Portfolio Management Group - Credit Risk Professional - Associate

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 150,000 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.

Support Portfolio Management in the handling of credit coverage for corporate clients in our Power & Utilities vertical, which includes regulated electric and gas utilities, independent power producers, project developers and renewable energy holdings companies.

The Associate will be a corporate finance professional, supporting investment grade & non-investment grade, leverage finance, and sponsor-based clients across the Power & Utilities vertical lending business. The position involves the critical functions of assessing risk factors associated with a credit and determining the appropriate rating based on established policies and guidelines. Responsibilities will include supporting the active credit management of a designated portfolio utilizing solid credit and analytical skills. Provide continuous oversight of portfolio names, monitoring for potential upgrading, downgrading & credit deterioration with the goal of maximizing net income and reducing credit costs.

Responsibilities:  

• Support the management of the Power & Utilities industry vertical corporate loan portfolio
• Perform due diligence and regularly scheduled evaluation of loan portfolio
• Support preparation of detailed credit analyses and required credit application according to policy, including evaluation of corporate, regulatory and industry risk, historical operating performance, projected operating performance and capital structure
• Modeling skills required for both credit application process and quarterly credit watch presentations
• Responsible for the coordination and communication of account information across various constituencies throughout the organization
• Responsible for knowledge of country/risk factors on a macro level
• Responsible for knowledge of the Power & Utilities industry and all current events in assigned portfolio utilizing internal and external sources
• Oversight of covenants compliance database and facility closing due diligence, including documentation
• Attend Relationship Manager customer meetings, when appropriate
• Special projects, as assigned

Advanced Credit/Underwriting Solutions:

• Work within deal team environment (with Global Relationship Management, Syndications & MUFG Securities) supporting Senior Portfolio Managers (PMs) in the development and analysis of financing structures/strategies to support/identify capital markets and corporate liability management opportunities
• Prescreen proposed transactions to identify critical structural issues and risks, balancing institutional policy with business development needs
• Understand and maintain base industry knowledge of industries represented in portfolio, including technical aspects, regulatory issues and unique credit product activity
• Participate in client and bank meetings as necessary

Policy and Deal Advocacy:

• Supporting the Senior PM, communicate and negotiate with credit division for transaction approval, 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

Requirements:

• A Bachelor degree, with an MBA, CPA, or CFA Level 1, 2 or 3 is preferred
• A minimum of 3 years of experience in a related role
• Understanding of the power and utility sector, ESG trends or other related work experience is preferred
• Solid credit & analytical background
• Strong financial spreading/modeling skills
• Completion of formal credit-training program at a money center bank i