Credit Officer Financial Institutions

MUFG Americas; Amsterdam; On-site; EUR 70.000 - 90.000; Full time

Job summary

A leading global financial institution is seeking a Credit Officer for Financial Institutions in Amsterdam. The role involves assessing and managing credit risks for banks and insurance companies, necessitating strong analytical skills and over 7 years of experience in credit risk management. Competitive compensation and opportunities for professional development are offered.

Benefits

30 vacation days per year

8% holiday allowance

Training & development possibilities

Qualifications

• 7+ years of experience in Credit Risk Management.
• Solid understanding of corporate banking and derivatives.
• Strong analytical skills to assess financial institutions.

Responsibilities

• Assess credit proposals for banks and insurance companies.
• Identify and report risk issues to senior management.
• Monitor and analyze credit portfolios proactively.

Skills

Credit risk management

Analytical skills

Interpersonal skills

Education

Bachelor's degree in Finance or related field

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.

Would you like to work for one of the World's largest banks in an exciting, dynamic and international environment?

We are currently recruiting for a Credit Officer Financial Institutions in Amsterdam.

About MUFG

Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,000 locations in more than 40 countries. The Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to “be the world’s most trusted financial group” through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges. For more information, visit https://www.mufg.jp/english.

About MUFG Bank (Europe) N.V.

MUFG Bank (Europe) N.V. (MBE) is a fully-owned subsidiary of MUFG Bank, headquartered in Amsterdam. With offices throughout Europe, our teams provide clients with comprehensive financing solutions spanning Coverage & Structured Finance, Capital Markets and Transaction Banking, using MUFG’s global reach to provide bespoke solutions. With 73 green, sustainability, sustainability-linked and transition bond tranches in 2021 and 51 sustainability-linked loans in EMEA in 2021, MUFG is committed to supporting clients to achieve sustainable business growth.

Please visit our website for more information – https://www.mufgemea.com/mbe

Your impact at MUFG

MBE FI Credit is a credit risk team within MBE Credit Office. It is responsible for credit risk management inclusive of review and approval of banks, insurance companies, funds and structured finance business within Continental Europe. The team operates in conjunction with the Financial Institutions Credit Office (FICO) team which is based in London covering EMEA region.

Function positioning

Credit office is a 2 nd line of defence function responsible for corporate banking credit for Japanese as well as non-Japanese corporates financial institutions and sovereigns.

• Assessment and management of credit risks and related risks
• Monitoring, reporting and early action
• Portfolio analysis and management

The role includes the following

• Assess rating and credit proposal for Banks, Re/Insurance, Securitisation, Financial Sponsors in support for commercial banking and global markets relationships
• Identify risk issues to reach a reasoned conclusion leading to recommendations for Senior Management approval
• Credit counterpart to the 1st Line of Defense (“1LoD”) sector/vertical heads, relationship managers and applicable product offices, including divisional heads/General Managers where necessary
• Role involves working with EMEA Credit teams located outside of MBE, especially partnering with the Credit team based in London.
• Provide timely and succinct advice or briefings (in verbal or written form) to senior management.
• Proactive solutions driven engagement with front line on deal specific and/or strategic developments through expert guidance, direction, feedback and identification of red flags or breaches of internal guidelines and policies.
• Challenge credit recommendations and proposed deals to ensure appropriate balance between return and use of capital funds.
• Support continuous development of MBE’s credit risk framework, risk appetite, portfolio monitoring and early warning frameworks in line with shareholder, client and regulatory expectations.
• Keep up to date on relevant markets and sectors and monitor the portfolio to anticipate problems. Take necessary early pro-active steps to minimize potential losses.
• Active contribution in discussions with the business relating to any relevant developments and potential client needs on a more strategic level relating to relevant products.
• Active participation in discussion forums and on project teams, providing input from a credit perspective, as necessary.

In order to be successful in the role, you will need the following

• Relevant experience in credit risk with a focus on traditional FIs (Banks; Insurance Companies; NBFI) credit analysis.
• Work experience in the financial services industry and sound understanding of regulatory requirements related to the credit recommendations and monitoring process.
• +7 years’ experience in Credit Risk Management.
• Ample experience in investment banking in credit or front office role.
• Good understanding of corporate banking, correspondence banking and traded products covering corporate lending, derivatives and trade finance.
• Experience from opening to legal documentation from a credit perspective across loan; guarantee and traded products perspective.
• Familiarity with key regulatory frameworks and relevant banking regulation that impact credit risk management.
• Strong analytical skills on how to assess FIs (Banks; Insurance Companies, NBFI).
• In-depth knowledge of credit and risk principles, products, derivatives and management.
• Strong interpersonal skills – the role demands close liaison with other credit divisions, front offices and senior management; proactively develop and maintain such relationships.
• Working knowledge of legal documentation (ISDA/CSA/IM/GMRA/GMSLA/CDEA) and key credit clauses.
• Experience in Fund Financing and Securitization loan documentation is considered a plus.
• Sufficient experience in alternative areas if an applicant being single-experienced.

Personal requirements

Integrity and Responsibility

• Balance Risk with Opportunity
• Customer Focus
• Demonstrate Global Perspective
• Professionalism and Teamwork
• Drive For Results
• Collaborate and Build Partnerships
• Communicate Effectively and Professionally

Challenge Ourselves to Grow

• Influence and Inspire Others
• Lead Change & Seek Continuous Improvement
• Think Strategically
• Manage and Develop Talent

What do we have to offer

We offer you a role in one of the largest banks of the world in a growing and international environment. You have various opportunities to develop yourself and we will support you with that by offering various training and development possibilities.

• We take into account your home situation and your ambitions and help you to balance work and private life.
• Monthly team events.
• To work in an ambitious, international environment with colleagues from different countries and cultures who strive for the best.

Besides that we will offer you

• Gross salary based on experience and consistent with the market
• 8% holiday allowance and 13th month payment.
• 30 vacation days per year. Optional you can buy 15 additional days.
• Commuting allowance based on annual public transport 2nd class, most economical way, or € 0,23 per km with a max of 75 km one way.
• € 5,00 net remote working compensation per day, with a maximum of € 60,00 per month.
• Possibility to order a mobile phone (up to € 800,-)
• Possibility to order Office Equipment’s for the home office, (up to € 500,-)
• Remote Working Policy i.e. Working From Home (WFH) and Remote Working in another Country.
• Bicycle plan (fiscal benefit)
• Company fitness (fiscal benefit)
• Mental health workshops and budget for external courses (i.e. Dutch language classes).
• Employee contribution towards Pension insurance (max 5%, currently 2%), our pension scheme is based on a defined contribution scheme.
• Training & development possibilities paid by the bank

Additional information

This position will be open for applications until December 2nd, 2025.

Acquisition in response to this vacancy is not appreciated.

The role is based in the Netherlands. All candidates need to be willing to relocate to the Netherlands. Internal employees will be supported in case of relocation.

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.