Overall Purpose of Job
Primary responsibility for evaluating and underwriting Direct Loans and other credit exposures to Private Equity owned non-investment grade borrowers ranging in size from middle market to large corporate within the Sponsor Finance & Direct Lending business unit. Provide support for the Originations team (Financial Sponsor coverage) and Syndication's strategies. Primary responsibility for credit monitoring and borrower relationship management functions.
Corporate finance professional primarily focused on transaction diligence, structuring, credit analysis and recommendations. Critical functions include assessing risk factors associated with each credit and determining the appropriate structure, terms, and pricing in consideration of established policies and guidelines. Responsibilities will include active credit management and monitoring for potential upgrades, downgrades or general credit deterioration with the goal of maximizing the bank's net income while minimizing credit costs.
The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of the recruitment team will provide more details.
Responsibilities
•Credit analysis, recommendation, and management of the transactions within the Sponsor/Direct Lending business unit
•Perform due diligence on new transactions as well as regularly scheduled evaluation of the existing loan portfolio
•Evaluate, structure, and negotiate terms and credit agreements with Sponsor owned borrowers
•Prepare detailed credit analysis and credit applications in accordance with internal policies and regulatory guidance, including the evaluation of company-specific, industry, and regulatory risks; and company historical operating performance, projected operating performance and capital structure
•Support the sponsor coverage team's idea generation for Sponsor clients and potential clients and attend client meetings as required
•Support the syndication strategy, including lender presentations and liaison with participant lenders, including banks and private credit firms
•Oversee the communication of account information across various constituencies throughout the organization
•Generalist coverage responsibilities including the need to understand current relevant industry conditions in assigned portfolio utilizing internal and external sources
•Oversight of facility closing procedures including both operations and documentation
Advanced Client Solutions
•Work within team environment (with GRM, Corporate Advisory, Capital Markets, and Syndications) supporting the development and analysis of financing structures/strategies, including leveraged capital markets and other product areas
•Support credit analysis for structured credit transactions (derivatives transactions, margin lending, receivable securitizations, supply chain finance)
•Understand and maintain knowledge of industries represented in portfolio, including technical aspects and regulatory issues
•Participate in client and bank meetings as necessary
Policy and Transaction Responsibilities
•Facilitate communication with the credit approval division including final hold level strategies to ensure alignment of risk strategy and policy
•Evaluate and establish appropriate ratings for transactions and correlate appropriate exposure level with regard to exposure on both a transaction and group level
•Ensure compliance with policy and regulatory requirements
Requirements
•Bachelor's degree, CFA or MBA is preferred
•7+ years of work experience in financial institutions or equivalent credit risk related function analyzing corporate borrowers
•Strong knowledge of accounting and corporate finance
•Strong written, verbal, and interpersonal skills
•Good computer skills in Microsoft Word, Power Point, and Excel
Compensation
The typical base pay range for this role is between $195K-$230K base, depending on job-related knowledge, skills, experience, level and location. This role may also be eligible for discretionary performance-based bonus and/or incentive compensation. The Total Rewards program 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.
