Sponsor Finance & Direct Lending Analyst / Associate - New York
MUFG · New York, United States · 1d ago
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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.Overall Purpose of Job:
Primary support for evaluating and underwriting Direct Loans and other credit exposures to Private Equity owned non-investment grade borrowers ranging in size from middle market to large corporate within the Sponsor Finance & Direct Lending business unit. Associates will also provide support for the Originations (Financial Sponsor coverage), Syndications, Monitoring and Sponsor portfolio company Relationship Management functions by assignment within the business unit.
Associates will be a corporate finance professional, supporting Sponsor Finance & Direct Lending including non-investment grade transaction origination and credit analysis efforts. Critical functions include assessing risk factors associated with each credit and determining the appropriate risk ratings based on established policies and guidelines. Responsibilities will include active credit management and monitoring for potential upgrades, downgrades or general credit deterioration with the goal of maximizing the bank’s net income while minimizing credit costs.
Responsibilities:
- Support the credit analysis and management of the Sponsor/Direct Lending business unit
- Perform due diligence on new transactions as well as regularly scheduled evaluation of the existing loan portfolio
- Provide support for evaluating, structuring and negotiating terms and credit agreements with Sponsor clients
- Support the preparation of detailed credit analyses and required credit applications in accordance with internal policies and regulatory guidance, including the evaluation of company-specific, industry, and regulatory risks; and company historical operating performance, projected operating performance and capital structure.
- Modeling skills required for both the credit application process and quarterly review presentations.
- Provide support for coverage team’s idea generation and pitch books for Sponsor clients and potential clients and attend client meetings as required
- Provide support for the syndication strategy, including lender presentations and liaison with participant lenders, including banks and private credit firms
- Responsible for the coordination and communication of account information across various constituencies throughout the organization.
- Generalist coverage responsibilities including the need to understand current relevant industry conditions in assigned portfolio utilizing internal and external sources.
- Oversight of facility closing procedures including both operations and documentation.
Advanced Client Solutions:
- Work within deal team environment (with GRM, Corporate Advisory, Capital Markets, and Syndications) supporting the development and analysis of financing structures/strategies, including leveraged capital markets and other product areas.
- Support credit analysis for structured credit transactions (derivatives transactions, margin lending, receivable securitizations, supply chain finance).
- Understand and maintain knowledge of industries represented in portfolio, including technical aspects and regulatory issues.
- Participate in client and bank meetings as necessary.
Policy and Transaction Responsibilities:
- Support the communication with the credit approval division including final hold level strategies to ensure alignment of risk strategy and policy.
- Evaluate and establish appropriate ratings for transactions and correlate appropriate exposure level with regard to exposure on both a transaction and group level.
- Ensure compliance with policy and regulatory requirements.
Requirements:
- Bachelor’s degree, CFA candidacy is a plus.
- 2+ years of work experience in financial institutions or equivalent credit risk related function analyzing corporate customers
- Strong financial modeling skills
- Knowledge of accounting and corporate finance
- Strong written, verbal, and interpersonal skills
- Good computer skills in Microsoft Word, Power Point, and Excel.
- Able to work independently and under pressure.
The typical base pay range for this role is depending on job-related knowledge, skills, experience, level and location and is between $110k-$175k base. 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.