Associate – Credit Underwriting and Portfolio Management – Financial Institutions Group (FIG)

Mitsubishi UFJ Financial Group•New York, NY

13d•Hybrid

About The Position

We're seeking an Associate to join our growing Portfolio Management Group. You will conduct credit analysis and recommendation for financial institution credits across the spectrum of FIG portfolio: Banks / Business Development Companies / Asset Managers / Insurance companies (Life & Health insurance and Property & Casualty companies) Structured financial solutions Asset based lending including Fund and NAV lending. You will prepare and evaluate credit proposals and make recommendations to management on credit approval. You’ll be also monitoring the client financial, industry and credit trends regularly.

Requirements

Bachelor’s degree in Finance, Accounting, Business or Economics
3+ years of experience at a financial institution (analyzing corporate clients' risk and credit profiles), accounting firm or rating agency
Solid experience in analyzing financial institution credits and conducting due diligence on such corporations.
Ability to build complex financial models to assess the customers’ repayment ability.
Strong written, verbal and interpersonal communication skills.
The ability to manage multiple priorities.

Nice To Haves

CFA or MBA is a plus
Experience in the following sectors: Insurance companies including property casualty companies and life insurance with preferred experience in life insurance and side car credit terms negotiation
Asset Managers and funds, asset-based lending (ABL) across multiple asset classes
Counterparty credit risk management and administration of derivative limits
Experience in analyzing/supporting investment banking products including asset-based lending (securitization, leasing), NAV lending and structured insurance solutions, and understanding of structure risks inherent in such finance
Experience in underwriting M&A finance, and ability in conducting merger and valuation analysis.

Responsibilities

Perform due diligence on new transactions as well as regularly scheduled evaluation of the existing loan portfolio.
Coordinate and communicate account information across various constituencies throughout the organization.
Responsible for knowledge of particular industries and all current events in assigned portfolio utilizing internal and external sources.
Oversee covenants compliance database and facility closing due diligence, including documentation.
Attend client meetings.
Participate in special projects as assigned.
Work within a deal team environment (with Global Relationship Managers, Credit Administration, Sponsor Coverage, and Capital Markets) to support 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.
Conduct site visits and participate in client and bank meetings.
Support the communication with the credit approval division including final hold level strategies to ensure alignment of risk strategy and policy.
Evaluate and establish 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.