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MUFG Union Bank Credit Risk Associate - Project Finance in Los Angeles, California

Description 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. Job Summary: Reporting to the Credit Risk Manager, the Credit Risk Associate is responsible for credit risk underwriting/management for new and existing project finance transactions, and to lesser extent corporate transactions, in the renewable energy, thermal power, natural resource, and infrastructure sectors in North and South America. Discuss prospective transactions with deal teams and provide feedback on credit and structuring issues. Provide recommendations to credit approvers, and monitor/manage credit exposure within portfolios and individual accounts. The ideal candidate will have solid experience performing independent credit analysis – preferably including analysis of project financing transactions – but will work with senior officers on more complex issues . Major Responsibilities: (1) Credit recommendations to management + Evaluate credit proposals and business screening memos and make written credit recommendations to management. + Identify structural risks and mitigants in prospective transactions and recommend/enhance structuring of deals and covenants in line with policies and procedures. + Maintain strong two-way dialogue with deal teams and portfolio management on credit risk issues/terms and conditions with a goal of balancing business opportunity with prudent risk taking. + Communicate with other credit divisions to obtain necessary information/comments to support making a credit decision. + Provide support to senior officers in the evaluation and credit recommendation on more complex deals. (2) Active portfolio monitoring of designated customers + Responsible for monitoring and ongoing credit review of individual exposures through regular/ad-hoc credit review process. + Evaluate credit review applications within a designated portfolio, determine accurate ratings and make recommendations to management. Monitor lower-rated and problem loans on a more frequent basis. + Conduct site visits and due diligence and attend bank/customer meetings as required. + Coordinate and communicate critical account information independently and directly to various related parties throughout the bank, business line, product groups and credit divisions. + Engage in special projects including preparing monitoring reports, deal comparison tables, policy/guideline reviews, etc. (3) Policy Compliance + Ensure compliance with external regulatory/internal policy and procedural requirements. Qualifications Requirements: + Strong analytical skills, written and verbal communication skills, and time-management and organizational skills. + Good knowledge of credit and risk principles, as well as relevant financial products. + Previous working experience in financial institutions and/or rating agencies, preferably 3 years in credit and/or risk-related function, and/or 3 years of project finance experience. + Demonstrated experience/knowledge covering relevant industry sectors and finance including financial/cashflow analysis. Join us as we evolve our organization to become more agile, innovative and inclusive! The above statements are intended to describe the general nature and level of the 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: Credit Primary Location: CALIFORNIA-Los Angeles Other Locations: NEW YORK-New York Schedule Full Time Shift Day Req ID: 10041669-WD