Job Summary:MUFG is seeking an Analyst to join the Portfolio Management Group (PMG) within the Sponsor, Growth & Middle Market (SGMM) Healthcare vertical. This role is primarily supporting the evaluation, underwriting and management of direct loans and other credit exposures to private equity owned non-investment grade borrowers ranging in size from middle market to large corporate.
Analysts will also provide support for the Originations (Financial Sponsor coverage), Syndications, Monitoring/Portfolio Management and Sponsor portfolio company Relationship Management functions by assignment within the business unit.
The Analyst will be a corporate finance professional, supporting the Sponsor, Growth & Middle Market Healthcare team and related credit analysis efforts for healthcare borrowers. Critical functions include assessing risk factors associated with each credit and determining the appropriate risk ratings based on established policies and guidelines. Responsibilities will include active credit management and portfolio monitoring for potential upgrades, downgrades or general credit deterioration with the goal of maximizing the bank's net income while minimizing credit costs.
Responsibilities: - Support the credit analysis and management of Sponsor/Direct Lending opportunities within the Healthcare industry vertical
- Support the preparation of detailed credit analyses and required credit applications in accordance with internal policies and regulatory guidance, including the evaluation of company-specific, industry, and regulatory risks (including healthcare reimbursement and regulatory risks); and company historical operating performance, projected operating performance and capital structure.
- Assist senior underwriters in the due diligence of leveraged buyouts ("LBO"), merger and acquisition ("M&A"), and other financing opportunities.
- Construct detailed financial models (base and downside cases) to project go-forward business performance, credit statistics, and debt repayment capacity of new and existing clients.
- Assist senior underwriters with detailed credit application memo write-ups that include transaction overviews, credit structures, company profiles, industry analyses, risks and mitigants, historical operating performance, projections, enterprise valuation analyses and other regulatory requirements in accordance with internal policies.
- Provide support for the syndication strategy, including lender presentations and liaison with participant lenders, including banks and private credit firms
- Responsible for the coordination and communication of account information across various constituencies throughout the organization.
- Healthcare coverage responsibilities including the need to understand current relevant industry conditions in assigned portfolio utilizing internal and external sources.
- Oversight of facility closing procedures including both operations and documentation.
Advanced Client Solutions:- Work within deal team environment (with Relationship/Industry Coverage, Credit, Capital Markets, and Syndications) supporting the development and analysis of financing structures/strategies, including leveraged capital markets and other product areas.
- Support credit analysis for structured credit transactions (derivatives transactions, margin lending, receivable securitizations, supply chain finance).
- Understand and maintain knowledge of healthcare sub-sectors represented in portfolio, including technical aspects and regulatory issues.
- Participate in client and bank meetings as necessary.
Policy and Transaction Responsibilities:- 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, CFA candidacy is a plus.
- Work experience in financial institutions or equivalent credit risk related function analyzing corporate customers
- Knowledge of accounting and corporate finance
- Strong written, verbal, and interpersonal skills
- Strong financial modeling skills
- Technologically savvy and proficient in Microsoft Office (Excel, PowerPoint, Word)
- Able to work independently and in teams under pressure, and collaborate with groups across the organization
- Interest in or familiarity with the healthcare sector (e.g., providers, services, pharma/life sciences) is a plus
Compensation & Benefits:The typical base pay range for this role is between $110k-$120k depending on 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.
