Credit Officer Financial Institutions

We are currently recruiting for a Credit Officer Financial Institutions in Amsterdam. 

About MUFG  

Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,000 locations in more than 40 countries. The Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to “be the world’s most trusted financial group” through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges. For more information, visit https://www.mufg.jp/english. 

About MUFG Bank (Europe) N.V. 

MUFG Bank (Europe) N.V. (MBE) is a fully-owned subsidiary of MUFG Bank, headquartered in Amsterdam. With offices throughout Europe, our teams provide clients with comprehensive financing solutions spanning Coverage & Structured Finance, Capital Markets and Transaction Banking, using MUFG’s global reach to provide bespoke solutions. With 73 green, sustainability, sustainability-linked and transition bond tranches in 2021 and 51 sustainability-linked loans in EMEA in 2021, MUFG is committed to supporting clients to achieve sustainable business growth. 

Please visit our website for more information – https://www.mufgemea.com/mbe 

Your impact at MUFG 

MBE FI Credit is a credit risk team within MBE Credit Office. It is  responsible for credit risk management inclusive of review and approval of banks, insurance companies, funds and structured finance business within Continental Europe. The team operates in conjunction with the Financial Institutions Credit Office (FICO) team which is based in London covering EMEA region. 

Function positioning 

Credit office is a 2nd line of defence function responsible for corporate banking credit for Japanese as well as non-Japanese corporates financial institutions and sovereigns. 

Its major functions are outlined as follows: 

• Assessment and management of credit risks and related risks 

• Monitoring, reporting and early action  

• Portfolio analysis and management 

The role includes the following: 

• Assess rating and credit proposal for Banks, Re/Insurance, Securitisation, Financial Sponsors in support for commercial banking and global markets relationships 

• Identify risk issues to reach a reasoned conclusion leading to recommendations for Senior Management approval 

• Credit counterpart to the 1st Line of Defense (“1LoD”) sector/vertical heads, relationship managers and applicable product offices, including divisional heads/General Managers where necessary 

• Role involves working with EMEA Credit teams located outside of MBE, especially partnering with the Credit team based in London. 

• Provide timely and succinct advice or briefings (in verbal or written form) to senior management. 

• Proactive solutions driven engagement with front line on deal specific and/or strategic developments through expert guidance, direction, feedback and identification of red flags or breaches of internal guidelines and policies. 

• Challenge credit recommendations and proposed deals to ensure appropriate balance between return and use of capital funds. 

• Support continuous development of MBE’s credit risk framework, risk appetite, portfolio monitoring and early warning frameworks in line with shareholder, client and regulatory expectations. 

• Keep up to date on relevant markets and sectors and monitor the portfolio to anticipate problems. Take necessary early pro-active steps to minimize potential losses. 

• Active contribution in discussions with the business relating to any relevant developments and potential client needs on a more strategic level relating to relevant products. 

• Active participation in discussion forums and on project teams, providing input from a credit perspective, as necessary. 

In order to be successful in the role, you will need the following: 

• Relevant experience in credit risk with a focus on traditional FIs (Banks; Insurance Companies; NBFI) credit analysis. 

• Work experience in the financial services industry and sound understanding of regulatory requirements related to the credit recommendations and monitoring process 

• +7 years’ experience in Credit Risk Management. 

• Ample experience in investment banking in credit or front office role. 

• Good understanding of corporate banking, correspondence banking and traded products covering corporate lending, derivatives and trade finance. 

• Experience from opening to legal documentation from a credit perspective across loan; guarantee and traded products perspective. 

• Familiarity with key regulatory frameworks and relevant banking regulation that impact credit risk management.   

• Strong analytical skills on how to assess FIs (Banks; Insurance Companies, NBFI). 

• In-depth knowledge of credit and risk principles, products, derivatives and management.  

• Strong interpersonal skills – the role demands close liaison with other credit divisions, front offices and senior management; proactively develop and maintain such relationships. 

• Working knowledge of legal documentation (ISDA/CSA/IM/GMRA/GMSLA/CDEA) and key credit clauses. 

• Experience in Fund Financing and Securitization loan documentation is considered a plus. 

• Sufficient experience in alternative areas if an applicant being single-experienced. 

Personal requirements:  

Integrity and Responsibility 

• Balance Risk with Opportunity 

• Customer Focus 

• Demonstrate Global Perspective 

• Professionalism and Teamwork 

• Drive For Results 

• Collaborate and Build Partnerships 

• Communicate Effectively and Professionally 

Challenge Ourselves to Grow 

• Influence and Inspire Others 

• Lead Change & Seek Continuous Improvement 

• Think Strategically 

• Manage and Develop Talent 

What do we have to offer: 

We offer you a role in one of the largest banks of the world in a growing and international environment.  You have various opportunities to develop yourself and we will support you with that by offering various training and development possibilities.  

• We take into account your home situation and your ambitions and help you to balance work and private life.  

• Monthly team events.  

• To work in an ambitious, international environment with colleagues from different countries and cultures who strive for the best.  

Besides that we will offer you: 

• Gross salary based on experience and consistent with the market   

• 8% holiday allowance and 13th month payment.  

• 30 vacation days per year. Optional you can buy 15 additional days.  

• Commuting allowance based on annual public transport 2nd class, most economical way, or € 0,23 per km with a max of 75 km one way.   

• € 5,00 net remote working compensation per day, with a maximum of € 60,00 per month.  

• Possibility to order a mobile phone (up to € 800,-)  

• Possibility to order Office Equipment’s for the home office, (up to € 500,-)  

• Remote Working Policy i.e. Working From Home (WFH) and Remote Working in another Country.  

• Bicycle plan (fiscal benefit)  

• Company fitness (fiscal benefit)  

• Mental health workshops and budget for external courses (i.e. Dutch language classes).  

• Employee contribution towards Pension insurance (max 5%, currently 2%), our pension scheme is based on a defined contribution scheme.  

• Training & development possibilities paid by the bank  

Additional information:  

This position will be open for applications until December 2nd, 2025. 

Acquisition in response to this vacancy is not appreciated.  

The role is based in the Netherlands. All candidates need to be willing to relocate to the Netherlands. Internal employees will be supported in case of relocation.