Vice President - Underwriting & Portfolio Management - Power & Utilities

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.We're seeking a Credit Vice President who will be part of our growing corporate Power & Utilities Portfolio Management team. You will focus on underwriting and portfolio management in the Power & Utilities vertical lending business for investment grade & non-investment grade, leverage finance, and sponsor-based clients.As a Vice President, 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.Responsibilities:Evaluate prospects and analyze structure of complex financing transactions for new and existing clients within the Power & Utilities verticalUnderwrite new bank debt transactions according to established policies and guidelines for non-investment grade clients and prospectsManage a portfolio of corporate clients, including periodic reviews and communication of account information across various constituencies throughout the organizationPrepare cash flow projections to assess the debt repayment capacity of borrowersReview loan documentation and facilitate the closing of transactionsCoordinate the deal process with credit partners in CDA (Credit Division of the Americas), relationship managers in GRM (Global Relationship Management), and various product partnersTrain and guide the junior members of the teamActive portfolio management of designated customers:Responsible for the management of a portfolio in the Power & Utilities vertical, including regulated electric and gas utilities, independent power producers, project developers and renewable energy holdings companiesPerform due diligence and regularly scheduled reviewsAnalyze credit risk of the designated portfolio, determine accurate ratings and make recommendations of accurate and timely ratings to managementPrepare detailed credit analysis and credit applications in accordance with Policy, 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 managementCoordinate and communicate critical account information independently and directly to various related parties throughout the bank, business line, product groups and credit divisionsMaintain direct communication with assigned customersDeal Support:Work with business lines/product groups to identify prospective transactionsIdentify structural risks and mitigate in prospective transactions and recommend/enhance structuring of deals and covenant in line with policies and proceduresAdvise account officers on credit risk issues/terms and conditions to create a best possible deal with a goal of maximizing profit and minimizing credit costDirectly and independently communicate with credit division and ensure it is provided with all related information/analysis pertinent to making a decision with little support from managementPolicy Compliance:Ensure compliance with external regulatory/internal policy and procedural requirementsParticipate in ad-hoc policy meetings to enhance organization wide credit risk frameworkSupport and mentor junior analysts in credit risk management process:Train and support junior analysts on OJT basis as assigned by MD or Director/Team LeaderGuide junior analysts in completing complex assignmentsStudy, develop and enhance analytical skills of the team through close communicationSkills & Experience:Bachelor’s degree, CFA is an asset, an MBA and/or degree in Finance, Accounting, or Economics preferred but not required5+ years of corporate lending experienceUnderstanding of the power and utility sector, ESG trends or other related work experience is preferredStrong credit skills and extensive financial modeling skillsKnowledge of standard bank products including loans, letters of credit, derivatives, foreign exchange, securitization and leasingStrong written, verbal and interpersonal skillsThe ability to manage multiple prioritiesEffective communication skills and ability to work with senior credit officers, business partners, and clientsCompletion of formal credit training program is a decisive assetThe typical base pay range for this role is between $170K - $190K depending on job-related knowledge, skills, experience and location. This role will 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 SummaryWe 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.SummaryLocation: New York, NY; Los Angeles, CA; Houston, TXType: Full time