Credit Portfolio Management (CPM) - Associate Job at MUFG Bank, Ltd., New York, NY

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  • MUFG Bank, Ltd.
  • New York, NY

Job Description

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.

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.

Credit Portfolio Management (CPM) is a global function that utilizes a market-based approach toward portfolio management from a single-name, industry and portfolio basis with the ultimate goals of supporting business opportunities, improving portfolio returns and protecting MUFG from unforeseen credit loss.

The team’s core functions include:

  • Monitoring of the corporate loan portfolio with a focus on Early Warning activities at both the single name and industry level as well as concentration management.

  • Developing and executing exposure and capital management strategies (CDS, Insurance, Securitization) to protect/optimize the portfolio, including XVA management.

  • Supporting new business origination through relative value analysis, concentration measurement and exposure management strategy.

  • Enterprise Valuation analysis to support the credit underwriting process for the Bank’s leveraged loan portfolio.

The candidate will be part of a regional team (Americas) of CPM which actively works with the origination teams to analyze new business opportunities, create and execute risk reduction solutions (using instruments such as CDS, Credit Insurance, Securitizations, Loan sales and Risk Participations) and perform various analyses of the Bank’s loan portfolio.

In addition, the candidate will play an integral role in the team’s Early Warning activities and help support the Enterprise Valuation team.

Main Responsibilities:
  • Monitor the credit quality and trends of the corporate loan portfolio by following and interpreting publicly available information such as secondary market prices (CDS, Bond, Loan and Equity), industry data, material news releases, company filings and market research.
  • Assume responsibility for coverage of one or more sectors, including industry and single name credit analysis. Develop in depth knowledge of macro factors that impact industry performance.
  • As appropriate, build and maintain quarterly financial projection models; perform comparable company analysis; valuation and recovery analysis; capital structure analysis; and loan credit agreement & bond indenture review.
  • Identify exposures in the portfolio at risk for credit deterioration and downgrade. Evaluate and recommend potential exposure management actions.
  • Contribute to market overview and early warning analyses, incorporating views on economic, monetary and industry factors, to be presented in various risk forums and committees.
  • Perform relative value analysis of new lending opportunities through comparison of modeled cash flows against appropriate, market derived, risk adjusted pricing benchmarks. Participate in deal screening committee meetings.
  • Work with the Enterprise Valuation team to become proficient at EV methodologies and support that team as needed.
  • Work with Relationship Managers to structure, process and approve exposure management requests including hedges and loan sales.
  • Perform risk return analysis at business line or portfolio level. Further develop analytical methodologies.
Qualifications:
  • Minimum 3 years experience in banking or related field with a focus on credit markets and strong credit analysis skills.
  • Experience with traded credit products including Bonds, Loans and CDS preferred, including understanding of pricing dynamics and relative value.
  • Experience with valuation methods such as DCF, comparable company, and precedent transactions.
  • Familiarity with Wholesale and Investment Banking products. Knowledge of related regulatory frameworks a plus.
  • Bachelor’s degree (Finance preferred) with strong analytic and modeling skills with a proficiency in MS Excel and PowerPoint.
  • Experience with Bloomberg a plus.
  • Strong communication and partnership skills.
The typical base pay range for this role is between $140K-$155K depending on job-related knowledge, skills, experience and location. This role will 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](

We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.

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.

Job Tags

Full time, Work at office, Local area, Remote work

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