Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. 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.

Role Summary:

Reports to the head of Credit Administration Resource Management, Credit Planning and Credit Standards. Manages a team of experienced reviewers in the comprehensive assessment across multiple business lines of credit actions to evaluate the quality, timeliness and appropriateness of credit requests and approvals. Monitoring includes transaction and portfolio level activity under the jurisdiction of Corporate Banking Credit (CDA) and Structured Finance Credit Office (SFCO), or other Credit Divisions and booked in the Americas. Business areas include but are not limited to Corporate Banking, Investment Banking, Financial Institutions, Commercial Real Estate, Japanese Corporate Banking, Global Subsidiary Banking, Canada, and Latin America. Credit actions reviewed will span all industries and customer verticals, ranging from large corporate client to middle market and direct lending borrowers.

This manager is responsible for ensuring a dynamic and risk-focused approach to the team’s activity including making improvements to methodology and process efficiency when appropriate and ensuring the effectiveness and accuracy of the results. The manager is responsible for communicating with stakeholders, ensuring required governance materials are completed accurately and on time, and overseeing a team of professionals to ensure they have the appropriate skills to undertake all required assessments and are doing so in a consistent, timely and complete manner.

The manager will act in both an advisory and effective challenge role with First and Second Line of Defense stakeholders in the context of assessments. Results will be discussed with practitioners to ensure complete understanding and awareness of findings. S/he will also be responsible for reporting/communications with governance bodies including the Credit Risk Committee, the Americas Risk Committee, and the Risk Committee of the Board. In addition, the manager will also lead all regulatory interface.

Assessment areas include but are not limited to:

• TTM rapid rating deterioration (Pass to non-Pass)
  • Identification of trends such as those related to Leveraged borrowers and Weakly Underwritten loans within Leveraged borrowers
  • Compare this population with standards, procedures, and underwriting guideline exceptions and rating model result overrides
  • Stratification by business group and practitioner

• Regulatory rating assessment/conclusions
  • Including financial analysis, projections, performance to plan, enterprise valuation
  • Other factors per updated Assignment of U.S. Regulatory Ratings, ACRP-500-2
  • Rating triggers
  • Rating justifications

• Internal rating (e.g., Borrower Rating/Asset Securitization Rating) assessment/conclusions
  • Including financial analysis, projections, performance to plan, enterprise valuation
  • Other factors per global Procedures for Credit Ratings; local Procedures for Credit Ratings, ACRP-500-8; and other standards, procedures, and/or guidance applicable.
  • Rating triggers
  • Rating justifications

• Timeliness of Reviews
  • Internal and regulatory rating assessments completed consistent with procedural requirements under Rating Frequency and Approval: Corporate Banking, Investment Banking and Markets, ACRP-500-1
  • Extensions, if any, reasonable?
  • Off-cycle reviews completed if/as needed?

• Internal vs. Regulatory Ratings
• Assessment of anomalous internal vs. regulatory ratings (currently per Approval Authorities for Pass and Special Mention Credits, ACRP-600-4; move guidance to Post-Approval Process / Reviews which will cover QA)
  • For example, BR-8-2 / Pass due to a fully cash-secured facility
• Regulatory Leverage Assessment
  • Pursuant to Interagency Guidance on Leveraged Lending, ACRP-300-5
  • Weak Underwriting identification for borrower subject to assessment under applicable procedures
• SLoD Effective Challenge (evidence/quality)
  • Applicable to all elements of a credit application but particularly those noted above
• Appropriate Exercise of Delegated Approval Authority
  • Correct approver given transaction characteristics
• Standards, Procedures, and MAUG Exceptions
  • Correct assessment and conclusions given transaction characteristics
  • Correct MAUG selection
• Application Content Completeness
  • All required attachments included and properly completed?
  • All required system (e.g., GCARS) fields properly completed?
• Ad Hoc
  • E.g., to determine the appropriateness of the application of standards, procedures, or processes as part of issue remediation efforts or following release of new guidance
  • In response to changing business strategies, economic environment, market movements, etc.
  • As recommended by QA team, senior management, or CRC
• Lessons Learned and Training
  • Coordinate with Credit Training, Americas Credit Review, Special Assets Department, and practitioners to facilitate continuous improvement

Other Areas of Responsibility:

Projects/Issues – serve as lead or member of a team to pursue projects or issue remediation assigned to the CARM, Credit Planning and Credit Standards team.

Expected Qualifications:

Bachelor's degree or equivalent required plus 12 years significant corporate/commercial lending experience.

Strong leadership and presentation skills, including 7 years in a management position.

Extensive experience in credit risk, risk rating (internal and regulatory), credit standards and procedures application, credit/financial statement analysis, all based on a solid understanding of business and financial markets and the effects of economic conditions on the Bank’s risk assets, as well as diverse knowledge of a broad range of industry fundamentals, financial products, and financing structures.

Ability to analyze portfolio trends, identifying signs of changing risk levels and/or symptoms of process control breakdowns.

Ability to initiate and implement continuous improvement of processes related to areas assessed.

Effective communication skills, both oral and written.

Ability to interact effectively with unit managers, lending officers, credit administrators and all levels of First, Second, and Third Line management.

The typical base pay range for this role is between $225K - $300K 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. For more information on our Total Rewards package, please click the link below.

MUFG Benefits Summary

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.