MUFG Union Bank Credit / Fixed Income Portfolio Associate in New York, New York
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 :
Credit Portfolio Management (CPM) is a global function responsible for actively managing MUFG’s Corporate & Investment Bank’s loan portfolio including (1) monitoring the credit quality and efficiency of the loan portfolio, (2) developing and executing hedging and loan sales strategies to protect/optimize the bank’s capital using real-market information, market research and traditional fundamental credit analysis. Primary responsibilities for a Credit Analyst include leading credit coverage for select industry sectors, recommending hedging and/or loan sale strategies, preparing research materials and helping develop the team’s overall credit risk management strategy.
Major Responsibilities include:
Develop expertise in select industry segments, including preparing regular industry updates/reports
Prepare an investment thesis for companies in their respective sectors and communicate views to CPM traders and other constituencies within MUFG including Credit Risk Management
Perform fundamental credit; build and maintain quarterly financial projection models; perform comparable company analysis; valuation and recovery analysis; capital structure analysis; and loan credit agreement & bond indenture review
Analyze company-specific news and events, establish appropriate valuations and compare with asset valuations in marketplace to determine appropriate hedging opportunities
Monitor loans, bonds and CDS trading levels for relative value analysis and to develop hedging recommendations
Attend investor conferences and other events to develop industry and company specific expertise
Maintain dialogue with investor relations, rating agency and sell-side analysts to develop investment perspectives
Monitor the credit quality and trends of MUFG’s Corporate Loan Portfolio by using publicly available information such as reported financial performance and industry data
Prepare in-depth analysis and weekly updates including helping to manage the Hotlist as part of the Bank’s Early Warning credit process
Perform portfolio analysis on the MUFG Corporate Loan Portfolio and participate in miscellaneous ad-hoc projects to help improve Banks risk/return profile
2 years of experience in Credit Analysis, Loan Syndicated Market and portfolio analysis
2 years trading experience in investment grade and high yield loans, bonds, CDS and other fixed income products
2 years of banking experience in Risk Management, Front or Middle Office functions with in-depth knowledge of marketable credit products preferred.
Solid understanding of the capital markets and mark-to-market driven performance preferred
Understanding of Relationship Banking and related products preferred
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 committed to leveraging the diverse backgrounds, perspectives and experiences of our workforce to create opportunities for our people and our business. Equal Opportunity Employer Minority/Female/Disability/Veterans.
Primary Location: NEW YORK-New York
Schedule Full Time
Req ID: 10040297-WD