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MUFG Union Bank Credit Risk, Vice President - Hybrid 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.

This is a hybrid position. There are flexible work from home options available. A member of our recruitment team will discuss the options with you in more detail.

Job Summary

Credit Officer responsible for providing credit recommendations on new transactions and managing a portfolio of client and transactions.. Individual will recommend, monitor and manage transactions and the credit exposure in their portfolio and develop exposure management programs when appropriate. Individuals at this level are knowledgeable of the day-to-day activities associated with managing credit risk but will require input on more complex issues.

Responsibilities

The individual will be responsible for credit exposures to a portfolio of borrowers (including traditional asset based obligors) covered by the Financial Institutions and Global Markets Team. They will make recommendations on credit requests based on analysis of relevant credit metrics of a transaction depending on whether recourse or non-recourse including due diligence on sponsors/managers. The candidate is expected to identify the potential credit deterioration of individual transactions/counterparties in their portfolio and maintain timely and accurate risk ratings. Staying current on changes and potential changes in the sector and regulatory developments is an important element. Additional responsibilities will include presentations to senior executives and discussions with internal auditors.

Deal Support

  • Work with business lines/product groups to identify prospective transactions

  • Identify structural risks and mitigates in prospective transactions and recommend/enhance structuring of deals and covenant in line with policies and procedures.

Policy Compliance

  • Ensure compliance with external regulatory/internal policy and procedural requirements

  • Participate in ad-hoc policy meetings to enhance organization wide credit risk framework

Experience/Skills

  • 7-10 years of work experience in credit or risk related functions.

  • Coverage of Financial Institutions/Hedge Funds not required, though .

  • Knowledge and experience in assessing complex financing transactions across a range of collateral types, including structuring, sponsor/manager due diligence / and documentation terms is a strong plus.

  • Strong written and verbal communications skills

  • In depth knowledge of general corporate credit analysis, credit and risk management

  • Ability to build complex financial modeling to assess the customer’s repayment ability.

  • Minimum of 2 years’ experience in analyzing/supporting investment banking products including asset based lending (securitization, leasing), trade finance and understanding of structure risks inherent in such finance.

  • In depth knowledge of loan documentation and structural risks in corporate finance.

  • Minimum of 3 years’ experience in global relationship management at major money center banks.

  • Understanding regulatory environment both in Japan (FSA, BOJ) and the U.S. (FRB, FDIC). CIB Staff provide administrative support to BTMUS Registered Representative

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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.

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