Credit Risk Manager II

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.

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.

Responsibilities:

Operate Credit & Risk organization to maintain a sound risk management framework.

• Operate internal frameworks. Develop an effective and efficient risk management framework in line with the risk appetite pursued under MUFG’s business activities.
• Responsible for extensive knowledge of country/risk factors on a macro level and informing direct reports of such information.
• Responsible for detailed knowledge of industries and all current events in assigned portfolio utilizing internal and external sources.
• Incumbents at this level may manage a department, product, or process with a large amount of independence. Typically referred to as technical expert and known internally and externally as reliable, knowledgeable resource.
• Develops and exercises business plans, policies and procedures and may also be responsible for various projects to improve efficiency. Individuals at this level have a clear understanding of the firm's different businesses and the related economics.

Promote well-balanced growth by contributing to establishing risk frameworks.

• Work with business lines/product groups on risk appetite initiatives, identify key risks, and advise proper ways to mitigate.
• Support MUFG’s effort to enhance its FIG business franchise, pursuing consistent and efficient operations across MUFG affiliates.
• Guide and support business lines/products groups/examination function/legal function/risk management function on credit and risk related issues.

Credit Analysis, review & challenge.

• Monitor and manage the credit exposure within portfolios and individual transactions, continually review counterparty creditworthiness, and develop credit exposure methodologies in conjunction with risk analytic systems.
• Identify structural risks, mitigates in prospective transactions, and recommend / enhance structuring of deals and covenant in line with policies and procedures.
• Review Credit Applications, directly and independently communicate with account officers, portfolio managers to ensure effective challenge is provided for key risk issues and recommend making decisions with little support from management.
• Advise account officers and portfolio managers on credit risk issues/terms and conditions to create the best possible deal with a goal of maximizing profit and minimizing credit cost.              
• Analyze credit risk of the designated portfolio, determine accurate ratings, and make recommendations of accurate and timely ratings to management.
• Perform due diligence and regularly scheduled reviews.
• Supervises and reviews the preparation of credit analyses by Credit Analysts.
• Monitoring the performance of due diligence and regularly scheduled evaluation of loan portfolio for which they are responsible.
• Responsible for the coordination and communication of account information across various constituencies throughout the organization.

Policy Compliance

• Liaise and coordinate with global MUFG colleagues to maintain effective and efficient control on risk management, with pursuit of global consistency and compliance with external regulatory/internal requirements.
• Participate in internal activities to review and revise policy and procedures to enhance MUFG’s risk management capabilities.

Manage and mentor junior members of the organization.

• Manage and train subordinates within the chain.
• Guide junior analysis of the organization in completing complex assignments.
• Enrich knowledge of the teams in charge of Credit underwriting, Credit reviews,
• Provides credit training and other relevant education to Credit Analysis.

Global / entity-agnostic coordination in pursuit of achieving both regional and global objectives.

• Contribute to MUFG by achieving strategic and business goals. Perform related duties and participate in special assignments and projects as required.
• Work with other credit functions to establish appropriate internal control mechanisms.

Qualifications:

• In-depth knowledge of all elements of credit and risk principles.
• 10 years’ work at corporate banking experience at financial institutions or equivalent firms.
• In depth knowledge with min. experience of 5 years in credit analysis and risk management, capable of independently managing complex transactions.
• 5 years’ experience and good understanding to customs in U.S. / Japanese Banking and Global Subsidiary Banking business.
• Good understanding of regulations, expectations of regulators (JFSA, BOJ, OCC, FED, FDIC), and relevant policies & procedures.
• In depth understanding of U.S. Regulatory Ratings, its definition, regulatory expectations, application to various business / products.
• Thorough knowledge of legal and compliance regulations pertinent to lending.
• Strong knowledge covering accounting standards, finance, and regulation.
• Established coaching skills, team management, and leadership experience.
• Verbal and writing English and Japanese skills required for collaboration with MUFG’s Head office in Japan, able to communicate with senior management and navigate through complicated problems via negotiations and persuasion.
• Minimum of 5 years’ experience of participating in cross-regional / entity-agnostic project and/or working overseas to achieve global objectives of the firm.

Education:

• Bachelor's degree preferred or a closely related discipline, or an equivalent combination of formal education and experience

The typical base pay range for this role is between $210K - $275K depending on job-related knowledge, skills, experience, and location. This role may also be eligible for certain discretionary performance-based bonuses 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. For more information on our Total Rewards package, please click the link below.

MUFG Benefits Summary

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 (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.

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. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.