Associate - Credit Underwriting and Portfolio Management - Financial Institutions Group (FIG)

MUFG Bank, Ltd. • $125K — $155K *

New York, NY 10025In-Person

Finance & Insurance

Less than 5 years of experience

Today

Be an Early Applicant

By clicking Apply, I agree with Ladders' Terms of Use and Privacy Policy

Job Overview by Ladders

Qualifications

Bachelor's degree in Finance, Accounting, Business or Economics (CFA or MBA is a plus).
3+ years of experience analyzing corporate clients' risk and credit profiles at a financial institution, accounting firm, or rating agency.
Experience in insurance companies, especially life insurance, and asset managers with a focus on asset-based lending.
Solid experience in credit analysis for financial institutions and conducting due diligence.
Strong skills in developing complex financial models for assessing repayment capacity.

Responsibilities

Conduct due diligence on new transactions and evaluate the existing loan portfolio.
Communicate account information effectively across different teams.
Monitor industry trends and developments related to assigned portfolio.
Manage covenants compliance database and due diligence for facility closings.
Attend client meetings and participate in special projects as needed.
Collaborate with deal teams to analyze financing strategies and structures.

Benefits

Comprehensive health and wellness benefits.
Retirement plans and educational assistance.
Income replacement for qualified employees with disabilities.
Paid parental bonding leave and vacation days.
Flexible sick days and paid holidays.

Full Job Description

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.

About MUFG Bank, Ltd.

MUFG Bank, Ltd. Careers

There has never been a better time to join the global team at MUFG Bank, Ltd., a premier institution recognized for its leadership in the financial sector. MUFG Bank, Ltd. offers a plethora of job opportunities that cater to a variety of skills and interests, all while fostering professional growth and innovation.

Work You’ll Do

Join MUFG Bank, Ltd.'s distinguished team to assist some of the most sophisticated clients in navigating their financial landscapes. At MUFG Bank, Ltd., team members lead from a unique position in the marketplace, at the crossroads of financial expertise, industry knowledge, and digital innovation. Engage with a global team of business and financial advisors to help clients master their economic strategies and challenges. Collaborate with the largest group of finance professionals in the industry – a network that spans across continents offering unmatched opportunities for networking and professional development.

Introducing the MUFG Bank, Ltd. Business Advisory

The team is dedicated to building a leading Advisory group to guide some of the most renowned companies through their financial strategies using innovative solutions.

Do Innovative Work

Be part of a team that delivers targeted financial solutions through a depth and breadth of consulting experience and innovation that’s second to none.

Be Part of a Great Team

Work on a wide range of financial technologies and harness the unparalleled capabilities, global scale, and joint solution development that only MUFG Bank, Ltd. can offer.

Future-Proof Your Career

Advance your career as far as your ambition can take you with limitless opportunities supported by unmatched training, development, and certification support.

Explore

Discover how MUFG Bank, Ltd. is leading the way in financial innovation with cutting-edge projects like blockchain for secure transactions and AI for risk assessment.

The MUFG Bank, Ltd. Alliance

The combined service capabilities, global scale, and joint solution development enable clients to overcome challenges and lead transformation in their industries. Clients worldwide turn to MUFG Bank, Ltd. for new strategies and financial solutions to drive growth and success in the digital era.

Stay Connected

Join the Team

Search open positions that match your skills and interests. MUFG Bank, Ltd. seeks passionate, curious, creative, and solution-driven team players.

SEARCH MUFG JOBS

Keep Up to Date

Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the professionals who work at MUFG Bank, Ltd.

READ CAREERS BLOG

Job Alert Emails

Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Explore the exciting and rewarding opportunities that await at MUFG Bank, Ltd.

Learn more about MUFG Bank, Ltd.

Industry