MUFG Americas
Credit Risk Management, Director
MUFG Americas, Chicago, Illinois, United States, 60290
Do you want your voice heard and your actions to count?Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s 10 largest financial institutions according to S&P Global. 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.Position Summary:
The Credit Risk Management, Director will be responsible for overseeing the corporate lending activities and managing the credit portfolio; maintaining comprehensive knowledge of the companies in his/her portfolio and expected to be a Subject Matter Expert for the Healthcare industry. This includes assessing credit risk, reviewing/opining on loan structures, and ensuring the overall health of the portfolio. The candidate is expected to balance new deal flow alongside proactive portfolio management, providing credit recommendations, assigning risk ratings, and identifying credit-related and regulatory issues on a timely basis. The ideal candidate will have a strong background in corporate finance, risk management, and portfolio management. The candidate may manage junior team members, with responsibility for their development and for providing quality control for credit applications and/or approval memos.Essential Functions:
Active portfolio management of designated portfolio
Evaluate and analyze creditworthiness of corporate clients; responsible for monitoring and managing the Healthcare corporate lending portfolio as a credit officerMaintain an in-depth knowledge of company/sector via detailed financial statement analysis, industry assessments, and market trend analysisEnsure timely and accurate ratings as well as the timely completion of all transaction memos and regularly scheduled reviewsCoordinate regular portfolio reviews to identify and mitigate potential risksCollaborate proactively with the business line, product groups, and related parties to develop strategies for portfolio diversification and risk mitigationParticipate in special assignments and projects as requiredRepresent his/her Group Head in meetings and other duties as required
Deal Support
Work with the business line, product groups, and related parties to identify and mitigate structural and other risks in prospective transactionsAdvise the business line on credit risk issues/terms and conditions to create the best possible transaction, focusing on the risk/return dynamic and on minimizing potential credit costsEvaluate credit opportunities. Either manage the preparation of detailed credit applications/approval memos, or prepare them directly in accordance with appropriate policies and procedures, evaluating the borrower’s industry/business/legal/financial risksPrepare and present credit proposals to the credit committee; provide recommendations to managementDirectly 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 managementOversee the underwriting function within your respective portfolio, ensuring all deadlines are met while adhering to all underwriting policies and procedures, when applicable.Manage a team of junior credit officers, including the allocation of workloads, career path development and recruitment, when necessary
Policy Compliance
Ensure all lending activities are in compliance with external regulatory/internal policy and procedural requirementsParticipate in ad-hoc policy meetings to enhance organization-wide credit risk frameworkStay updated with regulatory changes and industry best practices
Experience/Abilities:
In-depth knowledge of all elements of credit and risk principlesCapability to independently handle complex transactions, sensitive borrowersPrevious experience in financial institutions, preferably 10+ years in credit and risk-related functions analyzing corporatesPreferably 5+ years of Healthcare industry specific experience/knowledge with a focus on middle market clientsIn-depth knowledge of general corporate credit analysis, credit/risk management, underwriting leveraged loans and conducting valuation analysesAbility to build complex financial models to assess the customer’s repayment abilityIn-depth knowledge of loan documentation and structural risks in corporate financeExperience interacting with regulators as part of ongoing reviews/examinationsEstablished coaching skillsEducation:
Bachelor’s Degree highly desiredThe typical base pay range for this role is between $180K - $250K depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays.We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws.We are proud to be an Equal Opportunity Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business.
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The Credit Risk Management, Director will be responsible for overseeing the corporate lending activities and managing the credit portfolio; maintaining comprehensive knowledge of the companies in his/her portfolio and expected to be a Subject Matter Expert for the Healthcare industry. This includes assessing credit risk, reviewing/opining on loan structures, and ensuring the overall health of the portfolio. The candidate is expected to balance new deal flow alongside proactive portfolio management, providing credit recommendations, assigning risk ratings, and identifying credit-related and regulatory issues on a timely basis. The ideal candidate will have a strong background in corporate finance, risk management, and portfolio management. The candidate may manage junior team members, with responsibility for their development and for providing quality control for credit applications and/or approval memos.Essential Functions:
Active portfolio management of designated portfolio
Evaluate and analyze creditworthiness of corporate clients; responsible for monitoring and managing the Healthcare corporate lending portfolio as a credit officerMaintain an in-depth knowledge of company/sector via detailed financial statement analysis, industry assessments, and market trend analysisEnsure timely and accurate ratings as well as the timely completion of all transaction memos and regularly scheduled reviewsCoordinate regular portfolio reviews to identify and mitigate potential risksCollaborate proactively with the business line, product groups, and related parties to develop strategies for portfolio diversification and risk mitigationParticipate in special assignments and projects as requiredRepresent his/her Group Head in meetings and other duties as required
Deal Support
Work with the business line, product groups, and related parties to identify and mitigate structural and other risks in prospective transactionsAdvise the business line on credit risk issues/terms and conditions to create the best possible transaction, focusing on the risk/return dynamic and on minimizing potential credit costsEvaluate credit opportunities. Either manage the preparation of detailed credit applications/approval memos, or prepare them directly in accordance with appropriate policies and procedures, evaluating the borrower’s industry/business/legal/financial risksPrepare and present credit proposals to the credit committee; provide recommendations to managementDirectly 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 managementOversee the underwriting function within your respective portfolio, ensuring all deadlines are met while adhering to all underwriting policies and procedures, when applicable.Manage a team of junior credit officers, including the allocation of workloads, career path development and recruitment, when necessary
Policy Compliance
Ensure all lending activities are in compliance with external regulatory/internal policy and procedural requirementsParticipate in ad-hoc policy meetings to enhance organization-wide credit risk frameworkStay updated with regulatory changes and industry best practices
Experience/Abilities:
In-depth knowledge of all elements of credit and risk principlesCapability to independently handle complex transactions, sensitive borrowersPrevious experience in financial institutions, preferably 10+ years in credit and risk-related functions analyzing corporatesPreferably 5+ years of Healthcare industry specific experience/knowledge with a focus on middle market clientsIn-depth knowledge of general corporate credit analysis, credit/risk management, underwriting leveraged loans and conducting valuation analysesAbility to build complex financial models to assess the customer’s repayment abilityIn-depth knowledge of loan documentation and structural risks in corporate financeExperience interacting with regulators as part of ongoing reviews/examinationsEstablished coaching skillsEducation:
Bachelor’s Degree highly desiredThe typical base pay range for this role is between $180K - $250K depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays.We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws.We are proud to be an Equal Opportunity Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business.
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