Associate/Assistant Vice President - Credit Underwriting and Portfolio Management – Financial Institutions Group (FIG)

Job summary

The associate will conduct credit analysis and recommendations for financial institution credits while managing a portfolio of banks, asset managers, and insurance companies. They will perform due diligence on new transactions, monitor covenant compliance, and coordinate with internal teams to support financing structures.

Job details

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. Job Summary: This is an 18 months long contract. 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). The job description and related application pertains to an opportunity with either MUFG Bank, Ltd., Canada Branch (“MUFG Bank Canada”) or MUFG Securities (Canada), Ltd. (“MUFG Securities Canada”). The job description relates to the general nature, scope, quantity and quality of work contemplated for the position. Other duties and responsibilities not specifically described may be assigned from time to time, consistent with knowledge, skills and abilities of the incumbent. The receipt of an application by either MUFG Bank Canada or MUFG Securities Canada, as applicable, does not imply or guarantee employment. Each of MUFG Bank Canada and MUFG Securities Canada is an equal opportunity employer. • As a federally regulated entity, MUFG Bank Canada is required to comply with applicable laws which prohibit discrimination based on protected grounds and which require accommodation to individuals in accordance with the requirements outlined in the Canadian Human Rights Act and the Canada Labour Code. Where MUFG Bank Canada obtains information relating to protected grounds under the Canadian Human Rights Act as part of the application process, it does so to monitor and otherwise evaluate its own compliance with such legislation and associated regulatory requirements; MUFG Bank Canada does not use such information for decision making purposes relating to the position contemplated in this application. • As a provincially regulated entity, MUFG Securities Canada is required to comply with applicable laws which prohibit discrimination based on protected grounds and which require accommodation to individuals in accordance with the requirements outlined in the Human Rights Code (Ontario) and the Employment Standards Act (Ontario). Where MUFG Securities Canada obtains information relating to protected grounds under the Human Rights Code (Ontario) as part of the application process, it does so to monitor and otherwise evaluate its own compliance with such legislation and associated regulatory requirements; MUFG Securities Canada does not use such information for decision making purposes relating to the position contemplated in this application.

What you’ll do

The associate will conduct credit analysis and recommendations for financial institution credits while managing a portfolio of banks, asset managers, and insurance companies. They will perform due diligence on new transactions, monitor covenant compliance, and coordinate with internal teams to support financing structures.

Requirements

Candidates must have a bachelor's degree in Finance, Accounting, Business, or Economics and at least 3 years of experience in credit analysis. Strong financial modeling skills and knowledge of credit risk principles are required, with a preference for those who have completed a formal credit-training program.

Listed skills

• Regulatory Compliance · Preferred
• Documentation · Preferred
• Microsoft Office · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Credit analysis
• Portfolio management
• Financial modeling
• Risk assessment
• Due diligence
• Financial spreading
• Credit underwriting
• Regulatory compliance
• Structured finance
• Asset based lending
• Documentation
• Relationship management
• Microsoft Office
• Financial markets
• Credit risk principles
• Credit Risk
• Credit Underwriting
• Advocacy
• Analytical Skills
• Microsoft Word
• Microsoft Excel
• Accounts Receivable
• Accounting
• Asset-Based Lending
• Financial Institution
• Business Development
• Management
• Investments
• Capital Markets
• Chartered Financial Analyst
• Decision Making
• Communication
• Bond Credit Rating
• Credit Analysis
• Due Diligence
• Economics
• Finance
• Financial Services
• Financial Market
• Innovation
• Interpersonal Communications
• Legislation
• Loans
• Portfolio Management
• Microsoft PowerPoint
• Regulatory Requirements
• Covenants
• Securities (Finance)
• Master Of Business Administration (MBA)
• Derivatives

Job areas

• Finance & Accounting
• Management & Leadership
• Consulting
• Assistant Vice President/Portfolio Manager
• Insurance Underwriter (General)
• Insurance Representatives
• Insurance Underwriters

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