MUFG Union Bank Leveraged Finance - Credit Monitoring, Associate Vice President in New York, New York
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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.
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
Essential Duties and Responsibilities:
Active portfolio management of designated customers:
Responsible for the management of a loan portfolio of leveraged finance credits.
Monitor assigned credits; stay current on company and industry issues; complete regularly scheduled reviews and determine accurate ratings.
Coordinate and communicate critical account information independently and directly to various related parties including the Business Line, product groups and credit divisions.
Participate in special assignments and projects as required.
Prepare quarterly credit reviews including written assessment and financial analysis.
Update financial projection models as necessary to reflect current view of credit trajectory.
Work with the Business Line on amendments and incremental credit requests to identify and mitigate structural and other risks.
Advise the Business Line on credit risk issues/terms and conditions to create the best possible. transaction, focusing on the risk/return dynamic and on minimizing potential credit costs.
Ensure compliance with external regulatory/internal policy and procedural requirements.
Participate in ad-hoc policy meetings to enhance organization wide credit risk framework.
Bachelor’s Degree required.
4+ years of experience in a financial institution in a credit underwriting or credit risk function.
Knowledge of leveraged finance credit analysis, credit underwriting, modeling and credit risk management.
In depth knowledge of loan structures, loan documentation and analyzing corporate credits.
Experienced in underwriting and/or monitoring large corporate and middle market leveraged loans.
Strong financial modeling and analytical skills.
Understanding of the issues related to the regulatory environment (FRB, OCC, FDIC).
Good computer skills with Microsoft Word, Excel and PowerPoint.
Good verbal and written communications skills.
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.