MUFG Canada | Associate/Assistant Vice President - Credit Underwriting and Portfolio Management – Financial Institutions Group (FIG)

Responsibilities

• We're seeking a Credit Risk Associate who will be part of our growing Portfolio Management Group.
• The job description and related application pertains to an opportunity with either MUFG Bank, Ltd., Canada Branch (“MUFG Bank Canada”) or MUFG Securities (Canada), Ltd.
• The job description relates to the general nature, scope, quantity and quality of work contemplated for the position.
• Other duties and responsibilities not specifically described may be assigned from time to time, consistent with knowledge, skills and abilities of the incumbent.
• Where MUFG Bank Canada obtains information relating to protected grounds under the Canadian Human Rights Act as part of the application process, it does so to monitor and otherwise evaluate its own compliance with such legislation and associated regulatory requirements; MUFG Bank Canada does not use such information for decision making purposes relating to the position contemplated in this application.
• You will prepare and evaluate credit proposals and make recommendations to management on credit approval.
• You’ll be also monitoring the client financial, industry and credit trends regularly.
• 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.
• 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.

Requirements

• Experience in Financial Institutions credit analysis and financial markets.
• Knowledge of credit and risk principles and legal and compliance regulations pertinent to lending.
• Strong financial spreading/modeling and analytical skills.
• Experience in analyzing corporate credit and financing transactions.
• Strong written, verbal and interpersonal skills.
• Proficiency in Microsoft Office (Word, Excel, PowerPoint).

MUFG Canada

MUFG Canada is an employer hiring in India.

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