MUFG Canada | Associate, Credit Underwriting and Portfolio Management - Middle Market Canada

Responsibilities

• We're seeking a Credit Risk Associate who will support our growing Portfolio Management Group (“PMG”) in providing credit coverage for Middle Market clients in Canada.
• You'll prepare detailed credit analyses and the required credit applications which include the evaluation of corporate, regulatory and industry risk, historical operating performance, projected operating performance, and capital structure.
• As an Associate, you'll assess risk factors associated with each credit and determine the appropriate risk ratings based on established policies and guidelines.
• You will support active credit management and new transaction underwriting utilizing solid credit and analytical skills, analyzing risks and mitigants, including monitoring credits for potential upgrades, downgrades or general credit deterioration with the goal of maximizing the bank’s net income while minimizing credit costs.
• Perform due diligence on new transactions as well as regularly scheduled evaluation of the existing loan portfolio.
• Coordinate and communicate account information across various constituencies throughout the organization.
• Responsible for knowledge of particular industries and all current events in assigned portfolio utilizing internal and external sources.
• Oversee covenants compliance database and facility closing due diligence, including documentation.
• Participate in special projects as assigned.
• Work within a deal team environment (with Global Relationship Managers, Credit Administration, Sponsor Coverage, and Capital Markets) to support the development and analysis of financing structures/strategies.
• Support credit analysis for structured credit transactions (derivatives transactions, receivable securitizations).
• Conduct site visits and participate in client and bank meetings as necessary.
• Support the communication with the credit approval division including final hold level strategies to ensure alignment of risk strategy and policy.
• Evaluate and establish appropriate ratings for transactions and correlate appropriate exposure level with regard to exposure on both a transaction and group level.
• Ensure compliance with policy and regulatory requirements.
• Attend client meetings when appropriate.

Requirements

• Bachelor's degree required; degree in Finance, Accounting, Economics, or related field preferred (CFA or MBA is a plus).
• 2-4 year experience in commercial banking, corporate banking, private credit, credit risk management or related financial services roles.
• Foundational understanding of corporate finance, accounting, financial statements, cash flow analysis, and credit risk fundamentals.
• Strong quantitative, analytical, and problem-solving skills with high attention to detail.
• Experience with three-statement financial modeling, valuation, and credit analysis.
• Ability to interpret business performance, industry trends, and transaction structures with guidance from senior team members.
• Strong written and verbal communication skills, including the ability to summarize analysis clearly and concisely.
• Ability to work collaboratively, manage multiple priorities, meet deadlines, and respond effectively in a fast-paced environment.
• Other duties and responsibilities not specifically described may be assigned from time to time, consistent with knowledge, skills and abilities of the incumbent.

MUFG Canada

MUFG Canada is an employer hiring in India.

Its finance, accounts, audit and tax openings in India are mostly in Toronto.