Vice President, Credit Manager, Securitisation

2 months ago


London, Greater London, United Kingdom MUFG Full time
Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. 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 Structured Finance Credit Office ("SFCO")
SFCO (formally known as Investment Banking Credit Division) 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
  • Assetbacked Finance (inc. Securitisation)
SFCO is a global department, office being located in Tokyo, New York, Los Angeles, Singapore and London.

London office (SFCO (EMEA)) is responsible for the EMEA region and we work closely to ensure global consistency in credit approvals.


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).


Its major functions are outlined as follows:

  • 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
Main Purpose of the Role

  • To support Group Heads to direct the continuous development of CIB Credit for EMEA's credit risk framework, risk appetite portfolio monitoring and early warning frameworks in line with shareholders, client and regulatory expectations.
  • To make 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.
Key Responsibilities

  • Specifically, you will be accountable and responsible for taking appropriate action with respect to the Securitisation Credit Team including:
  • Oversight, responsibility and accountability for supporting the team head in guiding and developing a group of credit professionals within the Securitisation Credit Team.
  • Responsible for making balanced, timely and thoughtful credit decisions within the firm's risk appetite.
  • Responsible as a senior credit counterpart to front line relationship managers and applicable product origination and distribution businesses.
  • Responsible for proactive solutions driven engagement with front 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.
  • Responsible as a Vice President within CIB Credit for EMEA for contributing to the development of divisional credit strategy for respective products, sectors, countries/regions including supporting work to assess and set risk appetite and limits.
  • Responsible and accountable for managing and overseeing a portfolio of credit accounts within areas of responsibility. Oversight and responsibility for giving advice and direction to credit managers to ensure high quality credit analysis, including report writing and decision making.
  • Responsible for developing knowledge of the various types of industries, sectors, countries, players and financial and legal structures within Securitisation credit and commitment to further learning.
  • 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 credit division at internal forums within the regions and globally, to share opinions and influence decisions that impact their areas of specialism.
Controls and Compliance

  • You are responsible for ensuring the Company's compliance with internal risk and compliance requirements, controls and procedures, including but not limited to:
  • personally, following all relevant policies and procedures.
Relationship with other functions and stakeholders

  • Maintain and enhance good working relationships with stakeholders, across the region and globally to share best practices, provide support and develop effective local policies and procedures appropriate to the Company, and working in support of the One MUFG and overall Group strategy.
Work Experience

Essential:

  • 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:

  • Sufficient experience in Assetbacked Finance (inc. Securitisation)
  • Proven experience in investment banking in credit or front office
Skills and Experience

Functional / Technical Competencies:
Essential

  • Sufficient credit assessment and credit risk management skills
  • 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.

Education / Qualifications:
Essential

  • Bachelor Degree

Preferred:

  • Masters 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 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
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.

At MUFG, our colleagues are our greatest assets.

Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative.

They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them
Our Culture Principles

  • Client Centric
  • People Focused
  • Listen Up. Speak Up.
  • Innovate & Simplify
  • Own & Execute

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