Loan Workout Specialist

4 days ago


New York, New York, United States MUFG Bank, Ltd. Full time

We are seeking a highly skilled Loan Workout Specialist to join our New York office at MUFG Bank, Ltd.

Job Summary:

The ideal candidate will have a Bachelor's degree in Business Administration, Finance, Accounting, or related discipline and a minimum of 2-3 years' experience in wholesale banking credit, rating agency, or turnaround consulting firm. Strong technical and quantitative skills, including financial statement analysis, accounting principles, and wholesale credit underwriting are required.

The successful candidate will be responsible for administering and monitoring a distressed loan portfolio, analyzing Borrowers' and Guarantors' financial statements, and developing financial models. They will also collaborate with Senior Loan Workout Specialists to prepare timely borrower internal and regulatory rating recommendations and assign proper accrual status on allocated accounts.

Key qualifications include a strong understanding of leveraged finance, proficiency in MS Word, Excel, PowerPoint, and Bloomberg, and excellent written and communication skills.

A competitive total rewards package is offered, including base pay of $80,000 - $110,000 per year, discretionary performance-based bonus and/or incentive compensation, comprehensive health and wellness benefits, retirement plans, educational assistance, and training programs.



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