Collateral Management - Commodity and Structured Trade Finance - Analyst or Associate (AVP)

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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 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:

As a Collateral Analyst you'll support the Commodity & Structured Trade Finance business line in all aspects of transaction / collateral management, administration of credit facilities and risk analysis. The primary responsibilities include maintaining a portfolio of committed and uncommitted credits by coordinating with relationship managers, portfolio managers, product partners and operations departments to facilitate the booking of credit facilities and execution of daily financing activities (loans, LCs, payments, receivable purchases, bills of exchange discounting, etc.), and managing related risks through ongoing analysis and monitoring of the bank’s collateral.

 

Responsibilities:  

• Daily interaction with clients, relationship managers, portfolio managers, trade service operations, loan operations, and other internal departments as required.

• Monitor transactional and related collateral to ensure client positions are within approved limits.

• Review borrowing / LC / payment / receivable purchase requests, and coordinate with back/middle office for the execution of transactions. Address a borrower's inquiries.  

• Review term sheets, draft agreements/amendments, credit approval and write-up. Participate in deal discussions, and coordinate with back/middle office for closing a facility. 

• For agency deals, monitoring credit facilities (i.e. credit limit, sub-limits, intra-day activities, etc.), validate borrower's requests and provide approval. Address lender's/borrower's inquiries. Facilitate LC reconciliation process with issuing bank/back office/borrower. 

• Analyze borrowing base prepared/provided by clients (i.e. review supporting detail, verify advance rate calculations, verify mark-to-market pricing for inventory, ensure that accounts receivable are within approved lender limits.). Observe trends and understand the business cycles. Discuss any discrepancies or deviations with relationship manager and the team leader of CMG.

• For secured transactional facilities, review of individual transaction requests (loans and LCs) in conjunction with monitoring of collateral by analyzing and interpreting underlying collateral (inventory/receivables/Bills of Lading, etc), review of commercial contracts and verification of underlying commodity prices.

• Review and analyze position reports and mark-to-market reports.  Discuss any discrepancies or deviations with relationship manager and the team leader of CMG.

• Assess the Bank’s exposure and provide timely alerts to relevant parties of adverse developments or deterioration in the risk profile.

Skills & Experience:

• Undergraduate degree in finance or related business field or equivalent work experience.

• 1-4 years of work experience within a financial institution. A solid understanding of corporate finance, accounting, trade finance products (e.g. letter of credit, receivable purchase, bill of exchange discounting, etc.), and banking operations is desirable.

• Previous experience with trade finance, commodities lending and/or commodities collateral management at a commercial bank is preferred.

• Working knowledge of the systems utilized by the bank is a plus: ACBS, OVS, Trade 360, LoanApp.  

• Team player with intellectual curiosity; ability to work independently and under pressure; strong problem solving and communication skills; good analytical skills; proactive attitude, flexible, critical thinker and results driven.

• Intermediate computer skills in Microsoft Word/Access/Excel

Compensation & Benefits:

The typical base pay range for this role is between $95k-$135k depending on job-related knowledge, skills, experience and location with eligibility for 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.

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.