Associate - Credit Underwriting and Portfolio Management - Sports Finance

MUFG Bank, Ltd. • $108K — $145K *

New York, NY 10025In-Person

Finance & Insurance

Less than 5 years of experience

Today

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Job Overview by Ladders

Qualifications

Minimum of 2 years of experience with a comprehensive Sports portfolio or 3 years in risk analysis at a financial institution/rating agency.
Strong financial modeling skills specifically for Sports, including EBITDA adjustments and Fixed Charge Covenant calculations.
Experience with financing transactions in the Sports sector, analyzing credit and risk profiles.
Proficiency in Microsoft Word, PowerPoint, and Excel, along with AI tools for job functions.
Bachelor's degree in Finance, Accounting, Business or Economics; CFA in progress is a plus.

Responsibilities

Perform due diligence on new transactions and credit reviews of the loan portfolio.
Coordinate account information communication across teams.
Maintain current knowledge of country/risk factors and events in the Sports industry.
Attend client and bank meetings as needed, via various communication methods.
Ensure compliance with internal policies and procedures as they relate to credit.
Support prescreening of proposed transactions to identify structural issues and risks.
Evaluate and assign appropriate credit ratings for transactions.

Benefits

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

Full Job Description

Job Summary:

We're seeking a Credit Risk Associate who will be part of our growing Portfolio Management Group. You will handle credit coverage for clients in the Sports sector for team, league and venue borrowers. You'll prepare detailed credit analyses and the required credit applications, which include the evaluation of corporate, regulatory and industry risk, historical operating performance, projected operating performance, and capital structure.

As an Associate, you'll assess risk factors associated with each credit and determine the appropriate risk ratings based on established policies and guidelines. You will support active credit management and new transaction underwriting utilizing solid credit and analytical skills, analyzing risks and mitigants, including monitoring credits for potential internal and regulatory rating changes and general credit deterioration with the goal of maximizing the Bank's net income while minimizing credit costs.

Responsibilities:

Perform due diligence on new transactions, amendment requests as well as regularly scheduled quarterly, semi-annual and annual credit reviews of the existing loan portfolio.
Coordinate and communicate account information across various constituencies.
Responsible for building and maintaining knowledge of country/risk factors and all current events within the Sports industry vertical in the assigned portfolio utilizing internal and external sources.
Attend client and bank meetings when appropriate via phone, video or occasionally in-person.
Stay abreast of and maintain compliance with all internal existing and amended policies and procedures
Participate in special projects as assigned.

Advanced Credit/Underwriting Solutions:

Support the prescreening of proposed transactions to identify critical structural issues and risks, balancing institutional policy with business objectives.
Prepare and present select Quarterly Watch List credits to senior credit officers.
Understand and maintain knowledge of industries represented in portfolio, including technical aspects and regulatory issues.

Policy and Deal Advocacy:

Support Portfolio and Relationship Managers to problem solve and ensure transaction requests are acceptable within the risk appetite of the Bank.
Ensure compliance with internal policy and procedural requirements by understanding and adhering to Global Corporate and Investment (GCIB) Operating Procedures, General Credit Policies for the Americas (GCP), and Procedures for Credit Ratings and Credit Rules.
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, including timely completion of all assigned training courses.

Skills & Experience:

Minimum of 2 years of work experience focused on a comprehensive Sports portfolio comprised of league wide, individual team, and sports/entertainment venue transactions within a financial institution. Alternatively, minimum of 3 years work experience within a financial institution or rating agency analyzing corporate client's risk and credit profiles.
Strong financial spreading/modeling and analytical skills specifically related to Sports, including calculating EBITDA adjustments and Fixed Charge Covenant ratios using LTM, forward looking and base case assumptions.
Experience analyzing Sports credit and risk profiles across various financing transactions.
Proficient in Microsoft Word, PowerPoint and Excel.
Experience utilizing AI tools to assist in core job functions.
Strong written, verbal and interpersonal communication skills with ability to work independently.
Completion of a formal credit-training program at a money center bank preferred
Bachelor's degree, in Finance, Accounting, Business or Economics (working towards a CFA a plus).

Compensation & Benefits:

The typical base pay range for this role is between $108k-$145k depending on job-related knowledge, skills, and experience. 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

About MUFG Bank, Ltd.

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