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MUFG Union Bank Leveraged Finance - Credit Monitoring, Associate/AVP 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.

Job Summary:

This is an exciting new opportunity at the bank. The individual will be part of the team responsible for a portfolio of companies in the leveraged finance area. They will be responsible for maintaining a comprehensive knowledge of the companies in their portfolio and staying current on industry and regulatory developments. The candidate is expected to monitor and report on a portfolio of middle market and large corporate leveraged loans highlighting issues, performance metrics, credit risks, exposure concentrations and updating assigned risk ratings, on a timely basis. Strong modelling skills and written and verbal communications skills are critical.

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.

Quarterly reporting:

  • Prepare quarterly credit reviews including written assessment and financial analysis.

  • Update financial projection models as necessary to reflect current view of credit trajectory.

Deal Support:

  • 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.

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.

Qualifications

  • 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.

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