MUFG Union Bank Associate, UK, Ireland & Nordic Coverage (General Industries Sector) in United States
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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.
Overview of the Department/Section:
Global Corporate & Investment Banking (GCIB) is made up of Corporate Finance, Structured Finance and Capital Markets teams who provide advice and services to companies and institutions worldwide. The London office is the regional headquarters for the EMEA region. The Coverage team is responsible for managing, marketing and monitoring the bank’s relationships with corporate clients.
The UKIN team is responsible for directly managing customer relationships with UK, Irish and Nordic corporates across all sectors, including marketing the bank’s products and monitoring risk.
The General Industries sector team has oversight and responsibility for corporate accounts across the UK and Ireland, with some select Swiss accounts, within the following sub-sectors: Capital Goods, Transportation, Materials, and Service sectors. The team is responsible for origination, marketing and monitoring of our portfolio of clients across MUFG’s product suite and international network.
Number of direct reports:
Main purpose of the role:
This position is to provide support to enable effective business promotion and management of client relationship and prospects in the UKIN General Industries team.
The responsibilities involve, but are not limited to, the following:
To provide transaction and marketing support in connection with the delivery of corporate and investment banking products to meet pre-identified and new customer needs
Preparing pitch books, account plans, briefing notes, deal screening submissions, business rationales for credit applications and internal reports; with responsibility of ensuring highest level of quality content.
Maintain and manage external relationships independently (where appropriate)
Preparing call reports and pursuing the meeting follow-ups
The role involves regular interaction with product offices, risk and compliance departments.
Liaising and negotiating loan documentation with clients, in coordination with and guidance from the relationship managers;
Actively liaising with local and regional teams to relay, drive and follow-up on opportunities for the UKIN General Industries client base in MUFG’s international network
Supporting various local and regional teams across the global MUFG network related to approvals, support memos and supporting general business opportunities for the General Industries client base
To lead the preparation and submission of credit applications from a business promotion point of view including for all linked processes including liquidity applications, compliance documentation/ KYC, and overall quality control.
To diligently update client records on the bank systems and liaise with middle and back office to ensure this is done
From time to time, the Associate may be asked by UKIN management to work on initiatives relevant to the UKIN Corporate coverage business where appropriate
To assist in the management of General Industries management information reports and general projects as they arise as directed by management
To develop a strong understanding of the General Industries sector and to share knowledge with interested colleagues to identify opportunities.
- Knowledgeable in banking products and/or experience of an RM support role
Knowledge of/enthusiasm for General Industries sub-sectors useful
Some evidence of deal/transaction experience useful
Skills and experience:
Functional / Technical Competencies:
Must be numerate
Good written and spoken English essential
Excellent relationship building and communication skills
Excellent Microsoft Office skills (Excel, Powerpoint, Word)
Understanding of credit/risk assessment
Understanding of relevant product areas (loans, bonds, derivatives, working capital solutions, cash management)
Some knowledge of ITI companies and sectors
Fluency in English language essential
Education / Qualifications:
- Degree level (BSc/BA) or equivalent
- Relevant professional qualification
Excellent communication skills
Results driven, with a strong sense of accountability
A proactive, motivated approach
The ability to operate with urgency and prioritises work accordingly
A structured, organised and logical approach to work
The ability to manage large workloads and tight deadlines
Attention to detail and accuracy
We are open to considering flexible working requests in line with organisational requirements.
MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.
We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the 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