MUFG Union Bank Jobs

Mobile mufg Logo

Job Information

MUFG Union Bank Asset Based Finance (ABF), Credit Analyst, Analyst in New York, New York

Asset Based Finance (ABF), Credit Analyst, Analyst - 10041947-WD

Description

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.

Asset Based Finance Group (ABF)

MUFG Union Bank, N.A.’s (MUB) ABF group is one of the essential go-to-market products for MUB in North America. It is an important financing tool for supporting clients’ needs. Housed within Global Corporate and Investment Banking, ABF reports to the Head of Investment Banking. The ABF group delivers full services-based capabilities to MUB’s clients including origination, underwriting and portfolio management, syndication and agency qualification. The ABF team is active across a range of client business sectors.

Overall Purpose of Job:

MUFG Union Bank, N.A.’s (MUB) ABF group is one of the essential go-to-market products for MUB in North America. It is an important financing tool for supporting clients’ needs. Housed within Global Corporate and Investment Banking, ABF reports to the Head of Investment Banking. The ABF group delivers full services-based capabilities to MUB’s clients including origination, underwriting and portfolio management, syndication and agency qualification. The ABF team is active across a range of client business sectors.

Job Summary / Major Responsibilities:

  • Monitoring borrower financial performance and preparing approval memos to evidence that review.

  • Evaluating monthly collateral information to insure that adequate collateral is available to cover outstanding obligations.

  • Recommending and implementing the appropriate course of action when borrower financial performance or collateral adequacy becomes an issue.

  • Performing the necessary due diligence to provide timely responses to requests for additional credit.

  • Insuring that the bank’s collateral is regularly appraised, field exams are conducted to evaluate the quality of the collateral and underlying collateral controls, and that adjustments are made if any issues arise from those appraisals or exams.

  • Insuring that the internal and regulatory risk ratings for borrowers remain accurate, and recommending adjustments when a material change in the credit profile has become evident.

  • Closely monitoring troubled credits and participating in internal meetings to review performance and exposure strategy.

  • Contributing to the bank’s revenue growth goals by working closely with coverage RMs, product partners, and ABF origination staff to enhance MUFG’s importance to the borrower either through cross sell efforts or pitch to lead presentations.

  • Periodic discussions with Agents, if necessary, to get borrower updates, amend & extend requests, and amendments.

You will work with senior staff to coordinate loan proposals and loan underwriting, including complex scenarios with high profile clients.

You will also assist with the preparation for various internal and external examinations and audits and all compliance and operational aspects of the business.

Qualifications

Qualifications

  • You have at least 1 year of relevant corporate financial analysis experience; with specific experience in asset based lending a plus.

  • You have earned a Bachelor’s degree or possess the equivalent; Completion of an MBA is a plus.

  • You are a corporate finance professional with a credit and analytical background. Some background with loan documentation is a plus.

  • It is helpful if you have completed a formal credit-training program at either a money center, large national, or super regional bank.

  • You possess strong written, verbal and interpersonal communication skills.

  • Strong financial modeling and analytical skills a requirement.

  • Proficient in MS Word, Excel, and PowerPoint.

  • Excellent analytic and quantitative skills.

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 : Credit

Primary Location : NEW YORK-New York

Job Posting : Mar 23, 2021, 2:15:41 PM

Shift: : Day

Schedule: : Full Time

Req ID: 10041947-WD

DirectEmployers