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 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.

Job Summary

We're seeking an Associate to join 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 & Experience

• Bachelor's degree in Finance, Accounting, Business or Economics (CFA or MBA is a plus).
• 3+ years of experience at a financial institution (analyzing corporate clients' risk and credit profiles), accounting firm or rating agency
• Ideally you will have experience in the following sectors:
• Insurance companies including property casualty companies and life insurance with preferred experience in life insurance and side car credit terms negotiation
• Asset Managers and funds, asset-based lending (ABL) across multiple asset classes
• Counterparty credit risk management and administration of derivative limits
• Solid experience in analyzing financial institution credits and conducting due diligence on such corporations.
• Ability to build complex financial models to assess the customers' repayment ability.
• Experience in analyzing/supporting investment banking products including asset-based lending (securitization, leasing), NAV lending and structured insurance solutions, and understanding of structure risks inherent in such finance
• Experience in underwriting M&A finance, and ability in conducting merger and valuation analysis.
• Strong written, verbal and interpersonal communication skills.
• The ability to manage multiple priorities.

Compensation & Benefits

The typical base pay range for this role is between $125k - $155k depending on level, job-related knowledge, skills, experience, and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation.

Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays.

For more information on our Total Rewards package, please click the link below.

MUFG Benefits Summary

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.