Credit Risk Associate, Portfolio Management Group – Non-Investment Grade / Mid-Corporate

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 120,000 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.

The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.

Job Summary:

We're seeking a Credit Risk Associate who will be part of our growing Portfolio Management Group (PMG). You will focus on underwriting and portfolio management for clients in the Diversified Industries sector (General Industries, Consumer, Retail, Environmental Services, Engineering, Construction, etc.) for non-investment grade public and privately owned corporate borrowers.

As an Associate you will be supporting senior portfolio managers in underwriting new debt transactions, follow-on financings for portfolio accounts, and monitoring portfolio account performance for potential upgrades, downgrades, and credit deterioration, with the goal of maximizing net income and reducing credit costs.

Responsibilities:

• Support senior portfolio managers in the credit analysis and management of the Non-Investment Grade corporate credits.

• Perform due diligence on new transactions as well as regularly scheduled evaluation of the existing loan portfolios.

• Prepare 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, transaction structure, and capital structure.

• Modeling skills required for both the credit application process and scheduled reviews.

• Responsible for the coordination and communication of account information across various constituencies throughout the organization.

• Responsible for knowledge of covered industries and all current events in assigned portfolio utilizing internal and external sources.

• Oversight of facility closing due diligence, including documentation.

• Attend client meetings when appropriate.

• Special projects as assigned.

Advanced Credit/Underwriting Solutions:

• Work within deal team environment (with Global Relationship Managers, Credit Administration, Sponsor Coverage, Capital Markets, etc.) 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.

• 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.

• Participate in client and bank meetings as necessary.

Policy and Deal Advocacy:

• Ensure compliance with policy and regulatory requirements.

• Evaluate and establish appropriate ratings for transactions and correlate appropriate exposure level with regards to exposure on both a transaction and group level.

• Support the communication with the credit approval division, including final hold level strategies to ensure alignment of risk strategy and policy.

Skills & Experience:

• Bachelor’s degree in Finance or Accounting. CFA and/or MBA is an asset.

• Completion of formal credit-training program at a money center bank is preferred.

• Credit and analytical focused individual, including 3-5 years of prior experience in a related role.

• Strong financial modeling skills required.

• Strong written, verbal and interpersonal skills

• Microsoft Word, Excel, and PowerPoint proficiency.

• Able to work independently, demonstrate appropriate time management skills, and manage multiple assignments.

The typical base pay range for this role is between $135k - $155k depending on 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

We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.

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.

We are proud to be an Equal Opportunity Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.