Associate, Credit Underwriting and… at Mitsubishi UFG · Toronto

Associate, Credit Underwriting and Portfolio Management - Middle Market Canada

Location: Toronto, ON

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Job Summary:

We're seeking a Credit Risk Associate who will support our growing Portfolio Management Group (“PMG”) in providing credit coverage for Middle Market clients in Canada. You'll prepare detailed credit analyses and the required credit applications which include the evaluation of corporate, regulatory and industry risk, historical operating performance, projected operating performance, and capital structure.

As an Associate, you'll assess risk factors associated with each credit and determine the appropriate risk ratings based on established policies and guidelines. You will support active credit management and new transaction underwriting utilizing solid credit and analytical skills, analyzing risks and mitigants, including monitoring credits for potential upgrades, downgrades or general credit deterioration with the goal of maximizing the bank’s net income while minimizing credit costs.

Responsibilities:

• Perform due diligence on new transactions as well as regularly scheduled evaluation of the existing loan portfolio.
• Coordinate and communicate account information across various constituencies throughout the organization.
• Responsible for knowledge of particular industries and all current events in assigned portfolio utilizing internal and external sources.
• Oversee covenants compliance database and facility closing due diligence, including documentation.
• Attend client meetings when appropriate.
• Participate in special projects as assigned.

Advanced Credit/Underwriting Solutions:

• Work within a deal team environment (with Global Relationship Managers, Credit Administration, Sponsor Coverage, and Capital Markets) to support the development and analysis of financing structures/strategies.
• Prescreen proposed transactions to identify critical structural issues and risks, balancing institutional policy with business development needs.
• Support credit analysis for structured credit transactions (derivatives transactions, receivable securitizations).
• Understand and maintain knowledge of industries represented in portfolio, including technical aspects and regulatory issues.
• Conduct site visits and participate in client and bank meetings as necessary.

Policy and Deal Advocacy:

• Support the communication with the credit approval division including final hold level strategies to ensure alignment of risk strategy and policy.
• Evaluate and establish appropriate ratings for transactions and correlate appropriate exposure level with regard to exposure on both a transaction and group level.
• Ensure compliance with policy and regulatory requirements.

Skills and Experience:

• Bachelor's degree required; degree in Finance, Accounting, Economics, or related field preferred (CFA or MBA is a plus)
• 2-4 year experience in commercial banking, corporate banking, private credit, credit risk management or related financial services roles.
• Foundational understanding of corporate finance, accounting, financial statements, cash flow analysis, and credit risk fundamentals.
• Strong quantitative, analytical, and problem-solving skills with high attention to detail.
• Experience with three-statement financial modeling, valuation, and credit analysis.
• Ability to interpret business performance, industry trends, and transaction structures with guidance from senior team members.
• Strong written and verbal communication skills, including the ability to summarize analysis clearly and concisely.
• Ability to work collaboratively, manage multiple priorities, meet deadlines, and respond effectively in a fast-paced environment.
• Completion of a formal credit training program is preferred.

The job description and related application pertains to an opportunity with either MUFG Bank, Ltd., Canada Branch (“MUFG Bank Canada”) or MUFG Securities (Canada), Ltd. (“MUFG Securities Canada”). The job description relates to the general nature, scope, quantity and quality of work contemplated for the position. Other duties and responsibilities not specifically described may be assigned from time to time, consistent with knowledge, skills and abilities of the incumbent. The receipt of an application by either MUFG Bank Canada or MUFG Securities Canada, as applicable, does not imply or guarantee employment.Each of MUFG Bank Canada and MUFG Securities Canada is an equal opportunity employer.• As a federally regulated entity, MUFG Bank Canada is required to comply with applicable laws which prohibit discrimination based on protected grounds and which require accommodation to individuals in accordance with the requirements outlined in the Canadian Human Rights Act and the Canada Labour Code. Where MUFG Bank Canada obtains information relating to protected grounds under the Canadian Human Rights Act as part of the application process, it does so to monitor and otherwise evaluate its own compliance with such legislation and associated regulatory requirements; MUFG Bank Canada does not use such information for decision making purposes relating to the position contemplated in this application.• As a provincially regulated entity, MUFG Securities Canada is required to comply with applicable laws which prohibit discrimination based on protected grounds and which require accommodation to individuals in accordance with the requirements outlined in the Human Rights Code (Ontario) and the Employment Standards Act (Ontario). Where MUFG Securities Canada obtains information relating to protected grounds under the Human Rights Code (Ontario) as part of the application process, it does so to monitor and otherwise evaluate its own compliance with such legislation and associated regulatory requirements; MUFG Securities Canada does not use such information for decision making purposes relating to the position contemplated in this application.