Vice President, Credit Risk Analyst
4 days ago
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups. 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.
EMEA CRM and FI Credit Risk Management ("CRM FIG") is a credit risk team within 2LoD Risk department. It is responsible for credit risk management inclusive of review and approval of banks, insurance companies, funds and sovereigns within the EMEA region. The team is entity agnostic and covers both MUFG Securities ("MUS") and MUFG Bank for counterparty credit risk across borrowing and trading activities. Major functions are outlined as follows:
- Assessment and management of credit risks and related risks.
- Credit risk approvals.
- Management of problematic assets.
- Monitoring, reporting and early action.
- Portfolio analysis and management.
MAIN PURPOSE OF THE ROLE
- Assign credit ratings and formulate credit proposals for NBFI clients (hedge Funds and regulated funds) within FIG Credit's portfolio responsibility.
- Set risk appetite for NBFI clients and approve transactions within Delegated Credit Authority where applicable. Evaluate transactions for approval in accordance with applicable policies, procedures and delegated authorities.
- Monitor and exercise oversight over own portfolio of clients and take proactive actions when necessary.
- Work closely with the front office to assist the business initiatives and develop risk culture across 1st and 2nd line of defense.
- Collaborate across the wider FIG Credit team as well as EMEA Risk Management function and relevant global functions in MUBK and MUS.
- On an ad-hoc basis, support the enhancement of monitoring efficiency, system developments and risk measures as part of multi-department projects.
KEY RESPONSIBILITIES
- Assessment and recommendation of appropriate rating and credit limits for Hedge Funds/ regulated funds counterparties.
- Maintenance of EMEA portfolio across MUBK and MUS within areas of responsibility.
- Run periodic and at least annual counterparty due diligence calls with Hedge Fund clients.
- Collaborate with the Risk Analytics Group to ensure credit risk can be modelled and measured correctly.
- Provide creative solutions: Influencing transaction structures and credit risk related terms/conditions when required.
- Present transactions to senior management (including the Chief Risk Officer) for discussion and approval.
- Transactional and other trading documentation: Set credit risk related terms in trading documentation to mitigate credit risk.
- Monitor that transactions of the delegated responsibility perform within the terms of the credit approval.
- Compliance with all regulatory requirements as well as internal policy and procedure.
WORK EXPERIENCE:
- Extensive and solid financial sector experience in a hedge fund focused role in a risk management department.
- Experience from opining to legal documentation (ISDA/CSA/IM/GMRA/GMSLA/CDEA) from a credit perspective.
- Familiarity with key regulatory frameworks and relevant banking regulation that impact credit risk management.
SKILLS AND EXPERIENCE:
Essential:
- Strong analytical skills on how to assess Hedge Funds and regulated funds credit profiles.
- Strong knowledge of traded products (derivatives, securities financing) and credit / market risk principles.
- Understanding of how to assign probability of default credit ratings and LGD's.
- Working knowledge of legal documentation and key credit clauses.
Education / Qualifications: Essential
- Bachelor Degree or equivalent (Essential).
Preferred:
- Master's Degree and relevant industry accreditation (Beneficial).
PERSONAL REQUIREMENTS
- Excellent communication skills with the ability to convey credit arguments clearly and concisely.
- Results driven, with a strong sense of accountability.
- 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.
- 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.
- Excellent Microsoft Office skills.
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.#J-18808-Ljbffr
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