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MUFG Union Bank Vice President Credit Manager in London, United Kingdom

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. Across the globe, we’re 180,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

Overview of CIB Credit for EMEA (“CIB Credit”) :

Virtual credit office, a combination of Credit Office for EMEA and Structured Finance Credit Office for EMEA under single leadership, responsible for corporate banking credit for non-Japanese corporates, non-Japanese FIs, and non-Japanese Sovereigns (collectively Global Corporates), and structured finance.

Overview of Credit Office for EMEA (“ECrO”):

ECrO is a 2nd Line of Defence (“2LoD”) function responsible for corporate banking credit for non-Japanese corporates, non-Japanese FIs, and non- Japanese Sovereigns (collectively Global Corporates).

Its major functions are outlined as follows:

  • Assessment and management of credit risks and related risks

  • Assessment and management of country risks

  • Management of problematic assets

  • Monitoring, reporting and early action

  • Portfolio analysis and managementOverview of Structured Finance Credit Office (“SFCO”)SFCO (formally known as Investment Banking Credit Division) is a 2LoD function responsible for analysing, approving, sanctioning and monitoring the credit quality of structured finance transactions, including;

  • Project Finance

  • Structured Trade Finance

  • Aircraft Finance

  • Asset-backed Finance (inc. Securitisation)SFCO is a global department, office being located in Tokyo, New York, Los Angeles, Singapore and London. London office (SFCO (EMEA)) is responsible for the EMEA region and we work closely to ensure global consistency in credit approvals.

Number of Direct Reports


Main Purpose of the Role

  • To support Group Heads to direct the continuous development of CIB Credit for EMEA’s credit risk framework, risk appetite portfolio monitoring and early warning frameworks in line with shareholders, client and regulatory expectations.

  • To support Group Heads to lead, manage, guide and develop a group of credit professionals responsible for corporate credit (including leveraged finance), and structured finance credit of certain allocated sectors.

  • To support Group Heads to exercise delegated credit approval authority and/or make recommendations to senior management on transaction specific files as well as continuously and actively monitoring the portfolio in line with internal policies and applicable regulatory guidelines.

Key Responsibilities

  • Conduct credit analysis of certain allocated sectors/products including drafting of credit papers, application of rating methodology, preparation of comparative statistics, graphs and tables under the guidance of senior management.

  • Monitor/review existing portfolio transactions and make recommendations in terms of credit and rating decisions.

  • Work on ad-hoc projects, as instructed by Group Head or senior management, to setup/adjust the risk criteria/policy and to improve the quality of portfolio.

  • Follow the trend, market, and developments in certain allocated sectors/products, EMEA countries, players and financial/legal structures and share those with the team.

  • Support the development of more junior colleagues in the team and share technical knowledge of certain allocated sectors/products.

  • As required, prepare reports for Tokyo Head Office and European Headquarters as well as creating credit committee materials.

  • To comply with all regulatory and compliance procedures.

  • Responsible for meeting internal policy requirements.

Work Experience


  • Strong experience working in financial institutions credit division covering Corporate and/or structured finance area

  • Strong experience in corporate banking and/or structured finance front line


  • Sufficient experience in alternative area if an applicant being single-experienced for either corporate or structured finance.

  • Good experience in investment banking in credit or front office

Skills and Experience

Functional / Technical Competencies:


  • Sufficient credit assessment and credit risk management skills

  • Adequate relevant industry experience with a deep area of credit specialism

  • In depth knowledge of credit and risk principles, products, derivatives and management

  • Sufficient experience in dealing with regulatory audits associated to credit

  • Strong interpersonal skills with ability and experience to communicate to both senior management and junior members of staff.

Education / Qualifications:


  • Bachelor DegreePreferred:

  • Masters Degree or equivalent

Personal Requirements

  • Excellent communication skills

  • Results driven, with a strong sense of accountability

  • A proactive, motivated approach

  • The ability to operate with urgency and prioritize work accordingly

  • Strong decision making skills, the ability to demonstrate sound judgement

  • A structured and logical approach to work

  • Strong problem solving skills

  • A creative and innovative approach to work

  • Excellent interpersonal skills

  • The ability to manage large workloads and tight deadlines

  • Excellent attention to detail and accuracy

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

  • Client Centric

  • People Focused

  • Listen Up. Speak Up.

  • Innovate & Simplify

  • Own & Execute