At a Glance
- Tasks: Support the Credit Insurance Solutions team with processing and tracking insurance transactions.
- Company: Join MUFG, a leading global financial group with a people-first culture.
- Benefits: Flexible working options, competitive salary, and opportunities for personal growth.
- Other info: Dynamic work environment with a focus on diversity and inclusion.
- Why this job: Make your mark in finance while learning from industry leaders.
- Qualifications: Degree in Finance or relevant experience; strong communication skills required.
The predicted salary is between 50000 - 70000 £ per year.
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.
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 as necessary.
In region, the CPM Office for EMEA (“ECPMO”) optimises MUFG’s balance sheet by managing credit exposures, enhancing portfolio efficiency and supporting the region’s goal of generating returns above the bank’s cost of capital. Supported by the Business Management team, our Portfolio Management & Solutions team has three key strategic priorities: building the GCIB business, increasing asset velocity through distribution and generating cross‑sell across the franchise.
The Credit Insurance Solutions team is responsible for arranging and the end-to-end lifecycle management of credit insurance solutions for the EMEA balance sheet. Acting as trusted partners to origination and deal teams, they provide independent, commercially grounded advice on the suitability and viability of insurance solutions as a distribution strategy as well as in the context of balance sheet and return management.
NUMBER OF DIRECT REPORTS: none
MAIN PURPOSE OF THE ROLE: This role supports the day-to-day operations of the Credit Insurance Solutions team, ensuring accurate processing, tracking and documentation of insurance transactions to maintain efficient and well-controlled business operations.
KEY RESPONSIBILITIES: The Credit Insurance Solutions team is one of three teams in Portfolio Management & Solutions and is operating on the private side. It works with the business units to arrange and execute policies on their behalf. Credit insurance is a silent hedging product used to manage exposures to risk appetite.
- Insurance Premium Management
- Arrange and process insurance premium payments in a timely and accurate manner
- Monitor and track premium payments to ensure completeness and consistency over time
- Operational Support & Compliance
- Process and maintain system bookings accurately
- Ensure ongoing maintenance and integrity of operational records and data
- Coordinate and manage KYC and screening processes for insurance brokers and counterparties
- Ensure adherence to internal policies and procedures
- Reporting & Communication
- Prepare and distribute outstanding credit insurance reports to relevant stakeholders
- Assist with data collection and preparation of presentations and internal reporting materials
- Support ad hoc reporting and information requests from management and business teams
- Build and maintain effective relationships with internal and external stakeholders
WORK EXPERIENCE:
- Essential: General understanding of corporate lending with specialty focus in either Corporate and or Project Finance lending, incl. corporate credit assessment; Relationship management experience
- Preferred: Credit insurance experience, knowledge of insurance markets and practices
SKILLS AND EXPERIENCE:
- Functional / Technical Competencies:
- Essential: Practical understanding of corporate banking functions and products; MS Office literate; Excellent interpersonal and communication skills
Education / Qualifications:
- Essential: Degree educated in Finance or other relevant subject or equivalent experience
PERSONAL REQUIREMENTS:
- Excellent communication skills
- Results driven, with a strong sense of accountability
- A proactive, motivated approach paired with an eagerness to learn, develop and seek new challenges
- The ability to operate with urgency and prioritise work accordingly
- A structured and logical approach to work
- Strong problem-solving skills
- 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
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.
StudySmarter Expert Advice🤫
We think this is how you could land AVP - Credit Insurance Arranger in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like MUFG. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace AVP - Credit Insurance Arranger in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to MUFG.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on MUFG's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at MUFG
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with MUFG.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at MUFG will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former MUFG employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.