Vice President- Credit Review Examination

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About the role:

Position Title- Vice President- Credit Review Examination

Corporate Title- Vice President

Reporting To- Director

Location- Mumbai- Nirlon Knowlege Park

Job Responsibilities:

• Participates or leads credit examination of credit exposures and end-to-end credit risk management of MUFG Bank business units, branches, and subsidiaries in Asia & Oceania region. 
• Undertakes reviews of individual obligors' credit and transactional risks as well as in-life credit monitoring process, providing 3rd line assurance on the risk management and quality of the credit portfolios of the examined entities.
• Assesses credit risk frameworks, policies, procedures, practices, and overall health of the credit portfolio, including credit rating validation, analysis of individual credits, underwriting quality review, and internal risk-grade classification for potential areas of weakness or noncompliance and recommendations to mitigate risks
• Leads the evaluation of the quality of assets and credit administration practices; review risk rating integrity and portfolio quality, verify completeness of loan documentation; ensure credit policy adequacy and adherence; and report the performance of the institution’s loan portfolio to management.

Audit Delivery and Planning

• Maintain the audit universe and risk assessments of auditable entities.
• Dynamically manage the audit plan, considering whether it remains relevant throughout the year, proposing changes as appropriate.
• Ensure timely delivery and adherence to audit methodology and standards, escalating any challenges that might impact the audit delivery timelines.
• Responsible for the execution and delivery of audits within the audit plan and issue management/ validation within Key Performance Indicators (KPIs), and to the required methodology and Quality Assurance standards. Drive risk-based audit engagements and demonstrate appropriate coverage of the key risks.
• Oversee project management of audit engagements with clear focus on timelines and deliverables, including timely and effective review of workpapers and receipt of prompt, constructive feedback. 

• Address potential findings and management action plans promptly during the audit, working iteratively.
• Collaborate with stakeholders on issue follow-up.
• Maintain regular communication with stakeholders to drive and support effective issue management and promptly address challenges.
• Ensure delivery of audit workpapers and files meet all QA standards with minimum review points.
• Ensure data quality is in line with data quality related deadlines and expectations.
  
  Stakeholder Relationships
• Maintain constructive, collaborative relationships with relevant stakeholders.
• Regularly meet with stakeholders.
• Identify and escalate emerging risk or any material changes that might impact the audit universe, risk assessment or audit plan.

Responsibilities Include:

• Executing periodic evaluations of internal credit processes for accuracy and compliance with corporate policies as well as regulatory requirements.
• Implementing ongoing review of the firm’s risk-rating integrity and portfolio quality, verifying loan quality, and ensuring credit policy adequacy and adherence.
• Evaluating the effectiveness of credit risk process controls.
• Monitoring the analysis of credit files, financial documents, projections, and researching industry trends to identify risk potential within portfolios.
• Examining the loan transaction covering the process of sanction, documentation, and operation of the loan account.
• Analyzing individual credits and/or credit relationships for quality, adherence to approval conditions, the accuracy of risk grading, and adequacy and accuracy of documentation.
• Tracking and assessing risk asset portfolios to identify deterioration or negative management control trends and reviewing compliance with policies, guidelines, and regulations.
• Developing periodic risk profile & monitoring plans to outline key risk factors and allocate appropriate resources.
• Evaluating Management Information Systems (MIS) data and identifying adverse trends of leading and lagging performance indicators.
• Documenting findings and observations and making recommendations.
• Presenting conclusions to leadership/controlling authorities to promote implementation of recommendations for improved processes and controls and follow up for the satisfactory completion of outstanding issues raised.
• Providing guidance to business units on credit policies and control procedures.

• Responsible for any special/ adhoc assignments requested by the supervisor.
• Collaborates with other audit teams and provides beneficial and constructive suggestions that will contribute to the overall performance of AIAO and Credit Examination.
• Business travel is expected for the role.

Education

Degree in Accounting, Finance, Business Administration or related business discipline is preferred.

Advanced degree is desirable.

Certifications

Chartered Accountant (CA), Certified Internal Auditor (CIA), Chartered Financial Analyst (CFA) are highly desirable.

Data Analyst Certifications are viewed positively.

Work Experience

• Expertise in the credit risk management area in the banking and/or financial sector.
• Strong understanding of banking products and their risks.
• Strong credit analysis background, with minimum 10 years of work experience in corporate credit analysis (including multi-national corporates). 
• Credit knowledge/ working experience in Financial Institution (FI) credits and specialized finance (such as fund finance, securitization, leveraged finance, project finance, aviation finance) are highly desirable.
• Previous experience in preparing, reviewing and/or approving credit applications, borrower ratings.

• Extensive experience in risk and controls oversight function.
• Strong knowledge of legal credit documentation.
• Deep practical knowledge of the financial industry, related markets, and related regulatory bodies.

Functional Skills

• Financial analytics and/or accounting skills are mandatory
• Credit audit knowledge is highly desirable
• Experience in risk assessment, audit methodology, and execution.
• Excellent Microsoft Office skills including Excel, Powerpoint and Word
• Knowledge in data processing, database programming, and/or data analytics.  Experience in building data visualization and/or reporting solutions through Power BI, Tableau, or similar BI tools
• Good project management skills
• Ability to engage with all levels of business line management

Foundational Skills

• Demonstrates leadership
• Communicates effectively with ability to influence
• Good attention to details
• Strong time management with the ability to juggle multiple tasks
• Collaborative and a good team player
• Identifies multiple paths to success using analytical and critical thinking as well as decision making skills
• Exhibits and fosters optimism, resilience, flexibility, and openness to others' ideas
   

Mitsubishi UFJ Financial Group (MUFG) is an equal opportunity employer. We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organsational fit, regardless of race, religion or gender.