Securitized Products Credit Risk Manager, Vice President

Mitsubishi UFJ Financial Group•New York, NY

3d•Hybrid

About The Position

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 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. Major Responsibilities: Responsible for implementation of the credit risk underwriting and management function for Securitized Products, providing recommendations to the credit authority. Securitization is a strategically important business for MUFG, and in this role, you will gain exposure to a diverse range of asset classes across consumer, commercial, and esoteric transactions. The incumbent monitors and manages credit exposures within portfolios and individual transactions, keeping abreast of market trends and developments. May develop and lead strategic initiatives, updates to policies and procedures, and may also be responsible for various projects to improve efficiencies. A candidate at this level is fully knowledgeable on the day-to-day activities of securitized product and credit processes and has strong verbal and written communication skills. Credit recommendations to management Evaluate credit proposals and business screening memos to make written credit recommendations to management Identify structural risks and mitigants in prospective transactions and recommend/enhance structuring of deals and covenants in line with underwriting guidelines Review cash flow models and conduct data analysis, including collateral stratification, historical performance, loss projection and derivation of expected case losses Advise origination team on credit risk issues/terms and conditions to create the best possible deal with a goal of maximizing profit and minimizing credit cost Directly and independently communicate with other credit divisions to obtain necessary information/comments to support making a credit decision Active portfolio monitoring of designated customers Responsible for the monitoring and ongoing credit review of individual accounts through regular/ad-hoc credit review process Evaluate credit review applications of the designated portfolio, determine accurate ratings and make recommendations of accurate and timely ratings to management Conduct due diligence and attend bank/customer meetings as required Coordinate and communicate critical account information independently and directly to various related parties throughout the bank, business line, product groups and credit divisions Responsible for market research and producing portfolio presentations for management 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 Others Perform related duties and participate in special assignments and projects as required

Requirements

In-depth knowledge of all elements of Credit and Risk principles
Previous working experience in financial institutions or related sectors, preferably in Securitization Credit, Ratings or Risk related function
6 or more years of Securitized Products credit and/or structuring experience, primarily covering Flow/Non-Flow ABS or Trade Receivables, with knowledge in Private Credit, Middle Market Loans or CLO’s a plus
Strong knowledge in structuring and cash flow analysis of ABS asset classes
Strong credit writing skills with ability to explain transaction structures to management
Knowledge of legal and compliance regulations and accounting rules pertinent to securitized lending
Good time-management skills and ability to multi-task, team player, strong organizational skills

Responsibilities

Responsible for implementation of the credit risk underwriting and management function for Securitized Products, providing recommendations to the credit authority.
The incumbent monitors and manages credit exposures within portfolios and individual transactions, keeping abreast of market trends and developments.
May develop and lead strategic initiatives, updates to policies and procedures, and may also be responsible for various projects to improve efficiencies.
Credit recommendations to management Evaluate credit proposals and business screening memos to make written credit recommendations to management
Identify structural risks and mitigants in prospective transactions and recommend/enhance structuring of deals and covenants in line with underwriting guidelines
Review cash flow models and conduct data analysis, including collateral stratification, historical performance, loss projection and derivation of expected case losses
Advise origination team on credit risk issues/terms and conditions to create the best possible deal with a goal of maximizing profit and minimizing credit cost
Directly and independently communicate with other credit divisions to obtain necessary information/comments to support making a credit decision
Responsible for the monitoring and ongoing credit review of individual accounts through regular/ad-hoc credit review process
Evaluate credit review applications of the designated portfolio, determine accurate ratings and make recommendations of accurate and timely ratings to management
Conduct due diligence and attend bank/customer meetings as required
Coordinate and communicate critical account information independently and directly to various related parties throughout the bank, business line, product groups and credit divisions
Responsible for market research and producing portfolio presentations for management
Ensure compliance with external regulatory/internal policy and procedural requirements
Participate in ad-hoc policy meetings to enhance organization wide credit risk framework
Perform related duties and participate in special assignments and projects as required