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Investment Banking Credit Division, Associate
Mitsubishi UFJ Financial Group
New York, NY, United States
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Description
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world with total assets of over $2.4 trillion (as ranked by SNL Financial, April 2016) and 140,000 colleagues in nearly 50 countries. In the U.S., we’re 13,000 strong, working together to positively impact every customer, organization, and community we serve. We achieve this by delivering on our values, putting people first, fostering long-term relationships built on honesty and mutual understanding, and inspiring the best in each other. This is all part of our inclusive, high-performing culture supported by Total Rewards that include our cash balance pension plan. Join a team that’s working to fulfill its vision to be the world’s most trusted financial group.
Major Responsibilities:
Responsible for the implementation of the credit risk underwriting/management function for Structured Finance and Asset Securitization, providing recommendations to the credit authority. Incumbents monitor and manage the credit exposure within portfolios and individual transactions, continually review counterparty creditworthiness. Candidate at this level is fully knowledgeable on the day-to-day activities of a product or process however will require senior input on more complex issues.
Credit recommendations to management
• Evaluate credit proposals and business screening memos and make written credit recommendations to management
• Identify structural risks and mitigates in prospective transactions and recommend/enhance structuring of deals and covenants in line with policies and procedures
• Advise account officers on credit risk issues/terms and conditions to create a best possible deal with a goal of maximizing profit and minimizing credit cost
• Directly and independently communicate with other credit divisions to obtain necessary information/comments to support making a credit decision
• Provide support to senior officers in the evaluation and credit recommendation on more complex deals
Active portfolio monitoring of designated customers
• Responsible for the monitoring and ongoing credit review of individual accounts through regular/ad-hoc credit review process
• Evaluate credit review applications of the designated portfolio, determine accurate ratings and make recommendations of accurate and timely ratings to management
• Conduct site visits and due diligence and attend bank/customer meetings as required
• Coordinate and communicate critical account information independently and directly to various related parties throughout the bank, business line, product groups and credit divisions
• Engage in special projects including preparing comparative corporate metrics reports, deal comparison tables, etc.
Policy Compliance
• Ensure compliance with external regulatory/internal policy and procedural requirements
Qualifications
• Good knowledge of all elements of credit and risk principles
• Previous extensive working experience in financial institutions, preferably 5 years in credit and risk related function with some experience or equivalent
• 3 or more years of Structured Finance or Asset Securitization experience/knowledge
• Good knowledge of legal and compliance regulations pertinent to lending
• Strong knowledge covering accounting rules, regulation and finance including cashflow analysis
• Good time-management/organizational and writing skills
The above statements are intended to describe the general nature and level of the 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.
We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category.