GCIB - Portfolio Management, Power & Utilities- Vice President

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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 Description Summary

Responsible for the implementation of the credit risk management function, providing recommendations to the firmwide Credit Committee. Incumbents monitor and manage the credit exposure within portfolios and individual transactions, continually review counterparty credit-worthiness, and develop credit exposure methodologies in conjunction with risk analytic systems. Incumbent at this level is fully knowledgeable on the day-to-day activities of a product or process however will require input on more complex issues. This individual may have oversight of a small team of junior staff to ensure all daily responsibilities are completed. Individual at this level has some understanding of the firm's different businesses and the related economics.

Job Summary:

We're seeking a Credit Vice President who will be part of our growing corporate Power & Utilities Portfolio Management team. You will focus on underwriting and portfolio management in the Power & Utilities vertical lending business for investment grade & non-investment grade, leverage finance, and sponsor-based clients .

As a Vice President, you will be responsible for active credit management of a designated portfolio utilizing solid credit and analytical skills, providing continuous oversight of portfolio names, monitoring for potential risk and regulatory rating changes and proactively identifying credit deterioration with the goal of maximizing net income and reducing credit costs.

Responsibilities:

• Evaluate prospects and analyze structure of complex financing transactions for new and existing clients within the Power & Utilities vertical
• Underwrite new bank debt transactions according to established policies and guidelines for non-investment grade clients and prospects
• Manage a portfolio of corporate clients, including periodic reviews and communication of account information across various constituencies throughout the organization
• Prepare cash flow projections to assess the debt repayment capacity of borrowers
• Review loan documentation and facilitate the closing of transactions
• Coordinate the deal process with credit partners in CDA (Credit Division of the Americas), relationship managers in GRM (Global Relationship Management), and various product partners
• Train and guide the junior members of the team

Active portfolio management of designated customers:

• Responsible for the management of a portfolio in the Power & Utilities vertical, including regulated electric and gas utilities, independent power producers, project developers and renewable energy holdings companies
• Perform due diligence and regularly scheduled reviews
• Analyze credit risk of the designated portfolio, determine accurate ratings and make recommendations of accurate and timely ratings to management
• Prepare detailed credit analysis and credit applications in accordance with Policy, Credit Rules for Overseas Offices and company's Procedure Manual, evaluating the borrower’s industry/business/legal/financial risks and recommending extensions of credit to management
• Coordinate and communicate critical account information independently and directly to various related parties throughout the bank, business line, product groups and credit divisions
• Maintain direct communication with assigned customers

Deal Support:

• Work with business lines/product groups to identify prospective transactions
• Identify structural risks and mitigate in prospective transactions and recommend/enhance structuring of deals and covenant in line with policies and procedures
• Advise account officers on credit risk issues/terms and conditions to create a best possible d