Credit Vice President, Portfolio Management Group - Healthcare Banking

$175,000 - $190,000/Yr

MUFG Bank - New York, NY

Full-time - Mid Level

New York, NY

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. A member of our recruitment team will provide more details. The Healthcare Industry Group structures and underwrites loan facilities for a variety of businesses who are in the healthcare industry. As a Credit Risk Manager, you will be part of the Portfolio Management Team supporting the Healthcare lending business. 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.

Responsibilities

• Evaluate prospects and analyze structure of complex financing transactions for new and existing clients in the Healthcare industry vertical.
• Underwrite new bank debt transactions according to established policies and guidelines for non-investment grade clients and prospects.
• 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.
• Active portfolio management of designated customers.
• 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.
• Prepare detailed credit analysis and credit applications in accordance with GCP, Credit Rules for Overseas Offices and company's Procedure Manual, evaluating the borrower's industry/business/legal/financial risks and recommending extensions of credit 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.
• Directly and independently communicate with credit division and ensure it is provided with all related information/analysis pertinent to making a decision with little support from management.
• Ensure compliance with external regulatory/internal policy and procedural requirements.
• Participate in ad-hoc policy meetings to enhance organization wide credit risk framework.
• Support and mentor junior analysts in credit risk management process.
• Train and support junior analysts on OJT basis as assigned by MD or VP/Team Leader.
• Guide junior analysis in completing complex assignments.
• Study, develop and enhance analytical skills of the team through close communication.

Requirements

• Bachelor's degree, a CFA is an asset, an MBA and/or degree in Finance, Accounting, or Economics preferred but not required.
• 5+ years of corporate lending experience, Healthcare experience preferred.
• Strong credit skills and extensive 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.
• Completion of formal credit training program is a decisive asset.

Nice-to-haves

• CFA designation is a plus.

Benefits

• Health insurance
• Paid parental leave
• Parental leave
• Retirement plan
• Tuition reimbursement