Vice President, PMG - Corporate Banking

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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.

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.

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.