MUFG Union Bank VP Credit Manager (Fund Finance) in London, United Kingdom
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FIG Credit as part of Credit Risk Management operates as a fully integrated function within the EMEA region for MUFG Bank and MUFG Securities (EMEA). FIG credit as part of the Credit Risk Management function assess and manages credit and related risks for a range of FI and non-bank FI clients.
The Credit Manager evaluates the FI’s ability and willingness to meet its contractual obligations, monitor and exercise control over their own portfolio and take proactive actions when necessary whilst exercising the appropriate oversight irrespective of which legal entity those risks are booked. This is a crucial hire within the FI Credit Team and the role requires a high calibre individual who can take on a high level of responsibility with minimum supervision and has the capability to progress within the organisation.
NUMBER OF DIRECT REPORTS
- Not applicable
MAIN PURPOSE OF THE ROLE
To analyse and recommend credit risk from the Fund Finance business. Given transactions’ characteristics, it is required a positive and proactive cooperation, discussion and assistance to different business areas, operating functions and senior executives in EMEA and Internationally.
Monitor and exercise control over own portfolio of clients and take proactive actions when necessary
Exercise appropriate oversight of the assigned client, irrespective of which legal entity those risks are booked
Collaborate across the wider FIG Credit as well as EMEA Risk Management function and relevant global functions in MUBK and MUS
Reviewing transaction material and front office analysis, challenging assumptions and conclusions if necessary.
Assessment and recommendation of appropriate rating in a timely manner
Maintenance of EMEA portfolio across MUBK and MUS within areas of responsibility
Contribute to development and implementation of credit strategy for FIG sector including assessing and setting risk appetite, underwriting criteria and limits
Management of own workload efficiently while not sacrificing quality
Compliance with all regulatory requirements as well as internal policy and procedure
5-10 years financial sector experience as a Fund / FI credit analyst in a credit/risk management department
Strong knowledge of corporate finance, capital markets, traded products and credit / market risk principles.
- Structured credit experience.
SKILLS AND EXPERIENCE
- Competence in analysing Funds and Fund Finance transactions.
- Product and sector knowledge of the wider FI and structured credit space
Education / Qualifications:
- Bachelor Degree or equivalent (Essential)
- Relevant industry accreditation (Beneficial)
Excellent written and verbal communication skills
Sophisticated analysis skills and the ability to implement stable and effective solutions.
Results driven, with a strong sense of accountability
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
Excellent interpersonal skills
The ability to manage large workloads and tight deadlines
Excellent attention to detail and accuracy
A calm approach, with the ability to perform well under pressure.
Strong numerical skills
PERFORMANCE AND DUTIES
The role holder will be assessed in accordance with their employing entity’s performance framework and process with relevant input obtained from the dual hatting entity as relevant.
As duties and responsibilities change, the job description will be reviewed and emended in consultation with the role holder. The role holder will carry out other duties as are within the scope, spirit and purpose of the role as requested by their line manager or Department Head.
MANAGING CONFLICTS OF INTEREST
The role holder will have responsibilities for both MUFG Bank and MUFG Securities EMEA plc.
The role holder will be required to perform their duties and responsibilities on an entity neutral basis, without favour.
The role holder is required to follow regulatory requirements applicable to ensure each business is appropriately supported and to maintain the legal entity integrity of each of MUFG Bank and MUS.
Working terms are dictated by functional mandates, the terms of the Dual-Hat Arrangement Agreement in place between MUFG Bank and MUFG Securities EMEA plc and any other relevant agreements entered into between MUFG Bank and MUFG Securities EMEA plc.
The role holder will have responsibility for identifying and resolving where there may be a difference or conflict in needs between MUFG Bank and MUFG Securities EMEA plc, escalating to their manager where required.
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!
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