Credit Risk Manager I

Mitsubishi UFJ Financial Group•New York, NY

22h•Hybrid

About The Position

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 150,000 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.

Requirements

10 years’ experience at corporate banking or financial institution or equivalent firms.
In depth knowledge with minimum experience of 5 years in general corporate credit analysis and risk management.
Good understanding of regulations in Japan & U.S., expectations of regulators (JFSA, BOJ, OCC, FED, FDIC), and relevant policies & procedures.
Good understanding of JGAAP accounting standards employed by MUFG and relevant frameworks, policies related to Loan Loss Provisions.
Experience in solving regulatory / audit findings and management self-identified issues.
Verbal and writing English and Japanese skills required for collaboration with MUFG’s Head office in Japan, able to communicate with senior management and navigate through complicated problems via negotiations and persuasion.
Minimum 5 years of experience of participating cross-regional / entity-agnostic project and/or working overseas to achieve global objectives of the firm.

Responsibilities

Support Credit & Risk operations to maintain a sound risk management framework.
Operate Credit Cost Forecast process.
Provide expertise on loss provision accounting methodology employed by MUFG.
Advice Credit management and credit officers on policy applications.
Operate internal frameworks like Delegation of Approval Authority properly, with contributing to establish proper level of control.
Develop an effective and efficient risk management framework in line with the risk appetite pursued under MUFG’s business activities.
Promote well-balanced growth by contributing to establishing risk frameworks.
Work with business lines/product groups on risk appetite initiatives, identify key risks, and advise proper ways to mitigate.
Support MUFG’s effort to enhance its FIG business franchise, pursuing consistent and efficient operations across MUFG affiliates.
Credit Analysis, review & challenge.
Identify structural risks, mitigates in prospective transactions, and recommend / enhance structuring of deals and covenant in line with policies and procedures.
Review Credit Applications, directly and independently communicate with account officers, portfolio managers to ensure effective challenge is provided for key risk issues and recommend making decisions with little support from management.
Advise account officers and portfolio managers on credit risk issues/terms and conditions to create the best possible deal with a goal of maximizing profit and minimizing credit cost.
Analyze credit risk of the designated portfolio, determine accurate ratings, and make recommendations of accurate and timely ratings to management.
Perform due diligence and regularly scheduled reviews.
Policy Compliance.
Liaise and coordinate with global MUFG colleagues to maintain effective and efficient control on risk management, with pursuit of global consistency and compliance with external regulatory/internal requirements.
Participate in internal activities to create, review and revise policy and procedures to enhance MUFG’s risk management capabilities.
Support and mentor junior members of the organization.
Train and support junior members of the organization as assigned by management.
Guide junior analysis of the organization in completing complex assignments.
Study, develop and enhance analytical skills and enrich knowledge of the team through close communication and occasional training sessions.
Global / entity-agnostic coordination in pursuit of achieving both regional and global objectives.
Communicate and coordinate with colleagues in Head office and other regions, inclusive of employees at other MUFG affiliates (e.g., MUS, MUTB).
Contribute to MUFG by achieving strategic and business goals.
Perform related duties and participate in special assignments and projects as required.