MUFG Credit Risk Professional, Associate - Japanese/English Bilingual 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 recruiter will provide additional details.
Perform due diligence and regularly scheduled credit reviews.
Analyze credit risk of the designated portfolio, determine accurate ratings and make recommendations of accurate and timely ratings to management; Designated customers for associates and above will be more complicated ones than those assigned to junior portfolio managers (i.e. analyst), such as lower graded customers, customers with large credit exposure, customers with structured finance transactions, and customers with complex corporate structure. (Associate)
Prepare detailed credit analysis and credit applications in accordance with Bank’s credit policies and procedures, 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..
Function as a subject matter expert (SME) with regard to particular industries and industry subsectors.
Fully understand and be able to assess risk of standard bank products including loans, standby letter of credit, trade finance, foreign exchange, derivatives, and securitization.
Interview the borrower’s senior management to assess their business/financial risks/challenges.
Coordinate and communicate critical account information to various related parties throughout the bank.
Oversee covenants compliance, facility due date, condition/instruction/report required, and call memos.
Maintain direct communication with assigned customers, if needed by RM (relationship manager).
Responsible for coordinating and communicating account information to external regulators, OCC, FRB, JFSA, BOJ, and SNIC.
Perform other risk related functions as needed.
Work with business lines/product groups to identify prospective transactions.
Identify structural risks and mitigants in prospective transactions and recommend/enhance structuring of deals and covenant in line with policies and procedures. (Associate)
Advise account officers on credit risk issues, terms and conditions to craft the best possible deal with a goal of improving profit and minimizing credit cost. (Associate)
Communicate with credit division/administration with regard to rating rationale, facility structuring/exposures and ensure credit division provided with all credit related information and analysis pertinent to making a decision.
Ensure compliance with external regulatory requirements (JFSA, BOJ, FRB, OCC and FDIC).
Ensure compliance with internal policy and procedures by understanding and adhering to Americas Credit Policy (ACP), Americas Credit-Related Procedures (ACRP), Credit Rules, Procedures for Credit Ratings, JCB Operating Manual, and any other applicable pronouncements.
Support Dept. Manager and Team Leaders in credit risk management process.
Support junior analysts on OJT basis as assigned by Manager or Team Leader. (Associate)
Study, develop and improve analytical skills of the team through close communication with related divisions, such as Americas Credit Review (ACR), Corporate Banking Credit (CDA), Credit Policy Office and other Credit Divisions with support from Team Leader or Manager.
Study, development and improvement of credit risk management procedures applicable to JCB in collaboration with related divisions. (Associate)
Maintain and monitor compliance reporting requirements.
Ability to multi-task and work under high stress (when required) and time-sensitive work environment
Strong time management, organization and administrative skills and ability to manage multiple projects
Strong attention to details for accuracy and integrity
Proficient in MS Office including Outlook, Word, Excel and PowerPoint. Knowledge in banking applications is a plus.
Sound knowledge in finance, accounting, legal, regulations for commercial banking products
Bachelor degree in a related field such as accounting, finance.
MBA/ CFA preferred (Associate)
3-8 years working experience in large financial institutions or equivalent for three to five years in credit and risk related function analyzing general corporate customers and making credit recommendations.
Previous experiences including handling a segment of an industry vertical or a primarily investment grade commercial loan portfolio and coordinating with execution team for proper booking of newly assigned accounts.
Japanese language skills
Demonstrate innovative and strategic thinking
The typical base pay range for this role is between $90,000 - $110,000 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.
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/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