Credit Action and Portfolio Review (70%) Review and analyze complex credit actions for a range of factors in assessment areas listed below. Evaluate data and identify trends through an on-going and risk-based monitoring of credit actions. Conduct portions of individual credit assessments for review and finalization by team members. Document results of monitoring and provide periodic risk assessments of assigned credit actions or portfolio reviews. Ensure all work products are completed on time i... more details
Do 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 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.
The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.
Job Summary & Responsibilities:
Credit Action and Portfolio Review (70%) Review and analyze complex credit actions for a range of factors in assessment areas listed below. Evaluate data and identify trends through an on-going and risk-based monitoring of credit actions. Conduct portions of individual credit assessments for review and finalization by team members. Document results of monitoring and provide periodic risk assessments of assigned credit actions or portfolio reviews. Ensure all work products are completed on time in formats required.
Develop and/or work with team members to develop and review samples for assessment. Act in an advisory role to Front, Second, and Third Line colleagues as appropriate based on assessment findings and QA Team recommendations.
Communications (20%) Communicate with impacted stakeholders regarding assessments. Prepare reports and/or report content for inclusion in QA Team presentations to governance bodies and impacted business units.
Teamwork (10%) Maintain effective working relationships with credit administration and lending unit management. Work in a team environment for special assignments as part of CARM, Credit Planning and Credit Standards.
Assessment areas include but are not limited to:
• TTM rapid rating deterioration (Pass to non-Pass)
• Regulatory rating assessment/conclusions
• Internal rating (BR/ASR, etc.) assessment/conclusions
• Timeliness of Reviews
• Internal vs. Regulatory Ratings
• Regulatory Leverage Assessment
• SLoD Effective Challenge (evidence/quality)
• Appropriate Exercise of Delegated Approval Authority
• Standards, Procedures, and MAUG Exceptions
• Application Content Completeness
• Ad Hoc as recommended by QA team, senior management, or CRC
Expected Qualifications:
- A BA or BS degree preferred with 5+ years progressive credit / lending / examination experience. An MBA is highly desirable.
- Strong presentation skills.
- Experience in credit risk, risk rating (internal and regulatory), credit standards and procedures application, credit/financial statement analysis, all based on a solid understanding of business and financial markets and the effects of economic conditions on the Bank’s risk assets.
- Ability to analyze portfolio trends, identifying signs of changing risk levels and/or symptoms of process control breakdowns.
- Ability to identify opportunities for continuous improvement of processes related to areas assessed.
- Effective communication skills, both oral and written.
- Ability to interact effectively with Front and Second Line process stakeholders.
The typical base pay range for this role is between $145K-190K 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 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.
