At a Glance
- Tasks: Review and assess securitisation credit applications, making timely decisions and recommendations.
- Company: Join MUFG, a leading global financial group with a people-first culture.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Diverse and inclusive workplace committed to employee development.
- Why this job: Make impactful credit decisions in a dynamic, innovative environment.
- Qualifications: 5+ years in credit or structuring roles, strong analytical skills required.
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.
OVERVIEW OF THE DEPARTMENT/SECTION
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. The group has over 150,000 employees, offering services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.
Overview of Credit Office for EMEA (“ECrO”): ECrO is a 2nd Line of Defence (“2LoD”) function responsible for corporate banking credit for non-Japanese corporates, non-Japanese FIs, and non-Japanese Sovereigns (collectively Global Corporates).
- Assessment and management of credit risks and related risks
- Assessment and management of country risks
- Management of problematic assets
- Monitoring, reporting and early action
- Portfolio analysis and management
Overview of Structured Finance Credit Office (“SFCO”): SFCO is a 2LoD function responsible for analysing, approving, sanctioning and monitoring the credit quality of structured finance transactions, including:
- Project Finance
- Structured Trade Finance
- Aircraft Finance
- Asset-backed Finance (inc. Securitisation)
NUMBER OF DIRECT REPORTS: N/A
MAIN PURPOSE OF THE ROLE: Reviewing securitisation credit applications received and making balanced, timely and thoughtful credit decisions within the firm’s risk appetite or making recommendations to senior management, depending on the approval authorities, on transaction specific files as well as continuously and actively monitoring the portfolio in line with internal policies and applicable regulatory guidelines.
KEY RESPONSIBILITIES:
- Reviewing credit applications received and making recommendations to senior management on transaction specific files as well as continuously and actively monitoring the portfolio in line with internal policies and applicable regulatory guidelines.
- Ensure a high quality of written and verbal work.
- Responsible for making balanced, timely and thoughtful credit decisions within the firm’s risk appetite.
- Responsible for proactive solutions driven engagement with front line on deal specific and/or strategic developments through guidance, direction, feedback and identification of red flags or breaches of internal guidelines and policies.
- Responsible for developing knowledge of the various types of industries, sectors, countries, players and financial and legal structures within Securitisation and commitment to further learning.
- Demonstrate the Risk Culture Pillars; taking accountability for identifying and mitigating risk; actively managing risk within the department; role modelling the risk partnership with colleagues in 1LOD and 2LOD.
- Responsible for representing the credit division at internal forums within the region.
WORK EXPERIENCE:
Essential:
- Substantial (5 years+) experience in a (preferably) credit or structuring role in securitisation transactions
- Detailed knowledge and understanding of a range of asset classes inc. auto & consumer credit, RMBS and trade receivables
- Sound knowledge of working capital (receivables/asset backed) transactions/other structured products
- Sufficient experience working in financial institutions carrying out credit work for corporate and/or structured finance area
- Adequate experience in corporate banking and/or structured finance.
Preferred:
- Proven experience in investment banking in credit or front office
- Credit, rating agency, legal or accounting background
SKILLS AND EXPERIENCE:
Functional / Technical Competencies:
- Sufficient credit assessment and credit risk management skills
- Thorough knowledge of credit, risk management, market and legal aspects of securitisation
- Adequate relevant industry experience with a deep area of credit specialism
- In depth knowledge of credit and risk principles, products, derivatives and management
- Sufficient experience in dealing with regulatory audits associated to credit
- Advanced interpersonal skills with ability and experience to communicate to both senior management and junior members of staff.
- Coaching and development skills.
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 confident approach, with the ability to provide clear direction to your team
- The ability to lead a high performing team
- A strategic approach, with the ability to lead and motivate your team
- The ability to articulate and implement the vision/strategy for CIB Credit for EMEA
PERFORMANCE AND DUTIES: The role holder will be assessed in accordance with their employing entity’s performance framework and process with relevant input obtained from the dual hatting entity as relevant.
MANAGING CONFLICTS OF INTEREST: The role holder will have responsibilities for both MUFG Bank and MUFG Securities EMEA plc. The role holder is required to follow regulatory requirements applicable to ensure each business is appropriately supported and to maintain the legal entity integrity of each of MUFG Bank and MUS.
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.
Summary Location: London Type: Full time
Senior Vice President Credit Manager I in London employer: MUFG
Mitsubishi UFJ Financial Group (MUFG) is an exceptional employer, offering a dynamic work environment in the heart of London where employees can thrive in their careers. With a strong commitment to diversity and inclusion, MUFG fosters a culture that values collaboration and innovation, providing ample opportunities for professional growth and development. Employees benefit from comprehensive support in managing complex loan operations, ensuring they are equipped with the skills and knowledge needed to excel in their roles while contributing to meaningful financial solutions.
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We think you need these skills to ace Senior Vice President Credit Manager I in London
Some tips for your application 🫡
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