Credit Risk Manager, Vice President

Mitsubishi UFJ Financial Group; Toronto; On-site; CAD 100,000 - 150,000; Full time

Job summary

Mitsubishi UFJ Financial Group is seeking a Credit Risk Manager, Vice President in Toronto. This role involves active portfolio management, conducting credit analysis, and ensuring compliance with policies. Ideal candidates will have significant experience in credit risk and financial modeling, contributing to the organization's goal of fostering sustainable growth.

Qualifications

• 6+ years’ work experience at financial institutions in credit and risk related functions.
• 3+ years’ experience in analyzing financial institutions.
• In-depth knowledge of loan documentation and structural risks.

Responsibilities

• Manage a portfolio as a credit officer and perform due diligence.
• Analyze credit risk and prepare detailed credit analysis.
• Ensure compliance with regulatory and internal policies.

Skills

Credit and risk management

Financial modeling

Due diligence

Corporate credit analysis

Job description

Join to apply for the Credit Risk Manager, Vice President role at MUFG

Join to apply for the Credit Risk Manager, Vice President role at MUFG

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.

Active portfolio management of designated customers

• Responsible for the management of a portfolio as a credit officer
• Perform due diligence and regularly scheduled reviews
• Analyze credit risk of the designated portfolio, determine accurate ratings and make recommendations of accurate and timely ratings to management
• Prepare detailed credit analysis and credit applications in accordance with appropriate policies and procedures, evaluating the borrower’s industry / business / legal / financial risks and recommending extensions of credit to management
• Collaborate productively with the business line to manage safety and soundness while developing the portfolio
• Coordinate and communicate critical account information independently and directly to various related parties throughout the bank, business line, product groups and credit divisions
• Maintain direct communication with assigned customers.

Deal Support

• Work with business lines / product groups to identify prospective transactions
• Identify structural risks and mitigants in prospective transactions and recommend / enhance structuring of deals and covenants in line with policies and procedures.
• Advise account officers on credit risk issues / terms and conditions to create a best possible deal with a goal of maximizing profit and minimizing credit cost.
• Directly and independently communicate with credit division and ensure it is provided with all related information / analysis pertinent to making a decision with little support from 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.

Support and mentor junior analysts in credit risk management process

• Train and support junior analysts as assigned by MD or Team Leader.
• Guide junior analysts in completing complex assignments.
• Study, develop and enhance analytical skills of the team through close communication.

Qualifications

• 6+ years’ work experience at financial institutions or equivalent in credit and risk related function analyzing financial institutions or corporate customers.
• Minimum of 3 years’ experience in analyzing financial institutions and conducting due diligence on such clients, developing working relationships with customer’s senior management.
• In depth knowledge of general corporate credit analysis, credit and risk management
• Ability to build complex financial modeling to assess the customer’s repayment ability.
• In depth knowledge of loan documentation and structural risks in corporate finance.
• Understanding regulatory environment both in Japan (FSA, BOJ) and the U.S. (FRB, FDIC).

The job description and related application pertains to an opportunity with either MUFG Bank, Ltd., Canada Branch (“MUFG Bank Canada”) or MUFG Securities (Canada), Ltd. (“MUFG Securities Canada”). The job description relates to the general nature, scope, quantity and quality of work contemplated for the position. Other duties and responsibilities not specifically described may be assigned from time to time, consistent with knowledge, skills and abilities of the incumbent. The receipt of an application by either MUFG Bank Canada or MUFG Securities Canada, as applicable, does not imply or guarantee employment.

Each of MUFG Bank Canada and MUFG Securities Canada is an equal opportunity employer.