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MUFG Credit Risk Administration for Japanese Corporate Banking in NYC 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 7th largest financial group in the world. Across the globe, we’re 120,000 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.

The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.

Job Summary :

JCB Portfolio Management Admin supports credit analysts in preparation of credit application / borrower rating application, utilizing knowledge in accounting / credit process / banking products. Manage credit data for approx. 120 credit accounts. Play a key role in any data governance issues at Bank’s various systems / reporting. Produce several credit-related reports essential for portfolio management at JCB.

Major responsibilities :

  • Manage customers’ financial information & database, 2. Originate credit applications / borrower rating applications:

  • Manage and validate various database related to financial information of approx. 120 JCB customers in the systems (e.g., G-CARS, Optimist, CDL, Project Coalition) using solid understanding of accounting and the Bank’s credit related policy / procedures.

  • Determine a specific scoring model based on borrower characteristics / industries, and run credit scoring models, including scenario analyses.

  • Originate credit applications / borrower rating applications in G-CARS; validate terms / conditions and assure data quality using the understanding of banking products.

  • For brand new market lines, apply for counterparty codes and initiate the booking instruction.

  • Portfolio management:

  • Manage parent company borrower rating information, routinely monitoring changes in parent ratings using the Bank’s systems / reporting. Request and obtain the parent company borrower rating information from Head Office and update the US systems in a timely manner.

  • Produce and in charge of some credit related reports (e.g., due date monitoring, special transactions)

  • Data management:

  • Proactively manage the credit related information and play a key role in data governance activities in various Bank’s systems.

  • Address any inconsistency in data quality and coordinate remediation efforts in cooperation with middle and back offices

  • Other:

  • Depending on your experience / knowledge / aspiration etc., special assignment (in credit related / portfolio management field) may be assigned after discussion with your manager.

QUALIFICATIONS:

  • Accounting knowledge (e.g., US GAAP, IFRS) required

  • Min. 2 years of working experience in large financial institutions or corporations

  • Excellent administrative skills / Strong organizational and interpersonal skills

  • Experience in data management and / or detail oriented

  • Technical Skills: Microsoft Office (Excel / Word)

  • Bilingual Japanese / English preferred

  • Bachelor’s degree (or professional certificate) in accounting / finance / business

  • Working experience in credit administrative function, completion of formal credit training, or understanding of credit approval process, is a plus

The typical base pay range for this role is between $81K - $102K depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.

MUFG Benefits Summary (https://careers.mufgamericas.com/sites/default/files/document/2023-01/mb-live-well-work-well.pdf)

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 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 on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local 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

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