Director, Head of Quality Assurance, Credit Strategy Group

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Overview of the Department/Section

The Credit Strategy Group in Risk Management Office for EMEA defines and executes the CCrO’s responsibilities for credit portfolio risk management and leads EMEA Credit in implementing a robust operating environment to manage Credit Risk. EMEA CSG is responsible for:

• Ensuring EMEA Credit aligned to business strategy and supporting business to meet MTBP objectives
• Defining Credit Strategy and Credit Culture in EMEA through Risk Appetite, Policies & Procedures and Governance
• Providing insight into portfolio risks and proposing optimisation strategies to Front Office
• Escalation of emerging risks (e.g. single name, country and sector) and challenging portfolio vulnerabilities
• Defining a robust Risk and Control environment for EMEA Credit.
• Performing robust Quality Assurance file reviews to provide feedback to enhance Credit Sanctioning processes.

Main Purpose of the Role

Accountable for performing Quality Assurance over 2LOD Credit decisioning using a sample risk-based approach across CIB and FIG to ensure portfolio coverage of EMEA sanctioning. Accountable for the framework for managing inbound and split location transactions falling under the EMEA Booking Office Committee (EBOC) including enhanced oversight of JCIB. Accountable for leading “Lessons Learnt” exercises including Breach Control Working Group (BCWG) reporting as required working closely with Problem Asset team as required. Monitoring of business line KPIs including application submission deadlines.

Key Responsibilities

Specifically, you will be accountable and responsible for taking appropriate action with respect to leading the Quality Assurance team within CSG, including:

• Accountability for establishing, embedding and facilitating the Quality Assurance framework including performing file reviews and presenting findings at EMEA Credit Risk Committee with proactive solutions driven engagement with front and second 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.
• Accountability for establishing, embedding and facilitating the EBOC (Booking Oversight Committee for EMEA) process as well as the Split Location Framework in conjunction with 1LOD.
• Accountability for reviewing EBOC transactions, preparing a risk comment highlighting the key risks within the EBOC paper (as part of 2nd line review), facilitate the EBOC submission/discussion/non-objection/follow-up process, and demonstrate a strong understanding of the main risk drivers of the EBOC transactions presented, as well as performing Secretariat duties.
• Responsible for facilitation of Split Location Exposure Escalation Meetings for distressed customers in the split location portfolio.
• Accountability for leading “Lessons Learnt” exercises where required including providing independent reviews to EMEA Credit Risk Committee and Breach Control Working Group.
• Responsibility for establishing, embedding and facilitating business KPIs.
• Demonstrate the Risk Culture Pillars; taking accountability for identifying and mitigating risk; actively managing risk within the department; remaining curious by taking proactive ownership; role modelling the risk partnership with colleagues in 1LOD and 2LOD; and being willing to challenge existing practice and be proactive and positive to change.
• Responsible for representing the CSG at internal forums within the regions and globally, to share opinions and influence decisions that impact their areas of specialism.

Work Experience

Essential:

• Strong experience working in financial institutions performing credit analysis
• Strong experience in corporate banking and/or structured finance

Preferred:

• Experience of exercising personal delegated authority
• Experience of setting and applying credit risk strategy within a broader business strategy.
• Proven experience in investment banking in credit or front office.

Skills and Experience

Functional / Technical Competencies:

• Strong knowledge of corporate credit analysis, accounting, legal/documentation
• Excellent communication and stakeholder management skills
• Excellent analytic and quantitative skills

Education / Qualifications:

Essential:

• Bachelor Degree

Personal Requirements

• Excellent communication skills
• Results driven, with a strong sense of accountability
• A proactive, motivated approach
• 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
• Strong problem solving skills
• A creative and innovative 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 pressured environment
• Strong numerical skills
• Excellent Microsoft Office skills
• A strategic approach, with the ability to lead and motivate
• The ability to articulate and implement the vision/strategy for CIB Credit for EMEA

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.