MUFG · 2 months ago
Vice President, Asset Based Finance Group (ABF) Portfolio Management
1221 Avenue of the Americas
Full-time
Hybrid
Mid, Senior Level
$150K/yr - $180K/yr
5+ years expMUFG is one of the world’s leading financial groups, striving to make a difference for every client and community served. The Vice President of the Asset Based Finance Group will oversee a portfolio of asset-based lending clients, evaluate creditworthiness, monitor collateral, and support revenue growth efforts across various industries in the U.S.
Financial Services
Responsibilities
Monitoring borrower financial performance on an ongoing basis
Evaluate collateral performance at the borrowing base component level and insure that adequate collateral is available to cover outstanding obligations
Assess liquidity and excess availability levels, both historical and projected
Ensuring that the bank’s collateral is regularly appraised, field exams are conducted to evaluate the quality of the collateral and underlying collateral controls, and that adjustments are made if any issues arise from those appraisals or exams
Prepare detailed written credit analyses and required credit applications, including evaluation of loan purpose and structure, liquidity, asset protection, repayment sources, corporate, regulatory and industry risk, historical and projected operating performance, and capital structure
Contribute to the bank’s revenue and return growth goals by working closely with coverage RMs, product partners, and ABF origination staff to enhance MUFG’s importance to the borrower either through cross sell efforts or pitch to lead presentations
Closely monitor troubled credits, recommend and implement the appropriate course of action when borrower financial performance or collateral adequacy becomes an issue, participate in internal meetings to review performance and exposure strategy, and address issues related to bankruptcy and collateral liquidation
Manage bank group as agent, including addressing client needs and structuring an appropriate solution, negotiating terms that would be satisfactory to MUFG and the broader bank group, and manage bank group communication
Performing the necessary due diligence to provide timely responses to requests for additional credit
Ensuring that the internal and regulatory risk ratings for borrowers remain accurate, and recommending adjustments when a material change in the credit profile has become evident
Conduct periodic discussions with Agents (when a participant) to get borrower updates, and address amend & extend requests and amendments
Assist with the preparation for various internal and external examinations and audits and all compliance and operational aspects of the business
Qualification
Required
A Bachelor's degree, ideally with a business major
A minimum of 5-10 years of relevant corporate banking experience; with specific experience in asset-based lending a plus
Ability to manage problem loan and restructuring activities with expertise drawn from experience with bankruptcies and liquidations
Ability to negotiate loan documentation independently and extensive working knowledge of secured lending issues, and lien laws
Secured lending expertise inclusive of analyzing projections for purposes of determining working capital fluctuations and liquidity, applicable federal banking regulations, collateral analysis, foreign collateral issues, intercreditor issues, banking services to implement cash dominion, and other bank product details as it relates to overall ABL credit exposure
High level legal and negotiation skills
Excellent verbal and written communication skills
Ability to work effectively and collaboratively with coverage teams, credit officers, sponsor coverage, product partners, legal, etc
Financial modeling and analytical skills using MS Word, Excel, and PowerPoint
Excellent organizational and administrative skills
Proactive, organized, self-directed
Preferred
A CFA Level 1, 2 or 3 or an MBA is a plus
Benefits
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
Paid vacation
Sick days
Holidays
Company
MUFG
MUFG (Mitsubishi UFJ Financial Group) is one of the world's leading financial groups.
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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