Associate - Asset Based Lending Underwriting

Mitsubishi UFJ Financial Group•Los Angeles, NY

23h•Hybrid

About The Position

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. The Team - Asset-Based Finance Group (ABF Group): MUFG’s ABF Group is one of the essential go-to-market products for MUFG in North America and an important financing tool for supporting clients’ needs. The ABF group delivers full service-based capabilities to MUFG’s clients including origination, underwriting, portfolio management, collateral monitoring, syndication and agency services. The ABF team is active across a wide range of client business sectors. The ABF Group looks to create a challenging, motivating and rewarding working environment for the Group’s staff and operating partners, supporting and furthering the careers of all of the Group’s employees according to their skills. Job Summary: The role will primarily focus on ABF’s structuring and underwriting efforts and marketing support with some client interaction as well as involvement in the syndication process. In coordination with Relationship Managers and other product providers, the Associate will underwrite and syndicate ABF transactions for companies across various industries. The Associate will focus on borrower analysis including assessing risk factors associated with the borrower’s credit and collateral, determine appropriate rating based on established policies and guidelines, and be responsible for creating and submitting credit packages through internal systems. Reports to ABF Underwriting Manager.

Requirements

3+ years of relevant financial experience; specifically in Asset-Based Lending preferred
Bachelor’s degree or equivalent; MBA a plus
Corporate finance professional with solid credit and analytical background
Completion of a formal credit-training program at a money center bank a plus
Strong written, verbal and interpersonal skills
Strong financial modeling skills is a must
Field Exam or Appraisal Experience a plus

Responsibilities

Structuring, Underwriting & Execution: In conjunction with the ABF Origination team, evaluate customer information to determine optimal financing structure and security package
Assist ABF Underwriting deal team lead on transactions
Perform financial due diligence coordinating with deal team, third parties and borrowers
Perform collateral due diligence, including review and analysis of collateral reports
Prepare detailed financial models and stress tests, analyze companies' future performance, debt capacity and collateral position
Manage internal transaction approval process: draft approval memoranda and submit through internal systems, present to management and credit committee, interact with credit officers
Work with Senior Staff to draft and negotiate commitment letters and credit agreements
Coordinate with Syndication team: draft offering memoranda and presentation for investors, organize bank meetings, answer investor due diligence questions
Lead deal closing process including coordinating with legal counsel to ensure all necessary legal diligence is conducted and loan documents are prepared reflecting the bank’s credit approval and terms and conditions
Policy Compliance: Ensure compliance with external regulatory/internal policy and procedural requirements
Participate in ad-hoc policy meetings to enhance organization wide credit risk framework
Support and mentor junior analysts in credit risk management process
Train and support junior staff on assigned transactions
Guide junior staff in completing complex assignments
Study, develop and enhance analytical skills of the team through close communication