Director, Credit Manager (Leveraged Finance)

MUFG Americas; Greater London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A global financial services firm in Greater London is seeking a Credit Risk Manager for its EMEA operations. The role involves leading a credit team, conducting credit analysis for leveraged finance transactions, and monitoring portfolios in line with regulatory expectations. Candidates should have a strong background in credit assessment with effective interpersonal and decision-making skills. A Bachelor’s degree is required, with advanced qualifications preferred. This position offers opportunities for career growth and the chance to make a significant impact.

Qualifications

• Experience of working in tier 1 bank credit division covering Leveraged Finance.
• Sufficient experience in alternative areas if single-experienced in corporate or structured finance.

Responsibilities

• Conduct credit analysis of leveraged finance transactions.
• Monitor existing portfolio transactions and make recommendations.
• Support the development of junior colleagues.

Skills

Credit assessment skills

Interpersonal skills

Decision making skills

Problem solving skills

Education

Bachelor Degree

Masters Degree or equivalent

CFA qualification

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 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.

MUFG (Mitsubishi UFJ Financial Group) is one of the world's leading financial groups. Headquartered in Tokyo and with approximately 350 years of history, MUFG is a global network with around 2,300 offices in over 50 countries including the Americas, Europe, the Middle East and Africa, Asia and Oceania. The group has over 150,000 employees, offering services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.

As one of the top financial groups globally with a vison to “be the world's most trusted financial group”, we want to attract, nurture and retain the most talented individuals in the market. The size and range of MUFG's global business creates opportunities for our employees to stretch themselves and reap the rewards, whilst our common values, to behave with integrity and responsibility, and to build a culture which is fair, transparent, and honest, underpin everything that we do. We aim to be the financial partner of choice for our clients, whatever their requirements, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

MUFG’s shares trade on the Tokyo, Nagoya, and New York (NYSE: MTU) stock exchanges. The group’s operating companies include, but are not limited to, MUFG Bank, Mitsubishi UFJ Trust and Banking (Japan's leading trust bank), Mitsubishi UFJ Securities Holdings (one of Japan's largest securities firms), and MUFG Americas Holdings.

Please visit our website for more information - mufgemea.com

Overview of Corporate and Investment Banking Credit (CIB Credit) for EMEA

ECD is a credit division responsible for corporate banking and structured finance credit for non‑Japanese corporates, FIs, and Sovereigns.

Its major functions are outlined as follows:

• analysing, approving, sanctioning and monitoring the credit quality of corporate credit risks and related risks;
• analysing, approving, sanctioning and monitoring the credit quality of Leveraged Finance, Project Finance, Structured Trade Finance, Aircraft Finance, Asset‑backed Finance (Securitisation)
• Assessment and management of country risks
• Management of problematic assets
• Monitoring, reporting and early action
• Portfolio analysis and management

Our Credit Team is part of a global organisation located in Tokyo, New York, Los Angeles, Singapore and London. The London Credit team is responsible for the EMEA region and we work closely with other regions to ensure global consistency in credit approvals.

Number of Direct Reports

None

Main Purpose of the Role

• To support Group Head to direct the continuous development of CIB Credit for EMEA’s credit risk framework, risk appetite portfolio monitoring and early warning frameworks in line with shareholders, client and regulatory expectations.
• To support Group Head to lead, manage, guide and develop a group of credit professionals responsible for leveraged finance, and other corporate credit of certain allocated sectors.
• To exercise delegated credit approval authority of up to USD75mln, and/or make recommendations to senior management on transaction specific files as well as continuously and actively monitoring the portfolio in line with internal policies and applicable regulatory guidelines.
• Taking an enterprise wide view to partner with the business to develop and set underwriting and risk appetite guidelines for new strategic or new product initiatives.

Key Responsibilities

• Conduct credit analysis of principally leveraged finance transactions, including engaging with FO due diligence calls, drafting of credit papers, application of rating methodology, preparation of comparative statistics, graphs and tables under the guidance of senior management.
• Monitor/review existing portfolio transactions and make recommendations in terms of credit and rating decisions.
• Work on ad‑hoc projects, as instructed by Group Head or senior management, to setup/adjust the risk criteria/policy and to improve the quality of portfolio.
• Follow the trend, market, and developments in certain allocated sectors/products, EMEA countries, players and financial/legal structures and share those with the team.
• Support the development of more junior colleagues in the team and share technical knowledge of certain allocated sectors/products.
• As required, prepare reports for Tokyo Head Office and European Headquarters as well as creating credit committee materials.
• To comply with all regulatory and compliance procedures.
• Responsible for meeting internal policy requirements.

Work Experience

Essential:

• Experience of working in tier 1 bank credit division covering Leveraged Finance, or experience of working on leverage finance transactions within a major rating agency, or working in Leveraged Finance front line team.

Preferred:

• Sufficient experience in alternative area if an applicant being single-experienced for either corporate or structured finance.
• Good experience in investment banking in credit or front office

Skills and Experience

Functional / Technical Competencies:

Essential

• Sufficient credit assessment and credit risk management skills
• Adequate relevant leveraged finance product experience with a deep area of credit specialism
• In depth knowledge of credit and risk principles, products, derivatives and management
• Sufficient experience in dealing with regulatory audits associated to credit
• Strong interpersonal skills with ability and experience to communicate to both senior management and junior members of staff.

Preferred:

Education / Qualifications:

Essential

• Bachelor Degree

Preferred:

• Masters Degree or equivalent, CFA qualification, recognized accountancy qualification.

Personal Requirements

• Excellent communication skills demonstrating the ability to articulate and implement the vision/strategy for CIB Credit for EMEA
• Results driven, with a strong sense of accountability
• A proactive, motivated, creative and innovative approach to work
• The ability to operate with urgency and prioritise work accordingly
• Strong decision making skills, the ability to demonstrate sound judgement
• Strong problem solving skills, and excellent interpersonal skills
• Excellent attention to detail and accuracy
• A calm approach, with the ability to perform well in a pressurized environment
• A confident approach, with the ability to provide clear direction to the team
• Excellent managerial/leadership ability to build and develop a first class credit team
• An enterprise‑wide strategic approach to the role of CIB Credit, with the ability to contribute strongly to a high performing team

PERFORMANCE AND DUTIES

The role holder will be assessed in accordance with their employing entity’s performance framework and process with relevant input obtained from the dual hatting entity as relevant.

As duties and responsibilities change, the job description will be reviewed and emended in consultation with the role holder. The role holder will carry out other duties as are within the scope, spirit and purpose of the role as requested by their line manager or Department Head.

MANAGING CONFLICTS OF INTEREST

• The role holder will have responsibilities for both MUFG Bank and MUFG Securities EMEA plc.
• The role holder will be required to perform their duties and responsibilities on an entity neutral basis, without favour.
• The role holder is required to follow regulatory requirements applicable to ensure each business is appropriately supported and to maintain the legal entity integrity of each of MUFG Bank and MUS.
• Working terms are dictated by functional mandates, the terms of the Dual‑Hat Arrangement Agreement in place between MUFG Bank and MUFG Securities EMEA plc and any other relevant agreements entered into between MUFG Bank and MUFG Securities EMEA plc.
• The role holder will have responsibility for identifying and resolving where there may be a difference or conflict in needs between MUFG Bank and MUFG Securities EMEA plc, escalating to their manager where required.

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.