Logo
MUFG

Credit Officer - FI coverage, Vice President

MUFG, New York, New York, us, 10261

Save Job

Credit Officer - FI coverage, Vice President

Base pay range: $142,000.00/yr - $180,000.00/yr Position Summary:

Credit Officer role covering counterparties/clients based in the Americas. Primary Responsibilities:

Will manage and control a portfolio of counterparties. Will perform counterparty credit analysis on a range of counterparty types: banks, broker dealers, clearing houses, insurance companies, REITs, mortgage originators and servicers, and specialty finance companies. As part of the counterparty assessment, will perform due diligence including regular information gathering discussions/meetings with clients as needed; ability to work closely with MUFG revenue generators and other internal colleagues across functions and affiliates are required skills for this role. Will document the counterparty credit assessment including proposed counterparty credit ratings using approved internal rating approaches and will propose credit risk appetite in the form of credit limits. Will manage the credit application process to achieve a decision and ensure approved limits are properly recorded in our systems. Will work with Legal and the Business to ensure counterparty legal documentation is completed and appropriately reflects required credit terms. In addition to covering a portfolio of counterparties, the Credit Officer will support credit related projects and initiatives and be involved with the RCSA process and control testing for Credit Risk Management. Qualifications:

Minimum of 5-7 years of experience in Banking with at least 3 years in a Credit Risk or similar role (either first or second line). Technical skills: Intermediate level expertise in the Microsoft Suite of applications, with a focus on Excel (V-Lookups and Pivot Tables); PowerPoint skills are welcome. Basic Product Knowledge: Knowledge of repos, securities lending and derivatives products is important. Experience writing credit reviews on Mortgage Originators, REITs, servicers, banks, broker dealers and related FIG counterparty types. Interpersonal skills: Ability to communicate and collaborate with colleagues across support functions and interact regularly with Sales/Trading revenue generators and clients. Experience performing counterparty credit analysis on a range of FIG-related counterparty types. Knowledge of counterparty legal documentation and related credit terms, as applicable, is useful. We are an Equal Opportunity Employer committed to leveraging the diverse backgrounds, perspectives and experience of our workforce. 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, or any other status protected under applicable federal, state, or local law.

#J-18808-Ljbffr