Vice President, PMG - Corporate Banking

MUFG•Toronto, ON

2d•Onsite

About The Position

The Credit Manager in the Portfolio Management Group (PMG) is responsible for the underwriting and implementation of the credit management function within GCIB (Global Corporate & Investment Bank) and more specifically the Non-Investment Grade Diversified Industry Vertical. Provide credit coverage for non-investment grade corporate borrowers. Vice Presidents will be a corporate finance professional, focused on non-investment grade credit analysis for Corporate transactions. Critical functions include assessing risk factors associated with each credit and determining the appropriate risk ratings based on established policies and guidelines. Responsibilities will include active credit management utilizing solid credit and analytical skills, including monitoring credits for potential upgrades, downgrades or general credit deterioration with the goal of maximizing the bank’s net income while minimizing credit costs.

Requirements

Bachelor’s degree, in Finance, Accounting or Economics (CFA or MBA is a plus)
5-7 years of General Industries Mid-corporate underwriting and lending experience including Sponsor finance
Strong credit skills and extensive analytical and modeling skills
Knowledge of standard bank products including loans, letters of credit, derivatives, foreign exchange, securitization and leasing
Ability to manage multiple priorities
Effective communication skills and ability to work with senior credit officers, business partners, and clients
Strong verbal, written and interpersonal communication skills
Able to work independently and under pressure

Nice To Haves

CFA or MBA is a plus

Responsibilities

Evaluates prospects and analyzes structure of complex financing transactions for new and existing Large Corporate and Mid-Corporate clients in the Diversified Industries vertical.
Perform due diligence on new transactions as well as regularly scheduled evaluation of the existing loan portfolio
Underwrites new bank debt transactions according to established policies and guidelines for non-investment grade clients and prospects, performing detailed credit analyses and required credit applications in accordance with internal policies and regulatory guidance, including the evaluation of company-specific, industry, and regulatory risks; and company historical operating performance, projected operating performance and capital structure
Manages a portfolio of corporate clients, including periodic reviews and communication of account information across various constituencies throughout the organization
Prepares cash flow projections to assess the debt repayment capacity of borrowers
Reviews and negotiates loan documentation and interfaces with Middle Office professionals to facilitate the closing of transactions
Special projects as assigned
Work within deal team environment (with Global Relationship Managers, Credit Administration, Corporate Advisory, Capital Markets, and Syndications) supporting 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
Prepare 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
Attend client and bank meetings as appropriate
Coordinates the deal process with credit administration partners in CDA (Credit Division of the Americas), relationship managers in GRM (Global Relationship Management), and various product partners
Determine 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