About the Role
MUFG is seeking an Associate for its Liability Management and Hybrid Capital team within the EMEA Capital Markets Group in London. This is an opportunity to join the Capital Solutions team, advising clients on sophisticated capital strategies while working closely with experienced professionals across multiple functions. The organisation offers flexible working arrangements, generous pension contributions, and extensive training opportunities.
What You'll Do
•Support the execution of liability management transactions such as tender offers, exchange offers, consent solicitations, and bond repurchases by coordinating all aspects of the process.
•Manage transaction workstreams efficiently by liaising with internal stakeholders including Coverage, DCM, Syndicate, Sales, Legal, and Compliance to ensure seamless delivery.
•Prepare and review detailed transaction analyses, execution materials, client presentations, and internal approval documentation to maintain high standards of accuracy and professionalism.
•Assist senior bankers in identifying new liability management and capital structure optimisation opportunities through market research and strategic analysis.
•Participate actively in client meetings and contribute valuable insights during discussions about refinancing strategies, maturity management, and funding approaches.
•Support the structuring and execution of hybrid capital transactions for both corporate and financial institution issuers by providing analytical input and market intelligence.
•Develop analyses related to hybrid capital structures including rating agency methodologies, equity credit considerations, and investor positioning to inform client recommendations.
•Monitor ongoing liability management and hybrid capital market activity by maintaining up-to-date market intelligence and tracking relevant transaction precedents.
•Analyse investor feedback as well as market technicals and transaction outcomes to enhance client advice and improve future deal execution.
•Collaborate closely with product specialists and corporate coverage teams to deliver tailored debt strategies that meet client needs.
What You Bring
•Demonstrated experience executing liability management transactions such as tender offers, exchange offers, consent solicitations, or debt repurchase activities.
•Proven ability to prepare client materials including transaction analyses and execution documentation for corporate or financial institution issuers with precision.
•Comprehensive understanding of debt capital markets including fixed income products as well as bond execution processes gained through hands-on involvement.
•Advanced analytical skills complemented by strong financial modelling capabilities that enable you to interpret complex data sets effectively.
•Excellent PowerPoint and Excel proficiency combined with outstanding written and verbal communication skills allowing you to present concepts clearly to stakeholders.
•Ability to perform well under pressure while consistently delivering high-quality outputs within demanding timelines thanks to your dependable nature.
•Meticulous attention to detail paired with sound commercial judgement ensures accuracy in all aspects of your work.
•Familiarity with rating agency methodologies or equity credit considerations is advantageous but not essential; exposure to hybrid capital securities is preferred.
•Knowledge of investor behaviour along with primary debt market execution processes enhances your ability to provide insightful recommendations.
•Regulatory certification is required for this role; additional European language skills or university degree are desirable.
What Sets This Company Apart
MUFG stands out as one of the world's leading financial groups with a rich heritage rooted in trustworthiness, dependability, and ethical conduct. The company's London office provides an inclusive environment with supportive leadership focused on nurturing talent. Flexible working arrangements allow employees to balance professional ambitions with personal commitments. Generous pension contributions and comprehensive training programmes support continuous learning throughout your career journey.
