Associate/Assistant VP - Credit Underwriting and Portfolio Management

About the role

Mitsubishi UFJ Financial Group (MUFG) is hiring a Credit Risk Associate for its Portfolio Management Group in Toronto, on an 18-month contract. The role covers credit analysis and recommendations for financial institution credits across banks, business development companies, asset managers, life and health insurers, property and casualty insurers, structured financial solutions and asset-based lending (including fund and NAV lending). The position is open through MUFG Bank Canada or MUFG Securities Canada.

Key responsibilities

• Analyze and recommend on credit proposals for financial institution clients and monitor their financial, industry and credit trends
• Perform due diligence on new transactions and regularly evaluate the existing loan portfolio
• Coordinate account information across constituencies and oversee covenants compliance and facility closing due diligence
• Attend client meetings and participate in special projects
• Prescreen proposed transactions, support structured credit analysis (derivatives, receivable securitizations) and support deal teams in developing financing structures
• Evaluate and set ratings, align exposure levels with policy, and ensure compliance with policy and regulatory requirements

Required profile

• Bachelor's degree in Finance, Accounting, Business or Economics (CFA or MBA a plus)
• 3+ years of experience in a financial institution, accounting firm or rating agency analyzing corporate client risk and credit profiles
• Experience in financial institutions credit analysis and financial markets
• Completed a formal credit-training program at a money center bank (preferred)

Required skills

• Knowledge of credit and risk principles and lending-related legal and compliance regulations
• Strong financial modeling and analytical skills
• Proficiency in Microsoft Office (Word, Excel, PowerPoint)