Vice President, Credit Manager (Corporate and Leverage Finance)

MUFG Americas; London; On-site; GBP 50,000 - 90,000; Full time

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.

Your Potential. Your Opportunity.

MUFG is as committed to your future as you are. It's part of our culture to put people first, and that means focusing on you. Whether your goal is to advance your career, tackle new roles within financial services, refine your knowledge as a subject matter expert, or move and work abroad, MUFG provides you with the opportunity to chart your course toward career success. Invest in your potential by taking positive steps to advance your career and pursue your next opportunity with us!

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

CIB Credit 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 Finance, 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.

Main Purpose of the Role

• To support the CIB Credit Group Heads and Head of Credit to develop and maintain a sound portfolio within the credit appetite of the EMEA region, and in line with regulatory requirements.
• To assess the credit of obligors in specific sectors/ regions and make recommendations on borrower ratings and transactions for decision-making by relevant senior management with discretionary authority.

Key Responsibilities

• Primarily, you will be accountable and responsible for taking appropriate action with respect to the Sponsor Leveraged Finance business:
  • Reviewing credit applications received and making 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. Ensure a high quality of written and verbal work.
  • Responsible for making balanced, timely and thoughtful credit decisions within the firm’s risk appetite.
  • Responsible for proactive solutions driven engagement with front line on deal specific and/or strategic developments through guidance, direction, feedback and identification of red flags or breaches of internal guidelines and policies. Escalating issues to Directors or the Group Head as appropriate.
  • Responsible as a VP within CIB Credit for EMEA for supporting strategic initiatives.
  • Responsible for developing knowledge of the various types of industries, sectors, countries, players and financial and legal structures within Sponsor Leverage Finance and commitment to further learning.
  • Demonstrate the Risk Culture Pillars; taking accountability for identifying and mitigating risk; actively managing risk within the department; remaining curious by taking proactive ownership; role modelling the risk partnership with colleagues in 1LOD and 2LOD; and being willing to challenge existing practice and be proactive and positive to change.
  • Responsible for representing the credit division at internal forums within the region.

Work Experience

• Credit experience in a global banking environment, corporate banking or investment banking institution, working on leverage finance transactions.

Skills and Experience

Functional / Technical Competencies:

Essential

• In depth knowledge of credit and risk principles, products and management.
• Strong analytical skills with ability to identify key issues.
• Adequate relevant leveraged finance product /knowledge experience
• Ability to communicate both in writing and verbally clearly and concisely.

Education / Qualifications:

• Bachelor degree or equivalent

Personal Requirements

• Excellent communication skills
• 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
• A structured and logical approach to work
• Strong problem solving skills
• A creative and innovative approach to work
• Excellent interpersonal skills
• 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.