AVP - Credit Portfolio Manager

MUFG

  • London
  • Permanent
  • Full-time
  • 2 months ago
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/SECTIONMitsubishi UFJ Financial Group (“MUFG”) is one of the world's leading financial groups. Headquartered in Tokyo and with approximately 350 years of history, MUFG is a global network with around 2,300 offices in over 50 countries including the Americas, Europe, the Middle East and Africa, Asia and Oceania, and East Asia. The group has over 150,000 employees, offering services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.As one of the top financial groups globally with a vison to be the world's most trusted, we want to attract, nurture and retain the most talented individuals in the market. The size and range of MUFG's global business creates opportunities for our employees to stretch themselves and reap the rewards, whilst our common values, to behave with integrity and responsibility, and to build a culture which is fair, transparent, and honest, underpin everything that we do.We aim to be the financial partner of choice for our clients, whatever their requirements, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.MUFG’s shares trade on the Tokyo, Nagoya, and New York (NYSE: MTU) stock exchanges. The group’s operating companies include, but are not limited to, MUFG Bank, Ltd., Mitsubishi UFJ Trust and Banking (Japan's leading trust bank), Mitsubishi UFJ Securities Holdings (one of Japan's largest securities firms), and MUFG Americas Holdings.Please visit our website for more information - mufgemea.com.Credit Portfolio Management (CPM) is a global function that is responsible for actively managing MUFG Bank’s loan portfolio including monitoring the credit quality and efficiency of the loan portfolio, developing and executing hedging and loan sales strategies to protect/optimize the bank’s capital using real-market information, market research and traditional fundamental credit analysis. In addition, CPM works closely with the business lines to participate in the analysis and evaluation of new business opportunities and provide exposure management solutions when necessary.NUMBER OF DIRECT REPORTSNoneMAIN PURPOSE OF THE ROLE
  • The successful candidate will be part of CPM for EMEA (ECPMO), which actively works with its business partners in the bank and the group to analyse new business opportunities, create and execute risk management solutions using various liquid or illiquid hedging tools such as CDS, Credit Insurance, Securitizations, Loans sales and Risk Participations and perform various analyses of the Bank’s loan portfolio.
  • Specifically, the main purpose of this role is to provide advisory services to the Bank’s relationship managers and asset originators at the point of transacting. The role sits within ECPMO’s Advisory Team, whose primary responsibility is to support the Bank’s businesses in making lending and asset origination decisions that make best use of the Bank’s balance sheet (liquidity and capital). Additionally, the role will involve managing ad hoc projects where ECPMO can facilitate the execution of new, profitable transactions and to participate in the overall risk management process to improve the risk/return characteristics of the portfolio.
KEY RESPONSIBILITIESTo support the Advisory team in working with the Bank’s relationship managers and asset originators to:
  • Advise them on the economics of transactions and from an overall client relationship perspective (RoE and relative value analysis). Actively monitor financial markets and economic developments to assist in appropriate benchmark selection as well as participate in market updates with business teams.
  • Support devising exposure management strategies and to advise businesses on the economics of identified alternatives.
  • Support advising optimal hold amounts to align with the bank’s risk appetite for retained credit risk.
  • Liaise with the product specialist teams involved (loan sales, credit insurance, CDS).
  • Perform risk-return analysis at the business line or portfolio level to help optimize portfolio constraints.
SKILLS AND EXPERIENCEWORK EXPERIENCE
Essential:Must demonstrate command of one of the following three skill sets and be eager to develop skills for the remaining skills::
  • Understanding of corporate lending with specialty focus in either Corporate and or Project Finance lending, incl. corporate credit assessment;
  • Understanding of credit pricing, regulatory capital, statutory and economic return measures in the area of fixed income;
  • Understanding of risk mitigation products such as Credit Default Swaps Credit Insurance, Loan sales, Risk Participations and Securitization, preferably including within a portfolio context.
Preferred:
  • Understanding of relationship banking and ancillary banking products such as fixed income, interest rate swaps, FX and cash management.
SKILLSFunctional / Technical Competencies:Essential:
  • Strong communication and presentation skills.
  • Strong interpersonal skills in the management of multiple senior stakeholders.
  • Proficient user of MS Office applications, Excel for financial modelling and data analysis along with word and PowerPoint.
Preferred:
  • ‘Bloomberg and other market information systems, possibly VBA experience.
Education / Qualifications:Essential:
  • Degree educated (Business, Economics, or relevant technical subject) or demonstrating equivalent practical experience.
Preferred:
  • Industry qualification (or working towards) in a credit analysis or risk management related subject (CFA, CQF, etc.)
PERSONAL REQUIREMENTS
  • Friendly and collaborative personality which values a well-established team culture.
  • Excellent attention to detail and accuracy.
  • Proactive, self-motivated, results driven, with a strong sense of accountability.
  • The ability to operate in a fast paced environment and prioritise work accordingly.
  • Strong numerical and problem solving skills.
  • A creative and innovative approach to work.
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.

MUFG