Asset-Based Finance (ABF) Portfolio Management - Director

Join Mitsubishi Ufj Financial Group

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.

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. This is a hybrid position. The selected colleague will work at an MUFG office or client sites four days per week and work remotely the remaining day.

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

The core responsibilities include :

• Conduct analyses of a customer's historical and projected financial performance, conduct applicable due diligence, and monitor 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.
• Determine effectiveness of financing terms and conditions and all other appropriate underwriting guidelines.
• 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.
• Recommend and implement the appropriate course of action when borrower financial performance or collateral adequacy becomes an issue.
• 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.
• Provide timely responses to requests for additional credit.
• Ensure 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.
• Ensure that the internal and regulatory risk ratings for borrowers remain accurate, and recommend adjustments when a material change in the credit profile becomes evident.
• Closely monitor troubled credits, participate in internal meetings to review performance and exposure strategy, and address issues related to bankruptcy and collateral liquidation when it arises.
• 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.
• Conduct periodic discussions with Agents (when a participant) to get borrower updates, and address amend & extend requests and amendments.
• Coordinate loan proposals and loan underwriting, including complex scenarios with high profile clients.
• Assist with the preparation for various internal and external examinations and audits and all compliance and operational aspects of the business.

Requirements

The required qualifications include :

The typical base pay range for this role is between $180-230k and 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.

Our Culture Principles

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. 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!