MUFG ยท 5 days ago
VP, Securitized Product Credit Risk Manager
NYC Metro Area
Full-time
Onsite
Director/Executive
$150K/yr - $200K/yrMUFG is a leading financial group, and they are seeking a VP, Securitized Product Credit Risk Manager. This role involves the implementation of credit risk underwriting and management for Securitized Products, monitoring credit exposures, and developing strategic initiatives to improve efficiencies.
Hiring Manager
Tracey Donaldson Kea
Responsibilities
Responsible for implementation of the credit risk underwriting and management function for Securitized Products, providing recommendations to the credit authority
The incumbent monitors and manages credit exposures within portfolios and individual transactions, keeping abreast of market trends and developments
May develop and lead strategic initiatives, updates to policies and procedures, and may also be responsible for various projects to improve efficiencies
Credit recommendations to management
Evaluate credit proposals and business screening memos to make written credit recommendations to management
Identify structural risks and mitigants in prospective transactions and recommend/enhance structuring of deals and covenants in line with underwriting guidelines
Review cash flow models and conduct data analysis, including collateral stratification, historical performance, loss projection and derivation of expected case losses
Advise origination team on credit risk issues/terms and conditions to create the best possible deal with a goal of maximizing profit and minimizing credit cost
Directly and independently communicate with other credit divisions to obtain necessary information/comments to support making a credit decision
Active portfolio monitoring of designated customers
Responsible for the monitoring and ongoing credit review of individual accounts through regular/ad-hoc credit review process
Evaluate credit review applications of the designated portfolio, determine accurate ratings and make recommendations of accurate and timely ratings to management
Conduct due diligence and attend bank/customer meetings as required
Coordinate and communicate critical account information independently and directly to various related parties throughout the bank, business line, product groups and credit divisions
Responsible for market research and producing portfolio presentations for management
Policy Compliance
Ensure compliance with external regulatory/internal policy and procedural requirements
Participate in ad-hoc policy meetings to enhance organization wide credit risk framework
Qualification
Required
Securitized Products Expertise: ABS, consumer and commercial securitizations
Credit Risk Analysis: Deal underwriting, tranche analysis, stress testing, loss modeling
Portfolio Risk Management: Ongoing surveillance, credit deterioration monitoring, covenant tracking
Financial Modeling & Analytics: Cash flow modeling, scenario analysis, sensitivity testing
Risk Governance & Controls: Credit approvals, policy adherence, regulatory documentation
Market & Counterparty Risk Awareness: Exposure monitoring, rating agency methodologies
Regulatory & Compliance Knowledge: Experience in regulated banking environments (SR 11-7, CCAR exposure a plus)
Company
MUFG
MUFG (Mitsubishi UFJ Financial Group) is one of the world's leading financial groups.
Founded in 2001
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Greidy Puig
Vice President Finance- Business Unit CFO
Mark Fernandez
Vice President, Global Markets CFO Office
Recent News
2024-04-29
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