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MUFG Associate - Credit Division of the Americas in Toronto, Ontario

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.

Portfolio Management:

  • Support the credit/portfolio management of a segment of the corporate loan portfolio in CDA.

  • Perform due diligence and regularly scheduled evaluation of a segment of the corporate loan portfolio.

  • Preparation of detailed credit analyses and required credit applications according to policy including evaluation of corporate, regulatory and industry risk, historical operating/financial performance, projected operating/financial performance and capital structure.

  • Modeling skills required for both the credit application process and Quarterly Credit Watch presentations.

  • Responsible for the coordination and communication of account information across various constituencies throughout the organization.

  • Responsible for knowledge of country risk factors on a macro level.

  • Responsible for knowledge of particular industries and all current events related to their assigned portfolio utilizing internal and external sources.

  • Oversight of covenant compliance databases and facility closing due diligence, including documentation.

  • Attend customer and bank meetings when appropriate.

  • Special projects as assigned.

Advanced Credit/Underwriting Solutions:

  • Pre-screen proposed transactions to identify critical structural issues and risks, balancing institutional policy and risk appetite with business objectives with the guidance from Senior Credit Officers

  • Work on structured credit transactions including Financial Solutions, securitizations, hedging structures, supply chain finance and leasing transactions with the guidance from Senior Credit Officers

  • Understand and maintain solid industry knowledge of industries represented in the portfolio, including technical aspects and regulatory issues.

Policy and Deal Advocacy:

  • Assist Senior Credit Officers to influence policy development by participating in committees, project teams, or transaction discussions.

  • Communicate with Relationship Managers and Portfolio Managers to resolve issues to ensure transaction requests are acceptable and within the risk appetite of the Bank.

Technical Skills:

  • Strong communication, analytical, problem solving and financial modeling skills a must. Good computer skills in Mircrosoft Word, Power Point and Excel.

Experience and Abilities:

  • Minimum of 3 years of work experience within a financial institution analyzing corporate and or commercial client's risk and credit profiles. Similar experience in accounting firms or rating agencies also acceptable.

  • Previous experience analyzing corporate or commercial credit and financing transactions is required.

  • Experience with leveraged finance transactions is a plus.

  • Experience analyzing clients in the Power & Utilities, Commodities and/or Mining industries is a plus.

  • Verbal and written communication skills appropriate for a professional environment.

Education and Training:

  • Bachelor's degree required. Working towards CFA and or MBA is an asset. Completion of formal credit-training program at a money center bank is preferred.

Working Conditions:

  • 4 days a week in the office; 1 day from home

  • Travel not required

The job description and related application pertains to an opportunity with either MUFG Bank, Ltd., Canada Branch (“MUFG Bank Canada”) or MUFG Securities (Canada), Ltd. (“MUFG Securities Canada”). The job description relates to the general nature, scope, quantity and quality of work contemplated for the position. Other duties and responsibilities not specifically described may be assigned from time to time, consistent with knowledge, skills and abilities of the incumbent. The receipt of an application by either MUFG Bank Canada or MUFG Securities Canada, as applicable, does not imply or guarantee employment.

Each of MUFG Bank Canada and MUFG Securities Canada is an equal opportunity employer.

• As a federally regulated entity, MUFG Bank Canada is required to comply with applicable laws which prohibit discrimination based on protected grounds and which require accommodation to individuals in accordance with the requirements outlined in the Canadian Human Rights Act and the Canada Labour Code. Where MUFG Bank Canada obtains information relating to protected grounds under the Canadian Human Rights Act as part of the application process, it does so to monitor and otherwise evaluate its own compliance with such legislation and associated regulatory requirements; MUFG Bank Canada does not use such information for decision making purposes relating to the position contemplated in this application.

• As a provincially regulated entity, MUFG Securities Canada is required to comply with applicable laws which prohibit discrimination based on protected grounds and which require accommodation to individuals in accordance with the requirements outlined in the Human Rights Code (Ontario) and the Employment Standards Act (Ontario). Where MUFG Securities Canada obtains information relating to protected grounds under the Human Rights Code (Ontario) as part of the application process, it does so to monitor and otherwise evaluate its own compliance with such legislation and associated regulatory requirements; MUFG Securities Canada does not use such information for decision making purposes relating to the position contemplated in this application.

At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!

Our Culture Principles

  • Client Centric

  • People Focused

  • Listen Up. Speak Up.

  • Innovate & Simplify

  • Own & Execute

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