MUFGUB

Associate, Financial Modelling - Project Finance

London Full time

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 leading financial groups. Across the globe, we’re 150,000 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.

OVERVIEW OF THE DEPARTMENT/SECTION

Within GCIB (Global Corporate & Investment Banking), ESFO (European Structured Finance Office) offers comprehensive advisory and debt arrangement for the non-recourse and limited recourse financing of long-term, capital intensive projects. Our specialist teams focus on a range of sectors, including power & renewables, infrastructure, natural resources and housing finance.

Within ESFO:

the Financial Advisory team (“GCIB Financial Advisory”) spans all sectors and aims to structure the most competitive and deliverable funding solution for our client base, evaluating all available funding sources in the market. These funding sources include commercial or multilateral banks, ECAs, institutional investors, private placements or public bond finance or a combination thereof. The team also provides credit ratings advisory services.

The Energy and Infrastructure teams have responsibility for the delivery and execution of the financing product in their respective sectors.

The JCIB (Japanese Corporate Investment Banking) Financial Advisory team will operate alongside the existing GCIB Financial Advisory team, with the same geographical and sector remit, delivering the advisory product specifically to projects where clients covered by JCIB have a controlling interest.

On projects jointly participated by clients covered by JCIB and GCIB, JCIB Financial Advisory and GCIB Financial Advisory teams will share responsibility.

* Work alongside industry experts on high-profile project finance transactions spanning multiple sectors such as energy, infrastructure, and renewables, gaining invaluable exposure to complex deal structures.

* Enjoy a collaborative workplace that prioritises professional development, offering ongoing training opportunities and the chance to mentor junior colleagues while building strong networks across departments.

* Benefit from flexible working arrangements and a culture that supports your growth, wellbeing, and career progression within an internationally recognised financial advisory environment.

What you'll do:

As an Associate Financial Modelling Project Finance specialist based in London, you will play a pivotal role in supporting the execution of complex project finance transactions across multiple sectors. Your day-to-day responsibilities will involve developing robust financial models tailored to client needs, reviewing external models for accuracy and resilience, and providing analytical support throughout all phases of the transaction process. You will be instrumental in mentoring junior colleagues, contributing to their professional growth while enhancing your own leadership skills. By collaborating with credit teams on cash flow analyses and engaging directly with clients on technical matters, you will help deliver bespoke funding solutions that meet diverse stakeholder requirements. Your ability to build relationships across departments will ensure seamless information flow and foster a culture of teamwork. In addition to technical tasks such as producing RORA calculations and preparing client presentations, you will also contribute to internal approval processes—ensuring every aspect of each transaction is thoroughly supported. This multifaceted role offers variety, challenge, and the satisfaction of making a tangible difference on high-impact projects.

* Design and construct intermediate to complex financial models for project and structured finance transactions with a particular focus on clients involved in large-scale capital projects.

* Respond promptly to day-to-day queries from clients or partner banks regarding financial models, ensuring clarity and accuracy during client meetings.

* Review financial models prepared by clients or other institutions, applying rigorous stress tests in partnership with deal teams to assess robustness under various scenarios.

* Support the Director and Vice President in executing advisory mandates by providing detailed modelling analysis and insights throughout the transaction lifecycle.

* Mentor and train junior team members, fostering their technical development and encouraging knowledge sharing within the group.

* Collaborate closely with credit function colleagues to coordinate comprehensive cash flow analysis papers that inform key investment decisions.

* Liaise directly with clients at peer level to communicate essential information, address routine queries, and maintain high standards of customer service.

* Build strong relationships across the organisation to establish a network of peers, gather relevant information efficiently, and promote effective inter-departmental cooperation.

* Produce RORA calculations and swap line analyses at different stages of each transaction cycle to support decision-making processes.

* Assist in preparing information memoranda and presentation materials for clients as well as supporting internal authorisation activities throughout approval processes.

What you bring:

To excel as an Associate Financial Modelling Project Finance specialist, you will bring substantial hands-on experience constructing detailed project finance models within reputable banking or consulting environments. Your background should include managing full-cycle model builds—engaging stakeholders at every stage—and applying your deep understanding of financial accounting principles within real-world project contexts. Your interpersonal skills will enable you to communicate complex concepts clearly while building trust-based relationships both internally and externally. A keen eye for detail ensures your work is consistently accurate even under tight deadlines. You are comfortable navigating multiple IT systems integral to structured finance operations. While formal accountancy or finance qualifications are beneficial, they are not essential if you possess equivalent practical expertise. Fluency in Japanese would be particularly valuable due to working with Japanese clients / Japanese speaking clients . Above all, your commitment to teamwork, willingness to share knowledge with colleagues at all levels, and passion for continuous learning will set you apart.

* Demonstrated commercial experience in building sophisticated project finance models within banking, consultancy (such as Big Four), sponsor organisations or similar financial institutions.

* Advanced proficiency in Microsoft Excel with proven ability to construct models from scratch tailored for large-scale financing transactions.

* Experience managing end-to-end model build processes including stakeholder engagement throughout model development cycles.

* Solid understanding of financial accounting principles combined with business awareness relevant to project financing environments.

* Excellent IT literacy enabling efficient use of core systems related to structured finance operations.

* Outstanding verbal and written communication skills allowing you to build credible relationships at all organisational levels.

* Meticulous attention to detail ensuring accuracy in all aspects of model construction and review processes.

* Ability to work independently when required while effectively prioritising tasks without direct supervision.

* Degree-level education or equivalent practical experience; accountancy or finance qualifications are advantageous but not mandatory.

* Fluency in Japanese is highly desirable given the international nature of many client engagements.

What sets MUFG apart:

This organisation stands out for its unwavering commitment to fostering an inclusive environment where every team member’s contribution is valued. The company’s approach centres around collaboration—encouraging open communication between departments so that knowledge flows freely across all levels. Employees benefit from flexible working arrangements designed to support work-life balance alongside generous training opportunities that nurture both technical expertise and personal growth. The firm’s reputation for excellence is built on its ability to deliver bespoke solutions for some of the world’s most ambitious infrastructure projects while maintaining a supportive atmosphere where individuals can flourish together. Whether you are seeking mentorship from seasoned professionals or eager to take on new challenges within a global context, this is an environment where your ambitions are matched by genuine support for your development journey.

What's next:

If you are ready to take your career in project finance modelling further within an inspiring advisory team environment, this is your moment—apply now!

Apply today by clicking on the link provided; we look forward to connecting with talented professionals who share our passion for excellence.

We are open to considering flexible working requests in line with organisational requirements.

MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.

We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.