MUFG Union Bank PMG Analyst (Portfolio Management Group) 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 (as ranked by S&P Global, April 2020).In the Americas, we’re 13,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, developing positive relationships built on integrity and respect. It’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. We’re a team that accepts responsibility for the future by asking the tough questions and owning the solutions. Join MUFG and be empowered to make your voice heard and your actions count.
Analyst - Portfolio Management Group
Overall Purpose of Job:
Support Portfolio Management Group and handle credit coverage for non-investment corporate, mid-corporate clients, and global subsidiary banking.
The Analyst will be a corporate finance professional, supporting non-investment grade and global subsidiary banking coverage across an industry vertical lending business. Critical function of assessing risk factors associated with a credit and determining appropriate rating based on established policies and guidelines. Responsibilities will include supporting the active credit management of a designated portfolio utilizing solid credit and analytical skills, and providing continuous oversight of portfolio names, monitoring for potential upgrading, down-grading and credit deterioration with the goal of maximizing net income and reducing credit costs.
Support the management of a segment of an industry vertical commercial loan portfolio
Perform due diligence and regularly scheduled evaluation of loan portfolio for which they support
Support preparation of detailed credit analyses and required credit application according to policy, including evaluation of corporate, regulatory and industry risk, historical operating performance, projected operating performance and capital structure
Modeling skills required for both credit application process and quarterly credit watch presentations
Responsible for the coordination and communication of account information across various constituencies throughout the organization
Responsible for knowledge of country/risk factors on a macro level
Responsible for knowledge of particular industries and all current events in assigned portfolio utilizing internal and external sources
Oversight of covenants compliance database and facility closing due diligence, including documentation
Attend Relationship Manager customer meetings when appropriate.
Special projects as assigned
Advanced Credit/Underwriting Solutions:
Work within deal team environment (with GRM, Syndications & Mitsubishi UFJ Securities) supporting Senior PM’s in the development and analysis of financing structures/strategies to support/identify M&A and Corporate re-capitalization opportunities
Prescreen proposed transactions to identify critical structural issues and risks, balancing institutional policy with business development needs
Work on structured credit transactions (including Financial Solution opportunities, securitizations, specialized leasing transactions, and up-tier proposals)
Understand and maintain base industry knowledge of industries represented in portfolio, including technical aspects, regulatory issues and unique credit product activity
Participate in client and bank meetings as necessary
Policy and Deal Advocacy:
Supporting the Senior Portfolio Manager, communicate and negotiate with credit division for transaction approval, including final hold level strategies to ensure alignment of risk strategy and policy
Evaluate and establish appropriate ratings for transactions and correlate appropriate exposure level with regard to exposure on both a transaction and group level
Ensure compliance with policy and regulatory requirements (i.e. ACR, AOA, FSA, OCC and FRB)
A Bachelor’s degree; a CFA Level 1, 2 or 3 is a decisive asset
A minimum of 1 year of experience in a related role
Solid credit and analytical background, formal financial services credit training is a plus
Strong financial spreading/modeling skills
Completion of formal credit-training program at a money center bank is preferred
Strong written, verbal and interpersonal skills
Proficient computer skills in Microsoft Word, Excel, and Access
Able to work independently and under pressure
The above statements are intended to describe the general nature and level of the 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 in employment decisions on the basis of any protected category.
A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it is the bank’s policy to only inquire into a candidate’s criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.
Primary Location: NEW YORK-New York
Schedule Full Time
Req ID: 10040633-WD