Overall Purpose of Job:The Credit Manager in the Portfolio Management Group (PMG) is responsible for the underwriting and implementation of the credit management function within GCIB (Global Corporate & Investment Bank) and more specifically the Non-Investment Grade Diversified Industry Vertical. Provide credit coverage for non-investment grade corporate borrowers.
Vice Presidents will be a corporate finance professional, focused on non-investment grade credit analysis for Corporate transactions. 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 utilizing solid credit and analytical skills, including monitoring credits for potential upgrades, downgrades or general credit deterioration with the goal of maximizing the bank's net income while minimizing credit costs.
Responsibilities:- Evaluates prospects and analyzes structure of complex financing transactions for new and existing Large Corporate and Mid-Corporate clients in the Diversified Industries vertical.
- Perform due diligence on new transactions as well as regularly scheduled evaluation of the existing loan portfolio
- Underwrites new bank debt transactions according to established policies and guidelines for non-investment grade clients and prospects, performing 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; and company historical operating performance, projected operating performance and capital structure
- Manages a portfolio of corporate clients, including periodic reviews and communication of account information across various constituencies throughout the organization
- Prepares cash flow projections to assess the debt repayment capacity of borrowers
- Reviews and negotiates loan documentation and interfaces with Middle Office professionals to facilitate the closing of transactions
- Special projects as assigned
Advanced Credit/Underwriting Solutions: - Work within deal team environment (with Global Relationship Managers, Credit Administration, Corporate Advisory, Capital Markets, and Syndications) supporting 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
- Prepare 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
- Attend client and bank meetings as appropriate
Policy and Deal Advocacy: - Coordinates the deal process with credit administration partners in CDA (Credit Division of the Americas), relationship managers in GRM (Global Relationship Management), and various product partners
- Determine 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
Qualifications/Requirements:- Bachelor's degree, in Finance, Accounting or Economics (CFA or MBA is a plus)
- 5-7 years of General Industries Mid-corporate underwriting and lending experience including Sponsor finance
- Strong credit skills and extensive analytical and modeling skills
- Knowledge of standard bank products including loans, letters of credit, derivatives, foreign exchange, securitization and leasing
- Ability to manage multiple priorities
- Effective communication skills and ability to work with senior credit officers, business partners, and clients
- Strong verbal, written and interpersonal communication skills
- Able to work independently and under pressure
- 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
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 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.
