The ability to operate with urgency and prioritise work accordingly
Strong decision making skills, the ability to demonstrate sound judgement
A structured and logical approach to work
Strong problem solving skills
The ability to manage large workloads and tight deadlines
Excellent attention to detail and accuracy
Strong numerical skills
We are open to considering flexible working requests in line with organisational requirements.
MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.
We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.
At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!
Our Culture Principles
Listen Up. Speak Up.
Innovate & Simplify
Own & Execute