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.
Asset Based Finance Group (ABF)
MUFG Bank's (MUBK) ABF group is one of the essential go-to-market products for MUBK in North America, and is housed within MUBK's Global Corporate and Investment Banking division. It is an important financing tool for supporting clients' needs. The ABF group delivers full services-based capabilities to MUBK's clients including origination, underwriting and portfolio management, syndication and agency qualification. The ABF team is active across a range of client business sectors throughout the U.S.
Overall Purpose of Job:
The Portfolio Management function within MUBK's ABF group is responsible for the oversight of a portfolio of asset based lending clients situated throughout the US, evaluating the creditworthiness of the clients on an ongoing basis, monitoring the collateral that supports all credit exposure, and initiating or supporting revenue growth efforts.
Job Summary / Major Responsibilities:
Monitoring borrower financial performance on an ongoing basis
Prepare detailed credit analyses and required credit application according to policy, including evaluation of loan purpose and structure, repayment sources, corporate, regulatory and industry risk, liquidity, asset protection, historical and projected operating performance and capital structure
Evaluating monthly collateral information to insure that adequate collateral is available to cover outstanding obligations
Recommending and implementing the appropriate course of action when borrower financial performance or collateral adequacy becomes an issue
Performing the necessary due diligence to provide timely responses to requests for additional credit
Ensuring that the bank's collateral is regularly appraised, field exams are conducted to evaluate the quality of the collateral and underlying collateral controls, and that adjustments are made if any issues arise from those appraisals or exams
Ensuring that the internal and regulatory risk ratings for borrowers remain accurate, and recommending adjustments when a material change in the credit profile has become evident
Closely monitoring troubled credits and participating in internal meetings to review performance and exposure strategy
Contributing to the bank's revenue growth goals by working closely with coverage RMs, product partners, and ABF origination staff to enhance MUFG's importance to the borrower either through cross sell efforts or pitch to lead presentations
Periodic discussions with Agents, if necessary, to get borrower updates, amend & extend requests, and amendments
Work with senior staff to coordinate loan proposals and loan underwriting, including complex scenarios with high profile clients
Will also assist with the preparation for various internal and external examinations and audits and all compliance and operational aspects of the business
Requirements:
A Bachelor's degree, ideally with a business major. A CFA Level 1, 2 or 3 or an MBA is a plus
A minimum of 2 to 3 years of relevant corporate financial analysis experience; with specific experience in asset-based lending a plus
A career track as a corporate finance professional with a credit and analytical background
Some background with loan documentation is a plus
Completion of a formal credit-training program at either a money center, large national, or super regional bank is a plus
Strong written and interpersonal communication skills
Financial modeling and analytical skills using MS Word, Excel, and PowerPoint
Excellent analytic and quantitative skills
The typical base pay range for this role is between $135 - $155K and depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes 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, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.
MUFG Benefits Summary (https://careers.mufgamericas.com/sites/default/files/document/2023-01/mb-live-well-work-well.pdf)
We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.
We are proud to be an Equal Opportunity Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual's associates or relatives that is protected under applicable federal, state, or local law.
At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!
Our Culture Principles
Client Centric
People Focused
Listen Up. Speak Up.
Innovate & Simplify
Own & Execute
