Bilingual Credit Risk Associate, Portfolio Management, Japanese Corporate Banking in NYC

MUFG • New York, NY

1d • $90,000 - $129,000 • Hybrid

About The Position

The Bilingual Credit Risk Associate is responsible for underwriting and portfolio management of Japanese Corporate loan portfolio clients, with a focus on subsidiary lending. Assigned relationships may involve non-investment-grade clients, large credit exposures, structured finance transactions, and complex corporate structures. The role includes conducting due diligence and credit reviews, analyzing and rating credit risk, preparing credit applications, supporting deal structuring, monitoring compliance, and coordinating with business lines and credit-related groups. The selected colleague works at an MUFG office or client sites four days per week and remotely one day per week.

Requirements

• Business-level proficiency in Japanese is required.
• Ability to multitask in a high-stress, time-sensitive work environment.
• Strong time-management skills and attention to detail, accuracy, and integrity.
• Strong organizational skills and ability to manage multiple projects.
• Proficiency in Microsoft Office, including Outlook, Word, Excel, and PowerPoint.
• Sound knowledge of finance, accounting, legal matters, and regulations related to commercial banking products.
• Bachelor’s degree in a related field, such as accounting or finance.
• 3–5 years of work experience in a large financial institution in a credit- or risk-related function analyzing general corporate customers and making credit recommendations, or in another financial-related role such as M&A at an accounting firm, business analysis at an accounting or consulting firm, or subsidiary performance analysis in corporate finance.
• Demonstrated innovative and strategic thinking.

Nice To Haves

• Knowledge of banking applications.
• MBA or CFA.
• Experience handling a segment of an industry vertical or a primarily investment-grade commercial loan portfolio.
• Experience coordinating with an execution team to properly book newly assigned accounts.

Responsibilities

• Perform due diligence and regularly scheduled credit reviews.
• Analyze credit risk for the assigned portfolio, determine accurate ratings, and recommend timely ratings to management, including for complex or higher-risk customers.
• Prepare detailed credit analyses and credit applications in accordance with bank policies and procedures; evaluate borrowers’ industry, business, legal, and financial risks and recommend extensions of credit.
• Manage deadlines and workload according to schedule.
• Serve as a subject matter expert for particular industries and subsectors.
• Assess risks of standard bank products, including loans, standby letters of credit, trade finance, foreign exchange, derivatives, securitization, and leases.
• Interview borrowers’ senior management to assess business and financial risks and challenges; maintain direct communication with assigned customers when requested by the relationship manager.
• Coordinate and communicate critical account information to relevant parties throughout the bank.
• Oversee covenant compliance, facility due dates, required conditions, instructions and reports, and call memoranda.
• Perform other risk-related functions as needed.
• Work with business lines and product groups to identify prospective transactions.
• Lead moderately complex new deals for existing and new customers from the credit underwriting perspective, identify structural risks and mitigants, and recommend or enhance deal structures and covenants in accordance with policies and procedures.
• Advise account officers on credit risk issues and terms and conditions to support deal profitability and minimize credit cost.
• Consult with the manager and communicate with credit division and administration on rating rationale, facility structuring, and exposures; ensure credit decision-makers receive pertinent credit information and analysis.
• Ensure compliance with external regulatory requirements, including JFSA, BOJ, FRB, OCC, and FDIC requirements.
• Understand and comply with applicable internal credit standards, procedures, rules, rating procedures, operating manuals, and other pronouncements.
• Support department managers in the credit risk management process.
• Support junior analysts through on-the-job training as assigned by the manager, when experienced.
• Develop and improve analytical skills through communication with related divisions, including Americas Credit Review, credit departments, the Credit Policy Office, and other credit divisions, with managers’ support.
• Assist managers with training efforts.
• Maintain and monitor compliance reporting requirements.

Benefits

• 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.
• Paid vacation, sick days, and holidays.
• The role may be eligible for discretionary performance-based bonus and/or incentive compensation.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level