Asset Based Lending Credit Officer, Vice President
1 month ago
Credit Officer, Asset Based Lending, Vice President - Hybrid (NY) page is loaded
Credit Officer, Asset Based Lending, Vice President - Hybrid (NY)
Apply
locations
New York, NY
time type
Full time
posted on
Posted 10 Days Ago
job requisition id
10059323-WD
Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 6th largest financial group in the world. Across the globe, we’re 160,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.
With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.
Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.
Job Summary:
The Credit Risk Manager position reports to the head of ABL and Sponsor transactions for Credit Division of the Americas.This is a critical role in supporting the Asset Based Lending (“ABL”) franchise as they grow and expand into higher risk and distressed lending. The individual will be responsible for the 2nd line of defense for a portfolio of ABL transactions and other leveraged loans, including distressed and DIP financings.This includes providing credit recommendations on new transactions and managing a complex portfolio. They will work closely with senior members of the business line and provide structuring and legal documentation input on transactions.They will evaluate and recommend transactions and monitor the credit exposure in the portfolio and develop exposure management programs when appropriate.
Major Responsibilities:
(1) Active portfolio management of designated customers
Responsible for credit exposure to a portfolio of primarily ABL borrowers
Identify the potential credit deterioration of individual companies in the portfolio and maintain timely and accurate risk ratings
Staying current on changes and potential changes in the sector and regulatory developments is an important part of your job
Coordinate and communicate critical account information independently and directly to various related parties including the business line, product groups, and credit divisions.
Additional responsibilities will include presentations to senior executives, discussions with internal auditors and external regulators.
Providing quality control for credit applications and/or approval memos.
Participate in and contribute to special assignments and projects as required.
(2) New transactions
Lead effective challenge of transactions to ensure safety and soundness of portfolio
Work with the business line to identify and mitigate structural and other risks in prospective transactions.
Evaluate credit opportunities along with the business line and perform detailed credit analysis taking in to consideration industry, business, legal and financial risks, and make recommendations to management operate.
Provide real-time feedback to deal teams about MUFG risk appetite for transactions
Provide structuring input and make recommendations on credit requests based on fundamental analysis and maintain a comprehensive knowledge on individual companies and the industries in which they operate.
Advise the Business Line on credit risk issues/terms and conditions to create the best possible transaction, focusing on the risk/return dynamic and on minimizing potential credit costs.
(3) Policy Compliance
Ensure compliance with external regulatory/internal policy and procedural requirements
Participate in ad-hoc policy meetings to enhance organization wide credit risk framework.
Qualifications:
Bachelor’s Degree or Masters in business or a related field.
CFA is desirable.
7+ years of work experience in credit and risk related functions with a minimum of 3 years of experience in analyzing ABL transactions is required
In depth knowledge of corporate credit analysis, loan
structures/documentation
and credit and risk management issues is critical.
Understanding of the issues related to the regulatory environment (FRB, OCC, FDIC).
Comfortable with Word, Excel and PowerPoint
Strong written and verbal communications skills are critical.
Knowledge of bankruptcy and experience in workout situations highly desirable.
The typical base pay range for this role is between $140K - $180K depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes 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, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.
MUFG Benefits Summary
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified. We are proud to be an Equal
Opportunity/Affirmative
Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.
#LI-Onsite
Similar Jobs (2)
Senior Credit Risk Specialist, Analyst
locations
New York, NY
time type
Full time
posted on
Posted 30+ Days Ago
Credit Analyst, PMG - Healthcare & Global Subsidiary Banking
locations
New York, NY
time type
Full time
posted on
Posted 4 Days Ago
About US
At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them
Our Culture Principles
Client Centric
People Focused
Listen Up. Speak Up.
Innovate & Simplify
Own & Execute
#J-18808-Ljbffr
-
New York, New York, United States MUFG Americas Full timeCredit Officer, Asset Based Lending, Vice President - Hybrid (NY) page is loaded Credit Officer, Asset Based Lending, Vice President - Hybrid (NY) Apply locations New York, NY time type Full time posted on Posted 10 Days Ago job requisition id WDDo you want your voice heard and your actions to count?Discover your opportunity with Mitsubishi UFJ Financial...
-
Asset-Based Lending Vice President
2 weeks ago
New York, United States Selby Jennings Full timeA leading private credit investment firm is looking to add a Vice President to their Asset-Based Lending Team. This individual will help quarterback deals across a range of financial asset investment opportunities.The ideal candidate will havebuy side experience investing across consumer, commercial, residential and other types of asset backed investment...
-
Asset-Based Lending Vice President
2 weeks ago
New York, United States Selby Jennings Full timeA leading private credit investment firm is looking to add a Vice President to their Asset-Based Lending Team. This individual will help quarterback deals across a range of financial asset investment opportunities.The ideal candidate will havebuy side experience investing across consumer, commercial, residential and other types of asset backed investment...
-
Private Credit Vice President
2 weeks ago
New York, United States Selby Jennings Full timeA New York-based alternative asset manager focused on global credit markets is seeking a Private Credit Vice President to join the Direct Lending team in New York, NY. The firm's investment approach combines fundamental research with trading and risk analytics to target attractive opportunities across public and private asset classes. The direct lending...
