MUFG Credit Vice President, PMG - Healthcare Banking 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 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 or client sites up to four days per week and work remotely the remaining day(s). A member of our Talent Acquisition team will provide more details.
Overall Purpose of Job :
GCIB Credit Risk Manager for the Healthcare Industry Vertical -- The Credit Risk Manager in the Portfolio Management Group (PMG) is responsible for the implementation of the credit risk management function within GCIB (Global Corporate & Investment Bank) and more specifically the Healthcare Industry Vertical.
Active portfolio management of designated customers
Responsible for the management of a portfolio as a senior analyst
Perform due diligence and regularly scheduled reviews
Analyze credit risk of the designated portfolio, determine accurate ratings and make recommendations of accurate and timely ratings to management
Prepare detailed credit analysis and credit applications in accordance with GCP, Credit Rules for Overseas Offices and company's Procedure Manual, evaluating the borrower’s industry/business/legal/financial risks and recommending extensions of credit to management
Coordinate and communicate critical account information independently and directly to various related parties throughout the bank, business line, product groups and credit divisions
Maintain direct communication with assigned customers
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
Advises account officers on credit risk issues/terms and conditions to create a best possible deal with a goal of maximizing profit and minimizing credit cost
Directly and independently communicate with credit division and ensure it is provided with all related information/analysis pertinent to making a decision with little support from management
Ensure compliance with external regulatory/internal policy and procedural requirements
Participate in ad-hoc policy meetings to enhance organization wide credit risk framework
Support and mentor junior analysts in credit risk management process
Train and support junior analysts on OJT basis as assigned by MD or VP/Team Leader
Guide junior analysis in completing complex assignments
Study, develop and enhance analytical skills of the team through close communication
Evaluates prospects and analyzes structure of complex financing transactions for new and existing clients in the Healthcare industry vertical
Underwrites new bank debt transactions according to established policies and guidelines for non-investment grade clients and prospects
Manages a portfolio of corporate clients, including periodic reviews and communication of account information across various constituencies throughout the organization
Prepares cash flow projections to assess the debt repayment capacity of borrowers
Reviews loan documentation and facilitates the closing of transactions
Coordinates the deal process with credit partners in CDA (Credit Division of the Americas), relationship managers in GRM (Global Relationship Management), and various product partners
Trains and guides the junior members of the team.
Bachelor’s degree, a CFA is an asset, an MBA and/or degree in Finance, Accounting, or Economics preferred but not required. CFA designation is a plus
5-7 years of corporate lending experience, Healthcare experience preferred
Strong credit skills and extensive modeling skills
Knowledge of standard bank products including loans, letters of credit, derivatives, foreign exchange, securitization and leasing
Strong written, verbal and interpersonal skills
The ability to manage multiple priorities
Effective communication skills and ability to work with senior credit officers, business partners, and clients.
Completion of formal credit training program is a decisive asset
The typical base pay range for this role is between $140K - $170K 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/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