MUFG Bank - Los Angeles, CA

posted 3 months ago

Full-time - Entry Level
Los Angeles, CA
10,001+ employees
Credit Intermediation and Related Activities

About the position

Do you want your voice heard and your actions to count? Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we're 120,000 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. The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. We're seeking a Credit Risk Associate who will be part of our growing Portfolio Management Group. You will focus on underwriting and portfolio management for clients in the Diversified Industries sector (Consumer, Retail, Environmental Services, Engineering, Construction, etc.) for non-investment grade public and privately owned corporate borrowers. As an Associate, you will be supporting senior portfolio managers in underwriting new debt transactions, follow-on financings for portfolio accounts, and monitoring portfolio account performance for potential upgrades, downgrades, and credit deterioration, with the goal of maximizing net income and reducing credit costs.

Responsibilities

  • Support senior portfolio managers in the credit analysis and management of the Non-Investment Grade corporate credits, focusing on Consumer & Retail and Environmental Services industries.
  • Perform due diligence on new transactions as well as regularly scheduled evaluation of the existing loan portfolios.
  • Prepare detailed credit analyses and the required credit applications which include the evaluation of corporate, regulatory and industry risk, companies' historical operating performance, projected operating performance, transaction and capital structure.
  • Perform financial modeling for both the credit application process and scheduled reviews.
  • Coordinate and communicate account information across various constituencies throughout the organization.
  • Understand and constantly broaden knowledge of industries represented in portfolio, including technical aspects and regulatory issues utilizing internal and external sources.
  • Oversee facility closing due diligence, including documentation.
  • Attend client and bank meetings as necessary.
  • Participate in special projects as assigned.
  • Work within a deal team environment supporting the development and analysis of financing structure and strategies.
  • Prescreen proposed transactions to identify critical structural issues and risks, balancing institutional policy with business development needs.
  • Support credit analysis for structured credit transactions (derivatives transactions, receivable securitizations).
  • Ensure compliance with policy and regulatory requirements.
  • Evaluate and establish appropriate ratings for transactions and correlate appropriate exposure level with regards to exposure on both a transaction and group level.
  • Support the communication with the credit approval division, including final hold level strategies to ensure alignment of risk strategy and policy.

Requirements

  • Bachelor's degree in finance, accounting, business or economics (CFA and/or MBA is a plus)
  • Completion of formal credit-training program at a money center bank is preferred
  • 3-5 years of experience within a financial institution (analyzing corporate clients' risk and credit profiles), accounting firm or rating agency
  • Strong financial spreading/analysis and modeling skills
  • Strong written, verbal and interpersonal skills
  • Microsoft Word, Excel, and PowerPoint proficiency
  • Able to work independently, demonstrate strong time management skills, and manage multiple assignments simultaneously.

Nice-to-haves

  • CFA and/or MBA is a plus
  • Completion of formal credit-training program at a money center bank is preferred.

Benefits

  • Health insurance
  • Paid parental leave
  • Parental leave
  • Retirement plan
  • Tuition reimbursement
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service