Vice President - Credit Underwriting and Portfolio Management - Financial Institutions Group (FIG)

MUFG Bank, Ltd.; Toronto; On-site; CAD 120,000 - 160,000; Full time

Job summary

MUFG Bank is seeking a Vice President for its Portfolio Management Group. This key role focuses on underwriting and actively managing a loan portfolio, ensuring compliance and assessing credit risks. The successful candidate will possess significant experience in financial analysis and a proven ability to lead junior staff, contributing to the growth of the organization and maximizing profitability. Join a globally recognized financial group committed to excellence and innovation.

Qualifications

• Minimum of 5 years experience in analyzing corporate clients' risk and credit profiles.
• Experience in financial institutions, accounting firms, or rating agencies.
• Ability to build complex financial models.

Responsibilities

• Manage loan portfolio and conduct due diligence.
• Analyze credit risk and submit credit applications.
• Mentor junior analysts in the credit risk management process.

Skills

Credit risk analysis

Financial modeling

Interpersonal communication

Analytical skills

Education

Bachelor's degree

CFA or MBA preferred

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.

Job Summary :

We're seeking a Vice President to join our growing Portfolio Management Group. You will focus on underwriting and portfolio management for clients in the Financial Institutions Group (FIG) for investment grade and non-investment grade public and privately owned corporate borrowers.

You will be responsible for active credit management of a designated portfolio utilizing solid credit and analytical skills, providing continuous oversight of portfolio names, monitoring for potential risk and regulatory rating changes and proactively identifying credit deterioration with the goal of maximizing net income and reducing credit costs.

Responsibilities :

Active portfolio management of designated clients :

• Responsible for the management of a loan portfolio.
• Perform due diligence and regularly scheduled reviews of assigned loan portfolio, including covenants compliance.
• Analyze credit risk of the designated portfolio, determine accurate ratings and make recommendations of accurate and timely ratings to management.
• Prepare detailed credit reviews and required credit applications according to policy, including evaluation and analysis of financial condition of key contract parties, regulatory and industry risks, historical operating & financial performance and projected performance
• Coordinate and communicate critical account information independently and directly to various related parties throughout the bank, business line, product groups and credit divisions.
• Review loan documentation for newly assigned accounts in advance of closing to make sure that the timeframe for funding notices is acceptable, and that borrower and transaction documents contain appropriate representations.
• Review reporting to verify completeness and compliance
• Responsible for in-depth knowledge of FIG industries and all current events utilizing internal and external sources.
• Maintain direct communication with assigned customers.
• Evaluate proposed contents of deliverable reports to make sure that information is sufficiently complete.

Deal Support :

• Work with business lines / product groups to identify prospective transactions.
• Identify and mitigate structural risks in prospective transactions and recommend / enhance structuring of deals and covenant in line with policies and procedures.
• Advise account officers 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 credit division and ensure it is provided with all related information / analysis pertinent to making a decision with little support from management.

Administrative Agent Function :

• Function as the first line resource for credit-side administrative issues
• Coordinate waivers / amendments / consents with agency desk
• Respond to credit inquiries from syndicate banks, confirming information with the borrower as necessary

Policy and Compliance :

• Ensure compliance with external regulatory / internal policy and procedural requirements.
• Influence improvement of internal processes by participating in committees, project teams, ad-hoc policy meetings and transaction discussions to enhance organization-wide credit risk framework.

Support and mentor junior analysts in credit risk management process :

• Train, coach and support junior analysts on an on-the-job basis by providing guidance in completing complex assignments.
• Study, develop and enhance analytical skills of the team through close communication.

Skills & Experience :

• A minimum of 5 years of experience at a financial institution (analyzing corporate clients' risk and credit profiles), accounting firm or rating agency
• You will have experience in the following sectors :

Insurance companies including property casualty companies and life insurance with preferred experience in life insurance and side car credit terms negotiation

• Asset Managers and funds, asset-based lending (ABL) across multiple asset classes
• Counterparty credit risk management and administration of derivative limits
• Solid experience in analyzing financial institution credits and conducting due diligence on such corporations, developing working relationships with customers' senior management.
• Ability to build complex financial models to assess the customers' repayment ability.
• Experience in analyzing / supporting investment banking products including asset-based lending (securitization, leasing), NAV lending and structured insurance solutions, and understanding of structure risks inherent in such finance
• Experience in underwriting M&A finance, and ability in conducting merger and valuation analysis.
• In depth knowledge of loan documentation and structural risks in corporate finance
• Strong written, verbal and interpersonal communication skills.
• The ability to manage multiple priorities.
• Effective communication skills and ability to work with senior credit officers, business partners, and clients.
• BA required; CFA or MBA preferred.

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.

• As a federally regulated entity, MUFG Bank Canada is required to comply with applicable laws which prohibit discrimination based on protected grounds and which require accommodation to individuals in accordance with the requirements outlined in the Canadian Human Rights Act and the Canada Labour Code. Where MUFG Bank Canada obtains information relating to protected grounds under the Canadian Human Rights Act as part of the application process, it does so to monitor and otherwise evaluate its own compliance with such legislation and associated regulatory requirements; MUFG Bank Canada does not use such information for decision making purposes relating to the position contemplated in this application.
• As a provincially regulated entity, MUFG Securities Canada is required to comply with applicable laws which prohibit discrimination based on protected grounds and which require accommodation to individuals in accordance with the requirements outlined in the Human Rights Code (Ontario) and the Employment Standards Act (Ontario). Where MUFG Securities Canada obtains information relating to protected grounds under the Human Rights Code (Ontario) as part of the application process, it does so to monitor and otherwise evaluate its own compliance with such legislation and associated regulatory requirements; MUFG Securities Canada does not use such information for decision making purposes relating to the position contemplated in this application.

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