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MUFG · 1 day ago

Bilingual Credit Risk Associate for Japanese Corporate Banking in Los Angeles, CA

Los Angeles, CA

Full-time

Hybrid

Mid, Senior Level

$103K/yr - $125K/yr

3+ years exp

Mitsubishi UFJ Financial Group (MUFG) is one of the world’s leading financial groups, committed to serving society and fostering sustainable growth. The Bilingual Credit Risk Associate will be responsible for underwriting and managing a portfolio of Japanese corporate loan clients, performing credit analysis, and ensuring compliance with internal and external regulations.

Financial Services

Responsibilities

Perform due diligence and regularly scheduled credit reviews

Analyze credit risk of the designated portfolio, determine accurate ratings and make recommendations of accurate and timely ratings to management; designated customers will be more complicated ones than those assigned to junior PMs, such as lower graded customers, customers with large credit exposure, customers with structured finance transactions, and customers with complex corporate structure

Prepare detailed credit analysis and credit applications in accordance with Bank’s credit policies and procedures such as Americas Credit Standards, Americas Credit-Related Procedures, Credit and JCB’s internal operating manuals, evaluating the borrower’s industry, business, legal and financial risks, and recommend extensions of credit

Manage deadlines and workload in accordance with the schedule

Function as a subject matter expert with regard to particular industries and industry subsectors

Fully understand and be able to assess risk of standard bank products including loans, standby letter of credit, trade finance, foreign exchange, derivatives, securitization, and lease

Interview the borrower’s senior management to assess their business/financial risks/challenges. Maintain direct communication with assigned customers, if needed by RM (relationship manager)

Coordinate and communicate critical account information to various related parties throughout the bank

Oversee covenants compliance, facility due date, condition/instruction/report required, and call memos

Perform other risk related functions as needed

Work with business lines/product groups to identify prospective transactions

Lead new deals with moderate complexity for both existing and new customers from the credit underwriting perspective with moderate supervision. Experienced associates can identify structural risks and mitigants in prospective transactions and recommend/enhance structuring of deals and covenant in line with policies and procedures. Manager will periodically check in, however, associates can also make appropriate judgement when to escalate/consult with the manager where necessary

Advise account officers on credit risk issues, terms and conditions to craft the best possible deal with the goal of improving profit and minimizing credit cost

While closely consulting with manager, communicate with credit division/administration with regard to rating rationale, facility structuring/exposures and ensure credit division provided with all credit related information and analysis pertinent to making a decision

Ensure compliance with external regulatory requirements (JFSA, BOJ, FRB, OCC and FDIC)

Ensure compliance with internal policy and procedures by understanding and adhering to Americas Credit Standards, Americas Credit-Related Procedures, Credit Rules, Procedures for Credit Ratings, JCB Operating Manual, and any other applicable pronouncements

Support junior analysts on OJT basis as assigned by the manager (experienced associate)

Study, develop and improve analytical skills through close communication with related divisions, such as Americas Credit Rivew, Credit departments, Credit Policy Office and other Credit Divisions with support from managers

Assist managers in the training efforts

Maintain and monitor compliance reporting requirements

Qualification

Credit risk analysisPortfolio managementJapanese language skillsMS Office proficiencyFinance knowledgeInnovative thinkingTime managementOrganizational skills

Required

Ability to multi-task and work under high stress and time-sensitive work environment

Strong time management skills; attentive to details for accuracy and integrity

Strong organization skills and ability to manage multiple projects

Proficient in MS Office including Outlook, Word, Excel and PowerPoint. Knowledge in banking applications is a plus

Sound knowledge in finance, accounting, legal, regulations for commercial banking products

Bachelor's degree in a related field such as accounting, finance

3-5 years working experience in large financial institutions, credit and risk related function in equivalent organizations analyzing general corporate customers and making credit recommendations or other financial related roles such as M&A in accounting firms, business analysis in accounting/ consulting firms, analyzing subsidiaries performance in corporate finance function

Japanese language skills

Demonstrate innovative and strategic thinking

Preferred

MBA/ CFA, a plus

Previous experiences including handling a segment of an industry vertical or a primarily investment grade commercial loan portfolio and coordinating with execution team for proper booking of newly assigned accounts