Vice President - Asset Based Lending Underwriting

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.

The Team - Asset-Based Finance Group (ABF Group):

MUFG’s ABF Group is one of the essential go-to-market products for MUFG in North America and an important financing tool for supporting clients’ needs. Housed within Global Commercial & Investment Banking, ABF reports to the Head of Investment Banking. The ABF group delivers full service-based capabilities to MUFG’s clients including origination, underwriting, portfolio management, collateral monitoring, syndication and agency services. The ABF team is active across a wide range of client business sectors. The ABF Group looks to create a challenging, motivating and rewarding working environment for the Group’s staff and operating partners, supporting and furthering the careers of all of the Group’s employees according to their skills

Job Summary: 

The role will primarily focus on ABF’s structuring and underwriting efforts and marketing support with some client interaction as well as involvement in the syndication process.  In coordination with Relationship Managers and other product providers, the Associate will underwrite and syndicate ABF transactions for companies across various industries.  The Vice President will focus on borrower analysis including assessing risk factors associated with the borrower’s credit and collateral, determine appropriate rating based on established policies and guidelines, and be responsible for creating and submitting credit packages through internal systems. Reports to ABF Underwriting Manager.

Responsibilities:

Structuring, Underwriting & Execution

• In conjunction with the ABF Origination team, evaluate customer information to determine optimal financing structure and security package

• Act as the ABF Underwriting deal team lead on transactions requiring multiple underwriters

• Perform financial due diligence coordinating with deal team, third parties and borrowers

• Perform collateral due diligence, including review and analysis of collateral reports

• Prepare detailed financial models and stress tests, analyze companies' future performance, debt capacity and collateral position

• Manage internal transaction approval process: draft approval memoranda, submit credit packages through internal systems, present to management and credit committee, interact with credit officers

• Work with Senior Staff to draft and negotiate terms and covenants for commitment letters and credit agreements

• Coordinate with Syndication team:  draft offering memoranda and presentation for investors, organize bank meetings, answer investor due diligence questions

• Lead deal closing process including coordinating with legal counsel to ensure all necessary legal diligence is conducted and loan documents are prepared reflecting the bank’s credit approval and terms and conditions

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

Support and mentor junior analysts in credit risk management process

• Train and support junior staff on assigned transactions

• Guide junior staff in completing complex assignments

• Study, develop and enhance analytical skills of the team through close communication

Qualifications and Experience:

• 7+ years of relevant financial experience; specifically in Asset-Based Lending preferred

• Bachelor’s degree or equivalent; MBA a plus

• Corporate finance professional with solid credit and analytical background

• Co