Manager- Corporate Credit Analysis [T500-19490]

About Us:

MUFG Bank, Ltd. is Japan’s premier bank, with a global network spanning in more than 40 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. MUFG Bank’s parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, the Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.

The Group aims to be the world’s most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges.

MUFG Global Service Private Limited:

Established in 2020, MUFG Global Service Private Limited (MGS) is 100% subsidiary of MUFG having offices in Bengaluru and Mumbai. MGS India has been set up as a Global Capability Centre / Centre of Excellence to provide support services across various functions such as IT, KYC/ AML, Credit, Operations etc. to MUFG Bank offices globally. MGS India has plans to significantly ramp-up its growth over the next 18-24 months while servicing MUFG’s global network across Americas, EMEA and Asia Pacific

About the Role:

Position Title:

Corporate Title:

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Reporting to:

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Job Profile:

Position details:

• The Credit Analysis Team is set up in MGS for centralizing the credit analysis function for its corporate clients globally. We are looking for an ambitious credit analyst to cover a varied portfolio for corporations based in the India region.
• The Credit Analysis team is the Bank’s first line of defence and works closely with GCIB bankers, Product partners and Credit approvers to promote an optimal risk / return on the banks’ lending opportunities.
• The credit analyst will perform forward looking credit analysis on the borrowers, annual reviews and limit renewals, support on ad-hoc requests and periodic reviews when necessary.

Roles and Responsibilities:

• Manage the assigned portfolio for the India market and undertake objective detailed due diligence of borrowers / industry.
• Managing end to end annual renewal of limits and borrower ratings as per the Bank's credit processes and procedures collaborating with other stakeholders (Relationship Managers, Product teams and Credit Officers / Approvers).
• Ensure accurate and timely compliance with internal policies and reporting procedures.
• Support onshore teams for the preparation of internal applications such as borrower rating reviews, credit application for renewals and transactions/deals. These involve preparation of spreadsheet, financial & liquidity analysis and cashflow projection etc. and conducting credit review and analysis on credit transactions and rating applications.
• Conduct market research/ industry benchmarking/ peer analysis for the portfolio clients.
• Handling of waiver and amendment requests
• Audit management Support in Internal, External audits.
• Ability to multi-task and manage ever-changing and often conflicting priorities; Ability to work with a high level of motivation and initiative; Work diligently to develop technical skills and industry knowledge related to the role.
• To perform covenant checking to ensure the financial and non-financial covenants of facility agreements are duly complied with.
• Preparation of periodic sector reports and event-based stress tests of the portfolio as necessary.

Job Requirements:

• Extensive experience in fundamental corporate analysis gained in either a bank, asset manager or rating agency environment.

Functional / Technical Competencies:

• Strong domain knowledge including financial statement analysis, credit analysis, industry analysis of corporates. Experience of covering the India market is preferred.
• A good understanding of loan documentation, key credit protections, knowledge about different lending products will be preferred
• Understanding of market risk and ISDA documents would be preferred/ beneficial.
• There should be an emphasis on credit analysis in the context of a transaction or event, or a strong motivation to move into a more transaction driven environment.

Personal Requirements:

• A proactive, motivated approach, with ability to operate with urgency and prioritize work accordingly
• A structured and logical approach to work, which exhibits strong problem-solving skills
• The ability to manage workloads and tight deadlines
• Excellent attention to detail and accuracy, strong in numerical skills
• Must possess excellent communication and report writing skills.
• Relevant experience in Team management
• Language Skills: Proficient in English.
• Experience: 2 to 5 years in corporate credit analysis, after post-graduation

Qualification:

• Post Graduate Degree in Finance and/ or Financial professional qualifications (e.g. CA, CFA, FRM)

Equal Opportunity Employer