Associate - Credit Underwriting and Portfolio Management - Financial Institutions Group (FIG)

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. 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.

Job Summary:

We're seeking a Credit Risk Associate who will be part of our growing Portfolio Management Group. You will conduct credit analysis and recommendation for financial institution credits across the spectrum of FIG portfolio:

• Banks / Business Development Companies / Asset Managers / Insurance companies (Life & Health insurance and Property & Casualty companies)

• Structured financial solutions

• Asset based lending including Fund and NAV lending

You will prepare and evaluate credit proposals and make recommendations to management on credit approval. You’ll be also monitoring the client financial, industry and credit trends regularly.

Responsibilities:

• Perform due diligence on new transactions as well as regularly scheduled evaluation of the existing loan portfolio.

• Coordinate and communicate account information across various constituencies throughout the organization.

• Responsible for knowledge of particular industries and all current events in assigned portfolio utilizing internal and external sources.

• Oversee covenants compliance database and facility closing due diligence, including documentation.

• Attend client meetings.

• Participate in special projects as assigned.

Advanced Credit/Underwriting Solutions:

• Work within a deal team environment (with Global Relationship Managers, Credit Administration, Sponsor Coverage, and Capital Markets) to support the development and analysis of financing structures/strategies.

• Prescreen proposed transactions to identify critical structural issues and risks, balancing institutional policy with business development needs.

• Support credit analysis for structured credit transactions (derivatives transactions, receivable securitizations).

• Understand and maintain knowledge of industries represented in portfolio, including technical aspects and regulatory issues.

• Conduct site visits and participate in client and bank meetings.

Policy and Deal Advocacy:

• Support the communication with the credit approval division 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.

Skills and Experience:

Ideally you would have:

• Bachelor’s degree in Finance, Accounting, Business or Economics (CFA or MBA is a plus).

• 3+ years experience within a financial institution (analyzing corporate clients' risk and credit profiles), accounting firm or rating agency.

• Experience in Financial Institutions credit analysis and financial markets

• Knowledge of credit and risk principles and legal and compliance regulations pertinent to lending.

• Strong financial spreading/modeling and analytical skills.

• Experience in analyzing corporate credit and financing transactions.

• Completed a formal credit-training program at a money center bank (preferred)

• Strong written, verbal and interpersonal skills.

• Proficiency in Microsoft Office (Word, Excel, PowerPoint).

Compensation and Benefits:

The typical base pay range for this role is between $135k - $155k depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain dis