-
Private Credit Vice President
2 weeks ago
New York, United States Selby Jennings Full timeA New York-based alternative asset manager focused on global credit markets is seeking a Private Credit Vice President to join the Direct Lending team in New York, NY. The firm's investment approach combines fundamental research with trading and risk analytics to target attractive opportunities across public and private asset classes. The direct lending...
-
Vice President
2 weeks ago
New York, United States Bank of America Full timeJob Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for...
-
New York, United States MUFG Bank, Ltd. Full timeDo you want your voice heard and your actions to count? Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we're 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term...
-
New York, United States MUFG Bank, Ltd. Full timeDo you want your voice heard and your actions to count? Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we're 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term...
-
Vice President, Private Credit
2 weeks ago
New York, New York, United States Selby Jennings Full timeVice President, Private Credit Selby Jennings Manhattan, United States Posted 2 days ago In-Office Job Permanent USD USD250000 per yearA leading, middle-market private credit manager focused on strategic lending in NYC is looking to add a Vice President to the team. The firm is focused on unsponsored, special situation credit investments. The Vice President...
-
Vice President, Private Credit
4 weeks ago
New York, New York, United States Selby Jennings Full timeA leading, middle-market private credit manager focused on strategic lending in NYC is looking to add a Vice President to the team. The firm is focused on unsponsored, special situation credit investments. The Vice President will be responsible for origination, structuring, underwriting, and execution of transactions. The ideal candidate will have the...
-
Vice President, Private Credit
4 weeks ago
New York, United States Selby Jennings Full timeA leading, middle-market private credit manager focused on strategic lending in NYC is looking to add a Vice President to the team. The firm is focused on unsponsored, special situation credit investments. The Vice President will be responsible for origination, structuring, underwriting, and execution of transactions. The ideal candidate will have the...
-
Vice President, Private Credit
1 month ago
New York, New York, United States Selby Jennings Full timeA leading, middle-market private credit manager focused on strategic lending in NYC is looking to add a Vice President to the team. The firm is focused on unsponsored, special situation credit investments. The Vice President will be responsible for origination, structuring, underwriting, and execution of transactions. The ideal candidate will have the...
-
New York, United States Network ESC A Division of Network Temps, Inc. Full timeIMMEDIATE FULL-TIME DIRECT HIRE OPPORTUNITYVice President, CLO Structured Credit OfficerTop International Trust and Investment BankNew York, NYHybrid - 3 Days Remote/2 Days On-Site in Midtown, NYCCOMPENSATION: $180-210K + Bonus + BenefitsApply: Qualified candidates, please email CV with salary requirements to cjason@networkesc.com.*TO BE ELIGIBLE FOR...
-
Vice President, CLO Structured Credit Officer
2 months ago
New York, United States Network ESC A Division of Network Temps, Inc. Full timeIMMEDIATE FULL-TIME DIRECT HIRE OPPORTUNITYVice President, CLO Structured Credit OfficerTop International Trust and Investment BankNew York, NYHybrid - 3 Days Remote/2 Days On-Site in Midtown, NYCCOMPENSATION: $150-190K + Bonus + BenefitsApply: Qualified candidates, please email CV with salary requirements to cjason@networkesc.com.*TO BE ELIGIBLE FOR...
-
Vice President, CLO Structured Credit Officer
4 weeks ago
New York, United States Network ESC A Division of Network Temps, Inc. Full timeIMMEDIATE FULL-TIME DIRECT HIRE OPPORTUNITYVice President, CLO Structured Credit OfficerTop International Trust and Investment BankNew York, NYHybrid - 3 Days Remote/2 Days On-Site in Midtown, NYCCOMPENSATION: $150-190K + Bonus + BenefitsApply: Qualified candidates, please email CV with salary requirements to cjason@networkesc.com.*TO BE ELIGIBLE FOR...
-
Vice President
2 months ago
New York, New York, United States Bank of America Full timeJob Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our...
-
New York, United States Selby Jennings Full timeA leading middle-market private credit manager focused on strategic lending is looking to add a Private Credit Senior Associate or Vice President to the team in New York, NY. The firm is focused on unsponsored, special situation private credit investments. The Senior Associate/Vice President will be responsible for origination, structuring, underwriting, and...
-
Vice President Private Credit
1 month ago
New York, United States J Harlan Group, LLC Full timeJob DescriptionJob DescriptionVice President Private Credit NYC Private Credit Investment Manager J Harlan Group is currently conducting a search for an experienced and highly motivated Vice President Private Credit – Middle Market Direct Lending at a prominent NYC Private Credit Investment Manager. Seeking to add an investment professional to an emerging...
-
Vice President Private Credit
4 weeks ago
New York, United States J Harlan Group, LLC Full timeJob DescriptionJob DescriptionVice President Private Credit NYC Private Credit Investment Manager J Harlan Group is currently conducting a search for an experienced and highly motivated Vice President Private Credit – Middle Market Direct Lending at a prominent NYC Private Credit Investment Manager. Seeking to add an investment professional to an emerging...
-
Clm - Assistant Vice President, Business &
3 weeks ago
New York, United States Citi Full time**Citi Commercial Bank - Commercial Lending Management - Assistant Vice President, NAM Business & Professional Services** **Description** Citi’s Commercial Bank (CCB) for the North American (NAM) region is a rapidly growing business, targeting emerging, mid - and larger-sized companies based in the United States or Canada, with annual revenue generally...
