MUFG US | Vice President - Underwriting & Portfolio Management - Power & Utilities

Responsibilities

• We're seeking a Credit Vice President who will be part of our growing corporate Power & Utilities Portfolio Management team.
• As a Vice President, you will be responsible for active credit management of a designated portfolio utilizing solid credit and analytical skills, providing continuous oversight of portfolio names, monitoring for potential risk and regulatory rating changes and proactively identifying credit deterioration with the goal of maximizing net income and reducing credit costs.
• Study, develop and enhance analytical skills of the team through close communication
• This role will be eligible for certain discretionary performance-based bonus and/or incentive compensation.
• The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.
• You will focus on underwriting and portfolio management in the Power & Utilities vertical lending business for investment grade & non-investment grade, leverage finance, and sponsor-based clients.
• Evaluate prospects and analyze structure of complex financing transactions for new and existing clients within the Power & Utilities vertical.
• Manage a portfolio of corporate clients, including periodic reviews and communication of account information across various constituencies throughout the organization.
• Prepare cash flow projections to assess the debt repayment capacity of borrowers.
• Review loan documentation and facilitate the closing of transactions.
• Coordinate the deal process with credit partners in CDA (Credit Division of the Americas), relationship managers in GRM (Global Relationship Management), and various product partners.
• Train and guide the junior members of the team.
• Responsible for the management of a portfolio in the Power & Utilities vertical, including regulated electric and gas utilities, independent power producers, project developers and renewable energy holdings companies.
• Perform due diligence and regularly scheduled reviews.
• Analyze credit risk of the designated portfolio, determine accurate ratings and make recommendations of accurate and timely ratings to management.
• Coordinate and communicate critical account information independently and directly to various related parties throughout the bank, business line, product groups and credit divisions.
• Maintain direct communication with assigned customers.
• Work with business lines/product groups to identify prospective transactions.
• Identify structural risks and mitigate in prospective transactions and recommend/enhance structuring of deals and covenant in line with policies and procedures.
• Advise account officers on credit risk issues/terms and conditions to create a best possible deal with a goal of maximizing profit and minimizing credit cost.
• Ensure compliance with external regulatory/internal policy and procedural requirements.
• Participate in ad-hoc policy meetings to enhance organization wide credit risk framework.
• Train and support junior analysts on OJT basis as assigned by MD or Director/Team Leader.
• Guide junior analysts in completing complex assignments.
• Underwrite new bank debt transactions according to established policies and guidelines for non-investment grade clients and prospects

Skills & experience

• Bachelor’s degree, CFA is an asset, an MBA and/or degree in Finance, Accounting, or Economics preferred but not required.
• Understanding of the power and utility sector, ESG trends or other related work experience is preferred.
• Strong credit skills and extensive financial modeling skills.
• Knowledge of standard bank products including loans, letters of credit, derivatives, foreign exchange, securitization and leasing.
• Strong written, verbal and interpersonal skills.
• The ability to manage multiple priorities.
• Effective communication skills and ability to work with senior credit officers, business partners, and clients.
• The typical base pay range for this role is between $170K - $190K depending on job-related knowledge, skills, experience and location.
• They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.

MUFG US

MUFG US is an employer hiring in India.

Its finance, accounts, audit and tax openings in India are mostly in New York, Tampa, Los Angeles and Irving.