Associate, Credit Analysis (Commodity Finance)

MUFG Americas; London; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player seeks a Credit Analyst to join their Commodity Finance team in London. This role involves providing credit recommendations, managing risks, and supporting relationship managers to ensure effective client delivery. You will analyze client strategies and market trends, contributing to business development and enhancing credit processes. The ideal candidate will have strong analytical skills and a background in credit analysis, with the opportunity to thrive in a collaborative environment that values innovation and diversity. If you are driven and ready to make a meaningful impact, this is the perfect opportunity for you.

Qualifications

• Minimum 3 years of corporate credit analysis experience in a banking environment.
• Strong analytical and research skills, including stress testing and modeling.

Responsibilities

• Provide credit recommendations and monitor risks for commodity finance business.
• Manage credit accounts and support relationship managers in due diligence.

Skills

Credit Analysis

Analytical Skills

Numeracy Skills

Presentation Skills

Communication Skills

Problem Solving

Interpersonal Skills

Tools

Microsoft Office 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.

OVERVIEW OF THE DEPARTMENT/SECTION

• The Commodity Finance (“CF”) Team primarily provides working capital solutions to commodity traders and commodity corporates based in EMEA (Producers, processors, marketers, distributors, etc) to meet their financing needs in all phases of commodity trading activities;
• CF is relationship manager for Independent Commodity Traders and for some Commodity Corporates; CF is product partner for RM offices of most Commodity Corporates.

MAIN PURPOSE OF THE ROLE

Provide credit recommendations and monitor risks by understanding client needs, and delivering the best ideas, solutions to support the origination of commodity finance related business (i.e. Bilateral Trade Finance Lines, ARPS, Export LC business, Borrowing Bases etc.) and ancillary business within MUFG under the supervision of the Credit and Structuring Lead - Energy.

KEY RESPONSIBILITIES

1. Client Delivery
   • Provide administrative and technical support to the Team Head, Energy, to enable the effective development and management of customer relationships.
   • Manage a portfolio of credit accounts, which require supporting Relationship Managers; performing credit-related due diligence; identify, quantify risk drivers and propose mitigants in structured and vanilla transactions; transaction execution; monitor deadlines; and, review and execute facility documentation.
   • Provide credit support to colleagues by preparing information and analysis as directed by senior team members.
   • Contribute to high level analysis of client strategy using this in conjunction with market analysis to develop client recommendations and rationales for DSC and credit approval.
   • Contribute to business development activities including meeting new clients.
   • Prepare and support financial analysis and credit applications as directed by senior team members.
   • Contribute to the enhancement of the credit process, contribute to strategic initiatives, and provide support to the overall portfolio management.
   • Conduct straightforward data analysis and data manipulation to enable interpretation of figures, patterns and trends.
   • Run financial scenarios following precedent models to identify simple patterns and trends, to provide senior managers with information to support decision making.
   • Conduct research from a range of generalised and specialist sources, extracting relevant information and summarising data to inform decision making at more senior levels.
   • Review Facility and Security documentation accepting accountability for straightforward commercial aspects and referring to senior team members for more complex issues. Additionally, to liaise with European Legal Office and/or external legal counsel for their areas of responsibility to ensure that commercial and legal aspects meet MUFG standards.
   • Contribute to the development, adaptation and application of policy, procedures and analysis to ensure a relevant, compliant and rigorous approach to the management of any risk which can negatively affect the portfolio.
   • Liaise with internal counterparts throughout MUFG and with external counterparts at clients to gather relevant information to support decision making and planning.
2. Risk Management

   As Credit Analyst – Associate, you will be responsible for monitoring, and taking action further to your delegated authority in respect of, the risk being run across your client portfolio within the Energy desk, Commodity Finance, within Commodity & Structured Trade Finance. You are/will:
   Responsible for your client portfolio, for managing all relevant risks (including, but not limited to, market, credit, operational and conduct risks) within the firm’s risk appetite including through the use and continued development of market-leading risk management models and monitoring tools.

   Responsible for conducting business in line with internal policies and procedures as well as regulatory requirements.

   Ensure that the Global Governance Standards are supported by appropriate and effective compliance policies and procedures that are applied consistently across the Energy desk Commodity Finance, within Commodity & Structured Trade Finance; and responsible, for your client portfolio, for ensuring that the Energy desk, Commodity Finance, within ECA, Commodity & Structured Trade Finance supplying information for risk and financial reporting is well managed and, within the policies established by the Company and Operating Entity's, Boards and appropriate committees;

3. Controls and Compliance

   You are responsible for ensuring the Company’s compliance with internal risk and compliance requirements, controls and procedures, including personally, following all relevant policies and procedures, and ensuring those in your teams also follow policy and procedures.

WORK EXPERIENCE

Essential:

• Good corporate credit analysis and research skills (including stress test and modelling) ideally gained in a banking environment (minimum 3 years).

Preferred:

• Experience in a Credit Sanctioning Department;
• A background in natural resources finance.

SKILLS AND EXPERIENCE

Functional / Technical Competencies:

Essential

• Specialist knowledge and extensive experience in credit analysis
• Strong analytical and numeracy skills based on relevant credit systems and models
• Strong presentation and communication skills – both oral and written;
• Computer literacy, including core Microsoft Office suite (Excel, PowerPoint)
• Interpersonal skills and networking skills

Preferred:

• Specialized in energy commodities or metals or agri commodities

PERSONAL REQUIREMENTS

• Excellent communication skills
• Results driven, with a strong sense of accountability
• A proactive, motivated approach.
• The ability to operate with urgency and prioritise work accordingly
• Strong decision making skills, the ability to demonstrate sound judgement
• A structured and logical approach to work
• Strong problem solving skills
• A creative and innovative approach to work
• The ability to manage large workloads and tight deadlines
• Excellent attention to detail and accuracy
• A calm approach, with the ability to perform well in a pressurised environment
• Strong numerical skills
• Excellent Microsoft Office skills

We are open to considering flexible working requests in line with organisational requirements.

MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.

We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.