Commercial Loan Operations – Vice President

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 120,000 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.

The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.

Role Description

As a Vice President within the Commercial Loan Operations team, you will be in a senior role reporting to the Director of Agency Operations or the Director of Member Operations. The Vice President will have responsibilities ranging from production oversight, to process improvement/project and initiative work. The group as a whole has day-to-day operational responsibilities across the portfolio of syndicated credit facilities where MUFG acts as Administrative Agent, Bilateral Lender, or Participant/Member to a syndicated transaction; this is a fast-paced, client facing role in which you will interact directly with Borrowers/Lenders/Agent Banks, senior internal/external stakeholders, legal counsel, etc. on complex, multi-faceted transactions which are often time sensitive in nature.

Responsibilities

• Drive the streamlining and optimization of loan settlement and servicing, including an in-depth evaluation of loan procedures and industry standards to address and resolve challenges

• Act as key stakeholder in large-scale Commercial Loan initiatives (e.g.: Loan IQ migration; OCR/RPA initiatives, etc.), able to effectively communicate and drive change from pre-planning through implementation with various change management & technology groups

• Establish and monitor implementation of appropriate procedures and solutions to mitigate risk and control losses

• Partner with internal change stakeholders across Operations and Technology to create/enhance the efficiency of workflows, dashboards, and reporting

• Ensure strict adherence to Service Level Agreements and accounting policies

Functional Skills

• Loan IQ knowledge as a user, Operations Manager, or Business Owner is required, preferably including active participation in design/migration/implementation/upgrade initiatives

• Extensive background in managing all aspects of commercial loan servicing

• Expertise managing and reviewing loan documentation (Credit Agreements, Engagement Letters, Fee Letters, etc.)

• In-depth knowledge of:

  • Accounting principles and practices related to syndicated lending

  • Risk types, policies, control measures and processes

  • Applicable laws, rules, regulations governing the space

  • Business processes, systems and tools used in the loan market

  • Operational risk that exists throughout the lifecycle of a syndicated loan

  • Systems used to manage the Syndicated lending business: ACBS, Loan IQ, AFS, ClearPar, Syndtrak, Intralinks, Debt Domain, Versana etc.

  • Market initiatives to streamline and automate settlement and servicing, including API integration with industry standard platforms, FpML, Blockchain, DLT, OCR, Robotics/Automation

• Advanced analytical skills applicable to streamlining operational processes and improving productivity and efficiency

• Prior industry association or working group involvement (e.g. LSTA, LMA) a plus

Foundational Skills

• Excellent organizational and communication skills, with the ability to influence change cross-functionally

• Anticipates changing business needs, adjusts priorities accordingly, and allocates necessary resources and budget to achieve objectives

• Equips the business to become an effective competitor in a highly dynamic landscape

• Considers stakeholder needs and input as well as best practices and insights from industry trends when making strategic decisions

• Is flexible, decisive, and serves as a trusted advisor to senior leaders within the org