MUFG Credit Risk Professional / Analyst 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 6th largest financial group in the world. Across the globe, we’re 160,000 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.
This is a hybrid position. The selected colleague will work at an MUFG office an average of two to three days per week with the remainder worked remotely.
Responsible for the in-depth knowledge of particular industries and all current events utilizing internal and external sources.
Responsible for the management of a segment of an industry vertical or primarily investment grade general commercial loan portfolio.
Prepared detailed credit analyses and required credit application according to policy including evaluation of loan purpose and structure, repayment sources, corporate, regulatory and industry risk, liquidity, asset protection, historical and projected operating performance and capital structure.
Responsible for proactive coordination with execution team and Loan Transaction Unit for proper booking of newly assigned accounts.
Continuously identify opportunities to enhance Credit Risk reporting and processes.
Train, guide and motivate junior staff to promote timely production of reports and effective performance.
Assist in management and control of credit applications.
Facilitate the approval process for credit actions and loan sales.
Coordinate the Self-Assessment process to establish the loan loss reserves.
Maintain and monitor compliance reporting requirements.
5-8 years' experience of banking or financial services.
Extensive portfolio management experience and ability to handle refinancing of existing loans.
Sound knowledge of finance, accounting, legal/documentation, and administration
Excellent communication and networking skills.
Proficient in Word, Excel, PowerPoint, Access.
Strong administrative skills, knowledge of loan administration and accounting procedures.
Good knowledge of FED and FSA requirements regarding write-off and reserves on problem loans.
Excellent analytic and quantitative skills.
CIB Staff provide administrative support to BTMUS Registered Representative
The typical base pay range for this role is between $95,000- $115,000 depending on job-related knowledge, skills, experience and location. 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.
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.
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
Listen Up. Speak Up.
Innovate & Simplify
Own & Execute