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 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.
OVERVIEW OF THE DEPARTMENT/SECTION
EMEA Financial Institution Credit Risk Management ("CRM FIG") is a credit risk team within 2LoD Risk department. It is responsible for credit risk management inclusive of review and approval of banks, insurance companies, funds and sovereigns within the EMEA region. The team is entity agnostic and cover both MUFG Securities ("MUS") and MUFG Bank for counterparty credit risk. Across borrowing and trading activities.
Major functions are outlined as follows:
Functional / Technical Competencies:
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.
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups. 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.
OVERVIEW OF THE DEPARTMENT/SECTION
EMEA Financial Institution Credit Risk Management ("CRM FIG") is a credit risk team within 2LoD Risk department. It is responsible for credit risk management inclusive of review and approval of banks, insurance companies, funds and sovereigns within the EMEA region. The team is entity agnostic and cover both MUFG Securities ("MUS") and MUFG Bank for counterparty credit risk. Across borrowing and trading activities.
Major functions are outlined as follows:
- Assessment and management of credit risks and related risk Credit Risk Approval
- Management of problematic assets
- Monitoring, reporting and early action
- Portfolio analysis and management
- Assign credit ratings and formulate credit proposals in support of financing solutions, primarily for financial sponsors and inclusive of NAV Financing; Private Equity Portfolio Financing (Secondary NAV); Equity Margin Loans; Subscription Facilities and Hybrid NAV/Subscription Facilities.
- Set risk appetite for client and product scope above and approve/recommend transaction within Delegated Credit Authority where applicable. Evaluate transactions for approval in accordance with applicable policies, procedures and delegated authorities. Ensure that risk appetite is clearly understood by 1LoD stakeholders through active dialogue with trading; sales and relationship manager counterparts.
- Monitor and exercise oversight over own portfolio of clients and take proactive actions when necessary.
- Work closely with the front office to assist business initiatives, new product launches and develop risk culture across 1st and 2nd line of defense.
- Collaborate across the wider FIG Credit team as well as EMEA Risk Management function and relevant global functions in MUBK and MUS.
- On an ad-hoc basis, support the enhancement of monitoring efficiency, system developments and risk measure as part of multi-department projects.
- Assessment and recommendation of appropriate rating and credit limits financing solutions, primarily for financial sponsors and inclusive of NAV Financing; Private Equity Portfolio Financing (Secondary NAV); Equity Margin Loans; Subscription Facilities and Hybrid NAV/Subscription Facilities.
- Oversee the annual review of existing limits and counterparties.
- Maintenance of EMEA portfolio across MUBK and MUS within areas of responsibility.
- Run periodic due diligent meetings with clients.
- Support on new product adoption including defining risk acceptance criteria, rating models and credit risk measurements.
- Provide creative solutions by influencing transaction structures and credit risk related terms/conditions when required.
- Present transactions to senior management (including the Chief Risk Officer) for discussion and approval. Analyse and present complex structures and make recommendations to senior Risk management staff, in a concise and clear manner.
- Opine on credit risk related terms in trading documentation to mitigate credit risk and ensure transactions perform as expected. This will involve liaison with Legal department, Structuring and clients or their lawyers.
- Monitor that transactions of the delegated responsibility perform within the terms of the credit approval. Assess portfolio level risks.
- Compliance with all regulatory requirements as well as internal policy and procedure
- Strong financial sector experience in a credit risk management role with a focus on funding solutions for financial sponsors.
Functional / Technical Competencies:
- Experience from NAV Financing and Private Equity Portfolio Financing (Secondary NAV) is required with additional experience from other fund financing solutions such as subscription lines being preferred.
- Competence in analysing financial sponsor investment strategies with a focus on buy-out, private credit and infrastructure funds.
- Experience from opining on legal documentation from a credit perspective. Familiarity with key regulatory frameworks and relevant banking regulation that impact credit risk management.
- Bachelor Degree or equivalent with a focus in the areas of finance, economics or accounting (Essential) Preferred:
- Master's Degree and relevant industry accreditation (Beneficial)
- Excellent communication skills with the ability to convey credit arguments clearly and concisely
- Results driven, with a strong sense of accountability
- The ability to operate with urgency and prioritize work accordingly
- Strong decision-making skills, the ability to demonstrate sound judgement
- A structured and logical approach to work
- Excellent interpersonal skills
- The ability to manage large workloads and tight deadlines
- Excellent attention to detail and accuracy
- A calm approach, with the ability to perform well in a pressurised environment
- Excellent Microsoft Office skills
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.