Vice President, Asset Based Finance Group (ABF) Portfolio Management job opportunity at MUFG (Mitsubishi UFJ Financial Group).



DateMore Than 30 Days Ago bot
MUFG (Mitsubishi UFJ Financial Group) Vice President, Asset Based Finance Group (ABF) Portfolio Management
Experience: 10-years
Pattern: full-time
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Asset Based Finance Group (ABF) Portfolio Management

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degreeAssociate
loacation New York, NY, United States Of America
loacation New York, NY....United States Of America

Do you want your voice heard and your actions to count? Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 150,000 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. Asset Based Finance Group (ABF) MUFG Bank’s Asset-Based Financing (ABF) is one of the essential go-to-market products for MUFG in North America, and is housed within MUFG’s Global Corporate and Investment Banking division. The ABF group delivers full services-based capabilities to MUFG’s clients including origination, underwriting, and portfolio management, as well as syndicating and agenting ABL revolvers.  The ABF team is active across a range of client business sectors throughout the U.S. Overall Purpose of Job: The Portfolio Management function within MUFG’s ABF group is responsible for the oversight of a portfolio of asset-based lending clients situated throughout the US, evaluating the creditworthiness of the clients on an ongoing basis, monitoring the collateral that supports all credit exposure, and initiating or supporting revenue growth efforts. The client base spans multiple industries, and customers range from large, public companies active in the capital markets to sponsor-owned middle market companies with complex capital structures. Job Summary / Core Responsibilities: Monitoring borrower financial performance on an ongoing basis. Evaluate collateral performance at the borrowing base component level and insure that adequate collateral is available to cover outstanding obligations Assess liquidity and excess availability levels, both historical and projected. Ensuring that the bank’s collateral is regularly appraised, field exams are conducted to evaluate the quality of the collateral and underlying collateral controls, and that adjustments are made if any issues arise from those appraisals or exams. Prepare detailed written credit analyses and required credit applications, including evaluation of loan purpose and structure, liquidity, asset protection, repayment sources, corporate, regulatory and industry risk, historical and projected operating performance, and capital structure. Contribute to the bank’s revenue and return growth goals by working closely with coverage RMs, product partners, and ABF origination staff to enhance MUFG’s importance to the borrower either through cross sell efforts or pitch to lead presentations. Closely monitor troubled credits, recommend and implement the appropriate course of action when borrower financial performance or collateral adequacy becomes an issue, participate in internal meetings to review performance and exposure strategy, and address issues related to bankruptcy and collateral liquidation. Manage bank group as agent, including addressing client needs and structuring an appropriate solution, negotiating terms that would be satisfactory to MUFG and the broader bank group, and manage bank group communication. Performing the necessary due diligence to provide timely responses to requests for additional credit. Ensuring that the internal and regulatory risk ratings for borrowers remain accurate, and recommending adjustments when a material change in the credit profile has become evident. Conduct periodic discussions with Agents (when a participant) to get borrower updates, and address amend & extend requests and amendments. Assist with the preparation for various internal and external examinations and audits and all compliance and operational aspects of the business. Requirements: A Bachelor’s degree, ideally with a business major. A CFA Level 1, 2 or 3 or an MBA is a plus. A minimum of 5-10 years of relevant corporate banking experience; with specific experience in asset-based lending a plus. Ability to manage problem loan and restructuring activities with expertise drawn from experience with bankruptcies and liquidations. Ability to negotiate loan documentation independently and extensive working knowledge of secured lending issues, and lien laws. Secured lending expertise inclusive of analyzing projections for purposes of determining working capital fluctuations and liquidity, applicable federal banking regulations, collateral analysis, foreign collateral issues, intercreditor issues, banking services to implement cash dominion, and other bank product details as it relates to overall ABL credit exposure. High level legal and negotiation skills. Excellent verbal and written communication skills. Ability to work effectively and collaboratively with coverage teams, credit officers, sponsor coverage, product partners, legal, etc. Financial modeling and analytical skills using MS Word, Excel, and PowerPoint Excellent organizational and administrative skills. Proactive, organized, self-directed. The typical base pay range for this role is between $155k-$200k and depending on job-related knowledge, skills, experience and location and 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. We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any. 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.

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