Credit Risk Associate - Middle Market Canada

About the role

Mitsubishi UFJ Financial Group (MUFG) is looking for a Credit Risk Associate to support its growing Portfolio Management Group in providing credit coverage for Middle Market clients in Canada. Based in Toronto, the Associate prepares detailed credit analyses and credit applications, assessing corporate, regulatory and industry risk, historical and projected operating performance and capital structure, and assigns risk ratings according to established policies and guidelines.

Key responsibilities

• Perform due diligence on new transactions and regularly evaluate the existing loan portfolio
• Coordinate and share account information across constituencies in the organization
• Keep up to date on industries and current events in the assigned portfolio using internal and external sources
• Oversee covenants compliance databases and facility closing due diligence, including documentation
• Attend client meetings when appropriate and take part in special projects as assigned
• Support deal teams (Global Relationship Managers, Credit Administration, Sponsor Coverage, Capital Markets) in developing financing structures and strategies
• Prescreen proposed transactions for structural issues and risks, and support credit analysis for structured credit transactions such as derivatives and receivable securitizations
• Conduct site visits and client and bank meetings as needed
• Communicate with the credit approval division, set ratings and exposure levels, and ensure compliance with policy and regulatory requirements

Required profile

• Bachelor's degree required; Finance, Accounting, Economics or a related field preferred (CFA or MBA is a plus)
• 2-4 years of experience in commercial banking, corporate banking, private credit, credit risk management or similar financial services roles
• Foundational understanding of corporate finance, accounting, financial statements, cash flow analysis and credit risk fundamentals
• Experience with three-statement financial modeling, valuation and credit analysis
• Completion of a formal credit training program is preferred

Required skills

• Strong quantitative, analytical and problem-solving skills with high attention to detail
• Ability to interpret business performance, industry trends and transaction structures with guidance from senior team members
• Strong written and verbal communication, able to summarize analysis clearly and concisely
• Collaborative, able to manage multiple priorities and meet deadlines in a fast-paced environment