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An exciting opportunity for a Credit Risk Associate, who will be part of our growing Portfolio Management Group. Responsible for credit coverage for clients in the Technology, Media, Telecom (TMT) sector for primarily investment grade public and privately owned corporate borrowers. 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:
Conduct ongoing credit monitoring of the assigned portfolio, including reviewing and analyzing borrower compliance and financial reporting.
Prepare detailed credit analyses and required credit applications in line with internal policies and regulatory guidance, evaluating company-specific, industry, and regulatory risks.
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.
Responsible for building and maintaining knowledge of country/risk factors and all current events within the TMT industry vertical in the assigned portfolio utilizing internal and external sources.
Attend client and bank meetings when appropriate via phone, video or occasionally in-person.
Participate in special projects as assigned.
Ensure compliance with policy and regulatory requirements.
Maintain top-quality data input in all bank systems.
Advanced Credit/Underwriting Solutions:
Support the prescreening of proposed credit transactions to identify critical structural issues and risks, balancing institutional policy with business objectives.
Work on structured credit transactions (including securitizations, supply chain finance, FX, equity margin facilities and leasing transactions).
Understand and maintain knowledge of industries represented in portfolio, including technical aspects and regulatory issues.
Policy and Deal Advocacy:
Support the Portfolio Manager, communicate with Relationship Managers and Credit Risk Officers to problem solve and ensure transaction requests are acceptable within the risk appetite of the firm.
Ensure compliance with internal policy and procedural requirements by understanding and adhering to USWB Operating Procedures, General Credit Policies for the Americas (GCP), and Procedures for Credit Ratings and Credit Rules.
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, including timely completion of all assigned training courses.
Qualifications:
2-5 years of experience at a financial institution or accounting firm
Strong financial spreading/modeling and analytical skills.
Experience analyzing corporate credit and financing transactions.
Proficient in Microsoft Word, PowerPoint and Excel
Strong written, verbal and interpersonal communication skills with ability to work independently.
Completion of a formal credit-training program at a money center bank preferred
Bachelor’s degree, in Finance, Accounting, Business or Economics (working towards a CFA a plus).
• 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.
