Credit Risk Manager II - Director

MUFG Bank, Ltd.; New York (NY); Hybrid; USD 200,000 - 300,000; Full time

Job summary

An established industry player is seeking a Senior Credit Officer to join their dynamic team. This role involves critical oversight of credit risks related to structured solutions, FX, and derivatives, ensuring robust risk management practices. The ideal candidate will bring over a decade of experience in structured credit, demonstrating expertise in asset-based financing and strong communication skills. Join a forward-thinking organization that values innovation and offers a competitive salary package, along with comprehensive benefits to support your professional growth and well-being.

Benefits

Health Insurance

Retirement Plan

Education Benefits

Paid Leave

Qualifications

• 10+ years of experience in structured credit or counterparty credit roles.
• Expertise in asset-based financing structures and complex transaction assessment.

Responsibilities

• Review and approve transactions as a Senior Credit Officer.
• Collaborate with Front Office teams on structuring and underwriting processes.
• Support establishing trading limits for FX and derivatives.

Skills

Structured Credit

Counterparty Credit Assessment

Risk Management

Communication 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. We are a global team of 120,000 colleagues committed to making a difference for clients, organizations, and communities. Our values focus on building long-term relationships, serving society, and promoting sustainable growth for a better world.

Our vision is to be the world's most trusted financial group. We prioritize putting people first, embracing diverse ideas, and fostering innovation through collaboration. We invest in talent, technology, and tools that empower your career development.

Join MUFG, where inspiration is expected and meaningful impact is rewarded.

The successful candidate will work at an MUFG office or client site four days a week and remotely one day. Further details will be provided by our recruitment team.

Job Summary:

The Senior Credit Officer in the second line of defense reviews, challenges, and approves transactions, acting as the primary contact with Front Office Business and Risk/Underwriting teams. This role supports structured solutions businesses, focusing on credit risks related to FX, derivatives, and private equity funds. The candidate will oversee a portfolio of clients in these areas.

Major Responsibilities:

1. Structured Solutions Coverage: Responsible for credit exposures from structured credit transactions involving various assets, including corporate credit and LP interests in PE funds. Collaborates with Front Office teams on structuring, underwriting, and review processes.
2. Structuring and Underwriting: Works with Business Lines to identify prospective transactions aligning with MUFG risk appetite, assesses structural risks, participates in client due diligence, and provides oversight on existing portfolios.
3. Counterparty Credit Support: Supports establishing trading limits for FX and derivatives for fund and FIG counterparties, ensuring documentation and risk mitigation align with MUFG standards, and providing independent credit risk assessments.

Requirements:

• Bachelor's degree in a related field.
• 10+ years of experience in structured credit or counterparty credit roles, either in the first or second line of defense, on buy or sell sides.
• Expertise in asset-based financing structures, market terms, and complex transaction assessment across collateral types.
• Experience in a risk management role within a financial institution is advantageous.
• Strong communication skills in both written and verbal formats.

The role offers a base salary range of $200K - $300K, with potential bonuses and comprehensive benefits, including health, retirement, education, and paid leave. Details on our Total Rewards program can be found via the provided link.

MUFG Benefits Summary:

We consider all qualified applicants, including those with criminal histories, in accordance with applicable laws and regulations. Our employment practices are committed to diversity and equal opportunity, and we do not discriminate based on protected statuses.