Credit Risk Analyst, Vice President

MUFG Americas; Toronto; On-site; CAD 150,000 - 200,000; Full time

Job summary

An established industry player is seeking a Credit Officer to manage and analyze a diverse portfolio of counterparties. This role requires expertise in credit risk analysis and the ability to collaborate with internal teams and clients. You will be responsible for conducting due diligence, documenting credit assessments, and ensuring compliance with legal documentation. Join a forward-thinking financial group that values innovation and teamwork, where your contributions will have a meaningful impact on the organization and its clients. If you are passionate about finance and eager to make a difference, this opportunity is perfect for you.

Qualifications

• 5-7 years of experience in Banking, with a focus on Credit Risk.
• Intermediate expertise in Microsoft Excel, including V-Lookups and Pivot Tables.

Responsibilities

• Manage a portfolio of counterparties and perform credit analysis.
• Document credit assessments and manage the credit application process.

Skills

Credit Risk Analysis

Communication Skills

Collaboration Skills

Microsoft Excel

Credit Documentation

Tools

Microsoft Suite

Job description

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 120,000 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.

Position Summary:

Credit Officer role covering counterparties/clients based in the Americas.

Primary Responsibilities:

• Manage and control a portfolio of counterparties.
• Perform counterparty credit analysis on a range of counterparty types: banks, broker dealers, clearing houses, insurance companies, REITs, mortgage originators and servicers, and specialty finance companies.
• Conduct due diligence including regular information gathering discussions/meetings with clients as needed; ability to work closely with MUFG revenue generators and other internal colleagues across functions and affiliates are required skills for this role.
• Document the counterparty credit assessment including proposed counterparty credit ratings using approved internal rating approaches and propose credit risk appetite in the form of credit limits.
• Manage the credit application process to achieve a decision and ensure approved limits are properly recorded in our systems.
• Work with Legal and the Business to ensure counterparty legal documentation is completed and appropriately reflects required credit terms.
• Support credit-related projects and initiatives and be involved with the RCSA process and control testing for Credit Risk Management.

Qualifications:

• Minimum of 5-7 years of experience in Banking with at least 3 years in a Credit Risk or similar role (either first or second line).
• Intermediate level expertise in the Microsoft Suite of applications with a focus on Excel, V-Lookups, and Pivot Tables is important. PowerPoint skills are welcome.
• Knowledge of repos, securities lending, and derivatives products is important.
• Experience writing credit reviews on mortgage originators, REITs, servicers, banks, broker dealers, and related FIG counterparty types.
• Ability to communicate and collaborate with colleagues across support functions and interact regularly with Sales/Trading revenue generators and clients.
• Experience performing counterparty credit analysis on a range of FIG-related counterparty types.
• Capable of performing due diligence including regular information gathering discussions/meetings with clients as needed; ability to work closely with MUFG revenue generators and other internal colleagues across functions and affiliates are required skills for this role.
• Knowledge of counterparty legal documentation and related credit terms, as applicable, is useful.