Vice President - Credit Underwriting and Portfolio Management - Entertainment Finance

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 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.

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.

Job Summary:

The Entertainment Finance Group (EF) structures and underwrites loan facilities for a variety of businesses who are in the entertainment industry. As an experienced corporate finance professional, you will be part of the Portfolio Management Group (PMG) team supporting the EF lending business. Critical functions of this position include assessing risk factors associated with a credit and determining appropriate ratings based on established policies and guidelines. You will be responsible for active credit management of a designated portfolio utilizing solid credit and analytical skills, providing continuous oversight of portfolio names, monitoring for potential risk and regulatory rating changes and proactively identifying credit deterioration with the goal of maximizing net income and reducing credit costs.

You as a Credit Risk Manager in PMG will be responsible for the implementation of the credit risk management function within GCIB (Global Corporate & Investment Bank) and more specifically the Entertainment Finance Industry Vertical. 

Entertainment Finance is a dynamic and fast-paced industry with a variety of tasks and time sensitive deadlines.  The ideal candidate will need to be well organized and able to manage multiple priorities effectively. While the role is demanding, it offers a highly rewarding experience for those who thrive in an energetic and engaging environment.

Responsibilities:

• Evaluate prospects and analyzes structure of complex financing transactions for new and existing clients in the Entertainment Finance industry vertical

• Prepare cash flow projections and model out debt repayment capacity of borrowers in order to assess the strength of the primary sources of repayment

• Properly articulate and support external regulatory ratings and provide detailed, objective, timebound and measurable triggers for upgrades (if non-pass) and downgrades

• Either as the deal team leader or member, underwrite new bank debt transactions according to established policies and guidelines for non-investment grade clients and prospects

• Manage a portfolio of corporate and special purpose entity clients, including periodic reviews and communication of account information across various constituencies throughout the organization

• Review loan documentation in coordination with both in-house and outside counsel and collaborate with MUFG middle and back-office personnel, to facilitate the closing of transactions by prescribed deadlines

• Coordinate the deal process with credit partners in CDA (Credit Division of the Americas), relationship managers in GRM (Global Relationship Management), and various product partners

• Train and guide the junior members of the team

Active portfolio management of designated customers:

• Responsible for the management of a portfolio

• Perform due diligence and regularly scheduled reviews

• Analyze credit risk of the designated portfolio, determine accurate ratings and make recommendations of accurate and timely ratings to management

• Prepare detailed credit analysis and credit applications in accordance with MUFG’s Credit Application Operating Manual, Entertainment Finance’s underwriting guidelines, Credit Rules for Overseas Offices and company's Procedure Manual, evaluating the borrower’s industry/business/legal/financial risks and recommending extensions of credit to management

• Coordinate and communicate critical account information independently and directly to various related parties throughout the bank, business line, product groups and CDA

• Maintain direct communication with assigned customers

Deal Support:

• Work with business lines/product groups to identify prospective transactions

• Identify structural risks in prospective transactions and recommend/enhance structuring of deals and covenant in line with policies and procedures

• Advise internal stakeholders on credit risk issues/terms and conditions to create a best possible deal with a goal of maximizing profit and minimizing credit cost

• Directly and independently communicate with CDA and ensure it is provided with all related information/analysis pertinent to making a decision with little support from management

Policy Compliance:

• Ensure compliance with external regulatory/internal policy and procedural requirements including participation in preparing for and assisting in internal and external portfolio examinations to ensure satisfactory ratings

• Participate in ad-hoc policy meetings to enhance organization wide credit risk framework

Support and mentor junior analysts in credit risk management process:

• Guide, train and support junior analysis in completing complex assignments

• Study, develop and enhance analytical skills of the team through close communication

Skills & Experience:

• Bachelor’s degree, a CFA is an asset, an MBA and/or degree in Finance, Accounting, or Economics preferred but not required

• 5+ years of corporate lending experience, corporate Entertainment lending experience preferred

• Strong credit and extensive financial modeling skills including cash flow (sensitivity analysis to create acceptable base and downside cases) and detailed EBITDA reconciliations

• Knowledge of standard bank products including loans, letters of credit, derivatives, foreign exchange, securitization and leasing

• Strong written, verbal and interpersonal skills

• The ability to manage multiple priorities

• Effective communication skills and ability to work with senior credit officers, business partners, and clients

• Completion of formal credit training program is a decisive asset

Applying above qualifications towards being able to independently prepare comprehensive, objective, clearly written and properly risk based credit application packages for new transactions, refinancings, amendments, recurring reviews (annual, semi-annual and quarterly) and ensure inclusion of all necessary memo requirements and ancillary reporting (proper ratings, accurate spreads, appropriate models, etc.) in adherence to internal policies, with limited errors or rewrites, is crucial for success in this position.

Compensation & Benefits:

The typical base pay range for this role is $170k - $200k depending on job-related knowledge, skills, experience, and location. This role 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. For more information on our Total Rewards package, please click the link below.

MUFG Benefits Summary

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.