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MUFG Union Bank Credit Risk Associate- Associate Vice President- Hybrid- 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 5th largest financial group in the world. Across the globe, we’re 180,000 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.

Job Summary:

Support Credit Administration for the Wholesale Bank (CDA). Manage/support credit coverage with moderate oversight from the Senior Credit Officers for clients in the Financial Institutions sector.

Major Responsibilities:

  • Support the credit management for clients within the Financial Institutions customer portfolio.

  • Perform due diligence and regularly scheduled evaluations of existing customers and potential clients.

  • Preparation of detailed credit analyses and credit application requests, including evaluation of corporate, regulatory and industry risk, historical operating performance, projected operating performance and capital structure.

  • Responsible for the coordination and communication of account information across various constituencies throughout the organization.

  • Responsible for developing a solid understanding of assigned industry sectors and customer segments as well as tracking of current events in assigned portfolio utilizing internal and external sources.

  • Oversight of covenant compliance database and facility closing due diligence, including documentation, as well as coordination of transaction closing process.

  • Attend customer and bank meetings when appropriate.

  • Special projects as assigned.

  • Advanced Credit/Underwriting Solutions:

  • Prescreen proposed transactions to identify critical structural issues and risks, balancing institutional policy with business objectives with guidance from Senior Credit Officers.

  • Assist on structured credit transactions (including Financial Solution opportunities, securitizations, supply chain finance and leasing transactions) with guidance from Senior Credit Officers.

  • Policy and Deal Advocacy:

  • Assist Senior Credit Officers in internal policy development by participating in committees, project teams, or transaction discussions.

  • With guidance from Senior Credit Officers, communicate with Relationship Managers and Portfolio Managers to resolve issues to ensure transaction requests are acceptable and within the risk appetite of the firm.

  • Evaluate and establish/confirm appropriate ratings for transactions and advise on appropriate exposure level in the context of guidelines for transaction and group level exposure.

  • Ensure compliance with internal policy and regulatory requirements.

Qualifications :

The right candidate will have:

  • Bachelor's degree in Business, or related major, with work towards a higher degree (MBA) or certification (such as CFA) is preferred.

  • Minimum of 3 years of work experience within a financial institution (analyzing corporate client's risk and credit profiles), accounting firm or rating agency required.

  • Prior focus on Financial Institutions sector is desirable.

  • Strong financial assessment and analytical skills are required; financial modeling experience is desirable.

  • Completion of formal credit-training program at a money center bank is a plus.

  • Proficiency in Microsoft Excel, Word, and PowerPoint.

  • Verbal and written communication skills appropriate for a professional environment.

  • Ability to work independently and under pressure.

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 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.

Some MUFG roles require that individuals be fully vaccinated against COVID-19, subject to exemptions for medical or religious reasons, as well as any other reason required by applicable law or order. Should you be selected for an interview, your recruiter will provide additional information.